ITC Defense Corp. · 3 days ago
Chief Financial Officer (CFO)
ITC Defense Corp. is seeking a strategic, hands-on CFO to lead their financial operations, ensure rigorous regulatory compliance, and drive fiscal discipline to support long-term growth. The CFO will act as a principal advisor to the CEO, oversee financial reporting, and manage cash flow and financial risk.
AerospaceService IndustrySoftware
Responsibilities
Ensure all accounting systems, processes, and procedures remain fully compliant with Federal Acquisition Regulations and Defense Contract Audit Agency requirements
Build and maintain internal controls to minimize financial risks. Lead all audit readiness efforts and coordinate directly with DCAA/DCMA or other financial auditing agencies
Manage and maintain formal government approvals for accounting and property management systems
Develop accurate cash flow forecasts that account for complex government payment cycles and ensure adequate financing for rapid scaling
Analyze cost structures to optimize indirect rates, aligning them with competitive market positioning and quality-of-earnings strategies
Oversee timely financial reporting that provides delivery teams with insights for variance analysis, programmatic risk management, and accurate project performance forecasting
Maintain accounting system policies and procedures, manage AR/AP functions, banking relationships, and enforce strict security roles within the accounting system to protect sensitive financial data
Act as a principal advisor to the CEO and corporate leadership on all financial matters. Drive long-term financial planning and identify opportunities for strategic investment, process improvement, and corporate growth
Lead the annual budgeting process and develop robust financial forecasting models; establish schedules and communicate goals to secure CEO approval and maintain fiscal alignment
Monitor business performance against key metrics—such as indirect rates and revenue growth—to ensure long-term stability
Coordinate with external CPAs for year-end tax planning and liability management strategies
Ensure fiduciary responsibility by overseeing 401k fund deposits and reconciliations; perform final reviews of payroll to ensure accuracy and compliance
Manage the corporate insurance portfolio, including D&O, Professional Liability, and defense-specific requirements like Defense Base Act (DBA) insurance for overseas deployments
Lead financial due diligence, valuation, and integration for potential acquisition actions
Develop and maintain sophisticated cost and pricing processes and tools to support capture and proposal efforts with data-driven strategy
Directly manage and mentor Finance and Pricing personnel, fostering a culture of high performance and ethical conduct
Other duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, or similar field (CPA or MBA highly preferred)
10+ years of progressive financial leadership, with at least 10 years specifically in a GovCon environment
Proficiency in DCAA-compliant systems (PROCAS proficiency preferred) and expert-level Excel modeling
Strong written and verbal communication skills with corporate executive team and senior government leaders
Strong knowledge of FAR/DFARS, CAS, GAAP, and DCAA regulations, including their application to contract and financial management
Demonstrated data analytics and financial strategy skills
Excellent organizational and time management skills, with the ability to prioritize, multitask, and perform effectively under pressure
Self-motivated and focused, with demonstrated ability to manage competing priorities and meet deadlines
Detail-oriented, maintaining a high level of accuracy and quality in all work products
Must be a U.S. Citizen
Ability to travel to CONUS locations, estimated 5-10%
Preferred
Eligible for US Government security clearance (Top Secret preferred)
Previous experience working on complex, large DoD programs or projects
Benefits
Employer Supplemented Health Insurance
Employer Paid Dental and Vision Insurance
Employer Paid Life and AD&D Insurance
3% Biweekly 401(k) Contribution
Paid Time Off
Tuition and Certification Reimbursement
Competitive Salaries with Performance Incentives