Job Costing Fundamentals: Building a Roadmap for Project Profitability
Accurate job costing is one of the most important financial management practices for construction companies.
In this Construction Accounting University webinar, we'll break down the fundamentals of job costing and explore practical strategies that contractors can use to gain greater insight into project and company performance.
Accurate job costing is one of the most important financial management practices for construction companies. It provides visibility into project performance, helps identify issues before they impact profitability, and supports better decision-making across the business. By understanding where costs are incurred and how they affect project outcomes, contractors can improve forecasting, control expenses, and drive stronger financial results.
In this Construction Accounting University webinar, we’ll break down the fundamentals of job costing and explore practical strategies that contractors can use to gain greater insight into project and company performance.
Learning Objectives
Attendees will learn:
- The fundamentals of job costing and how it helps contractors measure and improve project profitability.
- The major cost categories used in construction accounting and how they contribute to accurate job cost tracking.
- Best practices for allocating and managing equipment-related costs within job budgets.
- How to use key job cost reports, including Work in Progress (WIP) reporting, to evaluate project health and support informed business decisions.
- Ways to leverage job costing data to improve financial visibility and drive more successful project outcomes.
About the Instructors
John Meibers, Vice President and General Manager, has been a leader at Deltek ComputerEase for over 26 years. In today’s rapidly changing, fast-paced world, a big part of John’s role is to ensure that Deltek ComputerEase equips its more than 6,000 contractor customers with the most cutting-edge technology. John’s dedication to educating the construction industry is highlighted by his leadership of Deltek’s Construction Accounting University series. Consisting of 12 sessions, the series has educated more than 12,000 industry professionals. He is a regular contributor to many industry publications such as Construction Business Owner, IEC Insights, Connector (SEAA), CFMA Connections and ABC NorCal’s Membership Update. Prior to Deltek ComputerEase, John spent 10 years working as a controller for a large mechanical contractor.
