Development Accountant
Full-Time | Permanent

Location: Toronto, ON (North Toronto | In Office)

A well-established real estate organization is looking to add a Development Accountant to its growing accounting team. This is an opportunity to join a cooperative and entrepreneurial environment and work closely with senior finance leadership across a diverse portfolio of real estate development projects.

The successful candidate will have a strong accounting foundation along with experience in either development or property accounting. This role offers broad exposure beyond traditional month-end accounting, with involvement in project financials, cash flow, financing, joint ventures, and the ongoing accounting requirements associated with land development.

This would be a strong opportunity for an accounting professional who enjoys taking ownership, working through complex financial information, and understanding how accounting decisions connect to the broader business.

The Opportunity

Join an established organization with a significant presence in the real estate sector

Work directly with senior members of the accounting and finance team

Take ownership of accounting activities across a portfolio of development entities

Gain exposure to the financial side of land development projects from acquisition through to sales and closing activity

Work with joint ventures, partnerships, lenders, and other external stakeholders

Develop broader experience across project accounting, cash flow, financing, and financial reporting

Work in a fast-paced environment where initiative and independent problem-solving are valued

Competitive compensation and benefits package

Full-time, permanent position based in North Toronto

Key Responsibilities
Development & Project Accounting

Manage day-to-day accounting for a portfolio of development entities

Prepare journal entries, reconciliations, account analysis,



and monthly financial reporting

Oversee A/R and A/P activity, including invoice review, coding, and vendor-related matters

Review project costs and allocations to ensure financial information is accurate and properly supported

Reconcile intercompany balances and other project-related accounts

Maintain organized supporting documentation for financial transactions

Assist with year-end, audit, tax, and other compliance requirements

Project Finance & Cash Flow

Monitor project cash flow and funding requirements

Prepare and maintain cash flow forecasts

Assist with project funding draws and lender-related reporting

Monitor financing activity, including loans and letters of credit

Support cash calls, distributions, and equity-related reconciliations

Track financial activity associated with development milestones, including land transactions and closings

Reporting & Analysis

Prepare financial information and reporting for internal and external stakeholders

Analyze project and entity-level financial information and investigate variances or discrepancies

Identify potential accounting issues and work toward practical solutions

Support budgeting, forecasting, and financial analysis

Provide financial insight to assist with project and business decisions

Participate in ad hoc analysis and projects as required

What We're Looking For

3+ years of full-cycle accounting experience

Background in real estate, property accounting, development accounting, or a closely related environment





Strong understanding of general accounting principles and financial reporting

Experience working with multiple entities, ideally including joint ventures or partnerships

Exposure to cash flow forecasting, budgeting, or project financial analysis

Strong Excel skills and confidence working with large amounts of financial data

Excellent attention to detail with the ability to understand the bigger picture

Strong organizational skills and the ability to manage multiple priorities

A proactive, analytical approach to problem-solving

Strong communication skills and the ability to work effectively with both internal and external stakeholders

Bachelor's degree in Accounting, Finance, Business, or a related discipline

CPA designation or progress toward the CPA is an asset

Experience with real estate accounting software is an asset

The Ideal Candidate
This role would suit an accounting professional who wants to build deeper expertise within real estate development and take on a position with meaningful exposure to the financial side of projects.

You should be comfortable owning your accounting responsibilities while also looking beyond the numbers to understand what is driving them. The team is looking for someone who is curious, commercially minded, and comfortable taking initiative rather than simply working through a checklist.

If you have a strong foundation in property or development accounting and are interested in gaining broader exposure to project finance, cash flow, and real estate development, this could be an excellent next step in your career.

Compensation & Benefits
A competitive compensation package will be offered based on experience and qualifications, along with a comprehensive benefits package and additional employee benefits.

This is a full-time, permanent opportunity based in North Toronto.

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📌 Development Accountant (Ontario)
🏢 Morgan Mckinley
📍 Ontario