Permanent

Job title:

Senior Development Accountant

Salary:

$90,000-$95,000 base salary + 10% bonus + benefits

Role status:

Downtown Toronto, ON - 4 days in office

Our client:

We are hiring on behalf of our client, a well-established pension-backed residential real estate developer and asset manager that has been operating successfully for decades. The organization manages a large residential portfolio and maintains an active development pipeline across the GTA. With strong institutional backing, the firm has remained active even in the current slower market environment, strategically acquiring new projects and taking over developments. The company is known for being stable, collaborative, and providing strong exposure to senior leadership.

Intro paragraph:

Our client is seeking a Senior Development Accountant to support accounting and financial management across several active residential development projects. This role works closely with the finance and development teams and supports projects through the full lifecycle-from land acquisition through construction and stabilization. Projects typically range from $150M to $300M.

Principal tasks and responsibilities include:

• Manage accounting for multiple development projects
• Prepare and submit construction loan draws
• Track development costs and capitalized interest
• Monitor development budgets vs actuals
• Prepare monthly and quarterly financial statements
• Support JV and investor reporting
• Review work from outsourced property accountants
• Assist with forecasting and project analysis
• Support cash flow tracking and project reporting

Qualifications and pre-requisites:

• 2+ years development accounting experience
• Strong understanding of development project accounting
• Experience with construction loan draws and budgets
• Exposure to financial statements and JV reporting
• Yardi preferred, JD Edwards a plus
• Strong attention to detail and analytical skills
• Ability to work independently in a fast-paced environment
• Must work in office four days per week

Additional information or perks:

• Join a stable, pension-backed developer with decades of history
• Exposure to $150M-$300M residential developments
• Work closely with senior development and finance teams
• Platform that continues to acquire projects in a slower market
• Strong opportunity for career growth in development accounting

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