CompareComparison 03 of 04
Construction financial management, against an in-house hire.
At $15K to $15M the work has outgrown day-to-day bookkeeping, and a full-time finance hire is still a salary you have to feed every month.
In short
Construction financial management, against an in-house hire?
An in-house controller is a salary, benefits, software and a desk, and the seat is only as good as the one person in it. Construction financial management covers the same senior work: job costing, WIP, payroll compliance, tax and forecasting. The day rate starts at $75. We bill monthly and you can stop at any time.
Side by side6 lines
From $75 a day. Billed monthly, no lock-in.
A salary, benefits, software and a desk.
A team that does construction and nothing else.
One person, and whatever they happen to know.
The work continues when somebody is away.
The seat is empty when they leave.
Prepared and filed in-house under an Enrolled Agent.
Sent out to a CPA on top of the salary.
Footing, Structure or Keystone, moved when the work moves.
Renegotiated, or hired for a second time.
Kept, and coded to job, phase and cost code.
Kept, and usually the bulk of the seat.
ProofAdded at close
“Selling the business, our books were a mess. They cleaned up three years in eight weeks.”
Plumbing contractor, Houston TX
+$350,000
Questions3 answered
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01
Do I need a controller if I hire construction financial management?
Not necessarily. Most $15K to $15M contractors need two things: day-to-day recording and construction financial management. Together they cover the books and the strategy. Neither costs you a controller or a full-time CFO.
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02
What does ’fractional'. Mean?
It means you get senior CFO-level work on a part-time or retainer basis, rather than hiring a full-time executive. You get the decisions without the six-figure salary.
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03
Does this replace the person who records my transactions?
No. They work together. Day-to-day recording keeps the transactions straight. Construction financial management turns that data into job-level profit, cash forecasts and strategy.
NextAustin, Texas
Which job loses money right now?
You cannot see the profit on a job. You must calculate it.