Construction Finance Specialist

2 days ago

Baguio City, Cordillera, Philippines beBeeFinancial Full time ₱7,200 - ₱7,800
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:
  • Manage financial records for the company and individual construction projects to ensure accuracy and up-to-date information.
  • Oversee accounts payable and receivable to ensure timely invoicing and payment processing.
  • Reconcile bank statements and financial accounts regularly.
Job Costing and Budgeting:
  • Track and allocate costs to specific construction projects to ensure accurate tracking.
  • 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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