Chief Financial Officer (CFO)

The Qed Group - Arlington, VA

Full-time - Senior

Arlington, VA

About the position

The Director of Finance at Q2 Impact is responsible for overseeing the financial management and operations of the organization, ensuring compliance with government regulations and Generally Accepted Accounting Principles (GAAP). This role is crucial for meeting the company's financial goals and maintaining adherence to US Government regulations. The Director will lead the finance team, manage budgets, prepare financial forecasts, and ensure accurate financial reporting while fostering a collaborative work environment.

Responsibilities

• Manage and mentor the finance team, providing guidance and support to ensure high performance and professional development.
• Foster a collaborative and inclusive work environment, promoting teamwork and effective communication.
• Develop and oversee the corporate/project budgets, ensuring alignment with project goals and USG regulations.
• Prepare and monitor financial forecasts, ensuring that financial resources are utilized efficiently and effectively.
• Provide strategic financial input to project planning and decision-making processes.
• Maintain cash control and ensure that sufficient funds are available to meet ongoing operational requirements and provide cash flow forecasting, prepares bank BBC reports.
• Prepare indirect cost submission reports and responsible for indirect pool, service center, analysis and maintenance.
• Oversee and direct all operations of the Finance and Accounting team, including accounts receivable, accounts payable, payroll, project accounting, cash management, general ledger, and financial statements; manage relationship with financial institutions.
• Ensure accurate and timely preparation of financial statements and reports in accordance with management requirements and internal policies.
• Manage the financial reporting process, including the preparation of monthly, quarterly, and annual financial reports.
• Ensure adherence to USG financial management policies and procedures, as well as other applicable regulations and standards.
• Implement and maintain internal controls to safeguard assets and ensure financial integrity.
• Identify financial risks and develop mitigation strategies to address potential issues.
• Coordinate with external auditors for annual or interim audits and ensure compliance with audit recommendations.
• Oversee the implementation and maintenance of financial systems Deltek Cost Point and processes to ensure accurate financial management and reporting.
• Develop and update financial policies and procedures to enhance operational efficiency and compliance.
• Provide training and support to project staff on financial procedures and best practices.
• Liaise with USAID and other donors on financial matters, including monthly invoicing, reporting requirements and financial performance.
• Collaborate with project team members and other stakeholders to ensure financial resources are allocated appropriately and project objectives are met.
• Ensure QED Waterfall (Current active project projections and future pipelines) are updated to reflect company financial viability in near future.
• Perform any other accounting and financial duties as assigned.
• Oversee donor audits (financial and compliance) as required and appropriate; responsible for interfacing with the auditors and provide relevant information and explanations.
• Continually develop, manage and promote the compliance programs.
• Along with Cost and Pricing, review complex cost proposals to ensure that the bid is compliant with the solicitation and Company policies.
• Implement culture of compliance and due diligence to ensure cost/pricing reasonableness and compliance with applicable USG and/or client regulations.
• Participate in contract start-up, implementation, and close-out procedure ensuring compliance with terms and conditions of the contractual agreement and client/corporate policies and procedures.
• Coordinate any risk management needs with QED Management as needed.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field; a master's degree or professional certification (e.g., CPA, CMA, or CA) is preferred.
• At least 7-10 years of progressive professional experience.
• Expertise and hands-on knowledge of Deltek Costpoint implementation & Training.
• Experience and knowledge of US Government Contracts, DOS, DOD, USAID financial regulations, policies, and procedures; familiarity with other donor financial regulations is a plus.
• Strong analytical and problem-solving skills, with the ability to manage complex financial data and provide strategic insights.
• Excellent organizational and multitasking abilities.
• Able to communicate complex financial data in simple terms when required.
• Proficiency in financial software and systems (e.g., Deltek Cost Point, QuickBooks ERP systems), and advanced knowledge of MS Office applications (Excel, Word, PowerPoint, etc.).
• Proven ability to build and maintain collaborative relationships with development partners, sub implementing partners, multiple host-country counterparts, and colleagues.
• Professional integrity and discretion in the handling of confidential information and data.

Benefits

• Competitive salary and benefits package, including health, dental, and vision insurance, and paid time off.
• A dynamic group of professionals with diverse backgrounds and expertise, committed to delivering high-quality results and making a meaningful impact in communities around the world.
• An opportunity to lead and shape a growing firm that has a solid reputation in the industry and is poised for further expansion.
• A chance to work across development, diplomacy, and defense sectors, with a broad portfolio of projects and clients.
• A supportive and inclusive culture that values innovation, excellence, and collaboration.