Chief Financial Officer Position

2 days ago

Rockville, United States Innovative Computer Solutions Group, Inc Full time

An organization is seeking a Chief Financial Officer.

95% Remote Support – They will consider candidates outside the Washington DC area.

POSITION SUMMARY AND PURPOSE

The recruiter’s client is recruiting for a senior leader who will serve as a Chief Financial Officer (CFO) to oversee the company’s financial management and operations. Our client has over 30 years of experience providing Management Consulting Services and Information Technology (IT) to the federal government worldwide.

Based in the Washington, DC Metro area, our client has delivered solutions by supporting agencies such as: US Agency for International Development, US Patent and Trademark Office, US Department of Justice, US Department of Agriculture and Department of Homeland Security, among others; and internationally to their missions in Africa, Asia, Europe and Eurasia, Latin America, the Caribbean, and the Middle East.

Our client is poised for significant growth and is in search of a CFO who will take on a leadership role in a growing organization that has a deep and rich history of successful delivery to the US government. As the CFO, you will play a pivotal role in steering the financial strategy and operations of our organization. The ideal CFO will be able to work at the strategic level as well as be hands-on and will be responsible for ensuring compliance with government regulations, including the Federal Acquisition Regulation (FAR) and Generally Accepted Accounting Principles (GAAP), while also driving financial performance and strategic growth of the company.

PRIMARY RESPONSIBILITIES
  1. Strategic Leadership
    • Lead and mentor the finance team, fostering a culture of high performance, accountability, and continuous professional development.
    • Collaborate closely with the senior/executive team to align financial strategy with the organization’s mission and objectives.
    • Oversee operations and delivery of the operations team including Finance, IT, Human Resources, Recruitment to ensure successful coordination and delivery.
    • Design and implement business strategies, plans, and processes to drive accountability across the organization.
  2. Financial Reporting, Management and Planning
    • Develop and provide financial reports that are actionable for the executive team and for the field teams.
    • Develop, implement, and oversee corporate and project budgets in alignment with strategic goals and regulatory requirements.
    • Prepare and monitor financial forecasts, ensuring optimal utilization of financial resources and alignment with project goals.
    • Provide strategic financial insights to support project planning and decision-making processes.
    • Oversee cash flow management and forecasting, ensuring sufficient liquidity for operational needs.
  3. Accounting and Reporting
    • Ensure timely and accurate preparation of financial statements and reports, adhering to internal policies and external regulations.
    • Manage the financial reporting process, including monthly, quarterly, and annual reporting.
  4. Accounting oversight and Financial Risk Management
    • Ensure compliance with USG financial management policies and applicable regulations, implementing robust internal controls to safeguard assets.
    • Identify and mitigate financial risks, developing strategies to address potential challenges.
    • Direct all Finance and Accounting operations, including accounts receivable, accounts payable, payroll, project accounting, and financial reporting.
    • Coordinate with external auditors for annual audits and ensure compliance with audit recommendations.
  5. Automation and use of Deltek Costpoint
    • Oversee the automation of our financial procedures in the field implementation and maintenance of financial systems, such as Deltek Cost Point, ensuring accuracy in financial management and reporting.
    • Develop and enhance financial policies and procedures to promote operational efficiency and compliance.
    • Provide training and support to project staff on financial best practices and procedures.
  6. Stakeholder Engagement
    • Liaise with USAID and other donors on financial matters, ensuring compliance with reporting requirements and addressing financial performance inquiries.
    • Collaborate with project teams and stakeholders to ensure effective allocation of financial resources and achievement of project objectives.
QUALIFICATIONS
  1. Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field and Master’s degree or professional certification (e.g., CPA, CMA) is strongly preferred.
  2. Experience: 15+ years of progressive financial management experience, with at least 10 years in a senior financial leadership role, preferably within the international development sector.
  3. Knowledge: In-depth knowledge of US Government Contracts, DOS, DOD, USAID financial regulations, and policies. Familiarity with other donor financial regulations is an advantage.
  4. Skills: Exceptional analytical and problem-solving abilities, with a strong aptitude for managing complex financial data and providing strategic insights. Excellent organizational and multitasking capabilities.
  5. Communication: Outstanding verbal and written communication skills, with the ability to engage effectively with stakeholders at all levels.
  6. Technology: Proficiency in financial software and systems (e.g., Deltek Cost Point, QuickBooks ERP), along with advanced knowledge of MS Office applications (Excel, Word, PowerPoint).
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