Director of Accounting & Financial Reporting

Job Description

Job Description

The Director of Finance & Accounting will report directly to the President of a small Federal Government IT Services and Logistics Contracting enterprise and will play an integral role in setting financial policy for the enterprise. The Director of Finance & Accounting will provide professional leadership in the areas of accounting, financial reporting, financial systems, procedures, contract policies, management, financial analysis, and budget management.

The Director of Finance & Accounting supervises all aspects of accounting reconciliation and reporting to ensure accurate reporting and compliance with GAAP, CAS, and DCAA requirements. The Director of Finance & Accounting in this position supervises all aspects or record keeping as required to ensure compliance with both corporate and outside Government Agency requirements. The Director of Finance & Accounting is also responsible for the oversight of A/P, Billing, G/L, cash management (revenue recognition), and maintenance of fiscal records, preparation of financial reports, and establishing/managing accounting policies and procedures to provide the necessary internal controls. The Director of Finance & Accounting prepares the monthly, quarterly, and year-end financial reports (Balance Sheet & Income Statement), analyzes accounts, and prepares year-end audit schedules. The Director of Finance & Accounting also reviews CPA prepared tax returns and interfaces with financial auditors. The Director of Finance & Accounting will provide budget/P&L reports, rate structure budget/analysis and forecasting, DCAA interface, project profitability analyses, implementation of EVM, capital budgeting, and investment analysis. This and other duties related to financial compliance related to Government contracting will apply as directed by the CEO/President.

Problem Solving:

The Director of Finance & Accounting will need to have the ability to organize and convert mixed data into uniform data to allow for analysis and error detection. The Director of Finance & Accounting will evaluate logic of data that is reported and identify reporting errors and initiate proper corrective action.

The overall day-to-day management of the finance and accounting department including the direct supervision of our full-time and part-time accounting staff. Develop sound financial management operations including general accounting, financial statements, budgeting, forecasting, and financial planning.

· Ensure the integrity of financial information and protect monetary resources through a comprehensive system of internal accounting controls and documented, policies, processes and procedures.

· Supervise auditors, accountants, and other consultants working on finance related functions.

· Supervise and review the payroll process

· Provide direction, leadership, and assume responsibility of payroll operations, accounts payable, general ledger, journal entries, revenue receipt, expenditures, and purchase orders.

· Prepare monthly financial and budget reports for presentation to the President, CEO and Executive Board.

· Oversee implementation of government contracts and ensure compliance with agency performance, documentation, and cost accounting requirements.

· Assume final responsibility for finance and accounting operations, including the creation of the annual budget, periodic forecasts, and reports; grant project budgets; asset and inventory management; cash flow management to include on-time payment of all corporate financial obligations

· Supervise preparation of all monthly accounting and/or inventory reconciliations

· Review monthly journal entry data for accuracy and reasonableness

· Analyze company data to detect errors or missing information and initiates corrective actions as needed

· Coordinate all reporting activities as related

· Must have the ability to maintain confidentiality and reliability

· Must have good oral and written skills

· The ability to interface with all levels of management is required

· Prepare monthly financial statements

· Prepare monthly invoices and enter into accounting computer system

· Track payments and post to appropriate accounts

· Process payments through various financial institutions and systems

· Participation in bid cost projects and ability to create cost tables

· Process payables in the form of vendors and subcontractors and maintain expense tracking procedure and receivables tracking system

· Oversee the processing and review accuracy of time reports and employee payroll information

· Supervise and coordinate duties of Jr. level analysts

· Performs proposal pricing and understanding of Shipley’s Proposal Process

· Performs other related duties as required and assigned