Fractional CFO for Construction Contractors
I assist general and specialty contractors with revenues between $3M and $50M in achieving effective WIP control, cash flow forecasting, and enhanced job profitability within just 90 days.
I assist general and specialty contractors with revenues between $3M and $50M in achieving effective WIP control, cash flow forecasting, and enhanced job profitability within just 90 days.
I assist general and specialty contractors with revenues between $3M and $50M who require a robust finance function but aren't yet ready to hire a full-time CFO. My focus is on improving contractor financial management, particularly through effective cash flow forecasting and WIP control.
Typical clients include:
- General Contractors
- Electrical
- HVAC / Mechanical
- Plumbing
- Low Voltage / Fire
- Concrete
- Framing
- Other Specialty Contractors
Most clients approach me when their growth outpaces their current accounting processes.
1. Inaccurate WIP control
Jobs appear profitable until they aren't. Inconsistencies in cost-to-complete updates arise, leaving project managers and accounting misaligned. As a result, surprises emerge late in the process.
2. Unpredictable cash flow forecasting
Receivables spike while payables accumulate, causing owners to operate in the dark beyond 30 days. Cash swings become the norm rather than the exception.
3. Slow or incomplete monthly reporting
Financial reports are often unreliable or arrive late. This leads to decisions driven by instinct instead of data, ultimately resulting in margin fade and poor project selection, which can be mitigated with better contractor financial management.
A structured rebuild that provides you with accurate WIP control, reliable cash flow forecasting, and a clean monthly reporting cadence for effective contractor financial management.
Weeks 1–3
Review the WIP control process and the cost-to-complete logic to enhance contractor financial management. Map cash inflows and outflows to improve cash flow forecasting. Clean up the chart of accounts and job cost structure to ensure accuracy. Identify control gaps and reporting issues to strengthen overall financial oversight.
Weeks 4–8
Rebuild the WIP model to enhance WIP control, ensuring effective contractor financial management. Install a 13-week cash flow forecasting system to improve financial visibility. Standardize the monthly close checklist for consistency. Implement dashboards for monitoring margin, backlog, and overhead.
Weeks 9–12
Train PMs and accounting on cash flow forecasting techniques and contractor financial management strategies. Align the monthly reporting cadence to ensure WIP control is maintained. Establish a monthly review meeting to discuss progress and finalize the playbook and process handoff.
Start with a quick finance assessment to confirm fit, which is essential for effective contractor financial management. Most contractors complete this assessment in under 15 minutes, allowing them to better understand their cash flow forecasting and improve WIP control.
Most clients continue on a monthly cadence to maintain control and support growth in their contractor financial management. The systems built in the first 90 days become the backbone of ongoing financial management, ensuring effective WIP control. Monthly support typically includes: WIP review, cash flow forecasting, financial statement review, job profitability analysis, and CFO advisory for owners. Clear reporting leads to better decisions and no surprises.
Industry specialization I work exclusively with general and specialty contractors, offering tailored contractor financial management solutions. No generic finance advice here; everything is specifically designed for the construction trades. Operational focus I sit at the intersection of owners, PMs, and accounting, ensuring that our work is practical and applicable, not just theoretical. Simple tools Our Excel-based WIP control, cash flow forecasting, and dashboards empower your team to manage their tasks independently without outside dependency. Clarity and consistency We maintain a reporting cadence that keeps owners informed and PMs accountable each month. Proven structure Our 90-day system stabilizes WIP, cash flow, and reporting, seamlessly transitioning into a long-term cadence.
Start with a quick finance assessment to confirm fit, which is essential for effective contractor financial management. Most contractors complete this assessment in under 15 minutes, allowing them to better understand their cash flow forecasting and improve WIP control.
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