Chief Financial Officer
Job Summary
The Chief Financial Officer (CFO) is responsible for the financial strategy, management, and health of our company. This executive role will oversee all financial operations, including budgeting, forecasting, financial planning and analysis, and financial reporting. The CFO will ensure compliance with DoD financial regulations, manage financial risks, and provide strategic financial insights to support the company's growth and operational efficiency.
Essential Duties & Responsibilities
Strategic Financial Leadership: Develop and implement the company's financial strategy in alignment with overall business objectives. Provide strategic recommendations to the CEO, President, and executive management team based on financial analysis and projections. Prepare and present financial reports, forecasts, and strategic recommendations to the executive leadership team.
Financial Planning and Analysis: Oversee the preparation and analysis of financial statements, budgets, and forecasts. Oversee monthly, quarterly, and annual financial close processes and ensure timely delivery of financial reporting packages. Ensure accurate and timely financial reporting to internal and external stakeholders.
Budget Management: Lead the annual budgeting process, ensuring alignment with strategic goals. Monitor and analyze budget variances, and implement corrective actions as needed.
Regulatory Compliance: Oversee government contract accounting, including indirect rate development, incurred cost submissions, provisional billing rates, forward pricing rate proposals, and DCAA audit support. Ensure compliance with FAR, DFARS, CAS, Truthful Cost or Pricing Data (TINA), and other applicable federal regulations. Establish and maintain effective internal controls to safeguard company assets and ensure the integrity of financial reporting. Manage audits and liaise with regulatory bodies to ensure adherence to financial reporting requirements.
Risk Management: Identify and manage financial risks, including liquidity, credit, and operational risks. Develop and implement risk mitigation strategies to safeguard the company's financial health.
Treasury and Capital Management: Direct treasury functions, including cash forecasting, banking relationships, debt management, and working capital optimization. Oversee cash flow management, investment strategies, and capital structure optimization. Manage relationships with banks, investors, and other financial institutions.
Team Leadership: Lead, mentor, and develop the finance team to ensure high performance and professional growth. Foster a culture of accountability, transparency, and continuous improvement within the finance department.
Growth and Strategic Planning: Support strategic growth initiatives, including bid pricing strategies, contract profitability analysis, and long-range business planning. Support corporate governance initiatives and ensure adherence to ethical financial management practices. Provide financial leadership in proposal pricing, contract negotiations, and profitability analysis. Evaluate potential mergers, acquisitions, and strategic partnerships. Lead financial due diligence and integration efforts for acquisitions.
Stakeholder Communication: Communicate financial performance and strategy to the board of directors, investors, and other stakeholders. Collaborate with other departments to ensure financial alignment with overall company goals.
Qualifications & Requirements
- Candidates must be considered ITAR Authorized US Persons as defined under 22 CFR120.62. Candidates must be lawfully permitted and comfortable working in facilities with access to firearms and munitions. Active secret clearance or ability to obtain and maintain a U.S. Government security clearance, if required preferred.
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or advanced degree preferred.
- Minimum of 15 years of experience in finance and accounting, with at least 5 years in a senior financial leadership role within a DoD contracting environment. Strong understanding of DoD financial regulations and standards, including FAR and CAS. Expertise in financial planning, analysis, and reporting. Demonstrated experience working with Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) audits, reviews, and compliance requirements. Experience with government contract accounting and compliance. Experience with DCAA/DCMA. Exceptional leadership and team management skills. Excellent analytical and problemsolving abilities. Strong communication and interpersonal skills. Experience implementing and managing ERP and government accounting systems such as Dynamics, Deltek Costpoint, Unanet, Oracle, SAP, or similar platforms. CPA, CFA, or other relevant certifications are highly desirable.
- ISO 9001:2015 training
Physical Demands & Abilities
- Regularly spend long hours sitting and using office equipment and computers.
- Frequently work on projects that require deadlines.
- Work will be mostly completed in a climate-controlled office environment but requires some business travel.
Working Conditions
- Work will be mostly completed in a climate-controlled office environment but requires some business travel.