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TITLE Corporate Accountant, Real Estate Development
SALARY RANGE $80,000 - $90,000
THE PERKS
Standard Health Benefits
RRSP
CPA Dues Support
CPA Program Support
LOCATION Richmond Hill, ON
THE OFFICE Permanently In-Office
TEAM SIZE Under 5 people
THE ROLE An individual contributor providing full-cycle corporate accounting support across multiple entities within a private real estate development group, with exposure to property accounting and intercompany transactions.
Corporate Accounting & Financial Operations (60%)
Property Accounting (30%)
Other Duties (10%)
THE TASKS Corporate Accounting & Financial Operations (60%)
Complete full-cycle accounting functions including recording all pertinent transactions and intercompany reconciliations for management, property, and corporate entities
Perform GL reconciliations on a monthly basis, clearing legacy balances and reclassifying intercompany loans to equity where appropriate
Ensure vendor payments are approved and paid in accordance with AP processes, including corporate credit card reconciliation
Complete reconciliations for all bank accounts
Provide monthly cash projections for the management company
Complete HST returns and assist with CRA audits as required
Complete year-end working paper files including interaction with external accounting firm
Create monthly management fee invoices and initiate collection from project entities
Determine cost recoveries from projects and invoice monthly
Ensure corporate and union payroll amounts are accurately recorded and reconciled via ADP
Record all intercompany transactions including monthly equity contributions and distributions on both sides of the books
Reconcile all equity accounts with project ledgers and assist with intercompany settlements
Property Accounting (30%)
Maintain rent roll for various properties and ensure rents are collected, deposited, and recorded on time
Set up new leases and tenants in the ERP system
Prepare annual operating and tax recovery adjustments (TMIs)
Prepare chargebacks for tenants where applicable
Support year-end property accounting deliverables
Other Duties (10%)
Ensure proper filing of documents in accordance with policy
Collaborate cross-functionally with various departments to support business decisions
Prepare management reports in Excel for senior leadership review
THE COMPANY A well-established, family-run real estate development firm with over five decades of experience building communities across the Greater Toronto Area. The organization operates with a flat, collaborative structure where every department has an open-door policy and individual ownership of work is highly valued.
THE OPPORTUNITY This is an opportunity to take full ownership of a diverse corporate accounting function spanning management companies, investment entities, and property portfolios within a stable, privately held organization. Ideal for an accountant looking to move away from rigid corporate structures into an environment that rewards autonomy, cross-functional collaboration, and a roll-up-your-sleeves mentality.
THE EXPECTATIONS TIMELINE PREVIEW By Month 1
Begin processing day-to-day transactions for all corporate, management, and property entities following existing workflows
Observe and participate in at least one full monthly close cycle alongside the controller
Understand how the management company acts as the financial hub for all other entities and how transactions flow between them
Build working relationships with the controller, CFO, and project accounting team
By Month 3
Handle all regular duties independently — full-cycle accounting, AP, AR, intercompany entries, and property transactions — with minimal oversight
Manage the monthly close and HST filing cycle end-to-end and on schedule
Ensure intercompany transactions are recorded accurately and settled monthly so nothing falls behind
Demonstrate a working knowledge of how equity contributions, distributions, and loan reclassifications are booked on both sides
By Month 6
Take ownership of clearing and reclassifying legacy intercompany balances that have accumulated over time
Own the full property accounting cycle independently, including TMI adjustments and tenant chargebacks
Begin identifying process improvements and presenting recommendations to the controller and CFO
By Month 12
Deliver consistently accurate reporting that senior leadership can rely on without needing to verify or second-guess
Have implemented at least one meaningful process improvement that measurably increases efficiency or accuracy
Demonstrate a holistic understanding of financial interactions across the entire organization, not just your own ledgers
Be recognized for bringing new ideas and a higher standard of accuracy and initiative to the function
THE SKILL SET
Minimum 3 years of relevant experience in a multi-entity corporate accounting environment
Strong understanding of intercompany transactions, equity accounting, and GL reconciliation
Property management or commercial real estate accounting experience preferred
ONLY QUALIFIED CANDIDATES WILL BE CONTACTED.
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