Accountant, Development Accounting at Tricon… · Toronto

Accountant, Development Accounting Location: Toronto, ON Tricon is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. Job Description The Accountant, Development Accounting supports accounting, treasury, payables, and financial close activities across Tricon’s residential development portfolio. The Accountant works closely with internal teams and external partners to help ensure development costs, capital draws, loan activity, management fees, and month-end deliverables are completed accurately and on time. Essential Duties and Responsibilities: Coordinate development and construction treasury and payables processes, including reviewing development invoices and preparing capital draw requests. Track and analyze development cost spend and provide relevant updates to internal stakeholders. Monitor loan activity, including construction draws, interest payments, renewals, and quarterly compliance requirements. Track development management fee revenue and support related accounting entries. Assist with the review of monthly financial packages prepared by property and development managers. Support month-end close activities, including preparing journal entries, balance sheet reconciliations, accruals, and related schedules. Prepare monthly financial packages for external stakeholders. Assist with the preparation of annual audited financial statements, including note disclosures, and support quarterly review and annual audit processes. Liaise with development teams, property managers, developers, equity partners, lenders, and other external parties. Assist with and/or lead special projects and ad hoc initiatives as required. Qualifications: Accounting knowledge, with experience supporting financial reporting, reconciliations, accruals, and month-end close processes. Understanding of treasury, payables, capital draw, loan monitoring, and audit support activities. Ability to review, interpret, and summarize financial information for internal and external stakeholders. Advanced Excel skills, including the ability to work with detailed financial data and reporting schedules. Effective written and verbal communication skills, with the ability to work across multiple teams and external partners. Minimum Requirements: University degree in Finance, Accounting, or a related discipline. 2+ years of progressive accounting experience, preferably within real estate, development accounting, construction accounting, property accounting, audit, or a related environment. CPA designation or active progress toward completion of CPA. Ability to work independently in a fast-paced, deadline-driven environment. High attention to detail and commitment to accuracy. Preferred Attributes: Interest in development accounting, real estate, or multifamily residential development. Self-motivated, organized, and proactive in managing deliverables. Reliable work ethic and willingness to learn. Comfortable working with multiple stakeholders and shifting priorities. Thoughtful, solutions-oriented, and able to take ownership of tasks from start to finish. Demonstrated interest in AI-enabled tools, automation, and process improvements that enhance accounting efficiency and accuracy. Work Schedule: This is a hybrid role, with a combination of in-office and remote work in accordance with company guidelines. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including: Frequently required to sit, talk, and hear. Frequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouch. Occasionally lift, carry, and move up to 10 pounds. Vision abilities required by this job include close vision, distance vision, and depth perception. Salary Range Placement within this compensation range will be determined by the candidate's knowledge, experience and skills. $61,470.00 - $102,450.00 This position is eligible for a discretionary bonus based on company performance and individual contribution as well as an attractive benefit and wellness package. At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.