Construction Finance & Accounting Advisory

Clearer WIP. More Reliable Job Margins. Better Cash‑Flow Decisions.

Senior construction-finance support for US contractors that need dependable WIP schedules, job-cost reporting, QuickBooks cleanup and controller-level financial visibility.

19 years in finance and accounting Fortune Global 500 background Construction accounting and financial reconstruction

Schedule a 15-Minute Construction Finance Discussion Download the WIP Diagnostic Checklist

Independent remote advisory practice led by Abdul Hakkeem.

The Financial Visibility Gap

When reported profit looks healthy but cash tells a different story

Construction results can become unreliable when job costs, billing, estimates and the general ledger stop moving together. The issue may not be visible until month-end, year-end or a lender, surety or CPA asks for support.

WIP no longer reflects project reality

Cost-to-complete assumptions are outdated, inconsistent or unsupported.

Job costs are incomplete or misclassified

Late vendor bills, payroll allocations, equipment costs or overhead distort individual job margins.

Billing and production are out of step

Unbilled work, billing lag, overbilling and underbilling make cash and profit difficult to interpret.

QuickBooks is no longer decision-ready

Reconciliations, coding, closing entries or supporting schedules are incomplete or delayed.

Management receives the numbers too late

A slow close leaves limited time to correct margin deterioration or cash-flow pressure.

External reporting needs stronger support

Management needs clearer schedules and reconciliations for discussions with lenders, sureties and external accountants.

Advisory Services

Targeted support where construction reporting breaks down

The scope is defined around the decision management needs to make, the condition of the records and the urgency of the issue.

WIP & Cost-to-Complete Review

Assess whether project status, estimated costs and recognized results are internally consistent.

  • Percentage-of-completion and WIP schedule review
  • Cost-to-complete reasonableness and support
  • Overbilling and underbilling analysis
  • Reconciliation between WIP schedules and the general ledger

Job-Cost & Margin Diagnostics

Identify gaps that can overstate, understate or delay reported project performance.

  • Job-cost coding and allocation review
  • Committed-cost and late-cost assessment
  • Change-order and billing alignment
  • Gross-margin trend and job-close review

QuickBooks Cleanup & Financial Reconstruction

Restore reliability when accounting records are fragmented, delayed or no longer support management decisions.

  • QuickBooks Online cleanup and account review
  • Bank, credit card and balance-sheet reconciliation
  • Historical accounting reconstruction
  • Month-end close and supporting schedule development

Controller Reporting & Cash-Flow Support

Provide senior finance support without adding a full-time controller or CFO.

  • Management reporting and KPI review
  • Cash-flow forecasting and working-capital visibility
  • Close-process improvement and internal controls
  • Support for lender, surety and CPA information requests

Senior Finance Judgment

More than transaction processing

Hakkeem Advisory is an independent finance and accounting advisory practice led by Abdul Hakkeem. The focus is not low-cost bookkeeping or outsourced data entry. It is the diagnosis, reconstruction and improvement of financial information used by owners, controllers, lenders and external accountants.

Hakkeem Advisory is not a CPA firm and does not provide audit, review, attestation, legal or tax-filing services.
  • 19 years of finance and accounting experience
  • Finance leadership within a Fortune Global 500 group
  • Construction accounting, WIP and job-cost analysis
  • QuickBooks Online cleanup and multi-entity reporting
  • IFRS financial reporting and financial control
  • Treasury, liquidity and trade-finance experience

Selected Engagement

Accounting reconstruction under a compressed deadline

In a prior construction-sector engagement, fragmented records were reconciled and reconstructed across six bank accounts and 20 entities. The assignment covered more than 45,000 transaction lines and 13,000 journal entries and resulted in filing-ready financial statements within 14 days.

45,000+transaction lines
13,000journal entries
20entities
14 daysto filing-ready statements

Client identity is withheld for confidentiality. This example describes one engagement and is not a guarantee of future results.

Who I work with

Support is designed for contractors that need stronger project-finance visibility, more reliable reporting or temporary senior finance capacity.

General contractors Commercial contractors Home builders Roofing contractors HVAC contractors Plumbing contractors Electrical contractors Concrete contractors Flooring contractors Restoration contractors Other specialty subcontractors

A practical, controlled engagement process

STEP 1

Initial fit discussion

A focused 15-minute conversation to understand the reporting problem, timing and decision required.

STEP 2

Secure diagnostic review

Relevant schedules, reports and system access are agreed. Public website forms are not used for confidential financial files.

STEP 3

Findings and action plan

Issues are prioritized by financial impact, urgency, data dependency and the person responsible for correction.

STEP 4

Implementation or ongoing support

The engagement can end with a defined project or continue as monthly controller-level support.

Complimentary Resource

Construction WIP Diagnostic Checklist

A practical management checklist for identifying WIP, job-cost, billing and reconciliation issues before they weaken month-end reporting or cash-flow decisions.

Download the Checklist PDF download. No confidential information is required.

Common Questions

Frequently asked questions

What types of contractors do you support?
General contractors, home builders and specialty subcontractors, including roofing, HVAC, plumbing, electrical, concrete, flooring and restoration businesses.
Do you work with US GAAP and percentage-of-completion accounting?
Yes. Engagements apply the construction accounting concepts used in US contractor reporting, including percentage-of-completion revenue recognition, WIP schedule mechanics, over- and underbilling analysis and job-cost matching. Formal GAAP opinions, audits and attestations remain with the client's CPA.
Do you work remotely?
Yes. Engagements are delivered remotely, with meeting times and working overlap agreed around the client's business needs.
Do you replace our bookkeeper, controller or CPA?
Not necessarily. I can work alongside your existing team to diagnose issues, improve schedules, support cleanup and strengthen management reporting. Audit, attestation, tax and legal work remain with appropriately licensed professionals.
Can you work directly in QuickBooks Online?
Yes. Scope and access are agreed in advance, and changes should follow the client's approval and control procedures.
Do you accept project-based assignments?
Yes. Work may be structured as a defined diagnostic, cleanup or reconstruction project, or as ongoing monthly advisory support.
Can you sign an NDA?
Yes. NDA-supported discussions and engagements are welcome.
What is needed for an initial review?
Usually a short description of the issue and selected management reports, such as a WIP schedule, job-cost report, balance sheet, profit and loss statement, aging report or reconciliation status. Confidential files should be exchanged only through an agreed secure channel.
Are you a CPA firm?
No. Hakkeem Advisory provides finance and accounting advisory support and does not issue audit opinions, attestations or tax filings.
How are fees determined?
Fees depend on the scope, data condition, urgency, access requirements and expected deliverables. A defined scope and commercial proposal are agreed before work begins.

Confidentiality & Control

Financial information should be handled deliberately

Engagements can be supported by an NDA, role-based access and client-approved working procedures. Confidential financial files should not be uploaded through the public website. File exchange, system access, approval steps and retention requirements are agreed before work begins.

  • NDA-supported engagements
  • Client-owned systems and least-privilege access
  • No public use of client names or records without permission
  • Documented approval before material accounting changes
  • Secure file exchange agreed for each engagement

Need a clearer view of project profitability and cash flow?

A short discussion can determine whether the issue is WIP, job costing, billing, close controls, QuickBooks integrity or a combination of factors.

Schedule a 15-Minute Construction Finance Discussion

Or email a.hakkeem@hakkeemadvisory.com