Building Financial Strength: How Construction Controllers Tackle Accounting Challenges
A Financial Controller can help handle the most common accounting and profitability challenges in the construction industry.
A Financial Controller can help handle the most common accounting and profitability challenges in the construction industry.
In the fast-moving world of construction, staying on top of the numbers is just as important as laying the foundation. That’s where a Construction Controller comes in. While others are pouring concrete or managing blueprints, the Controller is making sure every dollar is working as hard as the crew on-site.
Construction projects have a lot of moving parts…and costs. From lumber to labor, Controllers keep an eye on it all. By using detailed job costing systems, they make sure every cost is assigned to the right project. This helps the company see which jobs are making money and which ones need a second look.
Cash flow can be tricky. Payments don’t always come in when bills are due, and projects can stretch out longer than planned. Controllers keep track of who owes what and when. This helps make sure there’s enough cash to cover payroll, materials, and everything in between, without unnecessary stress.
Construction companies don’t always get paid all at once, so it’s important to know when to record revenue. Controllers follow accounting rules to recognize income at the right time, using methods like percentage-of-completion. It’s all about showing an accurate picture of how the company is doing financially.
It’s no secret—projects change. Maybe it rains for a week. Maybe the client wants a marble staircase instead of wood. Controllers work closely with project managers to track changes, update budgets, and ensure those surprises don’t sink the bottom line.
Good accounting software can make all the difference. Controllers use programs designed for construction companies, like Sage Intacct and QuickBooks Online, for job costing, invoices, and budgets. These tools help streamline workflows, reduce errors, and give real-time insights, so financial decisions are based on solid data, not guesswork.
Controllers don’t need to be in-house to be effective. Whether part of your internal team or brought in through an outsourced solution, they work closely with project managers to ensure the financial side matches what’s really happening on the job site. This kind of collaboration keeps projects running smoothly…and profitably.
In the construction business, a Controller is more than a number-cruncher. They’re a key part of the team, helping the company grow by keeping projects profitable and finances in check. With the right processes, tools, and teamwork, they help build something that lasts, just like the projects being built.
If your construction company needs controller-level support but isn’t ready to hire in-house, outsourced controller services might be the perfect fit. At Devine Consulting, we provide the expertise without the overhead, helping you stay focused on your core business while we take care of the books. Not sure what kind of help you need? Take our Controller Quiz [LINK] to find out where your business stands. Or, schedule a free consultation [LINK] with our team—we’re happy to talk through your needs and show you how we can help support your financial foundation.
If your construction company needs controller-level support but isn’t ready to hire in-house, outsourced controller services might be the perfect fit. At Devine Consulting, we provide the expertise without the overhead, helping you stay focused on your core business while we take care of the books. Not sure what kind of help you need? Take our Controller Quiz to find out where your business stands. Or, schedule a free consultation with our team—we’re happy to talk through your needs and show you how we can help support your financial foundation.
If any of these challenges sound familiar, it might be time to bring in a financial expert. Take our free quiz to see if your business is ready for the next step!
Devine Consulting offers comprehensive accounting solutions for clients across various industries.
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