Project Accountant (Real estate development & Construction)

The Project Accountant oversees the comprehensive financial operations of our real estate development projects. This role is responsible for managing the full accounting cycle, from pre-construction deposits to final unit closings, while ensuring project funding and sales commissions are handled with precision.

Responsibilities

Project Revenue & Closing Management

• Oversee purchaser deposits and maintain accurate trust account records.
• Manage financial reconciliations during the project closing phase to ensure accurate fund transfers.

Commission & Incentive Administration

• Calculate and process commission payments for internal sales staff and external brokerages based on contractual milestones.

Project Funding & Cash Flow

• Prepare and organize documentation for monthly construction draws (loan advances) from lenders.
• Monitor project cash flow and track actual expenditures against established budgets.

Financial Reporting & Compliance

• Prepare monthly project financial statements and cost-to-complete reports.
• Perform monthly bank and ledger reconciliations, including HST filings and documentation.

Operational Support

• Review project-related invoices and contracts to ensure financial accuracy.
• Collaborate with development and legal teams to support project milestones and audits.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Experience: 3 - 5 years of accounting experience, specifically within the real estate or construction industry.
• Language: Professional fluency in Mandarin and English is required.
• Technical Skills: Proficient in Microsoft Excel and experience with accounting software (e.g., QuickBooks, Yardi, or similar).
• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Competencies: High attention to detail, strong organizational skills, and the ability to work in a fast-paced environment.

Job Types:

Full-time, Permanent

Benefits

• Casual dress
• Dental care
• Extended health care
• On-site parking
• Vision care

Experience

• QuickBooks: 3 years (preferred)
• Real Estate (project / construction / leasing): 3 years (preferred)
• Accounting, finance, or real estate development: 4 years (preferred)
• Yardi: 3 years (preferred)

Language:

• Mandarin (required)

Licence/Certification:

• Chartered Professional Accountant (preferred)
• Driving Licence (preferred)

We thank all applicants for their interest; however, only those selected for an interview will be contacted. We encourage applications from all qualified individuals and are committed to fostering a diverse and inclusive workplace as an equal opportunity employer.