WHO WE SERVE · CONSTRUCTION COMPANIES
Construction Is Built on Relationships —
Your Finances Should Be Built on Clarity.
General contractors, subcontractors, and specialty trades operate with thin margins, complex job costing, and cash flow cycles that can make or break a business. JFS brings financial expertise built specifically for construction.
3-5%
Average net margin in construction — every dollar counts
82%
Of construction businesses fail within 5 years — cash flow mismanagement is the leading cause
10%
Of contract value held as retainage — often mismanaged and undertracked
Job Costing
The single most valuable financial tool in construction — and the most commonly underdone
OUR ENGAGEMENT MODELS
Four Ways We Can Partner With You
THE CONSTRUCTION BUSINESS REALITY
Most Construction Companies Win Work on Skill — and Lose Money on Financial Blind Spots
Construction is one of the most financially complex industries for a business its size. Job costing, retainage management, WIP schedules, subcontractor payments, equipment depreciation, and the mismatch between when you do the work and when you get paid — all of it creates financial pressure that can threaten a profitable business.
Most construction companies excel at the craft. The financial systems often lag behind — and the gap shows up in cash flow crunches, tax bills that come as surprises, and owners who can't tell whether their best project was actually their most profitable one.
JFS works with construction companies to build the financial clarity and control that lets owners focus on running their business — not worrying about whether the money is there.
WHAT BRINGS CONSTRUCTION COMPANIES TO JFS
The Challenges We're Built to Solve
These are the financial problems we see most often in construction — and the ones we're built to fix.
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Job Costing Without Real Visibility
You know what each job bid — but do you know what it actually cost? Without accurate job costing, you're bidding future projects on assumptions that may be wrong. JFS builds the systems that show you real margin at the project level.
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Retainage Tracking & Recovery
Retainage held by clients can represent a significant portion of your total receivables. JFS implements the tracking systems to ensure retainage gets collected, completely and on schedule.
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Tax Surprises Instead of Tax Strategy
Quarterly estimated payments, year-end surprises, and missed deductions — construction owners often pay more tax than necessary. JFS builds proactive tax strategy around your project cycles, entity structure, and business goals.
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Cash Flow That Doesn't Match Revenue
You invoice on completion, pay subs in progress, and carry equipment costs every month. JFS builds the forecasting and visibility to manage this cash flow cycle proactively — before it creates a crisis.
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Equipment Strategy Without Tax Planning
Purchase or lease? When to buy? How to structure depreciation? Equipment decisions in construction have major tax implications. JFS integrates equipment strategy with tax planning for decisions that make financial sense year-round.
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Books That Don't Support Bidding
If your financial records don't give you accurate historical cost data by project type, you're bidding with incomplete information. Clean, well-structured accounting is the foundation of profitable bidding.
OUR SERVICES FOR CONSTRUCTION COMPANIES
Financial Expertise Built for How Construction Works
From job costing to tax strategy to fractional CFO, JFS brings the financial rigor that construction companies need to grow profitably.
Job Costing & Project Financial Reporting
Project-level cost tracking and reporting that shows you real margin on every job — what was bid, what was spent, and what was earned. The foundation of profitable construction management.
—> Know exactly which project types and clients make you money — and stop underpricing your best work
Financial Turnaround Strategy
When an organization needs a new financial path, we come alongside leadership to assess the full picture, identify the most meaningful levers, and build and execute a clear, prioritized strategy — together. We're accountable for outcomes, not just recommendations. Our track record includes a documented $6M turnaround at St. Vincent Hospital.
—> A clear, confident path forward — with a committed partner beside you every step of the way.
Cash Flow Planning & Management
We build forward-looking cash flow models that give your leadership team real visibility into what's ahead — reimbursement cycles, payroll timing, capital investments, debt service, and seasonal fluctuations. We model scenarios so your team can plan thoughtfully and act with confidence.
—> Your leadership always knows what's coming — and has the time, clarity, and options to navigate it well.
Grant & Gap Funding Strategy
We work with you to identify the funding opportunities your organization is positioned to pursue — federal and state grants, cost-based reimbursement models, ACOs, and alternative sources — and build a systematic strategy to pursue them with intention and accountability.
—> New revenue pathways pursued strategically, with every application and opportunity supported end-to-end.
Board & Leadership Reporting
We prepare and deliver financial reports that give your board and leadership team genuine clarity — in plain language, with strategic context, and with the guidance to make the decisions that matter. We can present directly to your board or build your team's capability to do so confidently.
—> Your board is informed, engaged, and empowered to govern effectively and with confidence.
Financial Education & Leadership Coaching
We invest in your people. Through coaching and education tailored to your CFOs, controllers, administrators, and department leaders, we build financial confidence at every level of your organization. Financial strength becomes a shared capability — not a single person's responsibility.
—> Your entire leadership team becomes more financially capable — and your organization becomes stronger for it.
Strategic Financial Planning
We build long-range financial plans that align your resources, your mission, and your growth objectives — annual budgets, multi-year forecasts, capital planning, and scenario analysis — all built around where your organization is headed, not just where it has been.
—> A financial roadmap your entire organization can rally around — and a partner to help you navigate it.
Merger, Acquisition & Transition Support
Financial due diligence, integration planning, and post-transaction financial management — whether you're acquiring, merging, restructuring, or transitioning leadership, we provide the financial expertise to navigate it with confidence and protect the value you've built.
—> Complex transitions handled with experienced financial leadership — protecting your organization through every stage.
WHAT WE BUILD TOGETHER
From Financial Complexity
to Organizational Strength
We come alongside your leadership team as a genuine partner — bringing strategic depth, forward-thinking guidance, and hands-on support that empowers your organization to grow, sustain, and thrive on its own terms.
01
A proven path to financial recovery and growth
We assess what's possible, identify the highest-leverage opportunities, and execute a strategy built for your organization — together. Our track record includes a documented $6M turnaround.
02
Complete cash flow visibility — always
Forward-looking models tailored to your organization accounting for reimbursement cycles, payroll, capital, and seasonality — so your leadership always knows what's coming.
03
Strategy that connects today's decisions to tomorrow's outcomes
We think alongside you 12, 24, and 36 months out — so every decision made today is building toward the future you're working for.
04
A board and leadership team that leads with confidence
We prepare and present financial information in plain language — so every governance meeting is grounded, productive, and mission-focused.
CLIENT SUCCESS STORY
$6 Million Financial Turnaround
When St. Vincent Hospital needed a partner to help chart a new financial path, JFS came alongside their leadership team — working closely to assess the full picture, identify the highest-impact opportunities, and execute a strategy that delivered real, lasting results. The outcome: a $6M financial improvement featured in Becker's Hospital Review.
HOW IT WORKS
How We Work Alongside You
01
A Real Conversation
We start by listening — to your goals, your situation, and what you're working toward. No agenda, no sales pitch. Just a genuine effort to understand your organization.
02
A Clear View of What's Possible
We take a thorough look at your full financial picture — cash, revenue cycle, cost structure, and reimbursement — to understand where the greatest opportunities lie.
03
A Strategy You Can Own
We deliver a clear, prioritized plan in plain language — with concrete next steps, real timelines, and full alignment with your mission and your team's capacity.
04
True Partnership, Long-Term
We work alongside your team for the long haul — present in meetings, engaged in decisions, and genuinely invested in your organization's success over time.
Common Questions
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Not at all. Many of our most valued CFO partnerships are with healthy, growing organizations that need strategic financial leadership for long-term planning, board governance, or their next phase of mission growth. The fractional model makes executive-level partnership accessible without the overhead of a full-time hire.
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An Interim CFO is a full-time, on-the-ground engagement — typically during a transition, a crisis, or a vacancy — where we assume the full responsibilities of the CFO role. A Fractional CFO is a part-time, ongoing partnership where we work alongside your team on a regular cadence. Both provide the same depth of expertise; the difference is time commitment and intensity.
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Revenue Cycle Management is most powerful for healthcare organizations — hospitals, clinics, FQHCs, and physician practices — where billing complexity, payer relationships, and reimbursement timing significantly affect cash flow and sustainability. We've helped organizations recover significant revenue by identifying billing gaps, renegotiating payer contracts, and reducing denial rates. Service-based businesses benefit similarly through billing process improvement and AR optimization.
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Absolutely — this is one of our deepest areas of expertise. Rural healthcare organizations face financial pressures that are genuinely unique: shrinking Medicare and Medicaid reimbursements, cost report complexity, CAH and FQHC funding structures, and the challenge of serving communities where margins leave no room for error. We understand this world deeply and are proud to serve these organizations.
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Advisory engagements are highly customized. Typically, we meet with your leadership team monthly or quarterly to review financial performance, stress-test plans, and advise on major decisions. We're also available between sessions for time-sensitive questions. The goal is to give your internal team access to senior strategic thinking without the cost of a more intensive engagement.
READY TO GET STARTED
Strategic financial leadership starts with one conversation.
Book a free consultation and let's map out the right model for your organization — and what becomes possible when the right financial leadership is in place.