Corporate Accountant, RE Development
Outhire • Richmond Hill, Ontario • Full Time
Posted on Tue, May 26, 2026
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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
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%)
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
- 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
- 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
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
- 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
- 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
- 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
- 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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