Project Accountant - Income Producing Properties

Rohit Group•Edmonton, AB

15d

About The Position

The Project Accountant serves as the operational and financial control point between the Income Producing Properties business and Corporate Accounting. This role is crucial for ensuring that all on-the-ground activities, including projects, assets, costs, and performance, are accurately captured, coded, and reflected in financial statements. The Project Accountant also translates financial data into clear, reliable inputs for the Finance Business Partner to aid in decision-making, forecasting, and strategy. The individual is accountable for the integrity of financial numbers and providing visibility into the story behind them. This position is described as an intersection of transactional accounting and advisory, rather than purely one or the other.

Responsibilities

Ensure all project and asset financials are accurate, complete, and compliant with accounting standards and internal policies
Support month-end and year-end close processes, including: Journal entries, accruals, and reconciliations
Revenue and cost recognition aligned with policy
Maintain integrity of the general ledger for assigned IPP entities and projects
Support audit requirements, working papers, and documentation
Review, code, and post all project-related invoices with high accuracy and proper cost allocation
Ensure alignment between invoices, contracts, budgets, and cost codes
Maintain real-time visibility into: Committed costs (contracts, POs), Incurred costs (invoices, accruals), Remaining budget and forecasted exposure
Resolve discrepancies directly with operations and vendor
Own project-level cost tracking across the full lifecycle (development → stabilization)
Ensure budgets, proformas, and actuals are aligned and continuously updated
Track capital vs. expense treatment and ensure proper capitalization
Support Finance BP in providing information for lender draws and funding reporting with accurate cost data
Produce accurate monthly project and asset reporting
Deliver variance analysis (actual vs. budget vs. forecast) with clear drivers
Provide clean, structured data to the Finance Business Partner to support: Forecasting, Cash flow modeling, Investment decisions
Act as the single source of truth for project financial data
Work closely with IPP teams
Support operational leaders in understanding project financial performance
Reinforce financial discipline without becoming a bottleneck
Partner with the Finance Business Partner, who leads interpretation and strategy
Maintain and improve project accounting systems, data structures, and workflows
Ensure consistency in project setup, cost coding, and data management
Identify gaps in process or controls and implement improvements
Support system adoption and data accuracy across the IPP platform