Chief Financial Officer - Reston, United States - The Ladders

Description

As the Leader in Recruiting Intelligence, The Edens Group, LLC has been retained to identify and recruit an engaging and dynamic, experienced Executive Leader to assume the role of Chief Financial Officer (CFO), reporting directly to the CEO. Our client has been in business for four years and is a customer-obsessed, non-traditional, small business with a purposeful focus on Distributed Data Systems, Platforms at Scale, and Complex Application Development. With headquarters in Northern VA, our 200 + FTE client boasts a range of healthy customers including innovative Federal and Public agencies leveraging design thinking, cutting-edge tech stacks, and cloud-native ecosystems. They build robust, disruptive, digital solutions that impact the lives of millions of Americans. Culturally, employees work as a hyper-collaborative team where each team member brings a unique perspective, adding value and input that did not previously exist. Their devotion to the practice of innovation and collaboration coupled with the celebration of cognitive and cultural diversity makes them a truly unique entity.

About This Role:

As an integral member of the Executive Leadership team at one of the fastest growing technology companies serving the Department of Defense and government at large, the Chief Financial Officer will be a key corporate leader who guides corporate strategy, partners with business leaders to plan, forecast and achieve optimal financial outcomes, drive corporate development, manage budget and investment decision, and execute M&A transactions. This seasoned strategist will have strong industry relationships and experience with high growth companies, while still maintaining strong profitability, effectively managing the business towards key KPIs and a thorough understanding of all phases of an M&A transaction and integration process. As a member of the executive team, the CFO will be comfortable in a leadership role that requires clear and effective communication skills and a command presence, with the ability to provide succinct and effective updates on key business decisions to the Chief Executive Officer and the Board of Directors. The CFO will have a day-to-day, ongoing impact on company operations, helping to analyze, strategize, and grow the business. In addition, the candidate will enforce work standards, assign schedules, supervise employee and contractor personnel and communicate policies, purposes, and financial goals of the organization to employees, partners and clients, while ensuring that the companys core mission of serving its customers and country comes first.

Position Description:

The CFO will assertively

lead all day-to-day financial & accounting operations, with functional responsibility for accounting, accounts payable and receivable, payroll, and provide support to external auditors on annual and quarterly financial statement reviews. Responsibilities also include production of recurring financial reports to support the broader executive team and board, proper maintenance of accounting records, accurate processing of financial transactions, administration of a comprehensive set of controls and annual budget process designed to support strategic decision making, actively monitor corporate investment spending & research and development for the high ROI, mitigate risk, ensure that reported results comply with generally accepted accounting principles (GAAP) and other regulatory agencies, adhere to contract management standards

Required Core Competencies and Experience:

Leads from a CFO seat or has significant, high-quality senior finance experience in comparable companies.

Successful track record working in high-growth, technology focused companies.

Experience at one or more companies backed by venture capital or private equity firms, with an understanding of best practices and processes surrounding institutional investors, ideally with quality growth-oriented sponsors investing with a similar growth stage thesis.

Strong understanding of best practices in private equity ecosystems, including ability to budget against investments, manage the company towards and articulate key components of an investment thesis, and support value creation initiatives (i.e., tuck-in or transformative M&A, growth investments, among others)

Demonstrated ability navigating a firms transition from small business or set-aside contracts to prime full and open work.

Experience accelerating top line revenue while also expanding gross margins and EBITDA.

Preferred experience with both service and product offerings, with an understanding of leveraging IP and proprietary technology across a customer base

Experience defining, reporting, and exceeding KPIs to Board, executive leadership team, and broader company, with the ability to both monitor quantitatively and craft a narrative behind the financials.

Strong preference, but not required, to have led at least one exit, ideally to a strategic acquirer.

Demonstrated ability and successful track record of identifying, leading and improving financial planning best practices.

High level of qualitative messaging in connection with financial reporting that communicates a point of view and cogent story of companys position.

Strong understanding of M&A process with ability to work in conjunction with and support sponsor workstreams on various components of an acquisition process.

Key Responsibilities:

Provide leadership to all accounting and finance areas of the organization.

Provide useful financial insights, analysis, and recommendations to assist management in formulating and executing business plans and achieving goals.

Provide financial analyses and models, as needed, for pricing decisions, contract negotiations and various investment decisions.

Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles, maintaining a strong system of record for all financial accounts and transactions.

Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.

Prepare and analyze accurate monthly financial and management reports, involving month-end closing procedures and reconciliations, including income statement, balance sheet, cash flow statement, budget and variance, and projections and forecast.

Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, inventory, payroll, among others.

Prepare and assist with the development of audit schedules for financial audits, as well as assist with various government reporting obligations.

Supervise one employee and assign tasks relevant to purchasing, accounts payable, accounts receivable, new-hire onboarding, benefits administration, and other functions as determined by management. Prepare a variety of ad hoc financial scenarios as requested.

Intangible Characteristics Required:

Leadership- Exhibits confidence in self and others. Inspires and motivates others to perform to the best of their ability. Effectively influences actions and opinions of others. Accepts feedback from others. Gives appropriate recognition to others. Seeks to effectively drive the decision-making process. Engaging, articulate, self-starter. Partnership mindset toward CEO and Board.

Communication Possesses the ability to convey information to others in a clear, decisive and understandable way. Responsible for communicating with employees, customers, investors, and other stakeholders.

Strategic thinking: Bring the ability to see the big picture and understand how your work fits into the companys goals and the long-term effects of your decisions and actions, particularly with respect to an investment thesis and working towards specific long-term commercial and financial targets.

Professionalism- Approaches others in a tactful manner. Reacts well under pressure. Treats other with respect and consideration regardless of their status or position. Accepts responsibility for their own actions and follows through on commitments.

Standards of Excellence- Outstanding consultative and operational abilities and excellent interpersonal and presentation skills with executive level customers and partners. Proactive, resourceful, and flexible in a fast-paced work environment, excellent work ethic including high results-orientation, attention to detail, strong customer focus and an exemplary level of professionalism. History of followership and making strong hiring choices.

Work Location:

Headquartered in Northern VA. As a member of the Executive team, this is NOT a remote position.

Preferred Experience / Education:

Bachelors Degree in Business Administration, Accounting, Finance, or related field, with ten + years of previous related financial management experience.

MBA or other advanced degree or certification preferred (e.g., CPA, CFA, etc.)

Extensive experience working with private equity firms within an operating business at the senior level within the finance function of the portfolio company

What the company will offer you:

Highly competitive salary in the 250K-300K plus an extremely healthy bonus, and additional executive perks

Fully covered healthcare, dental, and vision coverage, as well as a 401(k) retirement plan

Unlimited PTO + 11 paid holidays

Education & training benefits, referral bonuses

Annual budget for technology and related needs

Our client is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, or Vietnam era, or other eligible veteran status, or any other protected factor.