Finance Manager

Job Description

Finance Manager Construction Industry Roles and Responsibilities Budgeting & Forecasting Develop and manage project-specific and company-wide budgets. Work with project managers to create financial forecasts for each phase of construction. Monitor financial performance against budget and flag variances. Project Cost Management Track and control project expenses (materials, labor, subcontractors). Analyze cost overruns and recommend corrective actions. Set up job costing systems for each construction project. Cash Flow Management Monitor daily cash positions and ensure adequate liquidity. Forecast cash flow needs based on project timelines and billing cycles. Optimize working capital by managing receivables, payables, and retention money. Financial Reporting Prepare monthly, quarterly, and annual financial reports. Generate project-specific financial statements (P&L, cost to complete, etc.). Provide timely and accurate financial insights to senior management and stakeholders.. Client Coordination Act as the finance liaison for client-side reporting, billing, and financial queries. Handle financial communications related to project progress, billing milestones, and payment follow-ups. Ensure timely submission of financial documentation required by clients. Vendor Coordination Coordinate with vendors and subcontractors regarding payments, invoicing, and contract terms. Resolve billing disputes or discrepancies in a timely manner. Maintain positive working relationships with suppliers to ensure smooth procurement and cash flow alignment. Software & Systems Management Implement and maintain ERP or construction-specific accounting systems. Ensure integration of financial data from site to office. Use Excel, ERP platforms, and reporting tools for analysis and tracking.