What are the responsibilities and job description for the Financial Operations Director position at MTech Aerospace?
Job Description
The role of the Financial Operations Director at MTech Aerospace is to oversee and optimize the financial operations of the company. This involves ensuring DCAA compliance, accurate financial reporting, and effective cost control in alignment with Department of Defense (DoD) contracting regulations.
- Provide oversight to the daily financial and accounting operations, including month-end and year-end processes, accounts payable/receivable, general ledger, payroll, capital and fixed asset reconciliations, cash forecasting, and revenue and expenditure variance analysis.
- Establish and enforce proper accounting methods, policies, and principles to ensure audit readiness for DCAA, DCMA, and other government entities.
Key Responsibilities:
- Manage DCAA-compliant accounting systems, ensuring adherence to FAR, DFARS, and CAS regulations.
- Lead Indirect Rate Management, including Overhead, G&A, and Cost Pool allocations, ensuring accuracy in ICE submissions.
- Prepare and review provisional billing rates.
- Develop and manage corporate budgets, forecasts, and financial models to support strategic decision-making.
