Professional bookkeeping and technology transformation services for General Construction, Real Estate, Solar & Wind Renewable Energy Contractors
Our financial experts specialize in construction accounting and technology transformation services developed to help construction firms improve the efficiency and productivity of their accounting, planning, back-office and field operations. We offer construction industry specific information management designs and accounting & finance experience. With IFI by your side, your firm will reduce costs and improve productivity resulting from paperless, streamlined and optimized information flows and the use of modern technology designed to meet your specialized, growing and always changing construction business needs.
Our industry focus means we've acquired in-depth know-how and developed construction specific designs and best practices unmatched by accounting firms, IT consultants or software value-added re-seller (VARs). We provide a range of construction accounting, financial planning & analysis, and bookkeeping services to meet the distinct financial and operational requirements of the construction industry including Project/job costing, Contract backlog (both Invoice and Revenue), Budget tracking to commitments and spend by project and cost code. This includes automation of the revenue and WIP recognition based on % of completion - in under 30 secs. We can also provide visibility for baseline budgets and budget adjustments so you can gain insight into what drives project profitability. Overall, you will gain insights into the total cash position of any project to ensure you are not underwater in any one project.
Our CFO and Founder Jim French will share his vision for Continuous Accounting and discuss with Darren Devine, VP of Finance at Cypress Creek Renewables, how over 150 companies have leveraged the Continuous Business Model to improve financial visibility.
Jim is a finance and operations executive experienced in digital transformation specific to the streamlining of operations by using modern software capabilities to deliver single-source-of-the-truth information output. Leveraging his public accounting, operations and software experiences Jim has designed and used best-in-class back-office cloud based systems to funnel operational and financial information as part of daily business activities to capture, process and report on key financial and operational matrices. With a proven track record, Jim has helped organizations in commercial construction and engineering professional services successfully achieve digital transformation that supported their growth plans. His philosophy is to always start with the end-in-mind and make sure your first initiative solves a short-term. Along the way, streamlining operations using software so that financial and operational data are cubed and ready for mining without data manipulation.
Darren leads the company’s financial planning and accounting functions. In this role he oversees Cypress Creek’s internal and external financial reporting as well as treasury activities. Darren joined Cypress Creek in 2016 with nearly two decades of accounting and finance experience focused on preparing startup companies for audits and public markets. Prior to Cypress Creek, Darren spent five years with the assurance group at PricewaterhouseCoopers and was business unit Controller with Creation Technologies. He has also served as Associate Vice President and Director of Internal Audit at American Homes 4 Rent (NYSE:AMH) where he implemented the initial Sarbanes Oxley control environment. Darren is a Certified Public Accountant and received a Bachelors of Business Administration from Simon Fraser University in Burnaby, Canada and a Bachelors of Accounting from the University of British Columbia in Vancouver, Canada.