Junior Project Accountant

Build More Than Just Budgets: Help Shape Our City's Future as a Junior Project Accountant

Are you passionate about applying your financial skills to see tangible results and eager to learn and grow in the world of real estate development? ML Emporio Properties is seeking a detail-oriented and driven Junior Project Accountant to play an important support role in the financial success of our exciting projects. If you're ready to contribute to a wide range of project and full-cycle accounting tasks, support a dynamic team, and assist with ensuring financial accuracy from groundbreaking to completion, we want to hear from you

Role Summary:

The Junior Project Accountant reports to the Assistant Controller and is responsible for project and full-cycle accounting. Key duties include financial reporting, budgeting and forecasting, accounts receivables & payables, general ledger management and cost tracking, internal controls, audit compliance and cash flow management.

This position plays a vital role in the daily general accounting functions and works closely with the development, construction and project management teams. This position provides an opportunity to demonstrate strong analytical and critical thinking skills while staying organized. This role will support the daily operations of the accounting department, and assist in establishing and enforcing proper accounting methods, policies and principles.

Key Responsibilities:

• Accounting: Financial tracking, including job costing, construction costs, operating revenues and costs, capital expenditures, and bank account reconciliations; for development projects.
• Financial Reporting: Assist with the preparation of internal reporting, and support the creation of formal monthly, quarterly, and annual financial statements, ensuring compliance with accounting standards and industry specific regulations.
• Budgeting and Forecasting: Work closely with department lead, project managers and senior leadership to prepare project budgets, track actual costs against budgets, and provide financial forecasts.
• Accounts Payables/Receivables: Carry out accounts payable and receivable functions, ensuring accurate and timely recording of transactions, including construction-related expenses and vendor payments.
• General Ledger Management: Perform general ledger reconciliations and ensure that all transactions are accurately posted to the appropriate accounts.
• Cost Tracking: Monitor and report on construction and development costs, including labor, materials, and subcontractor expenses, ensuring they are in accordance with budgets and project timelines.
• Cash Flow Management: Assist in managing cash flow for the company and for active real estate projects, ensuring timely funding and adherence to project schedules; actively support the draw process for projects and ensure compliance with lender requirements.
• Internal Controls: Help develop and maintain internal accounting processes and controls to safeguard the company's assets, ensure financial integrity and facilitate efficient operations.
• Audit & Compliance Support: Assist with preparation for annual audits, tax filings, and any required regulatory filings.
• Collaboration: Work closely with the development, project management, and construction teams to ensure accurate financial reporting and smooth project execution.
• Ad Hoc Reporting & Analysis: Provide financial analysis and reports to support decision-making and operational improvements across the development portfolio.

Qualifications and Requirements

• Education: Diploma or Bachelor's degree in Accounting, Finance, or a related field
• Real Estate Knowledge & Experience: 1-3 years of real-estate accounting experience (residential and/or mixed-use projects) preferred. Experience with development accounting, job costing and construction accounting is preferred.
• Technical Skills: Knowledge in SAGE or similar ERP accounting software is preferred but advanced Excel skills is a must.
• Attention to Detail: Strong analytical skills and attention to detail, with the ability to track and reconcile complex transactions related to development projects.
• Communication Skills: Strong verbal and written communication skills, with the ability to effectively collaborate with project teams and senior leadership.
• Problem-Solving: Ability to identify financial discrepancies and/or opportunities and provide proactive solutions.
• Team Player: Self-motivated and comfortable working in a collaborative, fast-paced environment.
• Certifications: CPA or progress toward certification is a plus but not required.

Job Type: Full-time

Pay: $48,000.00-$60,000.00 per year

Benefits:

• Company events
• Dental care
• Employee assistance program
• Extended health care
• On-site parking
• Paid time off
• Vision care

Application question(s):

• Do you have a valid driving license in BC?

Education:

• Bachelor's Degree (preferred)

Experience:

• Real Estate Development & Construction Accounting: 2 years (preferred)

Work Location: In person