Construction Project Accountant

International Contractors Inc.•Villa Park, IL

6d•Onsite

About The Position

International Contractors, Inc. (ICI) is seeking a dedicated and detail-driven Project Accountant. This mid-level role focuses on construction finance, emphasizing accuracy and the impact of financial management on field teams. The ideal candidate will possess strong skills in construction accounting principles, including job cost tracking, subcontractor billing, AIA pay applications, lien waivers, and budget variance reporting. Proficiency in construction accounting software (like Sage, Procore), Excel, and standard document tools is required. A willingness to learn and ask questions is also important.

Requirements

Solid skills in construction accounting principles, including job cost tracking, subcontractor billing, AIA pay applications, lien waivers, and budget variance reporting.
Proficiency in construction accounting software (such as Sage, Procore, or similar platforms), Excel, and standard document tools.
Knows how to properly and efficiently process client billings, subcontractor payables, waivers, and AIA documents
Has experience working with the construction draw process, working with title companies, and preparing sworn statements and G702/G703
Is proficient in Microsoft Outlook, Word and Excel
Experience with Sage Accounting and Procore Project Management Software
Is highly organized, detail oriented, accurate and analytical
Has excellent verbal and written communication skills
Is self-motivated and has independent work habits
Associate or Bachelor’s Degree in Accounting or Finance or similar experience preferred
Minimum of 3 – 5 years of construction specific project accounting experience
Must have a valid driver’s license

Nice To Haves

A willingness to learn, ask the right questions, and build expertise alongside some of the best people in the business

Responsibilities

Interacts with clients (internal and external), consultants, and colleagues in a productive and professional manner
Thoroughly reviews and understands owner contract to ensure all terms and conditions and tax requirements are met
Works closely with the Project Manager and Executives to ensure accurate and consistent billing and financial reporting
Creates project-related billings to clients
Issues requisitions in accordance with contract and inclusive of all billable company, trade/subcontractor and sub consultant costs
Reviews invoices, submits for approval, and process payments to trades and subcontractors in a timely manner ensuring that all comply with requisition due dates established by the project schedule or contract documents
Ensures that trades and subcontractors follow requisition format and required submission of support documentation.
Review subcontractor waivers of lien documents
Confirms receipt of compliant insurance documents
Prepares certified payroll reports, when requested
Maintains complete project files, including trades, subs, and vendors for the entire duration of the project
Provides an analysis of over and under billed projects monthly
Works with Project Managers to forecast the profitability of projects monthly
Investigates and reports on project cost variances
Monitors accounts receivable status and pursue collection with the Project Manager, when necessary
Maintains open, responsive, and professional communication and relationships with all team members
Log time spent on each project for accurate timekeeping
Researches information as required
Performs special tasks as requested by Supervisor