Financials That Know Which Jobs Made Money

A contractor's P&L can look healthy for months while individual jobs bleed. Cash from progress billings on the new project covers the losses on the old one, retainage sits uncollected, and nobody finds out which estimates were wrong until the work is done and the margin is gone. Standard bookkeeping was never built for a business where revenue is earned over time, billed on a schedule, and settled months after the last truck leaves the site.

Precision Financial has worked with contracting businesses from small local firms to private equity-backed companies doing $100 million a year with hundreds of employees, including ESOP-owned companies, prime contractors, and subcontractors. We put job costing and WIP reporting at the center of the accounting, so the financials describe the business the way a builder actually experiences it: one job at a time.

Who It's For

General contractors and subs who cannot say with confidence which current jobs are profitable, firms whose bonding agent has started asking harder questions, companies moving from completed-contract habits to percentage-of-completion reporting, and job-based businesses outside construction, like fabricators and specialty installers, whose economics work the same way.