From Controller to Fractional CFO: Luke Nelson on Cash Flow, Retainage & Building Better Contractors

About the Guest:Luke Nelson is a seasoned construction finance leader who has served as controller, CFO, and now fractional CFO to contractors across the U.S. He helps owners and project teams align operations and finance, negotiate retainage, and make better decisions using real-time job cost data.Episode Highlights:In this Finance at the Job Site episode, Rishi and Luke dive into:Luke’s journey from public accounting → controller → CFO → fractional CFOLessons on overcoming imposter syndrome and earning a seat at the tableCultural and regional differences in construction finance practicesWhy bank balance–based decision-making leads to cash flow surprisesHow to use WIP reports to stay ahead of revenue and margin slippagePractical strategies for negotiating retainage and avoiding fee fadeWhy project managers need to be financially literate to protect profitThe importance of monthly project reviews — and how to run them wellThe future role of the construction CFO — and where AI fits in📺 Watch on YouTube🔔 Follow Finance at the Job Site so you never miss an episode!📢 Hashtags:#FinanceAtTheJobSite #ConstructionFinance #ConstructionCFO #FractionalCFO #Retainage #CashFlow #FeeFade #WIPReports #ConstructionLeadership #ConstructionPodcast #BuildBetterContractorsTo get the next episode delivered directly to your inbox signup here to our newsletter:https://beiinghuman.com/newsletter-signup/