Senior Project Accountant

1 week ago

Toronto, Ontario, Canada Newlands Group Full time $80,000 - $120,000 per year


Job Title: Senior Project Accountant

Location: Toronto, Ontario

Industry: Construction

About the Company

Our client is a leading construction company recognized for delivering high-quality projects across Ontario. With a commitment to excellence, collaboration, and innovation, they are seeking a skilled Senior Project Accountant to play a key role in managing the financial performance of large-scale construction projects.

Position Overview

The Senior Project Accountant will oversee project-level financials, ensuring accurate cost tracking, forecasting, and reporting. This role will act as the primary financial partner to project managers, providing insights to support decision-making, profitability, and operational efficiency. The ideal candidate will have extensive experience in construction accounting and strong knowledge of Jonas Construction Software.

Key Responsibilities

  • Manage the financial aspects of multiple construction projects, including cost tracking, forecasting, and budget-to-actual analysis

  • Partner with project managers to monitor project profitability, timelines, and risk management

  • Prepare and review monthly project financial reports, work-in-progress (WIP) schedules, and variance analyses

  • Ensure compliance with contractual terms, change orders, and billing requirements

  • Process progress billings, lien waivers, and subcontractor payments in alignment with project agreements

  • Review, analyze, and reconcile job cost reports, ensuring accuracy and completeness

  • Assist in month-end and year-end close processes, including accruals and reconciliations

  • Mentor junior accounting staff and provide guidance on project accounting best practices

  • Support process improvements and contribute to system optimization initiatives

Qualifications

  • 5+ years of progressive accounting experience within the construction industry

  • Strong proficiency with Jonas Construction Software (required)

  • Solid understanding of project-based accounting, job costing, and revenue recognition

  • Proficiency in Microsoft Excel and other MS Office applications

  • Excellent analytical skills with a keen eye for detail

  • Strong interpersonal and communication skills, with the ability to work cross-functionally with operations and finance teams

  • CPA designation (or in progress) considered an asset


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