Fractional CFO Services for Construction
We help Ohio contractors with WIP reports, percentage-of-completion accounting, job cost tracking, retainage, cash flow forecasting, and bonding-ready financials. Ideal for companies doing $2M-$20M who have outgrown bookkeeping but aren't ready for a full-time $150k CFO
Specialized Fractional CFO Services for Construction & Law Firms in Ohio
As an Ohio fractional CFO and Cleveland fractional CFO serving clients on-site and remotely across the U.S., CBC 123, LLC provides specialized construction CFO services for contractors and trades doing $2M-$20M who have outgrown basic bookkeeping. As a fractional CFO for construction companies, I act as your WIP reporting and job costing expert and outsourced controller for contractors — handling percentage-of-completion accounting, WIP reports, job cost tracking, retainage, cash flow forecasting, and bonding-ready financials. We are also a trusted fractional CFO for law firms and IOLTA compliance accountant, supporting trust accounting, IOLTA/IOLA reconciliation, and matter-based profitability. Need a reset? We also offer QuickBooks cleanup for construction companies, rebuilding your chart of accounts, reconciling your books, and hosting your files so you have accurate, real-time numbers you can actually use to make decisions
Inflow/Outflow Control
We implement rigorous monitoring systems to synchronize customer progress payments with subcontractor disbursements, ensuring your operational treasury remains balanced throughout the project lifecycle.
Cash Flow Management Strategy
Project-Based Cycles
Manage the complexities of retainage, long lead-time material purchases, and milestone-based billings with specialized forecasting that mirrors the actual peaks and valleys of construction production.
Liquidity Planning
Establish short-term cash reserves and strategic credit line utilization to safeguard your firm against unexpected delays or mobilization costs, maintaining solvency through every phase of growth.
Budgeting & Rolling Forecasts
Annual Budgets
We establish comprehensive annual budgets that align with your firm's operational goals, providing a solid financial roadmap for the fiscal year while accounting for seasonal construction shifts and labor overhead.
Rolling Forecasts
Construction is dynamic. Our rolling forecasts adapt to project-based cash cycles, ensuring your liquidity planning remains accurate as job schedules and resource requirements evolve.
Scenario Planning
We elaborate on potential financial outcomes through scenario planning, helping you prepare for material cost fluctuations, project delays, or unexpected backlog health changes.
KPI Metrics Monitoring & Financial Oversight
Job Margins
We track real-time job profitability and gross margin health across all projects. By analyzing variances between estimated and actual costs, we help you identify slippage early and protect your project returns.
Backlog Health
Monitoring your pipeline to ensure a steady workflow and revenue stream. We measure backlog-to-revenue ratios and burn rates to ensure your firm has the right volume of work to sustain overhead and growth.
AR/AP Aging
Construction cycles depend on timely payments. We rigorously monitor accounts receivable aging to reduce DSO and manage accounts payable to leverage vendor terms, ensuring your working capital remains optimized.
Financial Oversight
Strategic leadership over your entire financial landscape. We provide monthly oversight meetings to review balance sheet strength, overhead efficiency, and bonding capacity, ensuring your firm is always bank-ready.
We help Ohio contractors with WIP reports, percentage-of-completion accounting, job cost tracking, retainage, cash flow forecasting, and bonding-ready financials. Ideal for companies doing $2M-$20M who have outgrown bookkeeping but aren't ready for a full-time $150k CFO
Secure Your Firm’s Future
Partner with a specialist who understands the unique financial landscape of construction. Let's discuss a fractional controller plan that brings precision to your cash flow and strength to your margins.