Deputy chief financial officer
Torch Technologies
Thank you for your interest in employment with Torch Technologies. We are a 100% employee-owned, Certified Great Place To Work and named Best Places to Work in Huntsville/Madison County, headquartered in Huntsville, AL with over 1200 employee-owners. Our team provides superior research, development, and engineering services to the Federal Government and Department of Defense. As one of the nation’s top 100 defense companies, the services we provide directly support the men and women who serve our country. Our corporate mission sums up the pride our employee-owners take in the work we do: “Lighting the Pathway of Freedom”. And, as a Certified Evergreen ESOP, we have made the commitment to grow and sustain our company for the next 100 years! Come grow with us! Torch Technologies is seeking a Deputy Chief Financial Officer who will provide Leadership for financial and fiscal management aspects of Torch operations. Provide leadership and coordination in the pricing, business planning, accounting and budgeting efforts of the company. As a Deputy CFO your duties will include the following, but are not limited to:- Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include budgeting, project planning, tax planning, pricing and conservation of assets
- Ensure compliance with local, state, and federal budgetary reporting requirements
- Oversee the processing of revenue, expenditure, and internal control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry
- Coordinate the preparation of financial statements, financial reports, special analyses, and information reports, to include bank covenant reporting and all external financial reporting
- Direct financial management of all government contract types (CPFF, FFP, LOE, T&M and mixed contract types) in a prime contracting environment
- Oversee the Holding company environment with the management of multiple entities and a diverse portfolio of industries and ability to complete financial consolidations of legal entities required
- Lead Mergers and Acquisitions (due diligence, financial integration and departmental integration plans and execution)
- Partner with Board of Directors with the development of financial briefs
- Develop and implement finance, accounting and billing procedures
- Maintain appropriate internal control safeguards
- Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations
- Ensure records systems are maintained in accordance with generally accepted accounting standards
- Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems
- Analyze cash flow, cost controls, and expenses to guide business leaders
- Analyze financial statements to pinpoint potential weak areas
- Establish and implement short- and long-range departmental goals, objectives, and operating procedures
- Serve on planning committees
- Recruit, train, supervise, and evaluate department staff
- Manage the relationship with banking, insurance, and other financial service providers
- Oversee and manage Employee Stock Ownership Plans
- U.S. Citizenship
- Bachelor’s degree or higher in Accounting is required, CPA is preferred
- Ideal candidate will have at least 15 years of progressive experience in a government contractor environment; extensive experience is required.
- Ability to obtain and maintain a DoD Clearance.
- Candidate must be honest, trustworthy, level-headed, demonstrate great interpersonal communication skills and have a cooperative, collaborative management style.
- The ideal candidate will be knowledgeable about general ledger, timekeeping, payroll, invoicing, A/P, A/R / treasury, cost reporting, pricing, indirect rates and pool management, bank relationships and banking facilities, insurance, retirement plan reporting, budgeting – financial and job cost, travel, account reconciliations, policies and procedure development, financial statement preparation, audit (DCAA and CPA), income tax package development, familiar with other taxes and licensing requirements, staff training and supervision.
- Full understanding of DCAA, GSA and customer interactions is required.
- Deltek (Costpoint) experience is required.
- Must have experience in strategic planning and execution, strong knowledge of contracting, negotiating, pricing, indirect rate and rate development, change management, finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
- Proven experience with financial data analysis and preparation of financial reports, statements, and projections.
- Work requires professional written and verbal communication and interpersonal skills.
- Experience working in a collaborative team environment of cross functional teams required.
- Ability to lead, mentor and train a professional team.
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