In this enlightening episode of Thriving in Construction, the Podcast, Patricia Bonilla sits down with the insightful Leslie Callender, CPA, CCIFP — a seasoned CPA with over 30 years of experience in construction accounting. Having started her career in 1991, Leslie brings three decades of hard-earned wisdom from the trenches of job cost tracking, financial systems, and the complex dance between contractors, clients, and cash flow.
What makes this conversation a must-listen for anyone in the construction industry is Leslie’s down-to-earth, systems-first approach to a topic that many owners shy away from: the numbers.
The Cash Flow Conversation No One Wants—but Everyone Needs
Patricia dives straight into one of the most common pain points in construction businesses: cash flow. Leslie explains that most construction companies don’t suffer from a lack of money—they suffer from a lack of visibility. When billing isn’t tracked properly, or project costs aren’t allocated clearly, even the most profitable jobs can lead to financial strain.
She emphasizes the power of proactive planning and the importance of building out tools like cash flow forecasts, weekly budget-to-actuals reports, and owner dashboards that provide real-time clarity. Leslie urges construction leaders to stop running their finances on “gut feelings” and instead lean into processes that protect their peace of mind.
From Firefighting to Forecasting
Throughout the conversation, Leslie and Patricia reflect on how many construction companies operate reactively—always putting out fires instead of preventing them. Leslie shares that even large firms often have financial gaps, not because they’re inexperienced, but because they lack internal structure. By implementing proper tracking tools and taking the time to align project budgets with accounting systems, businesses can transform their operations from chaos to confidence.
Advice for the Construction CEO
Leslie’s advice for business owners is simple but powerful: know your numbers, trust your systems, and don’t be afraid to ask questions. As a behind-the-scenes partner to many construction leaders, she has seen firsthand how a shift in mindset—from fear to financial literacy—can turn a struggling company into a thriving one.
Patricia and Leslie also discuss the emotional toll that financial uncertainty can take on CEOs and teams alike. “Having the right reports gives you peace of mind,” Leslie shares, “and when you’re sleeping at night, so is your business.”
Why This Episode Matters
This episode isn’t just about accounting—it’s about leadership. Leslie Callendar reminds us that financial clarity is an act of empowerment. Whether you’re just starting your business or scaling up, this conversation offers practical insights, seasoned wisdom, and the reminder that being in control of your money is being in control of your mission.
Ready to take control of your construction company’s finances? 🎧 Listen to the full episode with Leslie Callender now! https://youtu.be/xCO2wpapwQ4?si=SoFc7UAmSg7FEa4D