Vice President of Finance
Kratos Defense
Kratos Turbine Technologies (KTT), a dynamic and rapidly expanding division within Kratos, is seeking an experienced Vice President of Finance to join our leadership team. This role may be based on site in Jupiter, Florida or Tulsa, Oklahoma area, with remote work also considered for the right candidate.
As a key component of Kratos' mission to deliver cutting edge engineering and defense technology solutions, KTT drives growth across some of the company's most innovative and high potential business units. Our portfolio includes established organizations such as Consolidated Turbine Specialists and Florida Turbine Technologies, as well as emerging ventures like Bladeworks, an engine manufacturing startup based in Oklahoma City. With operations spanning both U.S. and international locations, KTT provides the opportunity to contribute to meaningful, next generation programs that shape the future of the industry.
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technologies, platforms, and systems for U.S. National Security customers, global allies, and commercial partners. At Kratos, we foster an entrepreneurial spirit grounded in discipline and accountability. We take pride in supporting our customers, employees, and families, and in delivering innovative solutions that make a measurable impact. Our culture emphasizes integrity, collaboration, and ownership-always striving to do the right thing.
Kratos offers a comprehensive benefits package, including medical, dental, vision, life insurance, short and long term disability coverage, a 401(k) savings plan, Employee Stock Purchase Plan (ESPP), paid time off, paid holidays, tuition reimbursement, and more.
GENERAL JOB SUMMARY:
The Vice President of Finance serves as the Business Unit's senior financial executive and strategic business partner to the Divisional President and executive leadership team. The VP of Finance is responsible for developing and executing the company's financial strategy while ensuring fiscal integrity, operational efficiency, regulatory compliance, and long-term profitability. This executive oversees all aspects of financial management, including accounting, financial planning and analysis (FP&A), budgeting, forecasting, financial reporting, internal controls, and financial risk management.
The SVP provides strategic financial leadership that supports organizational growth, mergers and acquisitions, government contracting requirements, and shareholder value.
ESSENTIAL JOB FUNCTIONS:
Strategic Leadership
Develop and execute the organization's financial strategy in support of divisional objectives.
Serve as a trusted advisor to the Division President and executive leadership team.
Provide financial analysis to support strategic initiatives, capital investments, acquisitions, and business development efforts.
Lead long-range financial planning and enterprise-wide budgeting processes.
Evaluate business opportunities, investments, and strategic partnerships.
Financial Management
Serve as the division's technical expert in all accounting, finance, revenue recognition, billing, and financial reporting functions.
Ensure timely coordination with corporate treasury, tax and payroll to address any open transactions/events that impact the division's business or employees.
Ensure timely and accurate reviews of monthly, quarterly, and annual financial statements.
Oversee preparation and monitor performance of annual operating and capital budgets.
Monitor cash flow, liquidity, working capital, and capital allocation.
Develop financial models to support operational and strategic decision-making.
Financial Planning & Analysis
Lead forecasting, budgeting, and financial performance reporting.
Analyze key financial metrics and operational performance indicators.
Identify opportunities to improve profitability, efficiency, and cost control.
Present financial results and recommendations to executive leadership during operations calls and other executive level meetings.
Compliance & Risk Management
Ensure compliance with applicable federal and state regulations, and corporate policies.
Maintain strong internal controls and financial governance.
Support external audits for the division by ensuring all requests are properly submitted in a timely manner.
Ensure compliance with tax laws, government regulations, and reporting requirements.
Identify and mitigate financial and operational risks.
Ensure division employees record their hours worked accurately and sign their timecards and/or approving timesheets based on the Times charging policy.
Government Contracting
Ensure compliance with Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), Defense Contract Audit Agency (DCAA) requirements, and Defense Contract Management Agency (DCMA) expectations.
Oversee indirect rate development and pricing strategies, including periodic review of actual rates as compared to target or provisional rate structures.
Support pricing of proposals and contract negotiations.
Ensure compliance with government cost accounting requirements.
Leadership
Lead, mentor, and develop finance and accounting leadership.
Foster a culture of accountability, collaboration, innovation, and continuous improvement.
Build organizational capabilities to support company growth.
Partner closely with Human Resources, Operations, Contracts, Information
Technology, and Business Development.
Operational Excellence
Drive process improvements and automation initiatives.
Evaluate and implement financial technologies and reporting tools.
Improve reporting accuracy, efficiency, and scalability.
Support mergers, acquisitions, integrations, and divestitures, including performing due diligence to support potential acquisitions.
Other job duties as assigned.
SUPERVISORY RESPONSIBILITY:
Directly or indirectly oversees functions including:
o Controller
o Pricing Manager
o Financial Analysts
o Accounting Staff
o Key Performance Indicators (KPIs)
o Budget performance
o EBITDA and operating margin
o Cash flow and liquidity
o Forecast accuracy
o Financial close cycle
o Audit results
o Compliance metrics
o Working capital improvement
o Financial reporting accuracy
o Employee engagement and retention within the Finance organization
Required Experience:
KNOWLEDGE, SKILLS & ABILITIES:
Executive-level strategic thinking and business acumen.
Strong financial modeling and analytical skills.
Exceptional leadership and organizational development capabilities.
Excellent communication and presentation skills.
Ability to influence executive leadership and cross-functional teams.
Strong negotiation and decision-making skills.
Demonstrated integrity and sound ethical judgment.
Ability to manage multiple priorities in a fast-paced environment.
Possess the knowledge, skills, and abilities to perform the assigned duties, including computer skills.
Maintain sensitive and confidential information as required by company and government requirements.
Communicate and interact effectively with peers, supervisors, and public, including maintaining respect for others, and following company policies.
Have a willingness and ability to learn and utilize company technology for company required purposes, including, for example training, reviewing, and signing policies and procedures, benefits enrollment, and changes, and more.
Ability to read, understand, and follow instructions.
Ability to work in a fast paced environment.
Ability to maintain knowledge, skills, and abilities as it pertains to your job.
EDUCATION AND EXPERIENCE:
Bachelor's degree in Accounting, Finance, Business Administration, or related field.
Minimum 15 years of progressively responsible financial leadership experience.
Minimum 10 years managing senior finance and accounting professionals.
Demonstrated executive leadership experience in a complex organization.
Strong knowledge of financial reporting, budgeting, forecasting, and internal controls.
Experience presenting financial information to executive leadership.
Extensive knowledge of:
FAR
CAS
DCAA
DCMA
GAAP
SOX
Experience supporting mergers and acquisitions.
ERP implementation or optimization experience/Deltek Costpoint.
Preferred Qualifications
Experience within the aerospace, defense, government contracting, manufacturing, or technology industries.
WORK ENVIRONMENT/PHYSICAL REQUIREMENTS:
Office environment
Ability to stand and sit for long periods of time
Ability to perform repetitive motion (keyboarding, 10-key, phones)
Ability to lift up to 10 pounds
TRAVEL REQUIREMENTS: Monthly travel (35-50%) to company/division locations, customer sites, and executive meetings.
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