Chief Financial Officer

About the role

Position Title: Chief Financial Officer (CFO)
Location: McLean, VA (Hybrid)
Employment Type: Full-Time; Exempt
Reports To: President/CEO

Responsibilities

• Serve as a key member of Blackwatch's Executive Leadership Team and provide financial leadership across the organization.
• Partner with the President to develop and execute the Company's financial strategy and support long-term business objectives.
• Provide executive leadership with meaningful financial reporting, operational analysis, and recommendations to improve profitability and organizational performance.
• Develop executive dashboards, key performance indicators (KPIs), and financial reporting packages.
• Identify financial risks and recommend appropriate mitigation strategies.
• Support strategic growth initiatives by providing financial analysis, forecasting, and decision support.
• Build a scalable Finance organization capable of supporting the Company's continued growth.

Financial Leadership

• Provide executive oversight of all accounting operations, including general ledger, accounts payable, fixed assets, and financial reporting.
• Partner with VP of Human Resources to support payroll accounting, financial reporting, reconciliations, and internal controls.
• Direct the monthly, quarterly, and annual financial close processes.
• Ensure timely and accurate preparation of financial statements in accordance with GAAP.
• Review and approve journal entries, account reconciliations, and supporting schedules.
• Ensure strong internal controls, financial governance, and accounting policies.
• Lead continuous process improvement initiatives and accounting system enhancements.

Government Contract Financial Compliance

• Provide executive oversight of all accounting activities supporting the Company's government contracts.
• Ensure compliance with GAAP, FAR, CAS, DCAA requirements, and other applicable government contracting regulations.
• Oversee indirect rate calculations, forecasting, monitoring, and variance analysis.
• Direct preparation and review of provisional billing rates, incurred cost submissions (ICE), annual indirect rate proposals, and other required government financial submissions.
• Lead DCAA audits, financial statement audits, and other government compliance reviews.
• Parenth with the VP of Contracts to ensure the financial components of contract awards, modifications, funding changes, and project setup are accurately reflected within Unanet.
• Ensure appropriate accounting treatment for revenue recognition, indirect cost allocation, labor distribution, and financial reporting.

Financial Planning & Analysis

• Lead the annual budgeting process.
• Develop rolling forecasts, financial projections, and cash flow analyses.
• Analyze organizational financial performance and communicate significant trends and variances to executive leadership.
• Monitor profitability by contract, customer, and business unit.
• Develop financial models and scenario analyses to support executive decision-making.
• Recommend strategies to improve operational efficiency, profitability, and cash flow.

Treasury & Corporate Finance

• Oversee cash management, liquidity planning, and working capital management.
• Develop short- and long-term cash flow forecasts.
• Maintain relationships with banking partners and oversee treasury activities.
• Cook annual tax support, insurance renewals, and financial reporting requirements.
• Support annual budgeting and financial planning processes across the organization.
• Evaluate financial systems and recommend investments that improve operational efficiency and scalability.

Leadership & Organizational Development

• Lead, mentor, and develop the Finance and Accounting team.
• Establish departmental goals, performance expectations, and professional development plans.
• Foster a culture of accountability, collaboration, innovation, and continuous improvement.
• Build scalable accounting and financial processes that support organizational growth.
• Partner closely with Human Resources, Operations, Program Management, and the Vice President of Contracts to ensure sound financial management across the organization.
• Serve as the Company's executive resource for financial reporting, accounting, government contract financial compliance, and financial operations.