Our Client Portfolio

CREDIBILITY

Reliable CPA-Led Accounting for Construction Leadership Teams

Expertise Accelerated is a CPA-led accounting and finance firm with deep experience supporting general contractors, subcontractors, and specialty trade businesses across every stage of growth.

Our team has supported construction businesses from single-crew operations to established multi-project contractors managing complex subcontractor relationships, retainage schedules, and bonding requirements.

We deliver institutional-grade accounting practices built specifically for how construction businesses recognize revenue and manage project costs. Whether you are an owner building financial infrastructure, a CFO managing a multi-project portfolio, or a Controller needing experienced capacity support, we operate as a trusted extension of your finance team.

Talk to Us to Cut Bookkeeping Costs by 60%


US CPA Management Team
U.S. CPA-led teams delivering accurate, compliant, and reliable financial oversight.

Up to 60% Payroll Savings
Premium accounting services at significantly lower cost

U.S. Eastern Time Availability
Our accounting experts work U.S. Eastern Time, fully aligned with you.

QuickBooks & Xero Experts
Proven expertise in QuickBooks and Xero software.

Challenges

Common Accounting Challenges in Growing Construction Businesses

Many construction businesses reach a point where the accounting function cannot keep pace with the complexity of running multiple active projects. If any of the following apply, it may be time to evaluate your current accounting structure.

reporting delays

Inaccurate Job Costing

Labor, material, and subcontractor costs are not tracked accurately by project, making true job profitability difficult to determine.

financial reconciliation

WIP Reporting Gaps

Percentage-of-completion calculations are outdated or unreliable, leading to over- or under-billed projects and distorted financial statements.

Inventory discrepancies

Retainage Tracking Issues

Retainage held by customers or withheld from subcontractors is not tracked consistently, creating collection gaps and cash flow surprises.

Weak audit trails

Change Order Delays

Change orders are not billed or recorded promptly, causing revenue leakage and disputes with owners or general contractors.

Outgrown bookkeeping

Multi-Project Cash Flow Strain

Cash is spread across active jobs with different billing and payment cycles, making it difficult to plan draws, payroll, and vendor payments.

Limited financial visibility 1

Reporting Delays

Financial and job cost reports are delivered too late to support bidding, staffing, or equipment decisions.

Limited financial visibility 1

Outgrown Accounting Support

Accounting resources no longer support the project volume, subcontractor complexity, or bonding requirements of the business.

Our team can assess your current accounting function and identify the most impactful areas for improvement.

Talk to an Accounting Expert

Services

Construction Accounting Services Delivered by a CPA-Led Team

Expertise Accelerated delivers a full suite of accounting and finance services purpose-built for construction businesses at every stage of development.

General Accounting and Bookkeeping

Maintain accurate financial records that support reliable construction reporting.

  • Transaction recording and structured month-end close.
  • Account reconciliations and journal entries.
  • CPA-reviewed financial statement preparation.

Job Costing and WIP Accounting

Maintain accurate job costs and percentage-of-completion reporting across all active projects.

  • Job cost tracking by labor, material, subcontractor, and equipment.
  • Percentage-of-completion (WIP) schedule preparation.
  • Over/under billing analysis and resolution.

Accounts Receivable and Billing

Improve collections and maintain accurate customer and retainage balances.

  • Progress billing and AIA-style invoicing.
  • Retainage tracking and collection management.
  • AR aging reporting and reconciliation.

Accounts Payable

Manage subcontractor and vendor payments with accuracy and financial control.

  • Invoice processing and purchase order matching.
  • Subcontractor payments and lien waiver tracking.
  • AP aging reports and payment term management.

Change Order and Retainage Management

Improve visibility into change orders and protect project margins.

  • Change order tracking, coding, and billing.
  • Retainage schedule management by project.
  • Net contract value reporting by job.

Financial Planning and Analysis

Support strategic planning with reliable financial forecasts built around project cycles.

  • Budgeting and rolling forecasts aligned to project pipeline.
  • Margin and cash flow forecasting by project.
  • Budget variance reporting and analysis.

Our Construction Accounting Process

Every Expertise Accelerated construction accounting engagement follows a structured, repeatable process designed
to produce accurate job costs, reliable WIP reporting, and strategic financial insight on a consistent schedule.

Financial Review

Review financial records, job costing setup, contract structures, and reporting to establish an accurate accounting foundation.

Reporting Structure

Align the chart of accounts and job cost structure with construction reporting requirements across projects, phases, and cost codes.

Transaction Processing

Record daily transactions using consistent job costing, billing, and subcontractor management standards.

Reconciliations & Close

Reconcile job costs, retainage, and change orders, then complete the month-end close with CPA-level review.

Financial Reporting

Deliver financial statements, WIP schedules, job profitability reports, and project performance insights on schedule.

Management Review

Review financial performance regularly to support bidding decisions, subcontractor negotiations, and strategic growth planning.

Why Specialized Construction Accounting Matters

Better decisions

Accurate Job Profitability

  • Improve project-level margin reporting.
  • Strengthen job costing and WIP accuracy.
  • Support data-driven bidding and staffing decisions.
Financial visibility

Better Billing and Retainage Control

  • Reconcile retainage and change orders accurately every period.
  • Improve collections and protect margins from billing delays.
  • Measure true contract value by project consistently.
Reduced risk

Scalable Financial Operations

  • Support business growth with reliable accounting infrastructure.
  • Reduce reporting, bonding, and compliance risk.
  • Improve audit and surety readiness.
Stakeholder confidence

Strategic Financial Insight

  • Strengthen planning with actionable financial data aligned to project cycles.
  • Improve project, crew, and equipment investment decisions.
  • Support long-term construction business growth.

Ready to Close Your Books on Time, Every Month?

Talk to a CPA about your current accounting setup. Identify what needs to change.

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Accounting Software and ERP Experience

We work across the major accounting and ERP platforms used by growing and mid-market businesses, delivering consistent professional standards within your existing technology environment.

Don't Just Take Our Word For It

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Why Construction Businesses Choose Expertise Accelerated

30+ Years of Finance Experience

Accounting expertise backed by decades of construction finance leadership at the C-suite level.

Construction Industry Specialists

Deep expertise in job costing, WIP accounting, retainage management, and multi-project financial reporting.

Startup to Enterprise Support

Accounting solutions for single-crew contractors and established multi-project operations alike.

Scalable Support

Flexible accounting services that grow with your project volume, subcontractor relationships, and business complexity.

Secure Financial Operations

Controlled system access that protects financial data and project information at all times.

Dedicated Team Support

A collaborative accounting team providing consistent, uninterrupted support across every function and project.

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Partner to reduce your cost by 60% with assured quality!

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FREQUENTLY ASKED QUESTIONS

Construction accounting involves job costing by project, percentage-of-completion revenue recognition, retainage tracking, change order management, and progress billing. These disciplines require industry-specific expertise that generalist accounting firms typically do not have.

WIP, or work-in-progress, reporting compares billed amounts to earned revenue based on percentage-of-completion for each active project. It identifies over-billed and under-billed jobs, giving leadership an accurate view of true project profitability at any point in time.

Outsourced construction accounting means engaging a specialized external firm to manage part or all of your accounting and finance function rather than building that capability in-house. It gives construction businesses access to industry-specific expertise at a lower cost than hiring and managing an internal team.

We provide general accounting and bookkeeping, job costing and WIP accounting, accounts receivable and billing, accounts payable, change order and retainage management, financial reporting, and financial planning and analysis, all structured specifically for construction businesses.

We track labor, material, subcontractor, and equipment costs by project and cost code, prepare percentage-of-completion schedules, and identify over- or under-billed jobs so project profitability is accurate and current.

We build forward-looking cash flow projections aligned to your project pipeline, billing cycles, and retainage schedules so leadership has the visibility to plan draws, payroll, and vendor payments before cash flow gaps appear.

Yes. We track retainage held by customers and withheld from subcontractors, and we manage change order billing and coding so contract values and project margins stay accurate throughout the job.

A construction business should review a monthly income statement, balance sheet, cash flow statement, WIP schedule, job profitability report, AR aging report, and AP aging report at minimum.

Yes. We prepare the clean, current financial records, WIP schedules, and structured reporting packages that sureties, investors, and acquirers require during underwriting or due diligence. We also support the financial modeling needed for growth planning.

We work with QuickBooks Online, QuickBooks Desktop, NetSuite, Xero, Sage 100 Contractor, Sage 300 CRE, Foundation, Procore, and integrated construction ERP systems, among others.

Yes. We provide financial planning and analysis services specifically structured for construction businesses, including project pipeline forecasting, margin planning by project type, and cash flow planning aligned to billing and retainage cycles.

Yes. Most Expertise Accelerated construction accounting engagements are structured as monthly fixed fees, which provides budget predictability as your business grows.

We support construction businesses across the United States, including businesses based in New York, Chicago, Los Angeles, Houston, Miami, and Austin, as well as multi-state contractors operating across all U.S. regions.

Most engagements begin within two to four weeks of the initial agreement, depending on the complexity of your job costing setup, active project count, and the current state of your financial records.

Get Reliable Accounting and Bookkeeping
Support for Your Business

If your current accounting function is not delivering that, Expertise Accelerated can help.

We work with founders, CFOs, Controllers, and operations leaders at growing businesses to build accounting functions that are accurate, timely, and built to scale.

  • Turn messy books into audit-ready financials for confident decisions.
  • Speed up month-end close with timely, accurate financial reporting.
  • Strengthen your finance team with expert accounting support and greater efficiency.

Talk to Us to Cut Bookkeeping Costs by 60%

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