Job Title: Project Accountant
Reports to: Residential Land Development Controller
Name of Company: Taggart Investments
Location: 3187 Albion Road South, Ottawa, Ontario
Date Prepared: October 2020
Taggart Group of Companies
A family business that’s been around for more than 70 years, the Taggart Group of Companies is a full-service construction organization consisting of four major operating companies. Taggart Group delivers expert leadership in real estate development, planning, design, finance, construction, and management. We develop commercial, residential, and industrial property for our own account and for third party developers. We own, manage, and work collaboratively on commercial and residential investment properties. We enjoy a strong reputation for technical expertise, integrity, and cooperation, and offer our clients the many benefits of vertical integration. Taggart Investments acquires land for various types of development opportunities in the Ottawa and Kingston markets on behalf of the Group.
The Project Accountant will be involved in full-cycle accounting for various residential land development projects and their related corporate entities. The position includes tasks in financial reporting, project accounting, and accounts payable coordination for all Ottawa and Kingston residential developments. The Project Accountant will have frequent interactions with the residential land developments operations teams, as well as, other accounting and legal staff regarding closings. Reporting to the Residential Land Development Controller, the incumbent will play a critical role in ensuring the accurate financial and management result reporting.
Support the Controller in building annual financial files for assigned companies, including gathering all necessary supporting documents and backup, analyzing phase and offsite costs to complete, and generating draft financial statements.
Assist in developing financial and financing budgets in advance of the servicing of new phases, including determining the allocations of land, site planning and offsite costs to the phase.
Liaise with the Land Development operations team to understand the status of various activities for each development project and to ensure that supplier invoices are coded in accordance with the current budget.
Compile monthly financial files for each assigned company for review, including bank reconciliations and accruals, ensuring that adequate documentation exists.
As part of the monthly file preparation, review job costs against the current budget to identify any potential significant overspending.
Update monthly phase financing schedules and provide input into the weekly/bi-weekly cash flow forecasts.
Coordinate and execute all aspects of the payables and payments function, including printing and issuing of cheques.
Prepare and execute other financial activities, such as Statements of Adjustments for lot closings, monthly HST filings and miscellaneous invoicing and collections.
Consistently look for opportunities to improve the usefulness and efficiency of existing spreadsheets, reports and processes.
Maintain electronic and paper filing systems for assigned companies. This includes scanning.
Keep the Controller and Land Development operations team (as required) appraised of any significant job developments transactions.
Perform other duties as may arise from time to time as directed by the manager
Statement of Qualifications:
Knowledge, Skills, and Abilities
Post-Secondary education in Accounting or Finance is required. Working toward obtaining a CPA designation is considered an asset.
A minimum of 5 years of progressive work experience, with some experience in a project accounting role. Experience in land development or construction would be considered an asset.
Strong analysis and critical thinking skills.
Ability to prioritize and meet deadlines.
Effective communication and organizational skills, with an attention to detail.
Strong time management and prioritization skills.
Ability to handle a high-volume workload.
Highly proficient in the use of various office-based software, including Microsoft Office and Adobe Acrobat, with advanced skills using Excel.
Experience using an ERP system or other complex accounting system, would be an asset. Experience using Newstar or LandDev would be considered an asset.
Ability to maintain confidentiality and approach situations in a diplomatic and professional manner.
Physical/Sensory Effort/Work Environment
Providing service to several people, working under many simultaneous deadlines.
Sitting or standing for long periods of time at workstation.
Manual dexterity required to use desktop computer and peripherals.
Overtime may be required during peak times and/or based on project needs.
All candidates are asked to apply via the following link: taggartgroup.bamboohr.com/jobs. Any questions regarding the position can be directed to email@example.com. We thank all candidates for their interest, however only applicants selected for an interview will be contacted.
The Taggart Group of Companies is an equal opportunity employer. All qualified applicants are considered without regard to race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, gender, sexual orientation, age, marital status, physical or mental handicap, or financial ability. In accordance with the Accessibility for Ontarians with a Disabilities Act, we’re committed to providing accommodations for people with disabilities in all aspects of the recruitment and selection process. If you require accommodation or special assistance, please send an email to firstname.lastname@example.org with your request. Your information will be treated as confidential.