Project Financial Specialist

1 day ago

Pasig, National Capital Region, Philippines beBeeAccountant Full time ₱7,200 - ₱7,800
Construction Financial Manager Job Description

This role involves overseeing the financial aspects of construction projects. The ideal candidate is detail-oriented, organized, and knowledgeable about the unique accounting needs of the construction industry.

Key Responsibilities:
  • Financial Management:
    • Maintain accurate and up-to-date financial records for 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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