Senior Development Accountant
Real Estate Development
Toronto (downtown)
$80,000 - $100,000
Our client is growing quickly and looking to add a new Senior Development Accountant to their team! If you have accounting experience within the real estate, construction or property management industry, read on!!
Senior Development Accountant, About the role :
The Development Accountant will maintain and manage a portfolio of both commercial and residential properties under development across different entities within a Domestic portfolio.
You will be fully proficient in understanding the technical and nontechnical aspects of Development (Construction) and Project Accounting.
Senior Development Accountant Responsibilities :
- 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.
Senior Development Accountant, About the candidate :
- 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
Why Apply
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!
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