Senior Accountant

Adi Development Group

$100K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Completed CPA designation is mandatory; no in-progress candidates considered.
  • Minimum five years of progressive accounting experience in real estate development or construction accounting is essential.
  • Preferred background in public accounting with audit or assurance from a Big Four or national firm.
  • Must have experience managing a full-cycle close and be the main contact for external audit engagements.
  • Solid knowledge of ASPE, IFRS, and HST related to new housing is required.
  • Advanced Excel skills are essential, including expertise in Power Query; Power BI knowledge is a plus.
  • Experience with construction or real estate ERP systems like Sage 300 CRE or Yardi is preferred.

Responsibilities

  • Execute month-end and year-end financial close processes for assigned entities.
  • Prepare and post journal entries, reconciliations, and financial statements under ASPE or IFRS.
  • Maintain and reconcile project job cost ledgers, budgets, and financial reporting for construction draws.
  • Manage project closings, including occupancy records and revenue recognition adjustments.
  • Prepare external audit schedules and documentation, liaising with external accountants.
  • Ensure compliance with statutory filings and internal control documentation for financial reporting.
  • Support budgeting and forecasting processes, including variance analysis and reporting.

Benefits

  • Eligible employees can participate in the Employee Home Ownership Program, receiving a purchase discount.
  • Learning and development reimbursement available for professional growth.
  • Generous paid vacation, wellness days, and sick leave.
  • Comprehensive health benefits package for employees and dependents, including dental and vision.
  • Health and wellness spending account for various health-related expenses.
Full Job Description
The role

Reporting to the Controller, the Senior Accountant is accountable for the completeness, accuracy and timeliness of the financial records for an assigned portfolio of corporate and project entities - from first construction draw to project close-out - and for the audits, reviews and filings that depend on them.
Accountabilities

Month-end and year-end close
  • Execute the month-end close for all assigned entities against a published close calendar, with a target of two business days past month end.
  • Prepare and post all journal entries, accruals, allocations and intercompany entries with complete supporting documentation.
  • Complete every balance sheet reconciliation monthly; investigate and clear all reconciling items before the close is signed off.
  • Prepare monthly and annual financial statements under ASPE or IFRS for each assigned entity, complete and accurate, for Controller review.
  • Prepare the year-end working paper file for each entity to audit- or review-ready standard.

Project cost accounting
  • Maintain the job cost ledger for each active project: budgets, commitments, change orders and actual costs coded to the approved cost structure.
  • Prepare monthly budget-to-actual and cost-to-complete reports for each project; reconcile to the general ledger and explain every variance above threshold.
  • Prepare construction draw packages, reconcile each draw to the job cost ledger and the lender budget, and deliver lender and partner reporting on schedule.
  • Account for statutory holdbacks, capitalized costs and capitalized interest in accordance with the applicable standard and each project's financing agreements.

Project closings and revenue
  • Reconcile purchaser deposits and deposit trust accounts monthly.
  • Account for occupancy and final closings - revenue recognition, cost of sales, deposit application and closing adjustments - and reconcile to the statements of adjustments.
  • Prepare HST returns, new housing rebate claims and self-supply calculations; reconcile HST balances by entity each period.

Audit, review and compliance
  • Prepare all schedules, confirmations and working papers for external audits and review engagements; act as the primary point of contact for the external accountants on assigned entities; resolve findings at root cause so they do not recur.
  • Maintain the compliance calendar for every assigned entity and assist the Controller in ensuring that external accounting reviews, corporate tax returns, HST returns, information returns and all statutory filings are prepared, reviewed and filed on or before their due dates.
  • Maintain the documentation supporting internal controls over financial reporting for assigned entities.

Budgeting and forecasting
  • Support annual budgets and rolling forecasts for corporate and project entities through data gathering, review, variance analysis and written commentary.

Systems and continuous improvement
  • Support the finance team's ERP implementation: chart of accounts design, data migration validation, workflow and control design, and user acceptance testing.
  • Apply AI-assisted tools and Power Query to eliminate manual steps in reconciliations, reporting and the close, and document the resulting procedure.
  • Identify, propose and implement continuous improvements to accounting processes and controls, and measure the result.


What you bring

  • CPA designation, completed. We are not considering in-progress candidates for this role.
  • Five or more years of progressive accounting experience, including hands-on real estate development or construction accounting - job cost, draws, holdbacks, closings. This is required, not preferred.
  • Public accounting training preferred - audit or assurance at a Big Four or national firm. The strongest path into this role is public accounting followed by industry experience inside a developer or builder.
  • Ownership of a full-cycle close, end to end, and experience as the point of contact for an external audit or review engagement.
  • Working knowledge of ASPE and IFRS, and a solid grounding in HST as it applies to new housing.
  • Advanced Excel including Power Query; you can rebuild a broken query, not just run one. Power BI is a plus.
  • Experience with Sage 300 CRE, Sage Intacct, Yardi, TimberScan or a comparable construction or real estate ERP preferred. Experience with an ERP implementation is a plus.
  • You raise issues early, you disagree with reasoning and commit once the decision is made, and you go to the source to resolve a question rather than wait for it to be resolved for you.


Why you'll want this role

This is not a back-office seat. The numbers you close are the buildings people live in. You'll work directly with the Controller and senior leadership on the projects that are reshaping the GTHA - landmark communities delivered across the region and the 4,000+ units that come next - and you'll learn the business the way it's actually run, from the people who run it.

The learning here is hands-on and direct. You'll sit in the rooms where decisions are made, work alongside talented people who hold a high bar, and see your work in the skyline. You'll be part of building landmark communities, shaping the cities we live in, and delivering on our mission.

    • Employee Home Ownership Program. Eligible team members can live in the communities we build, at a discount off the purchase price.
    • Learning and development reimbursement.
    • Substantial paid vacation, wellness and sick days.
    • Comprehensive benefits for you and your dependents - dental, prescriptions, vision, paramedical practitioners, life insurance and more.
    • Health, lifestyle and wellness spending account for fitness, gym memberships, family and pet needs, and additional health benefits.


How to apply

Submit your resume and a half-page note describing one project you accounted for from first draw to close-out: what went wrong, what you fixed, and what you would build differently. The note will tell us more than the resume.

$100,000 - $120,000 a year

The salary offered will reflect the successful candidate's experience, qualifications and professional designations.

Similar Jobs

More Jobs at Adi Development Group

  • Senior Accountant
    $100K — $120K *
    Burlington, ON L7L 0A4
    Real Estate & Construction
    Hybrid
  • Investment Associate
    $95K — $120K *
    Burlington, ON L7L 0A4
    Real Estate & Construction
    In-Person
  • Analyst, Investments
    $85K — $110K *
    Burlington, ON L7L 0A4
    Finance & Insurance
    Hybrid

More Real Estate & Construction Jobs

Find similar Senior Accountant jobs: