Accounting for Construction Company

Your Trusted Partner in Construction Accounting

Cost Effective

Flexible Staffing

Speciallized Expertise

Focus On Core Business

Construction Accounting Services for Builders and General Contractors

OHI is your premier choice for comprehensive construction accounting services provided by a skilled and dedicated construction accounting team. With over 18 years of industry expertise and 300+ employees, our construction accounting firm is known for delivering tailored solutions to construction companies across multiple states, making us the trusted construction accounting company for your financial needs.

Our expert construction accounting manager ensures accurate financial reporting and meticulous lease abstraction, helping your construction business thrive. Rely on OHI to handle your financial operations efficiently, so you can focus on your core construction activities. Whether your operations are based in California, New York, Texas, Florida, or any other state, our seasoned team is ready and eager to serve you. Contact us today to benefit from our dependable and customized construction accounting services, tailored to meet the specific needs of your construction company.

Outsourced construction accounting services

Our Credentials

40-60% cost savings compared to in-house hired staff

40-60% cost savings compared to in-house hired staff

Staff with 4+ years of relevant construction accounting experience

Staff with 4+ years of relevant construction accounting experience

300+ Clientsin in USA (100+ construction and real estate firms)

300+ Clientsin in USA (100+ construction and real estate firms)

Benefits of Outsourcing Accounting

High Cost Savings

Realize cost reductions of 40%-60%

Grow Without Overheads

Scale up and down based on your needs

Focus on Core Business

Focus on running the business instead of managing books

Flexible Staffing

Use us as full-time, part-time or on as needed basis

Specialized Expertise

Access to best practices derived from 300+ businesses

Rental Income

Our Services

Interested In Knowing More

Watch it in Action

Software Expertise

Timberline logo
Logo Sage Intacct
Project logo
sage 100 logo
Timberscan logo
Sage 300 logo
Yardi logo
Procore logo
AppFolio logo
Avidxchange logo
Entrata-logo
Quickbooks logo
MRI Logo
Buildium-logo
Nexus logo
Oracle logo
SAP Logo

Pricing

The indicative standard charges for Accounts Payable Specialist and Senior Accountant roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.

Hourly Charges

$12

Onwards

AP Specialist

$1800

Full-time staffing (160 hours per month)

Construction Accountant

$3300

Full-time staffing (160 hours per month)

Staff Profiles

Client Profile

For almost 30 years, the firm has been serving the Greater Chicago and area with quality home remodeling. The firm has completed over 5,000 home remodeling projects.

Client Profile

A construction company in Aspen, Colorado providing general contracting, plumbing and property management services.

Client Profile

A mid-sized property management, brokerage and construction firm based in South Florida

Client Profile

A premier, privately-held developer-builder, based out of Bellevue, WA. They specialize in commercial properties. The firm has developed and built in excess of 81 properties and have more than 10,000 units under management.

Client Profile

A well-known construction and development company in Canada specializing in construction and development of high rise concretes. It is a mid-sized firm and one of British Columbia’s most experienced and respected developers.

Client Profile

From B.C. to Alberta, Washington to California, The firm builds amenity-rich residential and mixed-use communities. Having delivered over 20,000 homes with another 9,000 planned, being designed or under construction.

Contact Us

    FAQ

    Q. How is Construction accounting different than Other Accounting?

    Construction accounting is distinct due to its focus on project-specific accounting, revenue recognition based on project progress, job costing for tracking expenses, complex payroll and labor compliance, unique tax considerations, and the use of Work-in-Progress (WIP) schedules. These features cater to the specialized needs of the construction industry, ensuring accurate financial management. OHI specializes in construction accounting to meet these unique requirements.

    Q. What services do you provide in Construction accounting?

    At OHI, we specialize in providing a comprehensive range of construction accounting services, including project-based accounting, percentage of completion revenue recognition, job costing, payroll and labor compliance, tax planning, financial reporting, budgeting and forecasting, and audit support. Our dedicated team of experts tailors these services to the specific needs of the construction industry, ensuring accurate, compliant, and project-focused financial management solutions for our clients.

    Q. Do I need to take services of CPA for tax services?

    We focus on providing Construction Accounting Services with utmost accuracy and timeliness. We are able to process bookkeeping, financial closing, payroll and provide audit support activities. However, we do not perform audits and annual compilations or provide opinions on your financial statements. We can assist and coordinate these functions with your current CPA to ensure that they have the necessary information to prepare these for you.

    Q. Won't I lose control if the books are done by an outside service?

    Absolutely Not. You will actually have more control since you’ll have dedicated accountant to whom you can communicate through email, Skype, phone calls and more. Accountant will revert and work immediately to deliver accurate and up-to-date financial output. You’ll require minimum supervision and attention for bookkeeping quality control instead you can invest more time in business increase opportunities.

    Q. What software do I need to manage my construction accounting?

    Your software needs are dependent upon the accounting needs of your business. It depends on volume & type of projects, annual revenue, number of suppliers & subcontractors and several other factors you want to manage through it. Our team is capable of handling variety of construction accounting software ranging from a complete construction accounting package like Timberline to a small business QuickBooks construction accounting packages.

    Certifications And Membership