Construction Accounting Services

Construction Accounting Services for Builders, Management Companies and General Contractors

OHI is a fifteen-year-old real estate services company working with 50+ commercial and residential real estate developers including construction firms, funds and property management companies across USA. OHI team members have a good understanding of construction accounting and project accounting concepts such as job-codes, cost-codes, and milestone based billing, draw contracts, change orders, holdbacks etc. OHI construction/project accountants are well versed with progressive invoicing /progress billing concepts based on various methods such as Percentage of Work Completion method and milestone based billing method. Our services are used by 300+ businesses in California, New York, Texas, Florida, Colorado, Kansas and Washington among others.

Outsourced construction accounting services

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 (50+ construction and real estate firms)

300+ Clientsin in USA (50+ construction and real estate firms)

Our Services

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Software Expertise

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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

$1600

Full-time staffing (160 hours per month)

Construction Accountant

$2200

Full-time staffing (160 hours per month)

Staff Profiles

Our Blog

Construction Industry Best Practices in Internal Controls

Construction Industry Best Practices in Internal Controls

Construction industry has a high transaction rate and the transaction amounts are pretty high as well. So it is safe to assume that frauds in construction accounting can lead to big losses. While these losses are not unheard of, it […]

  • January 22, 2019
  • admin@ohi
Bring the Odds at your End, Automate Construction Accounting Today!

Bring the Odds at your End, Automate Construction Accounting Today!

The world has suddenly turned fancy and the universe of construction business is shining with activity. With several new players making an entry into the market, the competition no wonder has become pretty high. As such, the oldies in the […]

  • March 31, 2015
  • admin@ohi
The Basics of Construction Accounting

The Basics of Construction Accounting

Accounting procedures and practices differ according to the type of business and practices adopted by organizations across sectors. In the construction industry, firms and contractors face unique challenges when it comes to accounting, as accounting for construction sector is different […]

  • January 11, 2019
  • admin@ohi
The 8 Most Common Small Business Accounting Mistakes

The 8 Most Common Small Business Accounting Mistakes

Small business accounting is an organized process which helps in keeping track of the financial activities of a company. Bookkeeping, on the other hand, is a systematic process of keeping a record of every single company transaction. Both the processes […]

  • April 23, 2020
  • admin@ohi
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.

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