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Senior Development Accountant
1 month ago
We are seeking a highly skilled Senior Development Accountant to join our team. As a Senior Development Accountant, you will be responsible for maintaining and managing a portfolio of commercial and residential properties under development across different entities within a Domestic portfolio.
About the Role:- Handle all aspects of accounting for development projects with minimal supervision.
- Set up and maintain projects in the accounting system's job cost, including original and revised budgets, costs incurred, costs to complete, committed costs, and projected final costs.
- Prepare loan draws and capital calls as required.
- Prepare monthly financial reports; providing timely and accurate analysis of financial results and operating metrics.
- Coordinate with development and finance to track and report projected cash needs for all projects, including those in the pre-construction phase.
- Track holdbacks and holdback releases in accordance with provincial lien holdback legislation.
- Monitor committed costs and projected final costs relative to changes in contracts and commitments.
- Work with property accounting team to transition properties under development to income producing.
- Have full involvement, responsibility, and accountability for the portfolio, which includes all monthly, annual, and other duties as detailed in the job responsibilities.
- Professional accounting designation or equivalent commercial real estate accounting experience required.
- Minimum 3-5 years accounting experience in a development and construction accounting environment.
- Specialized computer skills in a range of software including: Yardi, JD Edwards enterprise software and Microsoft Office.
- Effective communication, written and verbal
- Contribute to a positive work environment / culture
This is an amazing opportunity to be a part of a new and growing organization early in its' inception and grow with them. There is a fun, positive culture within the office and those with an entrepreneurial mindset will flourish here.
