A recruiting firm's reputation (and fee!) depend on finding well-qualified candidates for their construction clients. A CPA license alone does not guarantee knowledge or experience in the skills required of a construction CFO. Candidates with the CCIFP designation have a base level of competence in construction financial management, however, to earn the CCIFP designation they must show proficiency in eight domain areas, including:

  1. Accounting and reporting
  2. Income recognition methods
  3. Risk management
  4. Budgeting and planning
  5. Legal
  6. Human resources
  7. Taxes
  8. Information technology

The CCIFP exam can be challenging even for those with ten or more years experience in construction financial management. That's why industry participants and influencers can be confident that a CFO or controller with the CCIFP certification has met a high standard as a construction financial manager, but furthermore, has also met a high ethical standard.

If you are searching for qualified candidates for a senior-level financial management position in construction, you should specify the CCIFP designation as a requirement in your recruiting documents. You will be several steps ahead in prequalifying competent candidates and will be doing your clients a favor.