Construction Accounting/ Project Accounting Services
OHI provides skilled and experienced accountants at very economical rates. 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.
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Cost Savings
40-60% cost savings compared to in-house hired staff
Skilled Employees
Staff with 6+ years of relevant construction accounting experience
Our Clients
300+ Clients in USA (120+ construction and real estate firms)
We have worked with a wide range of construction companies including but not limited to general contractors, developers, sub-contractors, construction related services companies and more. Our service offerings for construction industry cover accounts receivables services, accounts payable services, reconciliations services, financial reporting and customized management reporting and analysis such as project profitability analysis. A detailed list is included below.
Our Services
Vendor Contract Management
Accounts Payable Invoicing & Disbursement Management
Invoicing
Disbursement Processing
Sales Invoicing and Accounts Receivable Processing
Bookkeeping & Reconciliations
Reporting & Auditing
Other Accounting Services
The case study highlights a complex matching accounts payable process performed by us for a construction company based out of Vancouver, Canada. The process involved multiple field entry and three-way matching between invoices, goods receipts and POs.
Residential Property Accounting
Commercial Property Accounting
Investment Analysis Services
Acquisition Analysis Services
Asset Management Services
Lease Abstraction Services
CAM Reconciliation
Back-Offfice Support Services
Other Services
Software Expertise
High expertise across multiple real estate accounting (property, construction and fund accounting), property management, investment analysis software used in USA.
Pricing
The indicative standard charges for Accounts Payable Specialist and Senior Accountant roles are listed below.
HOURLY CHARGES
$13
Onwards
Entry of invoices, bills
Bank and credit card reconciliation
Simple management reports
Turnaround time: 3-5 business days
Custom packages of 25, 50 and 80 hours per month are available
ACCOUNTS PAYABLE SPECIALIST
$1700
Full-time staffing (160 hours per month)
Entry of accounts payable invoices
Tracking of holdbacks & billing holdbacks
Vendor reconciliation
Turnaround time: 1 business days
SENIOR ACCOUNTANT
$3500
Full-time staffing (160 hours per month)
Bank and credit card reconciliation
Month end closing
Financial reporting and analysis
Turnaround time: 1 business days
Corporate Profile Video
The video provides a brief overview of our services, real estate expertise, clients, work culture and most importantly our vision to be recognized as a leading outsourcing provider for the real estate segment.
About Us
real estate/ construction clients
120+
Client Profiles
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.
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.
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.
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.
A construction company in Aspen, Colorado providing general contracting, plumbing and property management services.
A mid-sized property management, brokerage and construction firm based in South Florida
Learn more about our Construction/ Project Accounting Services
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Useful Links
Services
Industries
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US Office
244 Fifth Avenue, Suite P228, New York, NY 10001, USA
453 S Spring Street Ste 400 PMB1245 Los Angeles, CA 90013
IND Office
E 46/8, Okhla Phase II, New Delhi -110020, India
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