Client’s Objectives
- Hire fractional growth-focused CFO
- Increase monthly financial statement accuracy
- Optimize pricing practices
Assistance
- Assessed past performance and financial statement reporting practices
- Analyzed profitability of recent large production jobs
- Calculated monthly breakeven total revenues
- Provided pricing input on customer requests for quotations
Results/Value
- Improved accuracy of percentage of completion accounting and financial statements
- Implemented estimating, pricing, manufacturing, job costing, and lessons learned job management cycle
- Increased pricing and profitability