Private Established Company in Homebuilding and Land Development
Services Provided - CFO
A young homebuilding and land development company was experiencing significant growth and had been through three CFOs. There were no financial strategy and business processes in place, and accounting records were in disarray
To assume the role of CFO and build the finance, accounting, and IT functions while managing fast-paced growth. This included developing and implementing policies, procedures, internal controls, and management reporting systems.
Significantly improved operations and productivity. Reduced overpayments, change orders, and cost overruns. Enhanced decision-making support systems. Revenues more than tripled from $11M to $45.5M within three years. Also increased net profit from a loss of $100K to a net profit of $8.5M.
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