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ITEX Property Management LLC
Project Accountant II
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Based on Texas data
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What they do
A Project Accountant organizes and maintains financial records for a project. Creates project accounts and oversees project expenses and billing. Monitors project budget and budget variances.
$74,074 / year median in Texas
+9% projected growth
Job Description
Description 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