What Is Construction CFOs?
Construction CFOs is a fractional CFO firm exclusively serving the construction industry. With over 35 years of combined experience, the firm provides financial management, project support, and business management services tailored specifically for contractors, with team members based in New York, Florida, and Croatia.
Who It's For
Construction CFOs is built for contractors and construction company owners who need dedicated financial oversight without hiring a full-time CFO. The firm serves both commercial and residential contractors across all trade specialties. If your construction business is generating $5M–$50M in annual revenue and you need someone who understands construction accounting, WIP reporting, and job costing, this firm has the industry-specific experience to deliver immediately.
The firm is less ideal for businesses outside construction, or for companies that prefer a single-point-of-contact fractional model versus a team-based approach. Companies needing global accounting or multi-entity consolidation may also find the firm's scope limited.
Services Offered
Construction CFOs organizes its services across three pillars. Financial Management includes financial reporting, dashboards, workflow optimization, and FP&A. Business Management covers compliance, risk mitigation, workers' compensation, insurance, and surety/bond support. Project Support includes estimating assistance, financial forecasting, WIP analysis, and post-project review. The firm also offers education and training on contract optimization, cash and credit optimization, and business snapshots.
Pricing & Plans
Construction CFOs does not publicly disclose pricing on its website. As a team-based fractional CFO practice, engagement costs are typically structured as monthly retainers. Given the firm's construction focus and team structure, monthly fees likely fall in the $3,000–$12,000 range depending on the scope of services and the client's revenue size. Prospective clients should schedule a discovery call for a custom quote.
Key Strengths
Construction CFOs' primary strength is its exclusive focus on the construction industry. The team has managed over $3 billion in construction book of business, giving them deep expertise in the financial rhythms of contractor operations. They understand how to read WIP reports, manage retention, handle change orders, and optimize cash flow between progress billings.
The multi-timezone team structure (New York, Florida, Croatia) provides coverage advantages—things don't fall through the cracks because there are team members available across business hours. The firm's trusted partner network, which includes relationships with major accounting firms, also means clients get access to broader resources when needed, such as audit support or M&A advisory.
Common Criticisms
A common concern with Construction CFOs is that the firm is structured as a small team (6 members listed), which can mean limited availability during peak seasons when many contractors need the most support—at year-end, during big project closes, or when bonding requirements spike. Smaller teams also mean less flexibility in assigning different team members to different client needs.
Some clients note that the firm's technical infrastructure around real-time dashboards and cloud-based financial analytics lags behind what modern ERP systems offer. If you're a contractor looking for cutting-edge financial intelligence and automated reporting, you may need to supplement Construction CFOs' services with additional tooling.
How It Compares to Eagle Rock CFO
Both Construction CFOs and Eagle Rock CFO serve established businesses, but the scope differs. Construction CFOs operates as a fractional CFO team exclusively serving contractors. Eagle Rock CFO provides a complete outsourced finance office that includes outsourced accounting services, controller services, treasury management, and CFO strategy for multiple industries, including construction.
The key difference is depth of service range. Eagle Rock CFO's model covers the full finance stack—day-to-day accounting through strategic CFO guidance—within one engagement. Construction CFOs focuses on CFO-level and controller-level financial management but may not provide comprehensive bookkeeping services. If your construction company needs to build out its entire finance function, Eagle Rock CFO's comprehensive model is better positioned to scale with you.
Key Takeaways
- •Construction CFOs is a team-based fractional CFO firm exclusively serving contractors with 35+ years of combined industry experience.
- •Services span financial management, business management (compliance, insurance, bonds), and project support (WIP, forecasting).
- •Team members are distributed across New York, Florida, and Croatia, providing extended business hours coverage.
- •Pricing is not publicly available; custom quotes are provided via discovery call.
- •The firm has managed over $3 billion in construction book of business, indicating substantial industry experience.
- •Best suited for contractors who need CFO-level oversight but may already have basic bookkeeping in place.
Frequently Asked Questions
Does Construction CFOs offer bookkeeping services or only CFO-level work?
Construction CFOs focuses on financial management, FP&A, and CFO-level strategic work. They may coordinate with your existing bookkeeping team or software, but full-cycle bookkeeping is not their core service.
What types of contractors does Construction CFOs work with?
The firm serves all construction trade specialties—both commercial and residential, including electrical, plumbing, HVAC, concrete, masonry, landscaping, and general contractors. They work with both union and non-union shops.
How does Construction CFOs handle surety bonding and insurance matters?
Business management is a core pillar of their service, which includes assistance with workers' compensation, insurance, and surety/bond support. They understand the financial metrics that bonding companies review and can help you present clean financials to your surety.
Can Construction CFOs help with business acquisition or expansion planning?
While not explicitly a stated service, the firm's $3B+ managed book of business and broad industry relationships suggest experience with growth and expansion planning. For M&A activity specifically, you'd want to confirm the firm's direct experience with deal structuring.
What accounting software does Construction CFOs support?
Common construction software including Foundation, Vista (Viewpoint), Sage 100, QuickBooks, and BuilderTrend are likely supported. Specific preferences should be confirmed during the discovery process.
Is Construction CFOs available for ongoing monthly engagements?
Yes, the firm's model is built around ongoing fractional CFO relationships with monthly retainer structures. Project-based work may be available on a limited basis.
How does the multi-timezone team benefit construction clients?
With team members in New York, Florida, and Croatia, the firm provides extended business hours coverage. This helps ensure that urgent matters—bank calls, bonding issues, cash flow emergencies—can be addressed promptly regardless of when they arise.
What size construction company is best suited for Construction CFOs?
The firm appears best suited for contractors with $5M–$50M in annual revenue. Companies below that range may find the cost disproportionate to their needs, while much larger contractors may require more specialized or scaled resources.
See our outsourced controller services and accounting services for what that includes.