Contract

Development Accountant

Month Contract

Posted on 9/27/2025

RioCan

RioCan

201-500 employees

Owns and manages mixed-use real estate

No salary listed

North York, ON, Canada

Hybrid

Category
Accounting (2)
,
Requirements
  • College Diploma or Certificate in Finance or Accounting
  • Minimum 3 years of Development Accounting experience or equivalent
  • Experience with Residential
  • Proven verbal and written communication skills
  • Proven organizational and analytical skills
  • Experience using Yardi, Hubble, and Argus
  • Proficient in Word, Intermediate Excel and Outlook
  • Ability to understand detailed financials and contractual information
  • Ability to identify deficiencies, errors and misrepresentations in financial reporting
  • Ability to apply logic and reasoning when analyzing development projects
Responsibilities
  • Yardi Business Unit Set-up for Development, CapEx and Tenant Construction projects
  • Input, update and track Development, Construction and Renovation budgets
  • Support the Development department in Pro-Forma preparation, budgeting and reforecasting
  • Collaborate with the Development department in the preparation of monthly/quarterly variance reporting. Monitor and reconcile project variances(Budget, purchase orders, cost to date) to ensure financial reporting requirements are met
  • Development Cash-flow update
  • Enter Accounting and Procurement Ledger Journal Entries
  • Calculate cost to complete and PUD/IPP value splits for IFRS valuation purposes
  • Monthly Bank reconciliations
  • Monthly HST filing
  • Prepare working paper files for submission to internal and external auditors
  • Other duties / projects as assigned.

RioCan is a large Canadian real estate investment trust that owns and develops a portfolio of properties, mainly shopping centers and mixed-use spaces, in high-density areas. It generates income by leasing spaces to retailers, residents, and commercial tenants, and by developing new properties through its development pipeline. Its products are the spaces it owns and manages, including shopping centers and mixed-use buildings, which generate revenue from leases and tenant services. RioCan differentiates itself with a 30-year track record, a broad, adaptable portfolio focused on high-density markets, and a continuous pipeline of development opportunities designed to respond to market trends. The company aims for long-term growth and value creation for tenants, partners, and unitholders by strengthening its market position and delivering vibrant places where people can shop, live, work, and play.

Company Size

201-500

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • Morningstar DBRS confirmed BBB rating and upgraded trend to Positive from Stable.
  • Guy Metcalfe, ex-Morgan Stanley Global Real Estate Chairman, joined Board February 1, 2024.
  • Completed $200M Series AQ debentures at par with 4.308% coupon maturing 2033.

What critics are saying

  • E-commerce erodes foot traffic, undercutting necessity retail anchors in 12-24 months.
  • Tenant bankruptcies spike from discretionary retail contraction, forcing write-downs in 18-36 months.
  • Workforce cut of 50 employees in October 2025 deteriorates occupancy via management decline.

What makes RioCan unique

  • RioCan focuses on 168 necessity-based retail properties in high-density transit-oriented Canadian communities.
  • RioCan partners with Milestone to redevelop retail into vibrant high-density mixed-use communities.
  • RioCan owns 31 million square feet of net leasable area across densely populated urban areas.

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Benefits

Health Insurance

Dental Insurance

Health Savings Account/Flexible Spending Account

Flexible Work Hours

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Parental Leave

Employee Discounts

Professional Development Budget

Company News

TipRanks
Feb 26th, 2026
RioCan Launches $200 Million Debenture Offering as Credit Trend Turns Positive - TipRanks.com

RioCan Real Estate Investment ( ($TSE:REI.UN) ) has shared an update. RioCan Real Estate Investment Trust has launched a $200 million offering of Series AQ senior u...

TipRanks
Sep 22nd, 2025
RioCan Announces $200 Million Debenture Offering to Strengthen Financial Position - TipRanks.com

RioCan Real Estate Investment ( ($TSE:REI.UN) ) just unveiled an announcement. RioCan Real Estate Investment Trust has announced the issuance of $200 million in Ser...

CondoTrend
Jun 22nd, 2025
RioCan & Milestone Redevelopment Plan - Vibrant Mixed-Use Community V1

RioCan REIT, in strategic partnership with Milestone, has embarked on a comprehensive urban redevelopment initiative focused on transforming key retail properties into vibrant, high-density, mixed-use communities.

Business Wire
Feb 13th, 2025
RioCan Real Estate Investment Trust Completes $550 Million Issuance of Series AN and Series AO Senior Unsecured Debentures

RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has completed its previously announced issuance of

Benefits and Pensions Monitor
Nov 13th, 2024
RioCan cuts staff, pauses construction amid restructuring for efficiency

RioCan Real Estate Investment Trust announced a nearly 10 percent reduction in its workforce in October, cutting around 50 employees in a restructuring aimed at increasing efficiency.

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