A handyman services CFO manages cash, pricing and tax for a company that bills a high volume of small jobs across several territories. They set how techs' time and materials become invoices, keep property manager receivables moving, and show the CEO which territories make money.
By the HireBus team · Updated · Pay data: BLS, May 2025
Median pay, residential builders and remodelers · BLS, May 2025
Oversee all financial aspects of our handyman services operations to ensure stable cash flow, effective budgeting, and cost efficiency. Serve as a strategic partner in driving fiscal planning and supporting sustainable business growth.
2. Essential Duties and Responsibilities
Manage and monitor company budgets to ensure effective allocation of resources and adherence to financial targets.
Conduct thorough cost analysis to identify opportunities for financial optimization.
Ensure stable cash flow and liquidity to support daily operations and long-term strategic investments.
Oversee financial reporting, forecasting, and regulatory compliance while maintaining transparency.
3. Key Tasks / Daily Activities
Review and update financial performance metrics to align with operational goals.
Collaborate with department heads to discuss budgeting needs and financial strategies.
Analyze daily cash flow statements and adjust financial plans accordingly.
Provide financial insights and recommendations to support decision-making processes.
4. Key Performance Indicators (KPIs)
Budget Variance: Maintain a variance of less than 5% against allocated budgets.
Cash Flow Stability: Achieve a minimum positive cash flow of 95% of target levels consistently.
Cost Savings: Identify and implement cost reduction initiatives that result in at least a 10% annual decrease in operating expenses.
Financial Report Accuracy: Ensure 100% accuracy in monthly financial reports and forecasts.
5. Required Qualifications and Skills
Bachelor’s degree in Finance, Accounting, or a related field; CPA or CMA certification is a plus.
Minimum of 7 years of financial management experience, preferably in a service-based industry.
Strong analytical skills and proficiency with financial software and ERP systems.
Excellent communication and leadership abilities to drive cross-departmental collaboration.
6. Preferred Experience
Experience working within the home services or maintenance industry.
Proven track record in managing budgets, cash flow, and cost control initiatives in a similar operational environment.
Demonstrated expertise in leading financial planning and strategy development.
7. Physical Requirements
Ability to work in a standard office environment.
Must be able to occasionally lift up to 20 pounds for document handling or administrative tasks.
Prolonged periods of sitting while working at a computer.
8. Work Environment and Schedule
Standard business hours with occasional extended hours during peak periods.
Minimal travel required for industry conferences and meetings.
On-call availability during financial crisis situations may be necessary.
9. Compensation and Benefits
Competitive salary range: $130,000 - $160,000 USD per annum.
Performance-based bonus incentives.
Comprehensive health, dental, and vision insurance.
401(k) retirement plan with company matching.
Additional fringe benefits such as paid time off and professional development opportunities.
10. Company Culture and Overview
Join a forward-thinking company that values innovation, transparency, and teamwork.
Enjoy a collaborative work environment where your expertise will drive the company’s financial success and overall growth.
Benefit from ongoing training opportunities and career advancement in a dynamic industry.
Be part of a company culture that celebrates diversity, integrity, and a commitment to exceptional service.
11. How to Apply
If you meet the above criteria and want to be part of a growth-oriented company focused on customer satisfaction, please send your resume to [INSERT EMAIL HERE] or apply online at [INSERT WEBSITE LINK HERE].
Need help filling this role? HireBus posts the ad, Iris interviews every applicant by phone before you do, and you decide who to hire. Start hiring now
Money arrives in small amounts from many customers, and the tax on a job can turn on the building and the task. These parts take a CFO's time here.
In Kansas, the building decides the sales tax
Kansas exempts the labor to repair, remodel or replace parts of a residence, which includes houses, duplexes, apartments and condos. Labor on a commercial remodel is taxable, and contractors pay tax on the materials and parts they buy. Fixing a customer's belongings falls under the state's repairman rules, which work like a retailer's. The CFO sets up billing so each job gets the right treatment. Source: Kansas Department of Revenue: Pub. KS-1525, sales and use tax for contractors, subcontractors and repairmen (Rev. 7-29-25).
Subcontracted handymen and the new 1099 line
Some handyman companies fill gaps with independent handymen instead of employees. Confirm each one truly runs an independent business before paying them that way. For payments made after the last day of 2025, the IRS raised the reporting line for Forms 1099-NEC and 1099-MISC from 600 dollars to 2,000 dollars, so the year-end vendor list needs the new rule. Source: IRS: Form 1099-NEC and independent contractors FAQ.
Small tickets carry full visit costs
A short visit carries much of the same drive time, parking and payment processing cost as a long one. The CFO checks whether the minimum charge and trip fee cover those costs in each territory, and whether card fees are eating the margin on the smallest jobs. Tiny jobs look fine one at a time and lose money in bulk.
Receivables live in the property managers' systems
Larger property management firms often require invoices through their own vendor portals, with the work order number, photos and an amount that matches the approval. One missing photo can push payment back a full cycle. The CFO tracks receivables by account and by rejection reason, then fixes the field or office step that keeps causing them.
How much handyman services chief financial officers make
The closest BLS group for handyman services chief financial officers is chief executives. Chief executives who work for residential builders and remodelers earned a median of $213,510 a year ($102.65 an hour) in May 2025, according to the Bureau of Labor Statistics. That’s about the same as the $213,990 median for chief executives in all industries. About 520 of the 204,350 chief executives in that survey work for residential builders and remodelers.
A CFO here usually earns salary and an annual bonus. BLS groups CFOs with all chief executives, so the template's range falls under the median on this page.
Residential builders and remodelers
$213,510$213,510 median Middle half $157,070–$315,530 10th–90th $91,200–$392,560
All industries
$213,990$213,990 median Middle half $129,540–$356,200 10th–90th $75,700–$507,730
10th–90th percentileMiddle halfMedianAnnual pay, May 2025. Source: BLS Occupational Employment and Wage Statistics.
Annual pay by percentile
Group
10th
25th
Median
75th
90th
Residential builders and remodelers
$91,200
$157,070
$213,510
$315,530
$392,560
All industries
$75,700
$129,540
$213,990
$356,200
$507,730
BLS doesn’t publish pay for handyman companies on their own. These figures cover residential building construction, which include them. Post a real range for your market in the ad.
The pay line in the template above is an example from our Role Blueprint. Set yours from these figures and what local companies pay.
Skills to hire for, and what you can teach
Hire for these
Builds a weekly cash forecast from job volume and receivables
Sets up job costing that works for many low-dollar tickets
Handles sales tax and payroll tax filings in more than one state
Explains margins by territory to leaders who aren't finance people
Has been through a lender review or an audit without surprises
Teach these on the job
Your scheduling and invoicing platform's payment flow
Each property manager's billing and portal rules
Your price book, minimum charges and trip fees
How each state taxes the services you sell
Your vehicle and tool cost tracking
A handyman CFO lives in the accounting system, the invoice and payment data from the job management platform, and payroll. List all three in the posting, plus any vendor portals your biggest property manager accounts require.
Two of the 6 questions we'd ask, and what a strong answer sounds like. Ask every candidate the same questions, and rate each answer on your own before you compare notes.
Situational · Finding margin leaks
Revenue is up, but margins have dropped for three months. Where do you look first?
A strong answer: Labor efficiency including drive and unbilled time, material markups, discounts, callbacks, outdated prices and the mix of job types.
Behavioral · Controlling costs
Tell me about a cost-saving effort you led in a service business, such as cutting store runs or van costs. How did you protect service?
A strong answer: Names the savings, such as fewer store runs from better van stock, and the service measures watched, such as arrival times and repeat visits.
Those targets are samples from the template. Choose yours from your own monthly closes and the cash cushion the owners want to keep.
Budget Variance
Each month, set actual spending against the budget by territory and line, such as tech wages, materials and vehicles, and explain each gap that week.
Cash Flow Stability
Track actual cash in and out against the weekly forecast, and watch property manager receivables and card deposits separately, since they arrive on different clocks.
Cost Savings
List each cost-cutting move with its expected savings, then check the expense line a quarter later to confirm the money really stayed in the company.
Financial Report Accuracy
Count corrections made to monthly reports and forecasts after they reach leaders, and trace each one to the entry or estimate that caused it.
Career path
Accounting manager at a multi-branch service companyCloses the books on many small jobs spread across branches.
ControllerOwns the monthly close, tax filings and job costing by territory.
Chief financial officerPlans cash, pricing, capital and lender relationships for the whole company.
Chief executive officerSome CFOs step up when owners want a leader who already knows each territory's numbers.
Should a handyman company charge hourly or use flat prices?
Both work. Hourly pricing is simple for odd lists, but customers watch the clock. Flat prices from a price book make quotes faster and reward quick techs, as long as the CFO compares real job times against the book and updates it. A common mix is flat prices for frequent tasks, such as hanging a door or swapping a faucet, and an hourly rate for the rest.
How much does a handyman services chief financial officer make?
Chief executives who work for residential builders and remodelers earned a median of $213,510 a year ($102.65 an hour) in May 2025, according to the Bureau of Labor Statistics. The middle half earned between $157,070 and $315,530 a year. Pay also depends on your local market, experience and bonus terms.
How should a handyman company budget for callbacks?
Track the tech time, drive time and materials spent on unbilled return visits, and charge them to the original job instead of overhead. That shows which services and which techs cost the most to make right. Set aside a monthly amount based on your own history, and revisit it whenever you add a new service.
Should a handyman company take a deposit?
For routine repairs, most companies collect at the end of the visit. For special-order items like doors, windows, vanities or custom shelving, a deposit covers the materials before you buy them and protects you if the customer cancels. Check your state's home improvement rules before writing a deposit policy, because rules vary by state.
What does the CFO template's 20-pound lifting line mean?
It points to office tasks: moving boxes of records to storage, carrying a case of printer paper, or setting up a room for a board or lender meeting. The rest of the job is desk and screen work. Put those duties in the posting, and discuss any changes a candidate may need.
