Construction Financial Coordinator

2 days ago

Tarlac City, Central Luzon, Philippines beBeeFinancial Full time $7,200 - $7,800
Job Title: Construction Bookkeeper

This role is crucial in managing the financial aspects of construction projects.

  • 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
  • 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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