Budgeting & Forecasting

We build and update annual budgets and financial forecasts that connect your company's product pipeline with expected revenue, costs, overhead and cash requirements.

As actual results come in, We compare them against expectations and help management understand why performance is ahead of - or behind - plan.

Financial Reporting

We provide management with clear financial reporting, including:

• Income statements

• Balance sheets

• Cash-flow reporting

• Budget-to-actual analysis

Accounting Oversight & Process Improvement

We also provide oversight of internal accounting staff, review accounting processes and help improve or automate financial reporting.

This includes reviewing the Chart of Accounts, month-end close procedures, reconciliations, fixed assets, job-cost reporting and Excel-based reporting processes.

Better financial visibility. Better property decisions. Stronger profitability.

Property management organizations manage more than buildings, they manage cash flow, operating expenses, vendor costs, budgets, owner expectations, and the financial performance of multiple properties.

Hambrick Management provides Fractional CFO and management accounting services to property organizations that need experienced financial leadership without the cost of hiring a full-time CFO.

We help organizations strengthen their financial reporting, budgeting, cash-flow management, internal processes, and strategic decision-making.

What We Bring to Your Organization

We bring 14 years of accounting experience, progressing from Accounts Receivable through Senior Accountant/Finance Manager responsibilities and working across industries including finance, insurance, construction, and education.

Our experience includes:

• Preparing and analyzing income statements, balance sheets, and other financial reports

• Developing and maintaining budgets, forecasts, and cash-flow projections

• Managing and reviewing general ledger and Chart of Accounts structures

• Supporting audits and financial reporting accuracy

• Managing fixed assets and related accounting processes

• Analyzing financial and operational results

• Improving accounting processes through Excel automation and financial modeling

• Reviewing accounting work and helping teams improve financial processes and controls

These capabilities translate directly to the needs of property management organizations.

How We Can Help Your Property Management Business

As your Fractional CFO, we can help management answer important questions such as:

Which properties are performing well, and which are not?

Are operating expenses increasing faster than rental or management revenue?

Do we have enough cash to meet upcoming property and corporate obligations?

Where are we consistently over or under budget?

Which expenses, vendors, or processes are reducing profitability?

Are owners and management receiving accurate, useful financial reports?

We can help establish reporting that gives management a clearer view of:

• Property-level revenue and expenses

• Budget-to-actual performance

• Cash flow and upcoming cash requirements

• Operating expense trends

• Property and portfolio profitability

• Accounts receivable and outstanding balances

• Capital expenditures and fixed assets

• Management-company overhead

• Financial KPIs and management dashboards

The Fractional CFO Advantage

Your organization may need CFO-level financial guidance without needing another full-time executive.

A Fractional CFO relationship gives you access to experienced financial leadership based on the level of support your organization actually needs.

We will work alongside your property managers, owners, bookkeepers, accountants, CPAs, and other financial professionals rather than requiring you to replace your existing team.

Our goal is simple:

Turn your accounting information into financial information you can actually use to manage your properties and grow your organization.

Let’s Talk

If your organization is growing, managing multiple properties, struggling with financial visibility, or simply needs stronger financial planning and reporting, I would welcome the opportunity to discuss how Hambrick Management Accounting Service LLC can help.

Better Job Costing. Stronger Cash Flow. More Profitable Projects.

Construction companies can have a strong backlog and plenty of work but still struggle with cash flow and profitability. Getting more projects isn’t the challenge; it’s knowing which projects are actually making money, where costs are getting out of line, and whether the company has enough cash to support its workload.

Hambrick Management Accounting Service provides Fractional CFO services designed to give construction companies better financial visibility and control, without the cost of hiring a full-time CFO.

How I Can Help Your Construction Business

WIP Reporting & Financial Visibility

Your Work-in-Progress (WIP) schedule is one of the most important financial tools in a construction business.

We can help you build and maintain WIP reporting that clearly shows:

• Original and revised contract values

• Approved change orders

• Costs incurred to date

• Estimated costs to complete

• Percent complete

• Gross profit and projected margin

• Amounts billed to date

• Overbillings and underbillings

• Projected final project profitability

The goal is to turn the WIP schedule into a management tool, not just an accounting report.

Project Profitability & Job Costing

Winning work does not automatically mean making money.

We can help management understand profitability at the individual project level by comparing budget vs. actual costs, reviewing labor, materials, subcontractors and overhead, and identifying projects where margins are beginning to slip.

Instead of discovering a loss after a project is finished, management can identify problems earlier and take corrective action.

Cash Flow Forecasting

Construction companies often pay employees, subcontractors, suppliers, equipment costs and overhead before receiving payment from customers.

We can develop cash-flow forecasts that help answer questions such as:

How much cash will we need over the next 30, 60 and 90 days?

Can we afford to take on another large project?

Are receivables coming in fast enough to cover upcoming obligations?

Which projects are generating cash, and which ones are consuming it?

Better forecasting allows management to make these decisions before cash becomes a problem.

Budgeting & Forecasting

We can build and update annual budgets and financial forecasts that connect your company’s project pipeline with expected revenue, costs, overhead and cash requirements.

As actual results come in, we can compare them against expectations and help management understand why performance is ahead of - or behind - plan.

Financial Reporting

We provide management with clear financial reporting, including:

• Income statements

• Balance sheets

• Cash-flow reporting

• Budget-to-actual analysis

• Project profitability reporting

• WIP reporting

• Management KPI dashboards

The objective is simple: give ownership financial information they can actually use to run the company.

Accounting Oversight & Process Improvement

We can also provide oversight of internal accounting staff, review accounting processes and help improve or automate financial reporting.

This can include reviewing the Chart of Accounts, month-end close procedures, reconciliations, fixed assets, job-cost reporting and Excel-based reporting processes.

Why Work With Us?

We bring 14 years of accounting experience, with experience spanning construction, finance, insurance and education, and roles ranging from Accounts Receivable through Senior Accountant/Finance Manager.

Our background includes:

• Construction accounting experience

• Financial statement preparation and analysis

• Chart of Accounts management

• Fixed asset accounting

• Audit support and audited financial results

• Budgeting and financial analysis

• Accounting process oversight

• Advanced Excel and financial reporting automation

That combination allows us to look beyond bookkeeping and help owners understand what the numbers are saying about the business.

The Fractional CFO Advantage

A growing construction company may need CFO-level financial guidance long before it makes sense to hire a full-time CFO.

That’s where we come in.

As your Fractional CFO, we will work alongside ownership, project management and your existing accounting team to provide the financial analysis and oversight needed to make better business decisions.

You keep building the projects. We help make sure the numbers behind those projects make sense.

Running a successful chiropractic practice requires more than bringing in patients, it requires knowing where your money is going, what your equipment is truly costing you, and whether your practice is generating the return it should.

That’s where we can help.

We provide Fractional CFO services designed to give chiropractic practice owners greater financial clarity, stronger cash flow, and better information for making business decisions.

With more than 14 years of accounting experience, including financial reporting, budgeting, auditing, fixed asset management, and financial analysis, We help business owners move beyond simply looking at their bank balance and start understanding what is actually driving profitability.

Your Equipment Is an Investment; Let's Treat It Like One

Chiropractic practices can make significant investments in equipment and technology, including:

• Chiropractic and treatment tables

• Digital X-ray and imaging equipment

• Therapy and rehabilitation equipment

• Spinal decompression systems

• Computers, servers, and office technology

• Furniture and office improvements

• Practice management systems and related technology

Our experience managing fixed assets and depreciation will help your practice properly track these investments and understand their true financial impact.

For example, purchasing a $30,000 piece of equipment isn't simply a $30,000 expense. We should also be asking:

How is it being financed? What is the monthly cash-flow impact? What is its useful life? What is its depreciation expense? How much additional patient revenue does it need to generate? And ultimately - is the equipment producing an acceptable return on investment?

Those are CFO-level questions.

Financial Management Beyond the Equipment

As your Fractional CFO, we can help you understand the financial health of the entire practice through:

Financial Reporting & Analysis
Turn your income statement and balance sheet into useful management tools. We'll identify revenue trends, expense increases, margins, and areas where profitability can improve.

Budgeting & Forecasting
Build realistic operating budgets and forecasts so you can anticipate expenses, plan investments, and understand where your practice is financially headed.

Cash-Flow Management
Revenue doesn't always equal available cash. We'll help you understand the timing of collections, payroll, debt payments, equipment purchases, and other expenses so you can maintain adequate working capital.

Equipment & Fixed Asset Management
Maintain accurate fixed-asset schedules, depreciation records, and supporting financial information while evaluating the financial impact of future equipment purchases.

Cost & Profitability Analysis
Identify what it costs to operate the practice and determine how changes in staffing, equipment, patient volume, pricing, and overhead affect your bottom line.

Strategic Financial Planning
Before expanding, hiring additional staff, purchasing equipment, opening another location, or taking on additional financing, we can model the financial impact and determine what needs to happen for the investment to make sense.

Think of Us as Your CFO Without the Full-Time CFO Expense

Many chiropractic practices need more financial guidance than traditional bookkeeping provides but aren't large enough to justify hiring a full-time CFO.

That's where a Fractional CFO can make sense.

Hambrick Management Accounting Service provides CFO-level financial guidance without requiring you to add another full-time executive to payroll.

Our goal is simple:

Help you understand your numbers, control your costs, make smarter investments, improve cash flow, and build a more profitable chiropractic practice.

You take care of your patients.

We'll help you take care of the financial health of your practice.