Project Accountant

About Matrix360

Matrix360 has been at the forefront of building and transforming the commercial real estate and development (CRED) landscape for diverse and inclusive teams for over two decades. We continue to partner with our clients to deliver solutions as Canada’s talent management and workplace strategy leader.

We are committed to contributing to the transformation of our industry, evolving workplaces to be a greater pathway to access to opportunities, and creating possibilities for all people.

Our underlying value system is centered around educating and promoting Diversity, Equity, and Accessibility in the workplace. A human-centred approach and connectivity are at the core of everything we do, including:

• Sourcing and placing talent
• Advising and guiding leaders on implementing more equitable workplace policies and frameworks
• Creating impact in workplace cultures of excellence

We are the ‘go to’ for building the future of the CRED industry - including recruiting talent, educating and delivering tools for professional development, and guiding organizations on how to build better through equitable and inclusive workplace strategies.

Our search and talent management and workplace consulting tenure has guided organizations to increase diverse representation and build and enhance workplace policies and processes to expose, attract, advance, and retain talent and create inclusive workplace cultures that engage all employees.

We are the platform invested in championing Diversity and Equity in the CRED industry.

We actively create better pathways for career development and advancement for candidates. We proudly participate and invest in various CRED associations and educational institutions throughout Canada and the USA.

Over the last 36 months, we have invested and financially contributed over $250,000 to various charities, associations and diverse community groups in Canada and the USA.

We are committed to providing access, equal opportunity and accommodation for all individuals in employment, services, programs, and activities.

If you require accommodation or this information in an alternative format at any stage of the search process, contact David Bendea, [email protected] or 416 703 3400 extension 2300.

Our Client

Our client is a long-standing, award-winning Toronto developer with a multi-thousand-home pipeline across the GTA, spanning condominium and purpose-built rental communities. As a full-cycle developer with its own in-house construction company, our client manages every stage of a project, from land and approvals through construction and delivery. They are known for a community-minded approach to city-building, with a strong track record of affordable housing, complex urban infill sites, and thoughtful redevelopments that turn challenging properties into vibrant, livable neighborhoods. Our client is entering an exciting new phase of growth, with several new rental projects breaking ground over the next two years.

Project Accountant

On behalf of our client, we are seeking a Project Accountant to support the Finance function, working directly with the Controller and the Director of Finance. This is a full-cycle role: the successful candidate will own project accounting from invoicing and receivables through the cost consultant and lender draw process, and act as the finance contact for Project Managers. The role has no direct reports, and the person joins an experienced Project Accountant on the team while taking on their new project launches.

The successful candidate will be an independent, detail-driven accountant with at least 3 years of experience, ideally with a real estate developer, construction company, or an integrated developer and construction management firm. They will have enough experience to own the work without close direction, and the appetite to build real depth across a full project cycle or two.

The compensation package ranges from $75,000 to $100,000 based on experience, with a 10% discretionary bonus, three weeks of vacation plus a Christmas closure, summer Friday half-days, and a standard benefits plan. The role follows a hybrid office schedule. Our client is an advocate for equity and diversity and recognizes the importance of leadership engagement within its framework.

Responsibilities

Month-End Accounting & Reporting

• Code and process vendor invoices and intercompany entries ahead of each month-end cut-off
• Reconcile Procore project cost data to the NetSuite ledger every month
• Complete monthly bank reconciliations and credit card bookkeeping
• Prepare and file the monthly HST/GST return
• Record accruals and project transactions so each month closes complete and accurate
• Produce monthly accounting reports with commentary for the Controller

Budgets & Cost Control

• Update and track project budgets with the Director of Finance each month
• Prepare monthly budget versus actual variance analysis and reforecasts
• Set up accounting files and budgets for new projects as they launch

Draws & Funding

• Assemble month-end draw packages for the cost consultant and lenders, with invoice backup
• Coordinate with the cost consultant and lenders so draws go out on time
• Support compliance reporting to lenders, partners, and government bodies

Treasury, Vendors & Project Teams

• Support treasury activity on projects, including bank payments and cash flow analysis
• Manage AP and AR for assigned projects, including vendor inquiries and rush payments
• Act as the finance liaison to project managers, including periodic site visits
• Support the annual external audit and deliver ad hoc reporting and analysis as requested

Qualifications

• Over 3 years of accounting experience, ideally with a real estate developer, construction company, or an integrated developer and construction management firm
• Post-secondary education in accounting or finance
• Working knowledge of AP/AR, monthly close, bank reconciliations, and HST/GST filing
• Residential project experience is a strong asset
• Experience with NetSuite or a similar ERP; Procore is an asset and training is provided
• Advanced Excel and Microsoft Office skills
• Ability to prepare variance analysis and explain it clearly to senior finance leaders
• Proven ability to own work independently, with sound judgment on when to escalate
• Strong organization and attention to detail, with the ability to manage multiple deadlines
• Clear communicator with vendors, project managers, consultants, and lenders
• Collaborative, professional, and positive in a fast-paced, growing environment
• Comfortable visiting active construction sites

By providing us with a copy of your resume and any subsequent personal information directly, you understand that it has been furnished with your consent for the purpose of possible disclosure to our client, who has agreed to comply with our Privacy Policy and Confidentiality Policy. We will only disclose your personal information to clients with your prior knowledge and consent.

Matrix360 believes in and continuously operates from the highest search and talent management ethics level. We continue to respect the privacy and confidentiality of the personal information provided to us. We are committed to guarding your information securely and managing it per our legal responsibilities wherever we operate, including the Personal Information Protection and Electronic Documents Act ("PIPEDA") in Canada.

For more information on our Privacy and Confidentiality Policies please contact: David Bendea, Director Partnerships & Engagement: [email protected] or 416.703.3400 extension 2300.

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