Podium Developments | Career Opportunities
Senior Project Accountant
Description
WHO WE ARE
Since its founding in 2004, Podium Developments has a successful track record of entitling, developing and constructing new mixed-use residential buildings in urban infill locations, often near major educational institutions. As a vertically integrated development, construction and asset management business, Podium applies and leverages all business lenses together to produce successful projects, from conception, to delivery, and management beyond. Podium is a collaboration of seasoned professionals in planning/design, engineering, finance and project management with shared values and successes; a team of experts investing and working together. With many completed projects in Toronto, Oshawa, Kingston, Barrie, Guelph and Miami, and eight more currently under development and construction in the GTA, Podium continues to bring new developments to fruition.
WHAT WE’RE LOOKING FOR
As a Senior Project Accountant, you’ll support the Project Financial Controller in all financial aspects of specific projects, ensuring accurate budgeting, forecasting, auditing and reporting. You are responsible for tracking project costs, revenue, and profitability, and for preparing financial statements and analysis for project stakeholders.
DUTIES AND RESPONSIBILITIES
- Financial Reporting & Analysis: Develop monthly project status reports and variance analysis. Prepare and file HST returns. Maintain and reconcile partner loan and mortgage loan interest schedules. Manage month-end close activities, including journal entries, bank reconciliations. Ensure monthly schedules and reports are accurate, complete.
- Year-End Financial Preparation: Compile year-end financial working papers that supported by appropriate documentation, investigate and explain variances. Provide timely, accurate response to the external auditor’s inquiries and sampling request and ensure timely resolution.
- Cash Flow Management & Forecasting: Develop and monitor monthly cash flow projections for development projects and operations, incorporating budget assumptions, financing and sales data. Analyze legal agreements to ensure projections align with contractual obligations. Recommend contribution and distribution amounts according to the cash analysis. Prepare and issue IMS contribution, distribution notifications to relevant stakeholders.
- Partner Reporting: Prepare quarterly financial reports for project partners, aligned with partnership agreements while addressing financial projections and project updates. Support ad-hoc financial analysis and reporting for senior management and project partners.
- Loan Draw Review & Compliance: Review monthly loan draw requests for accuracy and compliance with legal and financial models, monitor and ensure timely payments to the vendors.
- Operating Reports Review & Analysis: Review monthly operating financial reports, cash projection and annual CAM reconciliation provided by Property Management, identify and propose adjustments and corrections.
KEY QUALIFICATIONS
- Demonstrated minimum 3 – 5 years experience as a project accountant in Construction or related industry.
- Strong knowledge of job costing, budgeting, financial reporting and auditing.
- Detailed-oriented with strong problem-solving abilities.
- Software proficiency in ERP systems (Procore, QuickBooks)
- Advanced knowledge of MS Excel functions
- Must have completed CPA designation to completion.
- Post-secondary degree in accounting, finance or related field.
WHAT WE OFFER
- Competitive base salary
- Group Health & Dental Benefits
- Group Retirement Savings Plan
- People-focused culture and work environment
- Tuition reimbursement
- Free on-site parking or 5 min walk from Dupont Station
- Office snacks & coffee
- Regular team-building activities
APPLICATION PROCESS
Please apply directly through Podium’s job board.
We thank all applicants for their interest; however, only those under consideration for the role will be contacted. We kindly request that no phone calls be made regarding this position. Thank you for your understanding.
Podium Developments is an equal opportunity employer, we encourage all qualified individuals to apply, including those who self-identify as Indigenous in Canada (First Nations, Métis, Inuit), are from racialized communities, and persons with disabilities. We remain committed to a barrier-free recruitment and selection process and will provide accommodation upon request. If you require accommodation at any stage of the recruitment process, please email your request to hr@podiumdevelopments.com. All information received will be handled in strict confidence.