Construction Financial Specialist

1 week ago

Hagonoy, Central Luzon, Philippines beBeeFinancial Full time ₱7,200 - ₱7,800
Job Overview

This role involves managing the financial aspects of construction projects, maintaining accurate financial records, processing invoices, and ensuring compliance with industry-specific accounting practices.

Main Responsibilities:
  • Financial Management
    • Maintain 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
  • Project Costing and Budgeting
    • Track and allocate costs to specific construction projects
    • Monitor project budgets and provide reports on variances
    • Collaborate with project managers to ensure accurate tracking of labor, materials, and equipment costs
  • Payroll Administration
    • 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 submit tax documents, including sales tax, payroll tax, and other regulatory filings
    • Ensure adherence to 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 Utilization
    • Utilize construction-specific accounting software such as QuickBooks, Sage, or Procore

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