02 / 03 · Industry
Accounting for General Contractors and Construction Companies
Real margin per project, cash flow under control, payroll and licensing compliance.
The landscape
Industry challenges
- Margins getting tighter as material and labor costs rise quickly
- Difficulty knowing the real margin on each individual project
- Poorly structured job costing, mixing costs across different projects
- Complex payroll compliance, especially with subcontractors and worker classification
- Construction-specific licensing and regulatory requirements in Florida
Matluc’s role
How we help
- 01Detailed job costing, with margin calculated project by project
- 02Bookkeeping adapted to the construction cycle
- 03Payroll with compliance for employees and subcontractors
- 04Financial reports that show exactly where money is being made or lost
- 05Tax planning specific to the construction industry
- 06Due diligence support for a sale, succession, or partnership/JV
In practice
A construction company running 4 simultaneous projects couldn’t tell which one was actually profitable. We implemented project-level job costing, allowing the company to identify that one of the 4 projects was running at a loss before it even finished.
Built for the work
Led by a CPA who is also a licensed GC
Our founder, Carolina Noronha, is a CPA and a licensed General Contractor in Florida — which means we understand the operations on the job site, not just the numbers on paper.
Start a conversation
Let’s talk about your portfolio.
Schedule a consultation and we’ll map out how Matluc fits into your operation.