The Chief Financial Officer (CFO) is responsible for the overall financial leadership, strategic planning, treasury management, forecasting, risk management, employee benefit administration, and retirement plan oversight of the organization. As a wholly owned subsidiary of a publicly traded company, this role carries specific obligations related to parent company reporting, regulatory compliance, and audit coordination. The CFO serves as a key member of the executive leadership team, providing financial guidance that supports sustainable growth, operational efficiency, regulatory compliance, and long-term organizational objectives.
KEY RESPONSIBILITIES:
Financial Leadership & Strategy
- Develop and execute the organization's financial strategy in alignment with corporate goals and parent company directives.
- Provide strategic financial analysis and recommendations to the CEO and executive leadership team.
- Lead annual budgeting, long-range planning, and financial performance management.
- Oversee financial reporting, accounting operations, internal controls, and compliance activities.
- Monitor key financial metrics and drive initiatives to improve profitability, cash flow, and operational performance.
- Oversee capital allocation decisions, including CapEx planning and prioritization.
Parent Company & Public Reporting Obligations
- Oversee the delivery of accurate, timely financial packages to the parent company in accordance with established reporting timelines and formats.
- Support parent company SOX 404 compliance, including documentation and testing of key controls at the subsidiary level.
- Oversee the preparation of public company disclosures as they relate to subsidiary operations.
- Participate in audit committee reporting and board-level financial presentations as required.
Government Contracting Finance & Compliance
- Maintain full compliance with Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and applicable Cost Accounting Standards (CAS).
- Oversee indirect rate structure design, management, and submission to DCAA
- Manage DCAA audit relationships and support audit activities
- Ensure compliance with Controlled Unclassified Information (CUI), CMMC, and applicable data residency requirements as they affect financial systems and processes.
- Oversee B&P (Bid and Proposal) and IR&D tracking and reporting
- Oversee the development of accurate, competitive, and FAR-compliant cost proposals, pricing models, and Basis of Estimate documentation for federal opportunities.
Treasury & Cash Management
- Manage all treasury functions, including cash flow forecasting, liquidity management, and banking relationships
- Optimize working capital and ensure adequate funding for operational and strategic needs
- Oversee cash management strategies and coordinate with the parent company on cash positioning and intercompany lending arrangements
Forecasting & Financial Planning
- Lead financial forecasting processes, including monthly, quarterly, and annual forecasts
- Develop financial models to support strategic initiatives and growth opportunities
- Analyze financial trends, risks, and opportunities to support executive decision-making
- Provide scenario planning and sensitivity analysis for business planning purposes
- Prepare and present board-level financial dashboards, operating reviews, and management reporting packages
Retirement Plan Administration (401(k)
- Serve as executive sponsor and fiduciary oversight leader for the company's 401(k) retirement plan
- Coordinate with third-party administrators, recordkeepers and investment advisors
- Ensure compliance with applicable retirement plan regulations, reporting requirements, and fiduciary responsibilities
- Oversee annual audits, nondiscrimination testing, participant communications, and plan governance activities
- Monitor plan performance and recommend enhancements to support employee retirement readiness
.Insurance & Risk Management
- Oversee the organization's insurance programs, including property, casualty, general liability, workers' compensation, directors and officers (D&O), and other applicable coverages
- Manage insurance renewals, broker relationships, claims processes, and risk mitigation strategies
- Evaluate organizational risks and develop policies to protect company assets and operations
- Ensure adequate coverage and cost-effective insurance solutions
Proposal and Contract Support
- Support the BD team in the preparation of proposal financial portion of the company offers
- Support the PM and the BD personnel in managing the financial execution of all contracts and contracts modifications
Employee Health & Benefits Administration
- Oversee the design, implementation, and administration of employee health and welfare benefit programs
- Manage relationships with benefit brokers, insurance carriers, and third-party administrators
- Evaluate benefit plan competitiveness, cost management strategies, and employee satisfaction
- Ensure compliance with applicable federal, state, and local regulations related to employee benefits
- Support annual open enrollment processes and benefit communication initiatives.
Compliance & Governance
- Ensure compliance with all applicable financial, tax, retirement plan, insurance, and employee benefits regulations
- Oversee regulatory reporting requirements
- Maintain effective internal controls and corporate governance practices
- Support Board and committee reporting as required
Team Leadership & Development
- Build, develop, and retain a high-performing finance and accounting organization capable of supporting business growth and increasing complexity
- Establish clear ownership, accountability, and a culture of continuous improvement across financial operations
- Mentor and develop direct reports
REPORTING:
- The selected CFO will report to the CEO
- This role will have direct reports
QUALIFICATIONS
- Bachelor's degree in Finance, Accounting, Business Administration, or related field required
- CPA, MBA or additional advanced credential required
- 10+ years of progressive financial leadership experience, including senior finance or CFO-level responsibilities
- Prior experience as CFO or senior finance leader within a subsidiary of a public company strongly preferred; familiarity with parent company reporting obligations, SOX compliance, and external audit coordination require
- Government contracting finance experience required, including working knowledge of FAR/DFARS, indirect rate structures, DCAA compliance, and Cost Accounting Standards (CAS)
- Demonstrated expertise in treasury management, financial forecasting, budgeting, and strategic planning
- Experience overseeing 401(k) retirement plans and employee benefit programs
- Strong knowledge of insurance programs, risk management, and regulatory compliance
- Experience managing banking, investment, broker, auditor, and third-party service provider relationships
- Strong executive presence with the ability to present effectively to boards and parent company leadership
