Financial Reporting Director - Axient, LLC

Axient is looking for a Financial Reporting Director that is a Senior level manager in a corporate role with a dynamic mid-market government contractor. The successful candidate will provide hands-on accounting leadership in three main areas- consolidated financial statement preparation, revenue recognition & unbilled receivables, and government contract compliance and regulatory reporting. Reports directly to the Corporate Controller.

• Financial Reporting & Control.  Prepare consolidated financial statements, including internal and external reporting.  Support bank covenant reporting packages and ad hoc requests as needed.
• Work with Corporate Controller to establish an Internal Control over Financial Reporting (ICFR) system suitable for the company.  Implement policies & procedures and communicate to internal stakeholders.
• Ensure external financial and DCAA audit readiness, to include optimal document management and retrieval processes for timely support to audit firms/authorities.  Interface with auditors, respond to data calls, and direct internal team as needed to ensure a responsive process.
• Assist in the design and reliability of the financial planning system, IBM TM1 Planning Analytics.
• Support and maintain book provisions for tax expense, contingencies, others for company & subsidiaries.
• Provide financing accounting mentorship and help for the company’s Joint Venture entities as needed.
• Research technical accounting matters and applicability to the company.  Draft position papers as needed.

• Revenue Recognition. Verify and ensure reliability of revenue recognition recorded by the business segment’s program finance teams for monthly closing process to include the company’s At-Risk and incremental funding rules. Validate proper revenue recognition treatment per company practice and ASC 606 compliance.  Ensure audit traceability of firm-fixed price EAC changes.  Oversee that project accounting and maintenance guidelines are being followed.

• Unbilled Receivables. Prepare monthly unbilled analysis, defining significant unbilled categories such as at-risk, rate differential, timing difference, retainage and others. Coordinate with Billing Manager and team on validity of balances and expected timing of billing.
• Review and record revenue adjustments for unbilled receivable true-ups, indirect rate adjustments, and contract closeout.  Troubleshoot and resolve issues with the program finance & billing team, as needed, on non-recurring program revenue or billing items to include award fees, software licenses, etc. Routinely inform finance management of any collectability concerns within unbilled receivables and record entries as needed.  Reconcile unbilled subledger to the general ledger monthly.

• Regulatory Reporting & Compliance.  Under oversight from the Corporate Controller, prepare annual incurred cost submissions to DCAA; currently three entities.

• Maintain company’s Disclosure Statement and support Cost Accounting Standards (CAS) compliance throughout the company, to include home-office allocations and service center allocation maintenance. Insure integrity of the indirect cost structure throughout the business and mappings of GL accounts to pools & bases.  Review Statement of Indirects report monthly.  Resolve discrepancies with GL team.
• Adopt and refine finance & accounting policies to adhere to external audit bodies and audit procedures (GAAS). Ability to write procedures and work instructions and draw on other departments for support is critical.
• Support various DCMA audits to include CAS, Business Systems, CPSR, and pre-contract award audits. Supply contracts dept, and bid & proposal teams with compliance and certification documents as needed.  Exercise existing accounting system and govcon consultants to carryout objectives.
• Liaise with DCAA and develop internal training plans and audit records to maintain the company’s good standing. Work with HR and training department for implementation.

• Leadership.  As a member of the Controller’s Office, support monthly financial statement reviews with the CFO and VP F&A.  Ensure integrity of the Balance Sheet and reconcile responsible suspense accounts in a timely manner.  Partner with the Executive Director of Accounting to maintain schedule with the monthly closing cycles, and ensure accuracy of respective accounts and department sub-closings.
• Be an authority figure on cross-functional teams across Axient’s various locations for compliance changes or process improvement projects, as needed.  Cross-functional meetings of significance include the A/R +90 review, Contract Closeouts, DCAA compliance reviews & training, etc.
• Act as an experienced utility player able to dive into various projects, including process improvements, M&A integration, cash flow optimization, etc. within the finance & accounting department.
• Be an influencer on the compliance posture of the company while promoting a motivational culture.

• CPA and/or Masters in Accountancy
• U.S. GAAP and knowledge of internal control frameworks. Minimum of 10 years hands-on financial accounting, cost accounting, and financial statement preparation experience
• Experience in financial consolidations of a multi-company corporate structure
• Federal government contractor background.
• Experience with Deltek Costpoint

• Must be able to prioritize competing priorities to ensure commitments are met or exceeded.
• Must be comfortable working and leading in a multi-site and dispersed team environment.

• Must have an understanding of government cost principles (to include familiarity with CAS compliance) along with demonstrated knowledge of the Federal Acquisition Regulation (FAR) and FAR supplements including DFARS.  Demonstrated ability to interact with auditors and overcome disputed items is a must.

• Experience ensuring financial processes and reporting standards comply with established company policies and procedures.

• Proven ability to work well in a fast-paced, dynamic, collaborative environment.
• Responsiveness, flexibility, organization, and attention to detail are a must.
• Must be a highly motivated self-starter.
• Excellent written/verbal communication and interpersonal skills.

Education:

• Bachelor's degree in Accounting or Finance.  Advanced education preferred.

Clearance:

• Able to obtain Secret.