Chief Financial Officer

As the Chief Financial Officer, you’ll drive our financial strategy, optimize capital allocation, and ensure operational efficiency. The CFO is a key strategic financial business partner accountable for the financial, administrative, and risk management operations of the company. This role is managing the accounting function, including payroll, audit and tax; and the Business Office which includes safety compliance, facility, office administration, security, purchasing and shipping. The CFO optimizes the company’s cash flow and provides accurate and timely financial information to the executive team, departmental heads, and the Board of Directors. As a member of the Executive Team, the CFO participates in the setting of yearly strategic goals and managing staff to meet or exceed goals. Reports directly to the CEO.

Description:

What You’ll Do:

As the Chief Financial Officer, you’ll drive our financial strategy, optimize capital allocation, and ensure operational efficiency. The CFO is a key strategic financial business partner accountable for the financial, administrative, and risk management operations of the company. This role is managing the accounting function, including payroll, audit and tax; and the Business Office which includes safety compliance, facility, office administration, security, purchasing and shipping. The CFO optimizes the company’s cash flow and provides accurate and timely financial information to the executive team, departmental heads, and the Board of Directors. As a member of the Executive Team, the CFO participates in the setting of yearly strategic goals and managing staff to meet or exceed goals. Reports directly to the CEO.

• Chief Financial Officer and strategic business partner to senior executive leadership team
• Drive financial performance of organization regarding long-term operational goals, budgets and forecasts
• Provide insight and recommendations to both short-term and long-term growth plan of organization
• Identify, acquire and implement systems and software to provide financial and operational information and control. Evaluate departments and make suggestions for automating processes and increasing working efficiency and company performance
• Communicate and interact with Board of Directors, CEO, COO and Executive Leadership Team
• Create and establish yearly financial objectives that align with the company’s plan for growth
• Serve as a key member of executive leadership team including strategy, operations and tactics
• Interact with and bring finance department into line with Board of Directors’ plans, initiatives and recommendations
• Implement policies, procedures and processes to drive business performance and comply with laws and regulations
• Manage HR functions including benefits, hiring process, onboarding and offboarding with help from existing team and the outsource HR management partner
• Manage the company’s ESOP plan, HR, 401K plan and benefits
• Manage the company insurance compliance

• Prepare and present monthly financial reports including monthly profit and loss, forecast vs. budget by team and weekly cash flow by team and insights to improve performance
• Review and analyze monthly financial results and provide recommendations
• Identify, develop and execute financial analysis of business initiatives, product launches and/or new service offerings
• Develop and maintain monthly operating budget and annual company operating budget
• Manage financial planning and analysis department to maximize shareholder value. Supervise creation of reports, software implementation and tools for budgeting and forecasting

• Review and ensure application of appropriate internal controls, compliance and financial procedures
• Ensure timeliness and accuracy of financial and management reporting data for key stakeholders, and company’s board of directors
• Oversee the preparation and communication of weekly, monthly and annual financial statements
• Oversee the preparation and timely filing of all local, state and federal tax returns
• Ensure GAAP and DCAA, FAR and CAS compliance regarding all financial functions as appropriate
• Manage and review the month-end close process, constantly reviewing procedures while eliminating inefficiencies
• Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation
• Serve as a key point of contact for external auditors as well as manage preparation of all external audits

• Manage cash flow planning process and ensure funds availability
• Oversee cash, investments and asset management area
• Help secure financing to maximize performance
• Explore new investment opportunities and provide recommendations on potential returns and risks
• Maintain outstanding banking relationships and strategic alliances with vendors & business partners
• Develop and utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets
• Engage executive staff and board of directors to develop plans, projections and budgets
• Represent company to banks, financial partners, institutions, investors, public auditors and officials
• Remain current on audit best practices, state, federal and local laws regarding company operations
• Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
• Supervise Accounts Receivable management and provide guidance for transactional processes
• Ensure that company assets are protected and controlled

• Manage all supply chain and procurement in the company as well as expenses related to supplies and vendors
• Manages all risk and compliance of the company notifying CEO and Board Members of anything anticipated that could put the company at risk legally, financially or compliance related
• Streamline the reporting processes in finance and with government agencies always aiming for a culture of high performance and continuous improvement
• Implement best practices in IT, Accounting, Operations, Contracts and Accounting and Finance departments
• Works with HR and IT to coordinate office space, furniture, and equipment for
  temporary and new staff.
• Oversees all aspects of facility maintenance and repair including vendor selection and approval
• Acts as Safety Officer ensuring the organization is trained and compliant with
  applicable federal, state and local regulations.
• Oversees timely, accurate, and compliant payrolls for various company audits including 401k and Workers Comp

Requirements:

• Minimum of 10 years of progressive accounting experience and/or 2-4 years as a Head of Finance or CFO
• Strongly prefer experienced in a government contracting company with knowledge in FAR, CAS, DoD and DCAA compliance
• Strong knowledge in accounting, financial planning, Human Resources and Safety compliance laws
• Knowledge of FARS, GASB, DCMA and DCAA nice to haves
• Proven track history successfully presenting to a Board of Directors and being actively involved in strategic growth planning
• CPA and CMA, a plus
• Bachelor’s degree in accounting/finance, Masters in relevant field, MBA preferred

Compensation And Benefits:

Systems Technology Inc. offers all employees competitive pay along with a benefits package encompassing the following and more:

• Medical benefits (HMO – 100% company paid for Employees & Dependents)
• Dental and vision plans
• Employee Stock Ownership Plan (ESOP)
• 401(k) Safe Harbor Retirement Plan and company defined contribution.
• Flexible spending Accounts (FSA), Dependent Care, and Employee Assistance Program (EAP)
• Life & Long-Term Disability Insurance
• Fitness Program Reimbursement and Technology Stipends
• Tuition Assistance Programs
• Year-round company sponsored events.
• Employee rewards and recognition

Please note that this job description is intended to provide a general overview of the position and does not include an exhaustive list of responsibilities and qualifications.

At Systems Technology Inc. (STI) we aim to attract, retain, and motivate talent that possesses the skills and leadership necessary to grow our business. For this position we are targeting a base pay of $200k+. Our compensation packages will also include a performance bonus, ESOP (Employee owned company) and 401k contribution. Actual compensation offered will be determined by factors such as job-related knowledge, skills, and experience.

STI is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.