What are the responsibilities and job description for the Finance Manager position at Innovative Reasoning?
Provide oversight of financial operations within the company, including financial audits and reporting, managing accounts receivable and payable, 401K monitoring, reviewing contracts and funding, and providing detailed project cost reporting and management, located at Orlando, FL.
Responsibilities/Duties:
- Accounts Receivable and Accounts Payable Management:
- Manage the accounts receivable process, ensuring timely invoicing and collection of payments.
- Oversee the accounts payable process, ensuring timely payment to vendors and contractors.
- Reconcile accounts and ensure accuracy of financial records for both receivables and payables.
- Work closely with the operations and procurement teams to resolve payment discrepancies and improve cash flow.
- Project Cost Reporting and Management:
- Develop and maintain cost reporting systems for active projects.
- Monitor project budgets and financial performance, ensuring adherence to financial goals.
- Prepare and present cost reports to project managers and senior leadership, providing insights into project profitability and cost-saving opportunities.
- Track project timelines, resources, and costs to ensure financial and operational efficiency.
- Financial Audits and Reporting:
- Lead internal and external financial audits, ensuring compliance with relevant regulations and standards.
- Prepare and review monthly, quarterly, and annual financial reports.
- Analyze financial data to identify trends, variances, and opportunities for optimization.
- Provide actionable financial insights and recommendations to senior management.
- Review of Contracts and Funding:
- Review contracts, funding agreements, and financial terms to ensure accuracy and compliance.
- Provide financial input into contract negotiations and funding strategies.
- Assess financial risks and ensure that the company’s financial interests are protected in all agreements
- 401K Monitoring:
- Oversee and monitor the company’s 401K plan to ensure compliance with regulations.
- Review employee contributions and manage records to ensure accurate reporting.
- Work with third-party administrators and plan trustees to manage the 401K program effectively.
Supplemental Duties:
- Collaborate with all departments to address financial matters.
- Perform checks and balances as part of the payroll approval process.
Supervisory Responsibilities:
- None
Education:
REQUIRED
- Bachelor of Science (BS) in Business, Finance, or Accounting.
PREFERRED
- MBA or Master’s degree or certifications such as CPA, CFA, or CMA preferred
Skills/Qualifications and Certifications:
- Proficiency in financial software, ERP systems, and Microsoft Excel.
- Excellent attention to detail and the ability to analyze large amounts of financial data.
- Strong communication and interpersonal skills, with the ability to collaborate across departments and present financial data effectively to stakeholders.
- Strong problem-solving abilities and a proactive mindset.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
Experience:
- Proven experience (3 years) in a finance role, particularly in financial reporting, accounts receivable/payable management, audit, and project cost management.
- Experience with contractor specific accounting systems is preferred. Strong knowledge of financial principles, auditing practices, and project management.
- Familiarity with the government contracting industry and DCAA regulations.
- Familiarity with 401K regulations and oversight.
Location: The primary workplace will be 12424 Research Parkway, Suite 155, Orlando, FL 32826.
Work Environment:
- On-site Office Environment, amongst mixed military/civilian/contractor personnel.
- Employees will be exposed to a wide variety of people with differing functions, personalities, and abilities.
Physical Demands:
- Work is generally sedentary; there could be a requirement to assist in moving and repositioning computer systems, servers, and other office equipment weighing no more than 50 pounds per person (e.g., two-man lift 100 lbs.).
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work Schedule: Full Time/40 hours per week. Mon-Fri/8 hours a day. Normal working hours are 8:00 AM – 5:00 PM (0800 – 1700).
License and Other Requirements:
- Hold a valid US Driver’s License, with ability to operate private, and commercial owned motor vehicles (Rental), as required for commuting and travel.
- Must be able to pass a background check.
Salary and Benefits: As stated during the interview/hiring process.
Security Clearance: Must be eligible for a U.S. Secret level security clearance.
Travel: Travel is not required.