Accountant, Development Accounting

Tricon Residential•Toronto, ON

3d•Hybrid

About The Position

The Accountant, Development Accounting supports accounting, treasury, payables, and financial close activities across Tricon’s residential development portfolio. The Accountant works closely with internal teams and external partners to help ensure development costs, capital draws, loan activity, management fees, and month-end deliverables are completed accurately and on time.

Requirements

Accounting knowledge, with experience supporting financial reporting, reconciliations, accruals, and month-end close processes.
Understanding of treasury, payables, capital draw, loan monitoring, and audit support activities.
Ability to review, interpret, and summarize financial information for internal and external stakeholders.
Advanced Excel skills, including the ability to work with detailed financial data and reporting schedules.
Effective written and verbal communication skills, with the ability to work across multiple teams and external partners.
University degree in Finance, Accounting, or a related discipline.
2+ years of progressive accounting experience, preferably within real estate, development accounting, construction accounting, property accounting, audit, or a related environment.
CPA designation or active progress toward completion of CPA.
Ability to work independently in a fast-paced, deadline-driven environment.
High attention to detail and commitment to accuracy.

Nice To Haves

Interest in development accounting, real estate, or multifamily residential development.
Self-motivated, organized, and proactive in managing deliverables.
Reliable work ethic and willingness to learn.
Comfortable working with multiple stakeholders and shifting priorities.
Thoughtful, solutions-oriented, and able to take ownership of tasks from start to finish.
Demonstrated interest in AI-enabled tools, automation, and process improvements that enhance accounting efficiency and accuracy.

Responsibilities

Coordinate development and construction treasury and payables processes, including reviewing development invoices and preparing capital draw requests.
Track and analyze development cost spend and provide relevant updates to internal stakeholders.
Monitor loan activity, including construction draws, interest payments, renewals, and quarterly compliance requirements.
Track development management fee revenue and support related accounting entries.
Assist with the review of monthly financial packages prepared by property and development managers.
Support month-end close activities, including preparing journal entries, balance sheet reconciliations, accruals, and related schedules.
Prepare monthly financial packages for external stakeholders.
Assist with the preparation of annual audited financial statements, including note disclosures, and support quarterly review and annual audit processes.
Liaise with development teams, property managers, developers, equity partners, lenders, and other external parties.
Assist with and/or lead special projects and ad hoc initiatives as required.