Fractional CFO Services for Construction Companies

Salisbury Bookkeeping provides fractional CFO services built exclusively for contractors doing $500K–$10M in annual revenue. We deliver job costing, WIP schedules, 13-week cash flow forecasts, and project management software integrations — the same financial oversight a $150K hire provides, starting at $1,500 per month.

Financial leadership you can actually afford — and trust.

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Last updated: March 15, 2026

What is a fractional CFO for construction? A fractional CFO is a part-time financial executive who provides controller-level oversight to construction companies without the cost of a full-time hire. Salisbury Bookkeeping specializes in helping growing construction companies move beyond basic bookkeeping into controller-level financial clarity and control. Services include construction job costing, Work-in-Process (WIP) reporting, percentage-of-completion revenue recognition, 13-week cash flow forecasting, and integration of project management tools like Buildertrend, Procore, CoConstruct, and Knowify with QuickBooks Online.

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Answer 7 quick questions. We'll tell you if a fractional CFO makes sense for your business — or if there's a smarter next step.

What Is a Fractional CFO for Construction Companies?

Most contractors in the $500K–$10M range hit a gap we call the "Graduation Gap." They've outgrown a basic bookkeeper but can't justify a $100K–$150K full-time financial hire. A fractional CFO fills that gap.

A bookkeeper records what already happened. They categorize expenses, reconcile your bank account, and help you file taxes. They look backward.

A fractional CFO helps you see what's coming. They analyze job profitability, forecast your cash flow, produce WIP schedules for bonding, and catch financial problems before they cost you money. They look forward.

"Fractional" means you get CFO-level financial oversight without hiring someone full-time. You pay for what you need — not a six-figure salary plus benefits.

The bottom line: Most contractors have a bookkeeper who tracks the past. What they actually need is someone who helps them predict the future. That's the gap Salisbury Bookkeeping's financial system fills — using NAHB Chart of Accounts standards, construction-specific QuickBooks configurations, and real-time project data.

Imagine having someone who sees the financial problems coming before they hit — and helps you avoid them. That's the kind of protected you should feel.

What Salisbury Bookkeeping Delivers as Your Fractional CFO

Four capabilities that change everything about how you see your finances.

Real-Time Job Cost Tracking

The problem: You don't know if you're making money until the job is done.

We build and maintain WIP schedules that track the exact value of every project while it's still in progress. You'll see if you're ahead or behind before it's too late to fix.

Know exactly how much cash is yours vs. the project's
Spot cost overruns in real-time, not months later
Get reports banks and bonding companies actually want

Feel in control while the job is still happening.

Percentage-of-Completion Revenue Recognition

The problem: Recognizing revenue by "invoices sent" gives you a false picture of profit.

We set up your books to recognize revenue based on actual field progress — not just what you've billed. This gives you a true picture of where you stand on every job.

Compliant with what banks and sureties expect
Revenue matches actual field progress
No more "phantom profit" surprises

Feel confident your numbers reflect reality.

13-Week Cash Flow Forecasting

The problem: "I have money in the bank, but I can't pay my subs."

We build a rolling 13-week forecast that shows exactly what's coming — payroll, material draws, retainage payouts — so you see cash crunches weeks before they hit.

Know your cash position 2–3 months ahead
Track when retainage is coming due
Make hiring and equipment decisions with confidence

Feel calm knowing what's coming — no more scrambles.

Field-to-Office Software Integration

The problem: Your project management software says one thing, your QuickBooks says another.

We sync your cost codes in Buildertrend, Procore, CoConstruct, or Knowify with QuickBooks Online. No more double entry. No more data that doesn't match.

Enter data once, see it everywhere
Eliminate data entry errors and duplicates
Real-time visibility across all systems

Feel relieved that everything finally matches.

Bookkeeper vs. Fractional CFO vs. Full-Time CFO

Most contractors are stuck with a bookkeeper when they actually need a fractional CFO. Here's how the three compare.

Capability	Basic Bookkeeper	Fractional CFO (Salisbury Bookkeeping)	Full-Time CFO
Records transactions	✓	✓	✓
Construction job costing by phase	—	✓	✓
WIP schedules for bonding	—	✓	✓
13-week cash flow forecast	—	✓	✓
PM software integration	—	✓	Maybe
Real-time financial dashboards	—	✓	✓
NAHB Chart of Accounts expertise	Rarely	Always	Sometimes
Typical annual cost	$12K–$24K	$18K–$48K	$100K–$200K+

Not Sure Where You Fall?

Our free Profit Leak Finder assessment typically uncovers $10K–$50K in missed revenue. No obligation.

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Results Construction Companies Typically See

Based on real client engagements with contractors in the $500K–$10M range.

$28K

Recovered Revenue
(first 60 days)

21 Days

Faster Collections
(AR improvement)

3×

ROI on Services
(typical first year)

$137K

Total Year-One
Financial Impact

★★★★★

"Within 60 days, they found over $8,000 in unbilled change orders we didn't even know about. The system they built gave us real-time visibility into every job. We went from guessing to knowing."

— Zach, Custom Home Builder, $2M–$3M Revenue

★★★★★

"They found $34,000 in forgotten retainage in our first quarter alone. That more than covered the entire first year of service. I just wish we had started sooner."

— Rachel K., Electrical Subcontractor, $2M–$3M Revenue

★★★★★

"For the first time in 8 years, I actually know what my cash position will be next month. Not a guess — I know. Bank conversations are easier, and I finally trust my numbers."

— Adam, Commercial Contractor, $3M–$5M Revenue

★★★★★

"The assessment alone showed us $22K we were leaving on the table. No pressure, just facts. Now we have weekly job cost reports and I can bid new projects with real historical data."

— Dave, Residential Remodeler, $1M–$2M Revenue

★★★★★

"We were using Procore for field management but nothing connected to QuickBooks. Salisbury built the integration in under 30 days. Now we enter data once and it flows everywhere."

— Marcus T., General Contractor, $4M–$6M Revenue

Fractional CFO Pricing for Contractors

Transparent pricing. No hidden fees. Setup fees depend on QuickBooks catch-up complexity. Most clients see 3× ROI in year one.

Profit Leak Finder

Free

Assessment

We audit your books and show you exactly where revenue is leaking. Most contractors uncover $10K–$50K in the first conversation.

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Only the Essentials

$500–$1,500/mo

+ $2,000–$5,000 setup

Clean books, monthly reconciliation, and basic job costing for contractors doing $500K–$1.5M who need solid fundamentals.

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Recommended

Financial Command Center

$1,500–$4,000/mo

+ $2,000–$7,000 setup

Full fractional CFO system: job costing, cash flow forecasting, WIP schedules, dashboards, PM integrations, and quarterly strategy.

Schedule Assessment

Rapid Recovery

$4,000/mo

+ $8,000 setup

For contractors in crisis or rapid growth. Intensive cleanup, fast integration, and full financial system build in 60 days.

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Based in Utah, Serving Contractors Nationwide

Salisbury Bookkeeping is headquartered in Eagle Mountain, Utah. All services are cloud-based — we work with home builders, commercial contractors, and specialty trades across the country.

Eagle Mountain, Utah • Serving GCs, specialty trades, builders, and remodelers nationwide

Frequently Asked Questions About Fractional CFO Services for Construction

What is a WIP report and why does my construction company need one?

WIP stands for Work in Process. A WIP report tells you if you've billed more than you've earned (overbilled — meaning you're spending client cash to build) or earned more than you've billed (underbilled — meaning you're funding the project yourself). Without WIP reporting, you risk paying taxes on money you haven't actually earned or running out of cash midway through a job. Banks and bonding companies require WIP schedules because they show the true health of your projects. Salisbury Bookkeeping produces WIP schedules as part of every fractional CFO engagement.

Can you fix my job costing if my QuickBooks is currently a mess?

Yes. That's the Clean Up phase of our system. We audit your current QuickBooks setup and your project management software, restructure your chart of accounts to NAHB industry standards, and recategorize past transactions so your historical data is accurate. It typically takes 30 to 60 days, and we run it parallel to your current operations so nothing stops. Our clients average $28,400 in recovered unbilled change orders during cleanup.

Does hiring a fractional CFO replace my current bookkeeper?

It depends on your setup. For many contractors, Salisbury Bookkeeping handles both the day-to-day bookkeeping and the strategic CFO-level oversight — one team covering everything. For larger companies with an office manager or in-house bookkeeper, we act as the fractional CFO sitting above them: reviewing their work, handling complex construction accounting like WIP adjustments and retainage tracking, and producing the financial reports your business needs to grow.

Why does Salisbury Bookkeeping use NAHB standards for the chart of accounts?

The National Association of Home Builders created a standardized chart of accounts specifically for construction. It separates direct job costs from overhead, organizes expenses by trades and phases, and lets you compare your margins to industry benchmarks. Without NAHB standards, banks can't read your financials properly and you can't accurately compare your performance to the market. It's the foundation of reliable construction financial reporting — and we use it for every construction client.

Do you work with contractors outside of Utah?

Yes. We're based in Eagle Mountain, Utah, but every part of our service is cloud-based. We work with general contractors, custom home builders, remodelers, and subcontractors nationwide using QuickBooks Online and your existing project management software — Buildertrend, Procore, CoConstruct, Knowify, Contractor Foreman. Doesn't matter where your jobsites are.

How quickly does a fractional CFO pay for itself?

Most of our clients see ROI within the first 60 days, often from a single recovered change order or corrected billing issue. Average recovered revenue in the first two months is $28,400. Beyond recovery, accurate job costing helps you bid more profitably, cash flow forecasting prevents costly emergency borrowing, and WIP reporting improves your bonding capacity. Typical first-year financial impact exceeds $137,000.

What is the difference between a fractional CFO and a full-time CFO?

A CFO handles strategic decisions like capital structure, M&A, and investor relations. A fractional CFO provides the financial system foundation that makes strategic decisions possible: accurate job costing, WIP reporting, cash flow forecasting, and reliable monthly financial closes. Most construction companies under $10M in revenue need the systems and oversight a fractional CFO provides — not a strategist working with incomplete data. Salisbury Bookkeeping delivers that foundation at $1,500–$4,000 per month instead of $150K+ per year.

How does Salisbury Bookkeeping integrate Buildertrend, Procore, or Knowify with QuickBooks?

We map your cost codes and project phases from your field management software directly into your QuickBooks chart of accounts. This creates a single source of truth: data entered in the field automatically syncs to your books. No more double entry, no more mismatched numbers between systems. We handle Buildertrend, Procore, CoConstruct, Knowify, and Contractor Foreman integrations and typically complete the setup within 30 days.

Ready to See What a Fractional CFO Can Do for Your Construction Company?

Schedule a free 30-minute assessment. We'll look at your current setup, identify the biggest gaps, and show you what fractional CFO support would look like for your business.

Financial leadership that actually understands construction. That's what we offer.

★★★★★

"The assessment alone showed us $22K we were leaving on the table. No pressure, just facts."

— Dave, Residential Remodeler

Schedule Your Free Assessment Download Free Playbook

We onboard 2 new clients per month to maintain quality.