Project accounting that protects every contract.
Job costing, contract revenue recognition (IFRS 15), retention tracking and multi-site payroll for civil, building and infrastructure contractors.
Where construction & contractors finance actually breaks.
We designed our practice around the everyday realities operators in this sector wrestle with.
Job costing per project
Labour, plant, materials and sub-contractors per site.
Revenue recognition (IFRS 15)
Percentage-of-completion vs milestone billing.
Retention & performance bonds
Cash locked with clients for months or years.
Site payroll & compliance
Rotating crews, cash advances and statutory obligations.
What happens when it's left unattended.
These are the failure modes we most commonly find in the first 30 days of every diagnostic.
Loss-making projects
Cost overruns discovered only at handover.
Revenue misstatement
Wrong POC calculations distort P&L and tax.
Retention slippage
Retentions unclaimed for years become bad debt.
Cash-flow crisis
Payables outrun receivables mid-project.
How Soteria solves it.
A senior-led engagement model with proven playbooks calibrated to your sector.
Job-cost ERP
Real-time actual-vs-budget per project, per cost element.
POC engine
IFRS 15 revenue and receivable positions calculated monthly.
Retention register
Every held-back naira tracked to release.
Site payroll module
Crew rosters, cash reconciliation and statutory filings.
The engagement mix that actually moves the needle.
Every service listed here can be delivered onsite, virtually or hybrid — bundled into a single monthly retainer.
What our construction & contractors clients walk away with.
Profitable projects
Overruns flagged in the week they occur.
Correct topline
POC revenue that survives audit scrutiny.
Retention recovered
Every held-back sum chased to release.
Predictable cash flow
Payables and receivables run in sync.
A civil engineering contractor with 11 active sites
Context. Two projects discovered loss-making at hand-over; retentions untracked.
What we did. Deployed job-cost ERP, POC engine and retention register.
“Our project managers now think in margins, not just milestones.”
Let's build the finance function construction & contractors deserve.
Book a complimentary 45-minute strategy session with a Soteria partner. No slides, no sales pitch — a working conversation about your books, your risks and your next move.