What are the main construction companies CFO challenges?

[Alexender]

I want to learn about construction companies CFO challenges like cash flow and project costing. How do CFOs overcome financial risks in construction businesses?

 

[henry]

Cash flow gaps, proper costing of the project and balancing financial risks of long and complex projects are the biggest headaches to the construction CFOs. They do it through closing the cost management, forecasting cash maniacally, working with real-time project information, and risk planning before it has become a surprise.

 

[Ynessira]

Construction company CFOs face challenges like managing cash flow across long projects, controlling cost overruns, handling delayed payments, forecasting revenue accurately, ensuring compliance, and managing risk. They must balance fluctuating material costs, labor shortages, complex contracts, and tight margins while maintaining financial visibility and profitability.

 

[Greeeec]

Construction company CFOs face challenges like cash-flow management, cost overruns, project budgeting accuracy, delayed payments, risk management, labor and material price volatility, regulatory compliance, and financial forecasting across multiple long-term projects.