Experienced Construction Financial Manager Wanted

2 days ago

San Juan, National Capital Region, Philippines beBeeConstruction Full time ₱7,200 - ₱7,800
Construction Financial Manager Job Description

The Construction Financial Manager plays a vital role in managing the financial aspects of construction projects.

This includes maintaining accurate financial records, processing invoices, managing payroll, and ensuring compliance with construction-specific accounting practices.

We are looking for a detail-oriented and organized individual who is knowledgeable about the unique accounting needs of the construction industry.

  • Financial Management Responsibilities
    • 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 Expectations
    • 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 Requirements
    • 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 Obligations
    • 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 Tasks
    • Maintain records of vendor contracts, payments, and insurance certificates
    • Process and track subcontractor invoices and lien waivers
  • Software and Technology Utilization
    • Utilize construction-specific accounting software such as QuickBooks, Sage, or Procore
    • Maintain organized digital and physical records of financial documents

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