For construction companies, understanding financial performance means understanding the real-world projects behind the numbers. Long-term contracts, fluctuating job costs, retainage, bonding requirements, labor constraints, percentage-of-completion revenue recognition, and project-specific risks create a unique financial landscape; one that demands specialized, industry-tested guidance.

At HBE, we believe that providing exceptional client service starts with investing in our people and developing expertise in the industries we serve. We’re proud to recognize Andrew Jacob, CPA, CCIFP®, a manager in HBE’s Construction Industry Specialty Group, for earning the Certified Construction Industry Financial Professional (CCIFP®) designation.

Andrew’s achievement reflects both his personal dedication to professional growth and HBE’s broader commitment to building specialized knowledge that helps our clients succeed.

A Credential Built for the Construction Industry

Administered by the Construction Financial Management Association (CFMA) and accredited by the ANSI National Accreditation Board, the CCIFP® is the only nationally recognized certification focused on construction financial management.

It is formally recognized by leading national industry bodies, including:

• Associated General Contractors of America (AGC)
• Associated Builders and Contractors (ABC)
• American Subcontractors Association (ASA)
• National Association of Surety Bond Producers (NASBP)

Earning the designation requires demonstrated construction industry experience, successful completion of a rigorous examination, and a commitment to ongoing professional education and ethical standards.

The certification encompasses eight key areas of construction financial management, including accounting and financial reporting, revenue recognition, budgeting and planning, risk management, taxation, legal matters, human resources, and information technology.

Together, these areas reflect the interconnected financial and operational decisions construction businesses navigate every day.

Strengthening the Expertise Behind Our Client Relationships

Earning the CCIFP® isn’t just a personal milestone for Andrew; it expands the value HBE brings to our construction clients every day:

• Stronger Surety & Banking Relationships: Bonding companies and financial institutions look favorably on contractors who partner with accredited construction specialists. Our team can help present your financials with maximum clarity and credibility to bonding agents and lenders.
• Proactive Operational Insights: Beyond traditional compliance, we bring an operational lens to your financial statements—helping you evaluate project risk, protect margins, manage retainage, and improve cash flow.
• Informed Growth & Strategy: From navigating fluctuating material costs to evaluating tech tools or preparing for business succession, you get practical advice grounded in current construction industry benchmarks.

Investing in Our People. Delivering More for Our Clients

Investing in the continued growth and development of our professionals strengthens the quality of service, relationships, and expertise our clients can count on.

We encourage our professionals to continually expand their knowledge, pursue advanced credentials, participate in industry organizations, and share what they learn across our teams. This commitment allows us to strengthen our industry focus while helping clients navigate increasingly complex business environments.

Andrew’s CCIFP® certification is an excellent example of that commitment in action.

Congratulations, Andrew, on this well-deserved achievement! We’re proud of your dedication to the construction industry and the expertise you bring to HBE and our clients.