Project Accountant II
ITEX Property Management LLC · Port Arthur, TX, United States
About The Role
About the Role
The Project Accountant II supports ITEX's ICON construction division, providing accounting support directly to Project Managers on active construction projects. This role oversees all accounting processes for assigned projects, keeping them on budget, monitoring job costs against approved contract values, and resolving sub-contractor issues as they arise. The successful candidate has a solid grasp of construction accounting fundamentals, including job costing, lien waivers, and pay application review; is detail-oriented and well-organized; and works well under pressure to meet deadlines in a fast-paced environment.
What You’ll Do
- Process invoices and payments for assigned construction projects
- Process owner and sub-contractor pay applications and change orders
- Process bank draws in coordination with project timelines
- Prepare and reconcile monthly owner requisitions and subcontractor pay applications for assigned projects
- Perform project budget analysis, cost variance analysis, and re-forecasting as needed
- Prepare and deliver job cost reporting, including job cost transfers and cost coding review
- Support month-end close activities, including journal entries and general ledger account reconciliations
- Track and follow up on subcontractor compliance documentation, including insurance certificates, W-9s, and lien waivers
- Assist in setting up cost codes and budgets for new project contracts
- Maintain organized project accounting files, including contracts, POs, bills, liens, and correspondence
- Provide training and day-to-day process guidance to junior Project Accountants on the team
- Perform other duties as directed by management
What We’re Looking For
We're looking for someone who thrives in a fast-paced construction accounting environment, communicates effectively with Project Managers and sub-contractors, and takes ownership of keeping projects on track financially.
Specifically, we’re looking for someone who
- Is highly detail-oriented and well-organized
- Has strong interpersonal and communication skills
- Works well under pressure and consistently meets deadlines
- Can lead and mentor a small team of accountants
- Brings sound judgment to subcontractor documentation, compliance tracking, and billing accuracy
- Thrives in a shared, open bullpen-style office setting, working closely alongside Project Managers and the accounting team
Specifically, we’re looking for someone who
- Is highly detail-oriented and well-organized
- Has strong interpersonal and communication skills
- Works well under pressure and consistently meets deadlines
- Can lead and mentor a small team of accountants
- Brings sound judgment to subcontractor documentation, compliance tracking, and billing accuracy
- Thrives in a shared, open bullpen-style office setting, working closely alongside Project Managers and the accounting team
What We Offer
- Competitive salary
- Medical, dental, and vision insurance (BCBS of Texas HSA/HMO/PPO options)
- 401(k) with 4% company match
- Professional development and growth opportunities
Requirements
- High school diploma or GED required; Associate's or Bachelor's degree in Accounting, Finance, or a related field preferred
- 3+ years of construction accounting support experience required
- Working knowledge of AIA billing formats, retainage, lien waivers, and change order processing
- Familiarity with job costing and percentage-of-completion accounting concepts
- Experience with Yardi, AIA software, Sage, and Procore preferred
- Highly proficient in Microsoft Excel
- Proficient 10-key data entry
Physical Demands
This position primarily works in an office environment and requires prolonged periods of sitting and computer use. Occasional lifting of up to 15 lbs (files, office supplies) may be required.
The ITEX Group is an Equal Opportunity Employer (EOE M/F/D/V)
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