Chief Financial Officer

Chief Financial Officer

Location: Beltsville, MD Type: Full Time Min. Experience: Executive Level: Salary Range : $180,000-$220,000 USD per year

Advanced Technology and Research Corporation (ATR) is a well-established, rapidly growing engineering and manufacturing firm headquartered in a Maryland suburb of Washington DC. ATR produces automation systems for the logistics industry, including the US Postal Service, and provides technical services, R&D and hardware systems to the US military. About 175 employees currently, many in mechanical engineering disciplines, are organized into three operating groups. 

This is a new position, as CFO duties are currently performed by the CEO. Position will report to CEO and COO.

Salary for the position is competitive according to qualifications. ATR offers an attractive comprehensive benefits package, including Medical/Dental insurances, free basic life/ADD, and long-term and short-term disability insurances, 401(k) plan, educational assistance program, and paid time off. 

All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, disability or veteran status.

PRINCIPAL DUTIES & RESPONSIBILITIES:

• Provide direction, oversight and support to the controllership function and other operational finance and accounting staff. Perform analysis and final QC on financial reporting to other executive management, shareholders, governmental regulators such as DCAA, and tax authorities. Final word on expense classifications, revenue recognition, and other financial reporting policies

• Perform financial budgeting, modeling, forecasting and tracking of revenues, expenses and cash flow for internal and external use

• Provide strong support to Contracts staff for financial aspects of bids & proposals, contract operational reporting, and contract T&Cs

• Play an active role in financial and strategic aspects of major B&P initiatives in all operating groups Work closely with operating management on pricing and margin strategies

• Perform deep-dive analysis of any and all company issues having significant financial implications

• Responsible for overall decision-making regarding capital investments, leases, business insurance and major employee benefits (401K, healthcare insurance, leave, etc.)

• Set guidelines each year for overall staff pay, bonus and benefits adjustments

• Manage, with Controller, external relationships with banks, audit and tax service providers

• Assure coordination with Contracts, IT and other Corporate team functions

• Ensure company-wide financial control and risk management

EDUCATION & EXPERIENCE :

• Minimum 15 years in broad-scope, multi-function, financial roles with non-government employers

• Minimum Bachelors degree with financial content. Advanced degree in Business or Finance is desirable. CPA is very helpful, but not required. Audit firm experience helpful, but not required

• Candidate must be a US citizen. No exceptions. Must pass a pre-employment background check. A DCSA-issued security clearance, or the ability to obtain one, is desirable but not essential

• Track record of success in dynamic small business environments. Candidates with large-firm-only experience are at a disadvantage

• Prior experience in an engineering-heavy environment is a plus. Ability to understand technical work cycles and terminology is necessary

• Demonstrable in-depth experience with Federal contract accounting, specifically for military cost-plus contracts, is required. Experience interacting with DCAA and DCMA is also important

• Work experience in a commercial manufacturing environment is highly desirable

• Demonstrable experience working in a full-featured ERP system. Experience with Deltek Costpoint is a distinct plus

• Experience operating in a leveraged, financial-owner environment is a plus

SKILLS:

• Ability to function flexibly in a small business environment. Work collaboratively with operating management on pricing and financial risk decisions for commercial and government bids. No silos! Ability to move quickly between the different business environments of the company’s three operating groups

• Sound business judgment to add value and manage financial risks in all business undertaken

• Positive, growth-oriented orientation, rather than a highly conservative, risk-averse attitude

• Have, or quickly develop, mastery of complex manufacturing accounting, incl. Inventory, MRP, full-absorption costing, revenue recognition, etc.

• Able to understand and make astute financial decisions regarding highly structured military contracts. Demonstrate strong knowledge of FAR, DFARS rules, and other Federal financial compliance regulations

• Solid understanding of corporate taxation at State as well as Federal level, and of sales and use taxation

• Quickly develop a thorough understanding of all current financial procedures and processes, and lead continuous improvement efforts

• Familiarity with new AI-enhanced financial reporting and planning tools is a distinct plus

• Strong written, as well as verbal and presentation, communication skills

Qualified Candidates should send their resume to View email address on click.appcast.io

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