Director of Finance

3 weeks ago


Chicago, United States Grnalbuquerque Full time

Required Experience: 10+ years of progressive experience in federal government accounting Extensive knowledge of Cost Accounting Standards and the FAS

Required Education: Bachelor’s degree in business, finance, accounting or related field

Job Description

The Director of Finance will be a strategic leader who will direct the financial and accounting activities for a research and development organization focused on biomedical science. The prestigious not-for-profit institute provides drug development and safety assessment services to pharmaceutical, biotechnology, and chemical companies worldwide, as well as, to the National Institutes of Health and other branches of the United States Government. Responsibilities: • Oversee the finance and accounting teams to ensure all transactions are completed in compliance with both GAAP standards and applicable government standards. • Development and implementation of short- and long-term financial growth plans. • Lead the preparation of the yearly Incurred Cost Proposal to the government ensuring compliance with applicable FAR standards. • Negotiate both settlement of prior year indirect rates and forward pricing indirect rates with the government on a yearly basis. • Oversight of full cycle procure-to-pay to ensure that both direct and indirect costs are collected accurately and that all expenses are allowable and allocable, or that any unallowable costs are appropriately treated. • Develop and update capital spending plans to facilitate modernization and expansion of research facilities. • Lead the annual budgeting process for both revenues and operating expenses. • Lead the monthly close process and ensure both management reporting and board reporting is completed on schedule. • Partner with scientific management to ensure that programs are completed on schedule and within budget. • Familiarity with managing both flexibly priced government contracts, such as CPFF, T&M, & CPAF, and firm fixed price projects. • Responsibilities also include mentoring, developing, and motivating financial operations staff to ensure effective provision of programmatic support.

Knowledge & Skills

• Bachelor’s degree in business, finance, accounting or related field; professional certification and/or MBA strongly preferred. • 10+ years of progressive experience in federal government accounting and contracts management. • Extensive knowledge of Cost Accounting Standards (CAS) and the Federal Acquisition Regulations (FAR) is essential. • Excellent communication skills and effective interpersonal skills are critical. • A security clearance may be required after employment. • As federal contractors, they require all staff to be fully vaccinated against COVID-19, with only limited exceptions.

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