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Almadev

Project Accountant

Toronto, ON, Canada
North York, ON, Canada

Job type: Full-time
Apply by: Oct 28, 2026
Experience: 5+ years of progressive accounting experience, with significant experience in construction, real estate development, or a project-based environment.
Posting language: English
Posted: Sep 28, 2026

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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."

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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

Not detected in the job text

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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