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    Project Accountant- Real Estate - Burnaby, Canada - 77 Consultants

    77 Consultants
    77 Consultants Burnaby, Canada

    6 days ago

    Default job background
    Full time
    Description

    The Project Accountant will work under the guidance of the Construction Controller within the accounting team. The Role you will be responsible for multiple large multi-family construction/development projects, including the following tasks:


    • Prepare monthly progress draw


    • Prepare bank reconciliations


    • Code and enter invoices, ensuring accuracy along with collection of approvals and matching supporting documents


    • Prepare payments; coordinate approval signatures


    • Reconciliation of GL/WIP and GL/AP sub-ledger accounts


    • Reconcile AP balance with suppliers; follow up on discrepancies


    • Filing monthly GST returns


    • Monitor and ensure accuracy of costs coded to assigned projects


    • Monitor project costs and report unexplained variances


    • Liaise with project managers, sub-trades, suppliers, management and other project staff


    • Monitoring holdbacks, including reconciliation of release
    • Maintain project related records
    • Maintain integrity of GL for construction and development projects


    • Follow all aspects of month-end close activities


    • Inter-company reconciliation


    • Research and respond to accounting and financial inquiries on projects


    • Other functions or activities as may be assigned from time to time

    Ideally you bring 3 to 5 years of real estate (high-rise) construction or development accounting experience in Canada, along with formal accounting training from a recognized institute. You are a positive, self-motivated professional with excellent communication and relationship-building skills.

    Your experience and qualifications include:


    • 3 to 5 years of experience as a Project Accountant in construction in Canada; experience in high rise construction is mandatory


    • Construction loan draw


    • Costing & budget/cost variance analysis


    • Total A/P responsibility


    • Preparation of GST returns; familiarity with GST rules/requirements


    • Familiarity with subcontractor contracts, progress draws, change orders, holdbacks, contract reconciliation


    • Experience taking a high-rise project from land acquisition to completion is considered an asset


    • Ability to adapt to changing priorities and manage multiple projects simultaneously


    • Supervisory experience an asset


    • Strong working knowledge of MS Office applications and Sage 300 CRE or similar accounting software

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