Industries · Construction

Build the backlog. Keep the margin. Bank the profit.

Senior financial leadership built for contractors — WIP discipline, cash-flow and bonding strategy, and clean, defensible numbers. And when it's time to buy, sell, or recapitalize, the same team runs the deal.

Request an intro call Is this a fit?
The problem

Revenue grows. The cash and the margin don't follow.

Even well-run contractors net only about 5–8 cents on the dollar. At those margins, a few points of fade, a slow-paying owner, or an over-billed job that catches up with you is the difference between a good year and a scramble.

As a contractor scales past a few million in revenue, the old way of running finance — a bookkeeper, a tax CPA, and gut feel — stops keeping up. Cash flow starts to mask profitability. The WIP schedule drifts from reality. Bonding capacity caps the backlog you can chase. And nobody in the building is translating the numbers into decisions.

That's the gap we fill.

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Where it usually hurts

  • Profit on paper, no cash in the bank
  • Over-billings masking true job margin
  • Margin fade nobody saw coming
  • Bonding capacity capping the backlog
  • Month-end close weeks behind reality
  • Equipment buy-vs-lease decided on gut
Why construction is different

A generic CFO doesn't speak construction.

Construction accounting runs on its own rules. The advisor you want has lived in them — not learned them on your dime.

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Percentage-of-completion

Revenue recognized as you build — where over- and under-billings quietly distort what you've really earned.

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Retainage & cash timing

Cash held back for months and pay-when-paid cycles that strain working capital even on profitable jobs.

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Bonding & surety

Your balance sheet and WIP decide the backlog you can carry. Sureties want debt-to-equity under 1.0.

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Job-level truth

Company margins hide the story. The money is won or lost one job, one change order, one estimate at a time.

What we do

Run the finances now. Run the deal when it's time.

Most firms do one or the other. We carry you through both — the years of building the business, and the moment you transact.

Run & grow — Fractional CFO & Client Accounting
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Fractional CFO

Senior financial leadership without the full-time hire — translating the numbers into decisions you can act on.

  • Margin & pricing strategy
  • Bonding & surety optimization
  • Capital allocation & equipment buy-vs-lease
  • Owner coaching & board reporting
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WIP & Job-Cost Discipline

A WIP schedule you and your surety can trust — reviewed monthly, tied to real job cost.

  • Monthly WIP & over/under-billing review
  • Job costing & margin tracking
  • Change-order & claims discipline
  • Close you can rely on, on time
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Cash-Flow Command

Forward-looking cash visibility so growth never outruns the bank balance.

  • 13-week rolling cash forecast
  • Working-capital & retainage planning
  • Backlog-funded growth modeling
  • Banking & credit-line conversations
When it's time to transact — Transaction Advisory
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Sell-Side Readiness & QoE

Get deal-ready and control the narrative — a clean, defensible earnings picture before a buyer's diligence tests it.

  • Quality of Earnings
  • WIP & backlog substantiation
  • Normalized, sustainable margins
  • Working-capital peg support
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Buy-Side Diligence

Buying a competitor or a complementary trade? Know exactly what you're acquiring before you sign.

  • Buy-side quality of earnings
  • Backlog & pipeline durability
  • Add-on margin & integration risk
  • Deal-structure & financing input
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Valuation & Recap

Independent, defensible valuations — for a sale, a buy-in, estate planning, or a recapitalization.

  • Independent business valuation
  • Opening balance sheet / ASC 805
  • Post-acquisition integration
  • 100-day finance plan
5–8%
net margin we help protect & expand
13-wk
rolling cash visibility, always current
120+
transactions supported firm-wide
How we work

From first look to full control.

A senior-led process with a predictable rhythm — so you always know what's happening and what's next.

1

Discovery

A working session on your business, your backlog, and what a win looks like for you.

2

Deep dive

We rebuild the WIP, job costing, and cash picture to establish the real baseline.

3

Stand it up

Reporting, forecast, and the cadence that keep the numbers current and decision-ready.

4

Run the rhythm

Monthly reviews and a standing line to your CFO — margin, cash, and bonding, on repeat.

5

Be ready to transact

When a buy, sell, or recap appears, your numbers are already deal-ready — and we run it.

Is this a fit?

Built for contractors ready to scale.

We do our best work with owner-led construction businesses serious about margin, cash, and what the company is worth. We're candid when we're not the right call.

A strong fit

  • GC, heavy civil, earthwork, or specialty trade
  • Growing past where gut-feel finance keeps up
  • Owner-led, with real backlog and ambition
  • Wants WIP, cash, and bonding under control
  • Thinking about a sale, buy-in, or acquisition

Probably not yet

  • Pre-revenue or very early stage
  • Just needs a bookkeeper or tax filing
  • Looking for the lowest-cost hourly option
  • Not ready to change how finance is run
  • No interest in margin, cash, or value
Sample analysis

What the numbers can reveal.

The gap between estimated and actual margin is margin fade. We quantify it across the job portfolio to show sustainable earnings — not optimistic ones.

Construction margin fade sample analysis chart
Representative engagement

The kind of work we do here.

An owner planning an exit engaged us to get deal-ready. We rebuilt the WIP schedule, normalized over- and under-billings, tested backlog durability, and produced a clean, defensible earnings picture — so the owner controlled the narrative and protected value through diligence.

Illustrative example

Let's pressure-test your numbers.

Whether you're scaling the backlog or eyeing a transaction, a short conversation is often all it takes to see the path clearly.

Book an intro call