Not every contractor is ready to hire a full-time CFO. And for many growing construction businesses, that’s actually a smart move.
Margins are tight. Projects are complex. Financial decisions can’t wait. But adding a six-figure salary to the org chart isn’t always feasible. That’s why fractional CFO support is gaining momentum across the construction industry.
What Is a Fractional CFO?
A fractional CFO is a seasoned financial expert who works with your team on a part-time or project-based basis. They bring the strategic guidance of a full-time CFO—but without the long-term commitment or full-time cost.
At Ledgerable, our fractional CFO advisors specialize in construction finance. They help contractors forecast cash flow, improve job profitability, tighten controls, and plan for growth—while working in tandem with your accounting team and Sage Intacct platform.
Why It’s Catching On in Construction
Here’s why contractors are leaning into fractional CFO support:
● You Get High-Level Strategy Without the Overhead
Hiring a full-time CFO can cost $150K to $250K annually (plus benefits). A fractional CFO gives you access to that level of expertise for a fraction of the price. You get the strategic input you need—when you need it.
● They Speak Construction Finance Fluently
Fractional CFOs with construction experience know the nuances: retainage, WIP schedules, job cost variance, bonding requirements. They’re not learning on the job—they’re solving the right problems from day one.
● You Stay Lean While You Scale
As your firm grows, your needs evolve. A fractional model lets you dial support up or down as needed. It’s flexible, efficient, and aligns with the way modern construction companies operate—project by project, phase by phase.
● It Strengthens Your Technology ROI
Our fractional CFO advisors don’t work in isolation—they work with your systems. That means maximizing the value of your Sage Intacct dashboards, streamlining your month-end close, and making sure you’re getting real insights from your data—not just reports.
What It Looks Like in Action
Here’s a snapshot of what a fractional CFO might handle in your business:
● Reviewing job profitability and recommending margin improvements
● Building a 12-month cash flow forecast tied to your backlog
● Overseeing your financial reporting structure in Sage Intacct
● Advising on debt, financing, and strategic planning
● Leading your annual budget process and monthly variance analysis
It’s not just accounting—it’s forward-looking financial leadership.
Final Thoughts: You Don’t Need a Full-Time CFO to Think Like One
Construction companies are waking up to a smarter model of financial support. With a fractional CFO, you get experience, strategy, and results—without the overhead.
At Ledgerable, we pair our technology expertise with real-world construction finance leadership. Whether you need help for a season or a full fiscal year, our fractional CFO advisors are ready to roll up their sleeves and guide your business with clarity.
Ready to see what fractional financial leadership can look like?
Book a consult with a construction CFO advisor today.
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