Duties and Responsibilities:
This position directs all financial activities of Chenega Technology Services Corporation. The individual will work hand in hand with the CFO of Chenega Corporation in Alaska on major financial issues and company wide strategies. This person will manage banking relationships both with Wells Fargo in Alaska and with Wachovia bank locally. The VP of Finance is an active member of the corporate management team and is responsible for the development and implementation of short and long-term strategic planning with that group. To support all of these responsibilities the person in this position must have excellent communication skills and a proactive approach.
The VP of Finance is responsible for all budgeting and financial reporting to include project and indirect planning. They will supervise the Program Control department which directly supports various program managers. There are currently 3 individuals in that department. The VP of Finance will also supervise the accounting department’s Controller. The controller, who is a CPA is responsible for directly supervising a staff of 5. There is a dotted line of supervision to the Controller and to the Business Manager of our two largest contracts that hold those positions as direct charge. The Controller is a CPA and the Business Manager holds a Masters Degree so the supervision is top level. The candidate with the best fit will have multiple years of management experience.
The VP of Finance is responsible for all lease arrangements for CTSC. This includes office space and equipment leases from negotiations through lease issues or closeouts. This position is also responsible for coordination of insurance issues through Chenega Corporation ultimately to the insurance broker. Annually the VP of Finance will supply supporting schedules for insurance renewal to the Chenega corporate office. The VP of Finance coordinates legal issues with Chenega General Counsel and is responsible for keeping well documented files for any legal issues other than those that are HR related. The candidate should have some understanding of proper handling of these issues.
The VP of Finance is ultimately responsible for cost proposal development and profit or business analysis. In most cases only the very large or complex cost proposals require the VP to create those files. Program Control addresses the smaller or more basic file creation although they are reviewed by the VP. This position is responsible for Government Contractor compliance issues and for interfacing with DCAA, DCMA and other government agencies. Knowledge of the FAR and CAS is a requirement for this position as is a strong analytical background.
All indirect expenses and any unallowable expenses are budgeted and monitored by the VP of Finance. Coordination with Division Directors on spending is a monthly event. The annual management incentive compensation program is maintained by the VP and coordination of annual or spot bonuses is one of their responsibilities. The VP of Finance should have attention to detail and a full understanding of rate structures and cost impact to successfully complete their duties.
CTSC, as an ISO 9001:2000 company is constantly striving to improve processes. This position supports the CEO in implementing techniques that will ensure continuous business improvements and ensures the accurate documentation of those processes. The VP is responsible for keeping the CEO and Sr. Management team apprised of all significant financial developments. To support this, the candidate should have a high confidence level in their presentation ability.
CTSC is a managing partner in a joint venture. The VP of Finance for CTSC is an active member of the Finance Committee of that joint venture. The committee is responsible for review of strategic financial decisions and banking solutions. The VP of Finance will attend quarterly meetings and will be present at Board meetings in their Finance Committee capacity. The candidate should have and understanding of populated joint ventures.
The VP of Finance is also the 401(k) Administrator and will sign documents as required in that capacity. The bulk of the activity involves reviewing loan or distribution requests and approving them. Annual support for the 401(k) audit and 5500 return will be coordinated by the 401(k) Administrator at Chenega Corp with the VP of Finance; CTSC. The candidate should have some experience with 401(k) compliance issues. The VP of Finance is responsible for the Dun and Bradstreet relationship. This includes keeping the files updated and monitoring all ratings for CTSC.
The VP of Finance is responsible for all submissions to SBA (Small Business Administration). There is an annual submission which requires financial forecasting and quarterly reporting of the financial statements of the joint venture. The creation of ad hoc reporting as required is a responsibility of the VP of Finance.
The VP of Finance coordinates the commission payments to any selling agent for CTSC. This is done on a monthly basis and requires analytical and excel skills.
All audits are ultimately the responsibility of the VP of Finance although the day to day communications are handled by the Controller. Top level corporate strategies and their communication to auditors is the responsibility of the VP of Finance.
The VP of Finance sits on the CTSC Board of Directors as the Treasurer. The Board meets quarterly and the VP does a financial presentation to the board at each meeting. As the Treasurer they sign all “live” checks and corporate tax returns and approve wire transfers.
Mandatory Requirements: Certified Public Accountant Masters Degree in Finance or Business (preferred but not mandatory) 15 years of Government Contracting experience Management experience
Desirable Requirements: Deltek Costpoint software experience Energetic personality Microsoft Office Suite The ideal candidate will be proficient at multi-tasking and will be team oriented.