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Senior Project Accountant

Lannick Group of Companies

This is a Contract position in Markham, ON posted June 4, 2021.

About the Company

Our client is a leading company in the residential home construction and development industry. They are currently looking for a Senior Project Accountant to take responsibility for performing the day-to-day accounting tasks, liaising with the development and construction teams, and providing in-depth analysis on project costs and budget forecasting.

Why Work Here

  • Comprehensive salary and benefits package
  • Fast-paced, collaborative environment and workplace
  • The company is very supportive of professional development

About the Opportunity

  • Assist with preparation of project information packages to attain financing from chartered banks or private equity
  • Assist with business development activities, i.e. Preparing investor packages and project pro-formas
  • Liaison with development and construction team to prepare schedules to support financial pro-formas for internal approval
  • Prepare cash flow forecasts for the projects and cash requirements for partner funding
  • Using prescribed tools, prepare cost to date and cost to complete reports
  • Analyze project costs versus budgets and document variance for discussions with Project Accounting Manager and respective Project Managers
  • Prepare bank reconciliations, prepare and record journal entries to record loan, interest and bank charges
  • Manage cash receipts and disbursements
  • Prepare statement of adjustments for closings and record closing journal entries
  • Prepare and file (after approval by Project Controller) HST returns and assist Project Controller to respond to inquiries from CRA regarding HST reviews, audits and any other related matters
  • Follow up on outstanding ITC refunds
  • Prepare HST monthly tracking report for the CFO
  • Organize and review cheque runs for accuracy and timeliness, validate contents and identify cash requirements
  • Review and reconcile purchaser deposits; Enter cash receipts
  • Review and reconcile broker commission payable to 3rd party and internal sales agents
  • Prepare applications for new projects for Tarion, Builder’s Risk and GCNA insurance set up
  • Review and reconcile merchant account transactions and record upgrade deposits
  • Review and book accruals based on discussions with AP coordinators and project managers
  • Prepare required schedules and submissions for approval by Project Controller for bank and equity funding
  • Lead transition of financial data from legacy accounting program while providing insight and recommendations on workflow and accounting functions

About You

  • CPA or CPA in progress (late stages)
  • Project Accounting experience (3-5 years)
  • Residential real estate industry experience
  • Newstar experience is nice to have

Salary Range

$80,000 – $90,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #29804.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.