Chief Financial Administrator for Construction Projects

2 days ago

Iloilo City, Western Visayas, Philippines beBeeConstructionAccountant Full time ₱7,200 - ₱7,800
Job Description

The role of a Construction Bookkeeper is to play a vital part in managing the financial aspects of construction projects.

Maintaining accurate financial records, processing invoices, managing payroll, and ensuring compliance with construction-specific accounting practices are 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.

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