dcsimg

Career Story: Business Manager For A Residential Remodeling Company

Business Manager For A Residential Remodeling Company

Job Title: Business Manager For Residential Remodeling Company

Type of Company: My company is a design/build construction company, specializing in residential remodeling.

Education: High School degree, plus 2 years college

Previous Experience: I worked for a wood shutter & door company for about 10 years, followed by a few years at a commercial building company, then back to window coverings for 4 years, lead me to my current job at a residential remodeling company.

Job Tasks: My main responsibility is to supervise the finances of our company. This includes: accounts payable - supervising my assistant in the process of posting, approving, then paying subcontractor and vendor bills; accounts receivable - invoicing clients and following up with statements; and handling payroll for our employees - collecting hourly time cards and sending info into our payroll company twice a month, and maintaining all payroll records.

Because we are a small company, I manage HR - which includes employee benefits such as health insurance, our retirement plan, vacation schedules, and paperwork involved with hiring and termination of employees.

I also work with the project managers in estimating and pricing our projects. This includes compiling the bids from subcontractors and vendors into a proposal for our clients, and writing the project scope and contract. Once projects are started I work with the project managers doing change orders - this includes pricing and writing up an addendum to the contract for clients' signature as changes come up. At the end, at project close out, we send a final invoice, and conduct a post project interview with our clients.

I also work with the owner on marketing, such as print ads, our web site, site signs and letterhead, etc. Selecting which magazines we want to advertise in and designing new ads is fun, but time consuming. We also try to enter as many builder contests as possible.

Best and Worst Parts of the Job: The thing I like best about my job is the variety. Also, it is fun to be involved in the process of making someone's home nicer. Often I'm at the clients' home before we start the job to meet the subcontractors for the bidding. Then, when the job is done and I go for the post project interview, I love seeing the transformation. It is also fun to enter contests, because we often win. It is fun to see our work compared to others in the field.

Job Tips:
1. For the accounting and HR, it would help me if I had more education in finance and human resources. I keep up to date through seminars, reading and research, and with guidance from our accountant.

2. For project cost tracking, it helps to have really good software. We use Peachtree Accounting for Construction.

3. For the construction pricing end of things, it would probably help to have background in carpentry or any of the other residential building trades.

Additional Thoughts: I've been at my current job for over 11 years. I think what has helped me is that I've been willing to try new things. Almost everything I do has been learned on the job, but my previous experience helped. Also, at my present job, we focus on working as a team. This is a really nice approach that makes coming to work fun.

Popular Schools offering Finance Programs

quickinfoThese schools offer particularly quick info upon request, and we have written detailed profiles for each (click school names to see the profiles).

Request info from multiple schools, by clicking the Request Info links.

Matching School Ads

Earn your graduate degree online with Northcentral University.

  • Programs: Financial Management - D.B.A., Financial Management - PhD in Bus. Admin., Advanced Accounting - PhD in Bus. Admin., more...
  • Degrees: Doctorate, Master

Study online with University of Maryland at College Park.

  • Programs: MBA - Finance, MBA - Accounting, MBA - General
  • Degrees: Master

Liberty University provides a world-class education with a solid Christian foundation, equipping men and women with the values, knowledge, and skills essential for success in every aspect of life.

  • Programs: BS in Business - Finance , CERT: Accounting, AA in Accounting, more...
  • Degrees: Bachelor, Certificate, Associate, Master
California College San Diego
National City, San Diego, San Marcos

The Secret to Getting Ahead is Getting Started

  • Programs: Business Management & Accounting (AAS), Accounting (BS), Business Management & Accounting - Property Management (AAS), more...
  • Degrees: Associate, Bachelor

Earn your Master's degree online from Norwich University.

  • Programs: Master of Business Administration Online
  • Degrees: Master
San Joaquin Valley College
Bakersfield, Delano, Hanford, Hesperia, Lancaster, Madera, Ontario, Salida, Temecula, Visalia

San Joaquin Valley College - A Private Junior College.

  • Programs: Degree - Business Administration (Accounting) , Certificate - Business Administration (Accounting), Certificate - Business Administration (Management), more...
  • Degrees: Associate, Certificate

Designed with the needs of working adult students in mind, South University, Online Programs is built on the similar curriculum offered at South University's campus locations. As a student at South University, Online Programs you will receive the same quality instruction, variety of learning options and level of service found at the campus locations.

  • Programs: Accounting (MS), Business Administration (BBA), Business Administration (AMBA)
  • Degrees: Master, Bachelor

Iowa Wesleyan University is a transformational learning community whose passion is to educate, empower and inspire students to lead meaningful lives and careers.

  • Programs: Bachelor of Science in Business Administration
  • Degrees: Bachelor

You can get started on a new career with Institute of Technology.

For more information about our graduation rates, the median debt of students who completed the program, and other important information, please visit our website at www.iot.edu/disclosure

  • Programs: Accounting
  • Degrees: Associate
  • Programs: Online Master of Business Administration
  • Degrees: Master
Matching School Ads
You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Financial Managers, including: