Chief Financial Officer

Description

Position Summary: As the CFO, you will play a pivotal role in driving our financial success and ensuring the well-being of our company. Your expertise will shape our financial strategy, making a significant impact on day-to-day operations and long-term growth. We seek a seasoned strategist who can lead the implementation of efficient accounting practices and policies, optimizing the use of our funds. You will also lead the effort towards a successful liquidity event. And as a key member of the senior management team, you will demonstrate strong leadership and communication skills, representing our company values while exceeding the expectations of our vendors and customers by performing the following:

Duties and Responsibilities:

1. Prepare the Company for a potential liquidity event including laying the financial roadmap for a successful exit.

2. Establish and optimize processes and reporting for cash management, insurance, budgeting, and financial reporting to drive our financial strategy.

3. Enhance our financial reporting capabilities to prepare the Company for an annual audit through recommended improvements.

4. Lead the development of annual operating and capital budgets, providing access to project finance information and ensuring contract/grant compliance and reporting.

5. Lead the cash flow forecasting and analysis including multiple scenario analysis to maintain optimum liquidity and forecasting future cash needs. 

6. Research revenue opportunities, analyze internal operations, and identify areas for cost reduction and process enhancements.

7. Enhance finance and accounting automation through the use of new tools, various AI tools and finding way to save time and costs.

8. Partner with the Sales team to help shape and negotiate cost and pricing structures for our customers and lead the review of the final quotes to ensure alignment with margin and profitability goals.

9. Oversee HR benefit and payroll operations to ensure best practices, accurate recording, and cost containment measures.

10. Monitor business performance, implement corrective measures as needed, and present detailed reports to the executive team and key stakeholders while owning the monthly operating review process.

11. Manage finance staff and oversee financial IT systems, ensuring compliance with relevant regulatory entities, and government reporting requirements

12. Ensure cash flow alignment with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities.

13. Maintain strong relationships with financial institutions and external service providers, including commercial and investment banking partners

14. Develop and implement best practices and tools to ensure a well-controlled and flexible organization with strong fiscal management, project coordination, cross-team communications, and workflows.

15. Present progress reports on departmental projects to senior management and customers as required.

General Expectations:

1. Collaborate effectively with other managers to promote teamwork and a positive work environment to achieve company goals.

2. Lead accounting and finance process improvements, expense reduction, and ensure accurate and timely reporting.

3. Deliver financial analysis and Company updates on time with key insights to help drive the business.

4. Model cash flows including various scenario analysis. 

5. Demonstrate sound decision-making skills with meticulous attention to detail.

6. Exhibit executive presence and courage.

7. Be an effective and contributing member of the Leadership Team.

8. Embody the Company's core values in all communications and activities.

Requirements

Qualifications:

1. Master’s degree (or equivalent experience) in accounting or finance

2. Minimum of 10 years of increasing responsibilities within accounting and finance 

3. Minimum of 5 years of senior management experience

4. Minimum of 5 years’ financial and technical reporting experience

5. Accounting certification preferred (CPA)

6. Strong analytical and computation skills, coupled with demonstrated strategic planning skills.

7. Military contracting experience a Plus

8. Demonstrated ability to communicate effectively orally and in written form, internally and externally.

9. Highly proficient with MS Office Suite.

10. Demonstrated financial ERP & IT systems experience, CETEC a plus.

11. Solid GAAP knowledge and experience

12. Aerospace or Biomedical experience specialization a plus.

Work Environment Requirements:

1. Domestic travel as needed.

2. Office environment is typical for day-to-day operations.