Elite Plus AccountingElite Plus AccountingWith deep experience in project-based industries, we understand milestone billing, subcontractor costs, and R&D compliance.
Engineering projects don’t just involve invoices — they require managing milestone payments, subcontractors, R&D claims, payroll for technical teams, and compliance with industry regulations.
At Elite Plus Accounting, we understand the financial structure of engineering firms. We build cloud-based systems that give you accurate reporting, visibility over cash flow, and insights into project profitability.
Whether you’re a solo consulting engineer or running a large engineering practice, we’ll help you reduce admin, improve compliance, and make smarter business decisions.
Board packs, budgeting, and cash flow forecasts designed for engineering consultancies and multi-disciplinary firms — so you can plan confidently for growth.
We understand how engineering projects work — milestone billing, variations, subcontractor costs, and retention payments. Our accounting systems are built around project life cycles.
We help you measure project margins, track utilisation rates, and improve cost recovery — so your engineering practice grows without hidden losses.
Paperless invoicing, timesheet integration, and clear job costing systems that keep your engineers, project managers, and finance team on the same page.
At Elite Plus Accounting, we partner with engineers and engineering firms across Australia and New Zealand, helping them build strong financial foundations that support innovation and business growth. Our clients include:
Managing complex project budgets, government contracts, and cost recovery across multiple sites.
Tracking equipment costs, labour allocation, and client billing with clear, timely financial reporting.
Navigating project milestones, variations, and retention clauses with accurate cash flow forecasting.
Delivering management reports and financial planning tools that align with large-scale projects and long-term commitments.
The Challenge
A mid-sized civil engineering consultancy was facing significant challenges in tracking project profitability. Despite strong technical expertise, the firm struggled to clearly see how subcontractor expenses, staff hours, and variations were impacting job margins. Without accurate utilisation reporting, the directors often relied on estimates, which led to under-recovered costs, delayed billing, and uncertainty when tendering for new projects.
Our Approach
Elite Plus Accounting stepped in as a virtual CFO and financial controller on a part-time basis. We designed a customised job costing dashboard that linked directly with project timesheets, purchase orders, and subcontractor invoices. By integrating their accounting system with cloud-based reporting tools, we provided:
The Result
Within the first quarter, the firm improved recovery rates by 12%, directly boosting their bottom line without taking on additional projects. Directors gained confidence in their financial data, allowing them to bid more competitively on tenders while protecting margins. Cash flow improved thanks to faster and more accurate billing cycles, and the leadership team could finally focus on growth instead of chasing project data.
This case shows how the right blend of strategic CFO services and tailored reporting tools can transform an engineering firm’s financial clarity—without the cost of hiring a full-time CFO
We work with engineering firms across Australia and New Zealand — from civil and structural specialists to mechanical, electrical, and consulting engineers
“Elite Plus delivers the financial strategy and reporting engineers need to grow across Australia and New Zealand.”
Regional Engineering Business
“Monthly management reports give our consulting engineers the clarity to plan confidently and win more tenders.”
Design Engineering
“With a virtual CFO, our mechanical engineering business boosted margins without the cost of hiring full time.”
Mechanical & Electrical Engineers
“Our structural engineering practice now has clear financial reporting and better subcontractor cost control.”
Structural Firm
“Elite Plus Accounting helped us track project costs and improve recovery rates across our civil engineering jobs.”
Civil Engineering Firm
Our virtual CFO and accounting services help engineering firms track every dollar, improve recovery rates, and grow with confidence across Australia and New Zealand.
We work with Xero, QuickBooks, and Fathom dashboards, tailoring reports for project-driven businesses like engineering.
Yes — from faster invoicing to recovery rate checks, we build systems that protect cash flow and reduce project funding gaps
Yes — we work with civil, structural, mechanical, electrical, and consulting engineers across Australia and New Zealand, helping manage project costs, subcontractors, and recovery rates.
We integrate subcontractor invoices and project variations into your accounting system, ensuring nothing is missed and all recoveries are billed correctly.
Yes — we support engineering businesses in metro and regional areas across both countries with remote and cloud-based financial services.
