Vice President of Finance

Essential Functions of the Role: The Vice President of Finance of a leading communications company in the defense contracting industry will be responsible for overseeing all financial operations and activities of the company and assists the President in the successful growth of the organization guided by financial performance. The VP of Finance will provide leadership management and vision necessary to ensure that the company has the proper operational controls financial administration and reporting procedures to effectively guide the financial organization and deliver accurate financial reports and projections. This includes financial planning reporting analysis and strategy. The role requires a strategic thinker with excellent leadership skills to manage the finance team and ensure the companys financial health and growth.

Essential Responsibilities:

• Manages and conducts the corporate financial planning budgeting forecasting accounting risk management and cash flow activities
• Serve as the company executive responsible for SOX compliance annual audit and timely financial reporting via certification of monthly and quarterly financials through the President and ultimately up through the publicly traded parent company
• Provides ongoing financial team leadership including day-to-day management to ensure the team is structured efficiently and is optimized to deliver timely and accurate financial reporting and forecasting

Corporate Accounting and Operations:

• Manage corporate accounting day-to-day operations and the month-end closing process.
  • Ensure accurate and timely quarterly financial reporting reconciliations and adherence to accounting principles.

Finance Business Partner:

• Act as a finance business partner for the management team and departments such as sales R&D and operations.
  • Provide financial insights and support to drive strategic decision-making and operational efficiency.

Team Leadership and Development:

• Manage train and mentor members of the Finance Team.
  • Foster a collaborative and high-performing team culture encouraging continuous learning and professional development.

Financial Reporting and Compliance:

• Prepare a full reporting package in compliance with U.S. GAAP for headquarters.
  • Ensure the accuracy and integrity of quarterly financial statements maintaining compliance with regulatory standards.

• Prepare regulatory reports including tax returns and government agencies.
  • Ensure timely and accurate submission of all required regulatory filings.
  • Interface with DCAA/DCMA and other regulatory bodies.
  • Lead the development and maintenance of indirect cost rate structures and ensure timely submission of incurred cost submissions (ICS)

Audit and Internal Controls:

• Work directly with the Companys auditor and manage the audit and SOX (Sarbanes-Oxley Act) process.
  • Coordinate internal and external audits ensuring compliance with SOX requirements and addressing any findings.

• Ensure compliance with federal regulations including FAR and DCAA audit requirements.

Establish and maintain controls over cash inventory and other assets.

• • Implement and monitor internal controls to safeguard company assets and mitigate financial risks.

Budgeting and Financial Planning (FP&A):

• Prepare the annual budget and maintain ongoing control over it.
  • Develop comprehensive budget plans monitor performance and provide variance analysis.

• Manage financial planning and analysis tasks including budget preparation control and ongoing forecasting.
  • Support strategic planning initiatives through detailed financial analysis and projections.

Accounts and Financial Operations:

• Oversee all accounts payable accounts receivable purchasing and payroll activities.
  • Ensure efficient and accurate processing of financial transactions and adherence to company policies.

Potential Responsibilities (at SVP level):

• IT and Facilities: provides oversight for facilities management and information technology functions
• FSO: with proper security clearance at the TS level provide oversight and serve as the senior executive responsible for the company facility clearance as well as personnel clearances managing the Facility Security Officer and related service functions
• Contracts and Compliance: provides oversight for contracts and compliance personnel and functions including the team responsible for drafting negotiating and executing contracts and agreements. Serve as the senior executive responsible for leading the export compliance and FOCI mitigation compliance function

Requirements:

• Minimum 10 years of experience
• Bachelors Degree and CPA MUST
• Big 4 graduate - MUST
• Managerial experience
• Exceptional analytical communication and leadership skills.
• Experience in U.S. GAAP and public company accounting regulations
• Experience within a government contract environment preferred (Government contracting Federal Contracts DFAS/DCMA audit)
• Strong knowledge of government contract types (CPFF FFP T&M) indirect rate structures and cost accounting preferred
• Experience as a controller/assistant controller in a public company
• Knowledge of the Deltek system -preferred
• Knowledge of SOX compliance practices

Preferred:

• U.S. Security clearance at SECRET or TOP SECRET
• Experience leading IT and facilities functions in a defense contracting company
• Experience serving as a FSO or leading FSO functions
• Experience leading a Contracts and Compliance team and function as part of the corporate finance and business department