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Senior Development Accountant

1 month ago


Toronto, Ontario, Canada TalentSphere Staffing Solutions Full time

Our client, a rapidly growing organization, is seeking a highly skilled Senior Development Accountant to join their team. As a key member of the finance department, you will be responsible for maintaining and managing a portfolio of commercial and residential properties under development across different entities within a Domestic portfolio.

The ideal candidate will have a strong background in accounting, with a focus on development and construction accounting. You will be proficient in understanding the technical and non-technical aspects of development and project accounting, and will have experience with software such as Yardi and JD Edwards enterprise software.

Key responsibilities of the Senior Development Accountant will include:

  • Handling all aspects of accounting for development projects with minimal supervision
  • Setting up and maintaining projects in the accounting system's job cost, including original and revised budgets, costs incurred, costs to complete, committed costs, and projected final costs
  • Preparing loan draws and capital calls as required
  • Preparing monthly financial reports, providing timely and accurate analysis of financial results and operating metrics
  • Coordinating with development and finance to track and report projected cash needs for all projects, including those in the pre-construction phase
  • Tracking holdbacks and holdback releases in accordance with provincial lien holdback legislation
  • Monitoring committed costs and projected final costs relative to changes in contracts and commitments
  • Working with property accounting team to transition properties under development to income producing

The successful candidate will have a professional accounting designation or equivalent commercial real estate accounting experience, with a minimum of 3-5 years accounting experience in a development and construction accounting environment. They will also have effective communication, written and verbal skills, and be able to contribute to a positive work environment and culture.

This is an exciting opportunity to be part of a new and growing organization, with a fun and positive culture. If you are a motivated and experienced accounting professional looking for a new challenge, please apply today.