What is the position summary of the Construction Accountant?

He will be the person who will hold responsibility regarding providing assistance to the Director who is in-charge of the 'Construction and Controller' in making a control over the execution of an identified matter that holds similarity to the functions of accounting and administrative part of some constructional firms. The position of construction accountant will include achieving the accounting as well as administrative goals, a sketch defining about the various ways to meet those, working with staffs as required and making a rigorous follow-up to make it sure about how the department is working properly as has been ordered by the controller. He will be the person who will be liable in working closely with the owners of the constructional firms and the 'Director'.

What remains the essential role of the position?

Besides the other roles played by them what essentially they need to perform has been discussed below:

1) Cash flow, budgeting, monitoring, internal controls, accepting the authority, accountability, acceptance and recognizing the responsibility for the construction accounting firms remains the first responsibility the that Accountant needs to perform.

2) Giving an assistance to the director and controller with implementation of the procedures and practice and completion of reports that are needed

3) Performing any duties related to some performance as well as entering estimates within the project management

4) Directing all these efforts into a manner which will be accomplishing the objectives and goals of the firm

5) Enforce and comply all the laws of government, regulations and policies

6) Ensuring that every policies made by the company along with its procedures get adhered properly by you

7) Communication and coordination needs to get attained regularly with the Director and the Controller

8) Ensuring of appropriate procedures for the process of record keeping, financial reporting, and documentation which will be managing files in some accurate fashion within the current manner and an orderly way.

9) Oversee the future of the firm so as to appropriately reflect the income of the cost center as well as expenditures of the administrative and general expenses.

10) Coordination with the director and the Controller of the company along with the owner for preparation of annual budget to forecast the easiest controlling of the predetermined profit levels and enforcement of budgets.

11) Making a good maintenance to the savings and checking accounts and perform the process of 'reconcile' in the monthly and daily basis.

12) For the accounting software, maintenance as well as increasing of knowledge is an absolute necessary for the industry of construction accountants as it will directly be relation to the firm.

13) Regularly performing the procedures of audit for making a verification of the transactions

14) Overseeing the making of reports as it gets needed.

15) Make a tracking to all the liabilities and assets of the company. For that maintaining a loan file, files for property and vehicles.

Shortly thus remains the responsibility of the construction accountant which they need to perform while in a constructional firm.

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Duncan Dovico is a firm of dedicated professionals who provide a complete range of accounting, taxation and audit services to individuals and businesses.