Accounting
Accountants for Construction Firms.
Your Construction Accounting Specialist
Book a free
30-minute discovery call
with us to see how
we can help you
with your construction
firm’s accounting needs.
Book a free
30-minute discovery call
with us to see how
we can help you
with your construction
firm’s accounting needs.
As your business grows, so do the demands on your time. You need an expert in construction accounting to ensure your finances are managed efficiently and accurately, freeing you up to focus on what you do best – building projects!
Our team of qualified accountants have extensive experience working with construction businesses of all sizes, from one-man bands to large national companies. We can tailor our services to suit your individual needs, whether you require full outsourcing of your accounts or just a few hours of construction accounting advice each month.
Our Accounting Services For Construction Firms
At Walker Hill, we are on a mission to make construction accounting easy for business owners. Our passion for helping construction industry businesses and property developers stems from our experience in the sector – we know first-hand how complex and time-consuming construction accounting can be!
We offer our clients comprehensive services, from bookkeeping and tax returns to advice on cash flow and funding options. We will work with you to understand your specific needs and put together a bespoke package of services that will save you time and money.
Here are just some of the ways we can help your construction firm:
Accurate tax payments
If you are looking for a way to boost your business, correctly filing your taxes is vital. Construction firms must file their taxes correctly and on time at the end of the financial year. With our experienced accountants, we can guarantee your tax compliance with ATO standards.
Cash Flow Management
Construction businesses often experience peaks and troughs in their cash flow. This can make it challenging to manage your finances and plan for the future. Our construction accountants can help you to even out your cash flow by advising on the best invoicing and payment terms for your customers and helping you access funding when you need it most.
Better record-keeping
Good record-keeping is essential for any business, but it is especially important in the building and construction industry. Accurate records are essential for correctly filing taxes, applying for loans and tenders, and managing your cash flow. Our team can help you to set up a system that works for you and your business so that you can focus on the more essential things.
Other Key Services We Can Help Construction Firms With
While the three services above are some of the most popular among our building and construction clients, we also offer various other accounting and business advisory services. These include:
Financial statements and reporting
Accurate financial statements are the key to making informed decisions about your construction business and maximising profits. We can prepare monthly or annual statements for you and advise you on how to interpret and use the data to make better decisions for your business.
Advice on tenders and contracts
When bidding for tenders or negotiating contracts, it is crucial to understand the financial implications clearly. Our accountants can help you understand the numbers to make the best decisions for your business.
Benchmarking and KPI reporting
To improve your construction business, you need to know where you currently stand. We can help you to benchmark your performance against other building and construction businesses and set up key performance indicators (KPIs) so that you can track your progress over time.
Budgeting and forecasting
It is essential to clearly understand your construction firm’s financial future to make informed investments, staffing, and other strategic decisions. Our accountants can help you create a budget and forecast for your business through financial planning so you can confidently plan ahead, including tax obligations and superannuation.
Advice on funding options
If you are looking for funding for your construction business, our accountants can help you to understand your options and choose the best option for your needs. We can also help you create a strong business case to present to potential lenders.
Why Choose Our Construction Accounting Services?
When you choose Walker Hill for your construction firm’s accounting needs, you can be sure that you are getting the best possible service.
Here are just some of the things that set us apart from other accounting firms:
Team of Chartered Accountants
All of our accountants are chartered, meaning they have the highest qualifications and experience. They all have certificates from the Tax Practitioners Board, which gives them the authority to represent you in front of the ATO.
Extensive experience in construction accounting
We have a dedicated team of accountants with extensive experience working with construction businesses. This means we understand the unique challenges that construction firms face and can provide tailored solutions to save you time and money.
Bespoke services
We know that no two construction businesses are the same. That’s why we offer bespoke accounting packages tailored to your specific needs. This means you only pay for the services you need and nothing more.
Fixed-price packages
We believe in transparency and honesty when it comes to our prices. That’s why we offer fixed-price packages for all of our services, so you know exactly what you’re getting and how much it will cost.
Xero specialist certification
All our accountants are Xero-certified, meaning they have the skills and experience to get the most out of this powerful accounting software. Xero is the perfect solution for construction businesses, as it is designed to save you time and money.
Xero Partner and Finalist.
Xero Accounting Partner of the Year Finalist FY22
Find a Construction Accountant Today
Our goal is to make your life as a construction business owner easier by taking care of all your accounting needs. From bookkeeping to tax planning, we’ve got you covered.
To find out more about our services or to get started, book a 30-minute consultation with one of our accountants today.
Let’s talk about accounting.
Book a discovery call with
Walker Hill Accounting today.
Book a 30-minute discovery call above or fill in the enquiry form below, and one of our team will be in touch shortly!
