Independent Financial Risk Advisor to Contractors and Surety Partners
John M. Fullmer, Jr. provides specialized financial advisory services to construction contractors who need experienced insight into backlog risk, cost-to-complete discipline, working capital structure, and reporting credibility with sureties and lenders.
With decades of experience as a construction CFO, surety underwriter, and surety claims manager, John brings a rare multi-perspective understanding of how contractors are evaluated — and where financial risk begins to form.
Contractors or surety professionals who would like an independent perspective on backlog risk, WIP reporting, or financial visibility are welcome to reach out for a brief introductory conversation.
The Fullmer Advantage
- Financial Diagnostics: Independent review of backlog, WIP, and working capital supporting bonded operations.
- WIP Integrity: Helping financial reporting reflect current job reality.
- Bonding Capacity Strategy: Aligning reporting discipline with surety expectations.
- Claims Perspective: Recognizing early warning signs before they become financial disruption.
- Fractional CFO Insight: Executive-level guidance without full-time overhead.
About John
John M. Fullmer, Jr. has worked on every side of the contractor–surety relationship — as a construction CFO, a surety underwriter, and a surety claims manager. This uncommon perspective allows him to evaluate contractor financial reporting through the same lens used by sureties, lenders, and institutional partners when assessing financial strength and bonding capacity.
The core of John’s career was built in high-stakes environments like Wagman, Inc. and Charter Homes, where he managed complex capital structures, institutional banking relationships, and multimillion-dollar project portfolios. He understands that for a contractor, financial reports are not simply accounting records — they are the foundation of credibility with lenders and sureties.
During his tenure at Aegis Security Insurance Company as both a surety underwriter and claims manager, John evaluated contractor financial strength, authorized bonding support, and directed the investigation and resolution of Payment and Performance bond claims nationwide. This experience provided both a front-end and post-mortem perspective on project risk, and now informs his ability to identify early warning signs of margin fade, reporting weakness, and operational financial distress within contractor financial statements.
Through Fullmer Finance, LLC, he provides a calm, disciplined, and integrity-driven perspective to contractors seeking stronger financial visibility and more credible reporting. His work helps management teams move toward clearer, more dependable financial discipline as backlog and complexity increase.
Services
Financial Diagnostic Engagement
- Independent review of backlog, WIP schedules, and cost-to-complete assumptions
- Working capital analysis supporting current operations and bonded backlog
- Assessment of reporting discipline and financial visibility
- Written diagnostic report and management discussion of findings
- Clear recommendations for strengthening financial credibility
Fractional CFO & Financial Advisory
- Monthly financial review and WIP oversight
- 13-week rolling cash flow planning and forecasting
- Owner-level financial strategy during growth or transition
- Overhead analysis and margin fade mitigation
- Executive support without full-time overhead
Surety & Banking Readiness
- Professionalizing financial reporting for bonding renewals
- Strengthening financial credibility with sureties and lenders
- Review of reporting weaknesses affecting confidence
- Support for management discussions around financial clarity
- Targeted advisory tied to bonding capacity strategy
Construction Risk & Funds Control
- Project-specific payment control support for high-risk work
- Monitoring contractor financial health for third parties
- Support for sureties and lenders on financially stressed projects
- Subcontractor and cash flow tracking tied to project exposure
- Development of more disciplined reporting processes
Areas of Focus
- WIP schedule reliability
- Cost-to-complete forecasting discipline
- Backlog concentration risk
- Working capital structure supporting bonded backlog
- Financial reporting credibility with sureties and lenders
- Early identification of margin fade and operational financial risk
Why Clients Choose John
The Differentiator
- Former Surety Claims Manager: He understands why projects fail and how financial warning signs form.
- Former Construction CFO: He has led contractor financial strategy through growth, transition, and complexity.
- Former Surety Underwriter: He understands how financial reporting is viewed by bonding decision-makers.
- Construction Specialist: He speaks the language of job costing, WIP, cost-to-complete, and over/under-billings.
- Grounded Approach: Calm, no-nonsense, integrity-driven leadership.
Who He Supports
Strategic partners and client relationships may include:
The Engagement Process
Connect with John
John M. Fullmer, Jr.
Fullmer Finance, LLC
Southport, NC 28461
Phone: (717) 309-2600
Email: john@FullmerFinance.com
To discuss a financial diagnostic engagement, fractional CFO support, or a specific contractor reporting issue, please send an email or reach out via LinkedIn. John responds personally to all inquiries.