Financial management for construction companies

General information:

Advance planning and management of financial resources, cost optimization, including cost estimation and detailed analysis of such essential items as materials, fuel, equipment and labor resources used, etc. are the most important issues for the companies operating in the construction field. It is also important to develop proper control mechanisms and create an effective reporting system.

We offer:

• development of the materials, fuels and basic means (equipment used, etc.) management system;
• development of preliminary project cost estimates and budgeting systems;
• development of reporting system and deviation analysis
• transformation of accounting system in accordance with the IFRS standards
• development of financial department’s structure
• personnel retraining
• e-accounting system analysis and recommendations

As a result, you will get:

detailed analysis of the projects from the perspective of the works performed; preliminary cost estimates and actual expenditures (Saving, Over cost) comparative analysis system; efficient control system for machinery and equipment, as well as other means used.

improved financial indices, as well as well-functioning reporting system which is in line with international standards, allowing to carry out the investment projects;