Jennifer Murphy (CFMA Chair): Inside ESOP Culture, WIP Discipline & the Future of Construction Finance
Description
In this episode of Finance at the Jobsite, host Rishi Srivastava sits down with Jennifer Murphy, CFO of Pleune Service Company and National Chair of CFMA (Construction Financial Management Association).
Jennifer shares how she helped transform a Michigan mechanical contractor into a thriving employee-owned (ESOP) business, leading with financial transparency, process discipline, and people-first culture.
You’ll learn:
How ESOP ownership changes company behavior and motivation
What makes WIP meetings accurate, fast, and valuable
How to shorten the cash conversion cycle with simple reports
Why field techs resist (and later love) mobile work orders
Where Sage 300 + Timberscan + Field Ops excel—and where they fall short
Why AI and succession planning are now boardroom topics for CFOs
Jennifer’s story combines financial rigor, leadership humility, and actionable tactics every construction finance leader can apply.
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