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Project Accountant

  • Toronto, ON, Canada
  • North York, ON, Canada

Full-time

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Job details

Job type
Full-time
Apply by
Experience
5+ years of progressive accounting experience, with significant experience in construction, real estate development, or a project-based environment.
Posting language
English
Posted

Original job description

The Opportunity

We are seeking an experienced Construction Project Accountant to support the financial management and reporting of complex high-rise and master-planned construction projects. This is a key role for an accounting professional with strong construction industry experience and a proven ability to manage project financials, maintain accurate cost controls, and partner closely with Project Managers and senior leadership throughout the project life cycle.

Key Responsibilities

  • Manage project accounting throughout the full construction life cycle, including project setup, budgeting, commitments, cost tracking, invoicing, forecasting, monthly reporting, and project closeout.
  • Partner closely with Project Managers and construction teams to monitor project financial performance, track commitments and expenditures, identify variances, and provide timely financial insight to support informed decision-making.
  • Maintain accurate project cost controls and financial records, including purchase orders, subcontractor commitments, change orders, progress billings, holdbacks/retainage, accounts payable, accounts receivable, and project accruals.
  • Lead monthly project financial reporting and forecasting, preparing cost-to-complete projections, variance analysis, cash flow reporting, and other financial reports while ensuring alignment between project budgets, schedules, commitments, and actual costs.
  • Support financial governance and project controls, ensuring compliance with company policies, accounting standards, contractual requirements, and internal approval processes while proactively identifying financial risks and opportunities.

What You Bring

  • 5+ years of progressive accounting experience, with significant experience in construction, real estate development, or a project-based environment.
  • Strong understanding of construction project accounting, including job costing, commitments, subcontractor billings, change orders, holdbacks/retainage, accruals, and cost-to-complete forecasting.
  • Proven experience supporting multiple concurrent construction projects, ideally including high-rise residential, mixed-use, or large-scale master-planned developments.
  • Strong ability to work closely with Project Managers, Superintendents, Development Managers, Consultants, Contractors, and senior leadership to ensure accurate and timely project financial reporting.
  • Demonstrated experience with budget management, variance analysis, forecasting, cash flow, financial reporting, and project cost controls.
  • Strong understanding of construction contracts and the financial implications of change orders, commitments, progress billings, claims, and project closeout.
  • Advanced proficiency with Microsoft Excel and experience working with construction accounting or ERP/project management systems.
  • Exceptional attention to detail, organization, and accuracy, with the ability to identify discrepancies and proactively resolve financial issues.
  • Strong communication and interpersonal skills, with the ability to translate financial information into clear, actionable insights for non-financial project stakeholders.
  • A proactive, analytical, and collaborative approach, with a strong commitment to financial integrity, accountability, and supporting successful project delivery.

How to apply

Please email your resume and a brief cover note to careers@almadevcm.ca with the subject line "Project Accountant."

More about this job

Responsibilities

Manage project accounting across the construction life cycle, including budgets, commitments, cost tracking, invoicing, forecasting, reporting, and closeout. Partner with project teams to monitor financial performance, maintain accurate cost controls, analyze variances, and support compliance and informed decision-making.

Requirements

Requires 5+ years of progressive accounting experience, including significant experience in construction, real estate development, or another project-based environment, and strong knowledge of construction project accounting and contracts. Candidates should have experience supporting multiple projects, advanced Excel proficiency, strong analytical and communication skills, and the ability to deliver accurate forecasts and financial reports.

Skills

  • Construction Project Accounting
  • Job Costing
  • Budget Management
  • Cost Controls
  • Commitment Tracking
  • Subcontractor Billings
  • Change Order Accounting
  • Holdbacks and Retainage
  • Cost-to-Complete Forecasting
  • Variance Analysis
  • Cash Flow Reporting
  • Financial Reporting
  • Accounts Payable and Receivable
  • Microsoft Excel
  • Construction Contracts
  • Project Closeout

Visa sponsorship

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Categories

  • Finance & Accounting
  • Construction
  • Sales

Keywords

  • Construction Project Accounting
  • High-Rise Construction
  • Master-Planned Developments
  • Real Estate Development
  • Project Setup
  • Project Budgeting
  • Job Costing
  • Purchase Orders
  • Subcontractor Commitments
  • Change Orders
  • Progress Billings
  • Holdbacks
  • Retainage
  • Accounts Payable
  • Accounts Receivable
  • Project Accruals
  • Cost-to-Complete Forecasting
  • Variance Analysis
  • Cash Flow Reporting
  • Project Cost Controls
  • Construction Contracts
  • Claims
  • Project Closeout
  • Microsoft Excel
  • ERP Systems
  • Project Management Systems

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