Construction Accountant
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Experience
- 5+ years of progressive accounting experience, preferably within a project-based environment
- Posting language
- English
- Posted
Original job description
An established real estate organization is seeking a Construction Accountant to join its finance team. This is an opportunity for an experienced accounting professional to work closely with project and operational leaders, providing financial insight throughout the project lifecycle and helping ensure projects remain financially healthy and well controlled.
About The Role
This position plays a key role in managing the financial side of assigned projects, from budgeting and billing through forecasting and final closeout. Working closely with project managers and senior leadership, the Construction Accountant will provide accurate reporting, identify financial risks and opportunities, and help drive informed decisions throughout each project.
What You’ll Do
This is an opportunity to take ownership of the financial performance of meaningful projects while working alongside experienced operational and leadership teams. The role provides broad exposure across accounting, commercial management, forecasting, risk, and project operations, making it a strong fit for someone looking to deepen their expertise and expand their impact beyond traditional accounting responsibilities.
About The Role
This position plays a key role in managing the financial side of assigned projects, from budgeting and billing through forecasting and final closeout. Working closely with project managers and senior leadership, the Construction Accountant will provide accurate reporting, identify financial risks and opportunities, and help drive informed decisions throughout each project.
What You’ll Do
- Manage project accounting activities, including billing, reconciliations, accruals, revenue recognition, and month-end close
- Maintain project budgets, purchase orders, contracts, change orders, and related financial documentation
- Review invoices, expenses, and supporting documentation to ensure accuracy and alignment with project requirements
- Work with vendors and subcontractors regarding billing, payments, documentation, and compliance requirements
- Partner with project managers to monitor costs, forecasts, commitments, and expected project outcomes
- Investigate variances between actual and budgeted costs and recommend appropriate corrective action
- Prepare monthly project billings and coordinate the distribution of required payment documentation
- Manage accounts receivable activities and support timely collection of outstanding balances
- Prepare project financial reports, profitability analysis, cash flow information, and ad-hoc reporting for leadership
- Participate in regular project reviews and challenge assumptions around costs, revenue, profitability, and forecasts
- Identify financial risks and opportunities and work with project teams to develop mitigation strategies
- Ensure project records and financial documentation remain complete, accurate, and organized through project closeout
- Support contract administration and help ensure financial activities comply with relevant agreements and organizational policies
- Assist with year-end audits, quarterly reporting, working papers, and other financial requirements
- Collaborate with legal, compliance, and operational teams when contractual or financial issues arise
- Contribute to process improvements that increase financial accuracy, efficiency, and visibility
- Degree or diploma in accounting, finance, or a related discipline
- CPA designation or progress toward the designation is an asset
- 5+ years of progressive accounting experience, preferably within a project-based environment
- Experience in construction, engineering, consulting, infrastructure, or a similar industry is preferred
- Strong understanding of project accounting, budgeting, forecasting, and financial reporting
- Ability to analyze financial information and translate findings into practical recommendations
- Strong working knowledge of Microsoft Excel and other standard business applications
- Exceptional attention to detail and a highly organized approach to financial administration
- Strong written, verbal, and presentation skills
- Ability to build effective working relationships with project managers, operational teams, vendors, and senior leadership
- Comfortable working closely with on-site or field-based operations teams and travelling to assigned projects when required
This is an opportunity to take ownership of the financial performance of meaningful projects while working alongside experienced operational and leadership teams. The role provides broad exposure across accounting, commercial management, forecasting, risk, and project operations, making it a strong fit for someone looking to deepen their expertise and expand their impact beyond traditional accounting responsibilities.
More about this job
Responsibilities
Manage project accounting from budgeting and billing through forecasting and closeout, including financial records, invoices, contracts, and accounts receivable. Analyze project performance, report risks and variances, support project leaders’ decisions, and help ensure compliance and improve financial processes.
Requirements
A degree or diploma in accounting, finance, or a related discipline is required, with a CPA designation or progress toward it considered an asset. Candidates should have at least five years of progressive accounting experience, preferably in a project-based or related industry, along with strong project accounting, analytical, Excel, communication, and organizational skills.
Skills
- Project Accounting
- Budgeting
- Forecasting
- Financial Reporting
- Billing
- Reconciliations
- Accruals
- Revenue Recognition
- Month-End Close
- Cost Analysis
- Variance Analysis
- Accounts Receivable
- Cash Flow Analysis
- Contract Administration
- Microsoft Excel
- Audit Support
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Construction
Keywords
- Construction Accounting
- Project Accounting
- Project Budgets
- Purchase Orders
- Contracts
- Change Orders
- Project Billing
- Reconciliations
- Accruals
- Revenue Recognition
- Month-End Close
- Cost Forecasting
- Cost Commitments
- Variance Analysis
- Accounts Receivable
- Collections
- Profitability Analysis
- Cash Flow
- Financial Reporting
- Contract Administration
- Compliance
- Year-End Audits
- Quarterly Reporting
- Working Papers
- Microsoft Excel
- CPA