Odyssey Financial & Accounting Solutions, LLC

Odyssey Financial & Accounting Solutions is a Charlestown accounting and advisory firm that works specifically with construction companies. Rather than serving many industries, it focuses on builders and contractors and the financial issues common to them, such as job costing, work-in-progress reporting, retainage, change orders, payroll and the timing of cash flow. The goal is to help owners see where profit comes from, protect margins and plan ahead without surprises.

Services run from bookkeeping, monthly financials, payables and receivables management to payroll processing, 1099 filing and compliance support. The firm also acts as a fractional CFO, offering cash flow forecasting, budgeting, KPI reporting and strategic planning, and it helps set up and streamline accounting systems. In one case study, a residential builder raised average job profit from 19 to 27 percent through a structured change order process and revised pricing.

What to Know

• The firm builds rolling 13-week cash flow forecasts so owners can plan draws and cover payroll and vendors.
• It advises contractors preparing for growth, succession or an eventual exit.
• Its services are designed for construction companies at every stage of growth.
• It is a member of the North Shore Chamber of Commerce.