CFMA’s Annual Conference is designed for CFOs, controllers, and financial managers in the construction industry; construction CPAs; banking and financial service professionals; insurance professionals; surety underwriters; attorneys; and other construction industry specialists.
From early morning Dawn Peer Groups to informative Breakout Sessions, popular General Sessions and Roundtable Discussions – CFMA’s conference programs provide the tools and skills you need to keep up with the changes and challenges in construction financial management. In this on demand archive, you’ll find specialized topics by thought-provoking speakers that will help you to succeed in this unique industry.
Featured programs from our 2015 Annual Conference:
Successful people are great influencers. They know how to get consensus, ownership, and buy-in without manipulation, intimidation, sacrificing relationships, or stepping on toes. Getting the job done the right way hinges on your ability to sell yourself and your ideas in a trusting and positive way so that people will choose to follow your lead, cooperate with you, learn from you, buy from you, partner with you, and support you so you can make things happen!
Strategic business decisions within the construction industry require accurate and timely financial information. Is your company struggling to make data-driven decisions in a fast-paced environment? Are you duplicating processes and looking to improve efficiencies? In this highly interactive session you will learn how to apply Lean Six Sigma to your accounting processes, and use a detailed toolkit to help identify inefficiencies and initiate process improvement in a proven and systematic way.
Learn about Lean Six Sigma, the nine categories of waste, and how to eliminate them.
Evaluate one contractor’s use of Lean Six Sigma to reduce the financial closing time from 60-90 days to 15 days.
Understand the tools to employ these methodologies in your accounting department to expedite data-driven strategic business decisions in a fast-paced environment.
Apply the Lean Six Sigma supplier, input, process, output, and customer (SIPOC) process to identify specific areas that need improvement within your accounting department.
Complete a project charter to initiate your improvement plan in a proven and systematic way.
Construction is a labor-intensive industry and is facing a significant shortage of current and future skilled workers. Progressive companies understand human capital is an asset to be leveraged and a risk to be managed. Management in construction continues to evolve from traditional human resources to a talent management model. Employee, supervisory, and leadership development is a bridge that leads to effective human capital risk management.
Define human capital risk management and discuss the benefits of managing human capital as a tangible and intangible asset.
Discuss traditional personnel vs. current employee development vs. emerging talent management workforce challenges impacting the construction industry.
Discuss how employee development and talent management can counter the current and future workforce shortage.
Present an overview of the major employee development and leadership development models used by Lakeside Industries.
Facilitate an interactive roundtable among attendees to exchange lessons learned, success stories, and best practices.
In a perfect world all employees would be high achieving, self-motivated, and engaging team players who see the big picture and always strive to do their best to get the job done on time without complaining. In the real world, many employees simply meet expectations, lack initiative, bring their personal life to work, stress over every change and complain about having to work...on the job!
Identify the specific strengths and limitations of their own leadership style.
Learn the top reason why an employee does not work to his or her full potential.
Understand the three basic groups of employees and how to motivate each one.
Discover the number one mistake leaders make that they can correct starting tomorrow.
Identify the three main differences between a healthy, functional work environment and one that is not.
This presentation will cover areas where your company's finance department can make or break collection of claims and can drastically affect cost of outside consultants and lawyers through: data organization and searching, allocation of expenses, tracking extra costs separately, tracking what are “allowable” costs under owner rules and separating them from other costs to avoid audit and false claim issues, and assuring compliance with ethics and claims certification processes.
Learn to identify how a specific contract may direct you to keep records to support claims for extra work.
Learn to identify owner restrictions on what you can collect for changes and claims to assure ability to segregate costs.
Learn to identify laws and regulations that put your company and CFO at risk for improperly stated claims.
Learn how to explain to operations staff the importance of keeping records as you direct for changes and claims.
The self-performing nature of subcontracting adds complexity to project cash flow, cost to complete estimates, change order pricing, and forecasting profitability. Good communication and understanding between operations and accounting is essential to the subcontractor’s business, but often seems unattainable. A moderated panel of three CFOs respond to the results of a project manager survey and explore the effects of organizational culture, incentive systems, training, reports and information, timing, trust, and working toward the same goal.
Identify traits in an organization’s systems and culture that can facilitate good communication.
Define the critical areas of understanding for project management and accounting in your own organization.
Identify areas where you can have an impact to improve the understanding between accounting and operations in your organization.
In this session we’ll examine the different levels of BIM and how each provides a diverse level of functionality or maturity. Discover the data and benefits that each of these levels offer and how your organization can take advantage.
Learn about the different levels of BIM and how they offer new and diverse quantities and qualities of data.
Discover the advantages of moving to the second and third levels of BIM, and what new information pathways and connections are modeled and shared among team members.
Realize the ways in which different stakeholders benefit from BIM (such as project team members who benefit from contractors, as well as architects and owners who can share models and information in a highly collaborative environment).
Jeremy Larsen, Senior Product Manager, Viewpoint Construction Software
Expenses and compliance burdens caused by employer-sponsored health plans are significant for contractors and can dramatically affect a company’s profitability in a hyper-competitive environment. This session will cover the state of health care – costs, trends, and changing methodologies for providing this costly benefit. Further, we will look at emerging trends in exchanges, stop-loss coverage, and wellness programs as mitigating tools for contractors.
Identify the key trends in health care and their impact to contractors and the construction industry.
Identify and discuss the trends – and debunk the myths – surrounding health exchanges (both public and private).
Define the areas of signficant change for contractors – and associated forecasted cost impact – in the health care employee benefits offering.
Detail best practices on managing the spend through tactical and real-world initiatives: wellness programs, narrow networks, etc.
Identify the primary areas of financial exposures for self-funded health plans (and those considering self-funded platforms).
It’s time to move past just talking about strategic business planning and get down to the process. Hear from an industry veteran who will share what he has learned about reasearching, developing, documenting, communicating, implementing, and continuously improving more than 200 strategic business plans. He'll also coach you on the CFM’s role in the planning process, how to become more strategic, and how transform yourself and your company.
Demystify strategic business planning, remove the misconceptions, and understand current best practices.
Learn the vocabulary of seasoned strategic CFMs so that you can earn, or keep, your seat in the board room.
Understand the multiple-phase planning cycle so well you can take it back home and put it in place in your company.
Master the most common barriers to strategic plan implementation and learn how to win over (and maybe even impress) the naysayers.
Leave the session with not only technical insight, but also inspiration to be a strategic purpose agent.