Junior Project Accountant

About the Opportunity

Our client is an established real estate development company seeking a motivated and detail-oriented Junior Project Accountant to join their accounting team. This is an excellent opportunity for an individual looking to develop their career in project accounting within the real estate development industry.

The successful candidate will support the accounting and financial reporting for multiple development projects, working closely with senior accounting staff, project managers, and development teams.

Key Responsibilities

• Assist with day-to-day project accounting activities for multiple real estate development projects.
• Process and review invoices, ensuring accurate coding and allocation of costs to the appropriate projects.
• Assist with tracking project expenses, budgets, and construction costs.
• Prepare journal entries, accruals, and account reconciliations.
• Maintain and update project cost reports, financial schedules, and supporting documentation.
• Assist with monthly project financial reporting and month-end closing procedures.
• Support the preparation of work-in-progress (WIP) schedules and development cost reports.
• Track consultant fees, contractor invoices, purchase orders, and other project-related expenditures.
• Assist with construction draws, lender reporting, and project financing documentation.
• Reconcile project-related accounts, including accounts payable, bank accounts, and intercompany transactions.
• Support project cash flow tracking and budget variance analysis.
• Work closely with project managers and development teams to ensure accurate tracking of project costs.
• Assist with HST reporting and other project-related tax requirements.
• Maintain organized accounting records and documentation for audits and financial reporting.
• Support the Senior Project Accountant and Controller with ad hoc reporting and special projects.
• Identify discrepancies in project costs and assist with resolving accounting issues.

Qualifications

• Diploma or bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 1–3 years of accounting experience, preferably within real estate development, construction, or property management.
• Previous exposure to project accounting, job costing, or construction accounting is considered an asset.
• Basic understanding of general ledger accounting, accounts payable, reconciliations, and month-end procedures.
• Familiarity with project budgets, cost tracking, and financial reporting is an asset.
• Proficiency in Microsoft Excel, including basic formulas, lookups, and pivot tables.
• Experience with Yardi, Jonas, Sage 300 CRE, or similar accounting software is an asset.
• Strong attention to detail and organizational skills.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Strong communication skills and willingness to learn.
• Ability to work independently while collaborating with senior accounting staff and project teams.

What We're Looking For

We are looking for a detail-oriented Junior Project Accountant who is eager to build a long-term career in real estate development accounting.

The ideal candidate will have a solid foundation in accounting principles, some exposure to construction or real estate accounting, and an interest in learning the financial aspects of development projects.

The successful candidate will receive guidance from experienced accounting professionals while gaining hands-on exposure to project costing, development budgets, construction draws, and financial reporting. Previous real estate development or construction experience is preferred but not mandatory for candidates with strong accounting fundamentals and a willingness to learn.