The Commitment and Responsibility of Financial Personnel in the Construction Industry During a Harsh Winter

Release time:

2024-12-30

The perseverance and responsibility of financial personnel in the construction industry during the winter season.

During the winter period of the construction industry, the importance of financial work becomes increasingly prominent. As financial personnel of the group, they bear the heavy responsibility of helping the enterprise through difficulties and need to approach their work from multiple aspects.

Capital management is the primary task. Closely monitor the company's cash flow, accurately prepare cash flow forecasts, and meticulously plan the inflow and outflow of each fund to ensure the stability of the capital chain. For example, reasonably arrange the payment rhythm of project funds, delay non-critical expenditures without affecting project progress and cooperative relationships, and prioritize necessary material procurement and personnel salary payments to avoid project stagnation due to cash shortages.

Cost control is key to saving expenses. By collaborating with various departments, deeply analyze the cost structure, strictly review the procurement costs of raw materials, negotiate with suppliers for better prices, and optimize procurement volumes to reduce costs; strengthen cost supervision at the construction site, eliminate waste, and firmly say "no" to unreasonable expenses! At the same time, refine the accounting of indirect costs, cut unnecessary administrative expenses, and improve the efficiency of fund utilization.

Risk management should not be overlooked. Strengthen the assessment and management of customer credit, establish a sound accounts receivable tracking mechanism, collect accounts receivable in a timely manner, and reduce bad debt risks. For newly undertaken projects, cautiously assess their profitability and capital recovery cycle, providing accurate financial risk warning information for corporate decision-making to avoid potential losses from blind bidding.

Tax planning needs to be more refined. Conduct in-depth research on tax policies, fully utilize tax incentives and exemptions, and legally reduce the tax burden on enterprises. For example, accurately grasp policies such as accelerated depreciation of fixed assets and additional deductions for R&D expenses to save tax expenditures for the enterprise within compliance, increasing fund retention.

During this difficult time, financial personnel should uphold professionalism and a high sense of responsibility, using rigorous financial data to support adjustments in corporate strategic decisions, such as providing strong support for optimizing business layout and expanding into emerging markets and fields. They should always adhere to breathing the same air and sharing the same fate with the enterprise, steadfastly holding their posts during the winter, and preparing adequately for the arrival of spring in the industry. (Lu Jingjing)

Walk and think, growing along the way.

"Golden" UK and China join forces on a journey, passion forges a new "brilliance".

Recommended news

2026-06-25

The Kuaike Haofudun project, undertaken by the Group, has officially entered production, and General Manager Zhang Jian was invited to attend the opening ceremony.

On the morning of June 25, the grand opening ceremony of Quake Haofudun Materials Technology (Suzhou) Co., Ltd. was held in the Zhangjiagang Free Trade Zone. Zhang Jian, General Manager of the Group, along with Deputy General Manager Shi Saicai and other invited guests, attended the event and jointly witnessed this significant milestone marking the project’s entry into production.

2026-06-24

The Group achieved excellent results in the preliminary round of the province-wide construction safety production knowledge competition.

Recently, the preliminary-round results of the province-wide construction‑site safety production knowledge competition were officially announced. The Group achieved an outstanding team performance, with six participants ranking in the top ten, placing first among all construction enterprises in the province.

2026-06-22

The Group’s Roche Pharmaceutical project employs air‑suspended air cushions to achieve non‑destructive construction.

In mid-June, the Roche Pharmaceuticals project, constructed by the Group’s Maosheng International Engineering Branch, successfully completed the indoor relocation of three 13-ton heavy-duty pieces of equipment within a high‑standard epoxy flooring area, utilizing an air‑suspension cushion‑lifting technique.

2026-06-10

Carrying forward the glory of military service, we uphold our spirit of dedication to peace and security.

On June 2, the “Carrying Forward the Glory of Military Service, Ensuring the Well-being of Veteran Soldiers” Care Foundation was officially established at the Qidong Municipal Bureau of Veterans Affairs and the Municipal Charity Federation, under the leadership of Gong Shancong, Deputy General Manager of the Group. The foundation aims to “show care for veterans, alleviate their difficulties, safeguard their health and well-being, and spread warmth throughout society.”

2026-06-05

The Group’s Roche Pharmaceutical Project has been awarded the One-Million-Safety-Hours Award.

On June 5, the Roche (Shanghai) Biopharmaceutical Production Base Project (Phase I) held a ceremony to celebrate reaching one million safe man-hours, and the Group was presented with a commemorative trophy.

2026-05-26

The Group convened a special meeting of the dedicated task force for major project services.

On the afternoon of May 25, the Group convened a special working meeting on major project services in the 16th-floor conference room, with senior management and all members of the Major Project Management Department in attendance. The meeting was chaired by Zhang Jian, General Manager of the Group.