Accountant, Development Accounting

About this role

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 developme...