REI Systems - Sterling, VA

posted 2 months ago

Full-time - Executive
Sterling, VA
Professional, Scientific, and Technical Services

About the position

REI Systems is seeking a Chief Financial Officer (CFO) who will report directly to the CEO and be a key member of the company's top leadership team. The CFO will be responsible for driving all aspects of financial management for the company, ensuring its financial performance and success. This role is critical in steering the company towards profitable growth while aligning with REI's values and commitment to delivery excellence and customer satisfaction. The CFO will own the overall financial health of REI, focusing on both short and long-term revenue and cost structures, pricing strategies, margin management, and working capital management. The CFO will establish a data-driven financial management framework that will facilitate effective planning, projection, and management of financial and business plans and results. This includes the establishment of sound financial systems, processes, and controls that will enable the finance function and operations to run smoothly. The CFO will ensure timely billing and associated controls, manage the use and deployment of funds and cash, and ensure that there are no write-offs while maintaining timely settlement of external commitments. In addition, the CFO will manage relationships with banks and other financial institutions both in the US and internationally. Compliance with all external reporting obligations to customers, the IRS, and other supervising and tax/governance agencies is paramount. The CFO will also ensure the timely production of financial reports and statements, as well as their filing with tax and regulatory bodies. Establishing meaningful insights and analytics for management will be essential to allow proper business management at all levels, including corporate, business unit, customer, and contract vehicle levels. The CFO will also participate in or lead the analysis of external relationship or acquisition candidates and structure the deal framework. The role requires accountability for achieving financial targets across the enterprise through systemic planning and management of operating and financial performance. The CFO will enhance systems and processes to assure accuracy and timeliness of reporting and analytics, maintain financial and internal controls, and ensure alignment with risk and contractual commitments. Compliance with external bodies and audit requirements, as well as fostering positive relationships with banks and external funding and investing institutions, will also be key responsibilities.

Responsibilities

  • Own the overall financial health of REI, focusing on the company's short and long-term revenue and cost structure, pricing, margin management, and working capital management.
  • Establish a data-driven financial management framework to plan, project, and manage financial and business plans and results.
  • Establish sound financial systems, processes, and controls to enable the finance function and operations.
  • Ensure timely billing and associated controls; manage use and deployment of funds/cash, ensuring no write-offs and timely settlement of external commitments.
  • Manage relationships with banks and other financial institutions in the US and elsewhere.
  • Ensure compliance with all external reporting obligations to customers, IRS, and other supervising and tax/governance agencies.
  • Ensure timely production of financial reports and statements and filing with tax and regulatory bodies.
  • Establish meaningful insights and analytics for management to allow proper business management at all levels: corporate, BU, customer, contract vehicle, etc.
  • Participate/lead analysis of external relationship/acquisition candidates and structuring of the deal framework.
  • Achieve financial targets across the enterprise through systemic planning and management of operating and financial performance.
  • Enhance systems and processes to assure accuracy and timeliness of reporting and analytics, maintenance of financial and internal controls, alignment with risk and contractual commitments.
  • Maintain a positive relationship with banks and external funding and investing institutions.

Requirements

  • At least 20 years of progressive experience in the finance and accounting function, with the most recent 3 years in a similar executive leadership capacity at technology solutions/services companies of similar size.
  • Demonstrated experience in collaborating with the CEO and leadership team in guiding profitable growth.
  • Experience in establishing a strong financial management function and discipline with a foundation of modern systems and controls.
  • Promoting an enterprise-wide focus on data-driven financial planning, budgeting, analytics, and performance management built on strong accounting and management reporting capabilities.
  • Knowledge of statutory and other external reporting requirements, especially for customers in the public sector.
  • Experience in strategic planning and corporate development initiatives, including M&A and joint venture/partnership.

Nice-to-haves

  • Formal education and certification in Finance and Accounting domains (CPA, MBA or equivalent) is a pre-requisite.
  • Ability to see the big picture and influence financial discipline across the enterprise.
  • Strong collaboration skills at executive levels to drive improved and timely decision-making.
  • Strong leadership skills to build and motivate a team to lead change.
  • Strong written and verbal communication capabilities.
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