Project Accountant
4 weeks ago
Monday, May 27, 2024
CentreCourt Developments
Overview of CentreCourt
Since its inception in 2010, CentreCourt has been the fastest-growing and top-performing residential developer in the GTA and was recognized by Canadian Business as one of Canada’s fastest-growing companies. Today, CentreCourt is one of the largest high-rise developers in Canada with 19 high-rise residential projects (completed and in construction), collectively representing over 10,000 homes and over $5.6 billion dollars of development value. In early 2022, CentreCourt raised CentreCourt Platform II – a $400 million long-term equity fund – that ensures it has the capital to continue its strong growth trajectory while reacting flexibly and opportunistically in any market environment.
CentreCourt is a fully integrated real estate development organization that operates across all areas of development including land acquisition, zoning, design, marketing, sales, construction, and customer care. We are currently focused on large-scale, high-rise residential communities located near major amenities, rapid transit networks, and employment nodes across the Greater Toronto Area (GTA).
As one of the GTA’s leading high-rise residential developers, we continually hold ourselves to the highest standards of excellence constantly exceeding the expectations of our homeowners. Our developments are collaborative endeavours undertaken with best-in-class planners, architects, interior designers, and construction trades. We take great pride in the positive impact our developments have on homeowners and the communities they are part of.
We look for hard-working individuals with exceptional decision-making skills. If you are a candidate with a long-term outlook of becoming the best in your field, who is dedicated, and who is seeking a highly engaging and rewarding career path without parallel,
Please visit www.centrecourt.com to learn more about CentreCourt and the principles that define its culture and approach to business.
Position Summary
The Project Accountantwill report to the Senior Vice President of Accounting and will be responsible for managing the monthly accounting and reporting cycle for CentreCourt’s residential condominium projects. Additional responsibilities will be required on a periodic basis including supporting project managers with information requests or financial analysis. The ideal candidate must be detail-oriented, well-organized, and hard-working. They also must feel comfortable multi-tasking in a fast-paced environment.
Key responsibilities of the position include:
- Develop and maintain accurate financial reports for internal and external stakeholders of CentreCourt’s projects, on a timely basis;
- Prepare and review monthly Job Cost reports, monitor current budgets and actual costs and propose budget transfers, when appropriate;
- Perform monthly bank and HST reconciliations and ensure HST filings are submitted on a timely basis, in accordance with CRA requirements;
- Ensure that invoices are entered into the system correctly by AP Clerks and that all the relevant supporting schedules are complete and accurate;
- Liaise with cost consultants and lenders to ensure monthly project monitor reports are completed accurately and that the funding is issued on time;
- Monitor working capital balances, analyze project cost requirements and prepare funding schedules to be used when issuing capital calls to the partners;
- Review monthly construction progress billing packages, to ensure these are prepared accurately and that all the required statutory documents are included;
- Prepare year-end financial reports and schedules and provide all required information to external accountants for preparation of financial statements and tax filings;
- At the time of project completion, prepare SOA and Final Closing trackers and ensure that all the SOAs are accurate and that all the closing funds received tie to our records;
- Support internal teams with requested financial analysis on an ad-hoc basis;
- Perform other accounting duties, as required.
Candidate Qualifications
- At least 2 years of experience in a similar role; project accounting experience on development projects is considered an asset
- Excellent attention to detail
- Strong organizational and planning skills
- Proficient in Microsoft Word, Excel and PowerPoint
- Ability to prioritize and multi-task in order to meet sensitive deadlines
- Flexibility to work outside of core hours when business needs dictate
- Self-starter attitude with an ability to work in a fast-paced environment
- The highest degree of integrity, honesty, and commitment to professionalism
- Strong communication skills with an ability to present information in a clear manner
CentreCourt is an equal-opportunity employer. We are committed to providing employment accommodation in accordance with the Accessibility for Ontarians with Disabilities Act. During any stage of the recruitment and hiring process, accommodations for applicants with disabilities are available upon request.
We thank all applicants, but only those selected for further consideration will be contacted.
- 134 Peter St, Toronto, ON M5V 2H2, Canada
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