Senior Project Accountant

Description:

The Downing Street Group, a distinguished Toronto-based real estate firm with a history of excellence since 1986, is seeking a Senior Project Accountant to join their dynamic and growing team. This is a hands-on role offering significant responsibility, visibility across departments, and the opportunity to directly contribute to the financial oversight of major real estate projects from acquisition through disposition.

As a Senior Project Accountant, you’ll manage and own full-cycle project accounting for multiple real estate developments, collaborate closely with cross-functional teams, and play an instrumental role in strategic financial decision-making.

Key Responsibilities:

• Manage day-to-day accounting for real estate projects including acquisitions, developments, and disposals.

• Handle general ledger accounts, A/P & A/R reconciliations, and monthly/year-end closings.

• Set up new projects in NEWSTAR Homebuilder accounting system and manage project closures.

• Prepare financial statements and lender draw requests monthly.

• Monitor and reconcile project budgets, job costs, and project variances.

• Review contracts, change orders, and purchase orders for accuracy and budget alignment.

• Communicate discrepancies and financial performance to project managers.

• Prepare HST and relevant government remittances.

• Compile year-end working papers and liaise with external auditors.

• Maintain up-to-date project financials, forecasts, and variance analysis.

• Contribute to internal reporting processes and compliance standards.

Requirements:

• Minimum of 6 years’ accounting experience in construction or real estate development.

• Degree in Accounting, Finance, or Business; working toward CPA designation is preferred.

• Proficiency in Microsoft Office and mandatory experience with NEWSTAR Homebuilder.

• Solid understanding of accounting principles, project cost analysis, and government filings.

• Highly analytical with strong organizational and problem-solving skills.

• Ability to handle multiple deadlines and communicate effectively across teams.

• Self-starter with initiative, discretion, and attention to detail.

• Strong communication skills and professionalism in both internal and external interactions.

What They Offer:

• Highly competitive performance-based compensation (CAD 85,000–95,000 annually).

• Extensive health and dental benefits.

• A collaborative, professional environment with real impact and visibility.

• Office-based role in Toronto's west end (not remote).