Senior Construction Accounting Specialist

2 days ago

Davao City, Davao, Philippines beBeeAccountant Full time ₱7,200 - ₱7,800

Job Summary

We are seeking a detail-oriented and organized Construction Financial Manager to manage the financial aspects of construction projects. This role involves maintaining accurate financial records, processing invoices, managing payroll, and ensuring compliance with construction-specific accounting practices.

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
  • 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

Requirements:

  • Equivalent experience in construction bookkeeping is acceptable
  • Bookkeeping experience, with at least 1–2 years in the construction industry
  • Proficiency in the software (QuickBooks, Pivot Tables)
  • Some light programming is a huge plus
  • Strong knowledge of job costing, construction project accounting, and compliance requirements

Benefits:

  • Work-from-home opportunity
  • Competitive pay
  • A comprehensive benefits package

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