Project Accountant

Forum Asset Management•Toronto, ON

24d•CA$65,000 - CA$75,000•Onsite

About The Position

Forum Asset Management is seeking a Project Accountant to support the accounting and financial operations of real estate development projects, reporting to the Controller – Development Accounting. Based in our Toronto office, this role will be a key member of the Development Accounting team and will contribute to supporting development execution and financial accuracy across our project portfolio. This posting is for an existing vacancy at Forum.

Requirements

Diploma or Bachelor’s degree in Accounting, Finance, or related field.
2–5 years of accounting experience, preferably in construction, development, or real estate.
Understanding of job costing and project accounting principles.
Experience with bank reconciliations, HST preparation/filing, and month-end close.
Proficiency in Microsoft Excel and accounting/project management software such as Yardi and Procore.
Ability to manage multiple deadlines and priorities in a fast-paced construction and development environment.
Strong analytical and problem-solving abilities.
Effective communication and teamwork skills.

Responsibilities

Assist with maintaining project budgets, cost codes, and job cost reports.
Pick up and record job costs accurately within the accounting system (Yardi).
Monitor project cost against approved budgets and commitments.
Review GC and consultant invoices, event change, and change orders.
Assist with construction draws, progress billings, and holdback tracking.
Support project managers with cost reporting and variance analysis.
Prepare monthly bank reconciliations for multiple operating and project accounts.
Assist with month-end and year-end closing procedures.
Prepare journal entries and general ledger reconciliations.
Assist in preparing trial balances (TBs) and supporting schedules for joint venture (JV) entities.
Support preparation of internal financial reports and lender reporting packages.
Maintain organized accounting records and project documentation.
Prepare and file HST returns on a timely basis for all development entities.
Ensure compliance with accounting policies, tax regulations, and internal controls.
Assist with audit support and working paper preparation.
Support accounting and finance for development and investment properties.
Assist with tracking development costs, soft costs, and capital expenditures.
Coordinate with internal development, construction, and finance teams.
Perform ad hoc project accounting analysis and reporting as required.
Assist with the development of cost tracking systems and tools (Procore).

Benefits

A top-tier insurance program designed to keep you healthy, active, and supported
$1,000 annual wellness credit
Competitive pay
Paid time off
Performance-based incentives
Access to a matching contribution program
Support for professional designations
TTI behavioural assessments
Quarterly learning forums
Paid volunteer days
Opportunities to participate in team-led community initiatives