Undertake new projects with a team of CFOs committed to managing the finances.
Whether you’re a builder or subcontractor, Delegate CFO services provide exceptional industry knowledge and financial acumen to boost your profits and optimize your bottom line. We collaborate with you to establish or refine your internal financial reporting and controls, streamlining the process of generating the necessary financials for bonds, funding or owners.
WHAT WE CAN DO FOR YOU
Our approach is proactive and personal. We invest time in understanding you, your business, and your unique needs and objectives. We analyze job costing, over/under billings, profit margins, and job borrowing costs. We tailor our Virtual CFO services to each construction client, from strengthening the WIP schedule to analyzing the gross margin by job, location, and everything in-between.
WHO WE WORK WITH
OUR EXPERIENCE
We’ve been working with business owners and companies in the construction industry for over 20+ years. Here are a couple of their stories
ENHANCED THE WIP SCHEDULE AND REPORTING
Our construction client was using an industry leading accounting software. The jobs were set up properly in the software, however there was a disconnect between the WIP schedule and the financial reporting. We were able to identify where the issues were arising and we able to get the client usable monthly financial statements. This then facilitated an accurate budget and forecast the client was able to use for the current year.
BETTER EFFICIENCIES ON JOBS
Our construction client was running into a cash shortage position prior to hiring us. We were able to identify issues with the WIP and budgeting process. These corrections allowed the client to be able to monitor jobs that were going to a loss position and determine whether the job needed change orders or closer supervision. The client was able to enhance their bidding process as well as establish a true cash reserve.
We offer three different service levels, each with additional a-la-carte services that can be added on, so you only pay for exactly what you want and need.
Our Virtual CFO service provides year-round strategy by partnering you with a Virtual CFO and a remote accounting team. Our Virtual CFO services provide companies with insight into their future. Unlike traditional accounting—which is a representation of the money that has already come into a business or has been spent by a company— Virtual CFO goes further. It addresses how companies project and plan the business’s future to enable growth and to reach its full potential.
If you have a growing business that needs professional financial advice but don’t need a full-time CFO or controller, our Virtual CFO service is a perfect fit.
Our Virtual Controller is an accountant responsible for making sure accounting records are complete and accurate. With the aid of a Virtual Controller, a company gains insight into the financial health of the business at any point. They help your company grow financially. Careful, clear planning and transparent data enable companies to achieve their goals.
If you’re a growing business that needs professional financial advice don’t need a full-time Controller, our Controller service is a perfect fit.
Our Virtual Accounting Manager takes over where your bookkeeper leaves off. We review the information at month end close and adjust to accrual accounting. Essentially, we perform a ‘mini-audit’ each month to ensure information is complete and accurate. Without accurate financial statements, a business cannot react properly to the business environment.
If you’re a growing business that needs professional financial advice, our Accounting Manager service is a perfect fit.
Delegate CFO promises we will never hide our pricing or charge you ‘hourly billing’ rates. Our fees are fixed and based on your company’s specific needs. Our pricing is fixed for 12 months and you are never billed for miscellaneous items.
During our free consultation, we’ll discuss the services your company needs and your personal and professional goals. As an added benefit, all of our meetings are held virtually.
Looking for more detailed information on our virtual CFO charges and service packages?