Construction Financial Manager

1 day ago

Cebu City, Central Visayas, Philippines beBeeAccountant Full time $7,200 - $7,800
Job Description

The ideal candidate for this role will be responsible for managing the financial aspects of construction projects, maintaining accurate financial records, processing invoices, and ensuring compliance with construction-specific accounting practices.

Key Responsibilities:
  • Financial Management
    • Maintain accurate and up-to-date financial records for the company and individual construction projects
    • Manage accounts payable and receivable, ensuring timely invoicing and payment processing
    • Reconcile bank statements and financial accounts regularly
  • Job Costing and Budgeting
    • Track and allocate costs to specific construction projects
    • Monitor project budgets and provide reports on variances
    • Work with project managers to ensure accurate tracking of labor, materials, and equipment costs
  • Payroll Processing
    • Process payroll for construction workers, ensuring compliance with prevailing wage laws, union agreements, and tax regulations
    • Track hours, overtime, and deductions for employees
  • Compliance and Reporting
    • Prepare and file tax documents, including sales tax, payroll tax, and other regulatory filings
    • Ensure compliance with local, state, and federal regulations
    • Generate financial reports, including profit and loss statements, balance sheets, and cash flow statements
  • Vendor and Subcontractor Management
    • Maintain records of vendor contracts, payments, and insurance certificates
    • Process and track subcontractor invoices and lien waivers
  • Software and Technology
    • Utilize construction-specific accounting software such as QuickBooks, Sage, or Procore
    • Maintain organized digital and physical records of financial documents

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