Construction Financial Coordinator

2 days ago

Paranaque City, Calabarzon, Philippines beBeeBookkeeper Full time $7,200 - $7,800
Job Summary

The role of Construction Bookkeeper involves managing the financial aspects of construction projects by maintaining accurate records, processing invoices, and ensuring compliance with construction-specific accounting practices. This detail-oriented professional must be organized, knowledgeable about the unique accounting needs of the construction industry, and proficient in software such as QuickBooks and Sage.

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 or Sage.
    • Maintain organized digital and physical records of financial documents.

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