Finance in Construction
About The Program
Understanding the financial side of construction can make or break a project. This workshop gives construction professionals a straightforward look at how money moves through a contracting business. Participants learn how job costs, billing, revenue recognition, and cash flow connect to the overall health of a company.
Attendees leave with a stronger sense of how their daily decisions affect cash flow, profitability, and long-term stability. If your team needs better financial awareness or you want to develop future leaders who understand the business behind the work, this training is a simple way to get them there.
What You Will Learn
Understanding Revenue and Profit
Most project teams only see the front end of a job. This session walks through how each project is measured financially behind the scenes. Attendees learn how revenue is recognized, why profit can look different depending on the accounting method, and how job performance is evaluated throughout a project. The goal is to show how day-to-day work shows up on financial reports.
Overbilling vs. Underbilling
Overbillings and underbillings reveal how well a project is being managed. We look at how these gaps happen, what they mean for cash flow, and how they influence trust with owners and general contractors. Participants learn why accurate billing protects both cash position and profitability, and how poor billing habits create unnecessary risk.
Reading and Using WIP Schedules
WIP schedules are the financial dashboard of a construction company. We break down how they’re built, what the numbers mean, and how leaders use them to understand job health, forecast earnings, and spot issues early. Participants learn how percent complete, cost-to-complete estimates, and earned profit all tie together.
Identifying and Preventing Profit Fade
Profit fade is a common challenge in construction. The workshop explains why it happens, how inaccurate forecasting contributes to it, and why project teams must continually update cost-to-complete numbers. Participants see how small field decisions, missed invoices, and unapproved changes can slowly erode a project’s margin.
Working Capital and Backlog Capacity
A contractor’s ability to grow depends on the strength of its balance sheet. We cover how working capital is calculated and why it determines how much backlog a company can safely take on. Participants learn how banks, bonding companies, and owners evaluate working capital, and how stronger financial management increases capacity and opportunity.
Finance DETAILS
Location
Arizona Builders Alliance Training Office
1475 N Scottsdale Rd, Suite 140, Scottsdale, AZ 85257
Date
TBD
Cost
Members : $75
Non-Members: $150