What are the responsibilities and job description for the Chief Financial Officer position at Precise Software Solutions?
Job Description - Chief Financial Officer
The Chief Financial Officer (CFO) is a pivotal member of Precise Software Solutions' Leadership Team, responsible for overseeing all financial aspects of the company, including budgeting, strategic financial planning, cash flow management, contracts, project financial tracking and profitability analysis, risk assessment, compliance with government regulations, and reporting. This role requires blending expertise in aligning financial strategy to corporate and business unit goals while navigating the complexities of government contracting requirements and scaling internal processes for growth. Reporting to the Chief Executive Officer, the CFO collaborates with Corporate leaders, Strategy and Growth leaders, Business Unit leaders, and organizational teams to optimize the financial health of the company.
Core Responsibilities
Strategic Leadership and Oversight:
- Advance corporate capabilities in strategic financial planning, tax, budgeting, risk assessment, and reporting to align with company goals and industry best practices.
- Partner with leaders across BU's and teams to deeply understand their operational needs, challenges, and growth objectives, translating these insights into comprehensive financial strategies and solutions.
- Develop innovative tools and systems to provide critical financial and operational information to the executive team in support of short and long-term financial plans.
- Identify potential growth opportunities and evaluate investment strategies.
- Effectively lead, develop, and coach the Finance and Accounting, Contracts, and Pricing teams.
- Promote Precise's Core Values and a culture of measurable high performance and continuous improvement across the organization.
Financial Planning and Analysis (FP&A):
- Partner with the Director of Finance and Accounting to oversee the accounting, tax, and finance reporting functions for the company including cash management, accounts receivable, payroll, tax, and accounts payable processes.
- Perform on-going financial analysis to support the formulation of financial strategy, tax strategy, and risk management strategy for the company.
- Oversee the preparation of monthly, quarterly, and annual schedules and budgets that support the company's operations, financial planning, and strategic objectives.
- Provide detailed financial forecasting and ad-hoc analysis reporting for project managers and leadership to review financial performance.
- Develop financial performance metrics to identify areas for improvement and cost optimization.
Strategic Program/Project Support:
- Understand and contribute value to the unique cross-sections between government contracting and financial management, including pricing strategies, proposal development, and cost-reimbursement contracts.
- Analyze government RFPs and identify potential business opportunities and risks.
- Collaborate with business development and project teams to ensure accurate pricing and financial feasibility of government bids.
- Monitor contract profitability and identify potential risks associated with government contracts.
Compliance and Audit Management:
- Develop and implement enhanced financial systems, tools, processes, and internal controls to ensure compliance with all government regulations related to financial reporting, including FAR and DFARS.
- Develop and manage internal controls and audit processes to mitigate financial risks.
- Coordinate with external auditors to facilitate smooth audit procedures.
Cash Flow Management:
- Monitor and manage working capital to optimize cash flow.
- Forecast future cash needs and identify potential funding gaps.
- Implement strategies to improve accounts receivable collection and manage accounts payable.
Required Skills & Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- 12 years of experience working in the private sector, government, or both, with deep familiarity with government contracting processes, compliance requirements, and expertise in primary contract types (FFP, T&M, Cost Plus).
- Deep knowledge of Federal procurement practices and business development life cycle.
- Strong financial acumen and experience in strategic financial management.
- Exceptional analytical and financial modeling skills.
- Experience leading finance and administrative functions in a rapidly growing organization or start-up environment.
- Excellent leadership and team management skills, with the ability to motivate and develop high-performing teams.
- Strategic thinking and problem-solving skills, with the ability to navigate complex organizational challenges.
- Strong communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization.
- Experience working with Deltek Costpoint or other government contracting, accounting and invoicing systems
Desired Skills & Qualifications:
- Advanced degree in Accounting, Finance, or a related field
- Certified Public Accountant (CPA) license in good standing
- Experience in mergers and acquisitions.
Join Precise Software Solutions to lead groundbreaking innovations that make a meaningful impact in Federal Health and IT modernization.
ABOUT US
Precise Software Solutions, Inc., an SBA 8(a) program participant, is an innovative small business with a proven record of success delivering high quality strategic consulting, system modernization and integration, digital transformation, infrastructure and cloud implementation, and data management and analytics services and solutions to government organizations. A CMMI Level 3 company, Precise serves as a trusted advisor to senior technology executives and helps government agencies enhance and expand their information technology capabilities. Precise helps their customers capitalize on the efficiencies offered by technological advancements and ensures the integrity of their IT systems and programs so they can perform their public mission more effectively. The company is committed to enhancing our reach and positioning for the future through a focused, multi-year investment in growth and the expansion of our customer base, revenue, and profitability targets.
BENEFITS AND PERKS:
- Comprehensive Health Benefits (Medical, Dental and Vision) include a High Deductible Health plan option where the company pays 100% of the deductible for your family.
- Flexible Spending Accounts (FSA) & Health Savings Account (HSA)
- Retirement Plan with 4% match and discretionary match at year end
- Paid Time Off (PTO): 20 days of PTO accrued per year; 7 holidays 3 Floating holidays; 2 Innovation days (paid training days)
- Short Term and Long-Term Disability
- Paid Parental Leave
- Paid Jury Duty leave
- Life and AD&D Insurance
- Critical Illness Insurance
- Training and Development
- Wellness Incentives & Discount programs
- Employee Referral Program
- Annual Charity Donation Match
- Awards and Recognition
Precise is an equal opportunity employer. The company shall not discriminate against any employee or applicant because of race, color, religion, creed, sex, sexual orientation, gender or gender identity (except where gender is a bona fide occupational qualification), national origin, age, disability, military/veteran status, marital status, genetic information or any other factor protected by law. We are committed to equal employment opportunity in all decisions related to employment, promotion, wages, benefits and all other privileges, terms and conditions of employment. The company is dedicated to seeking all qualified applicants.
