Senior Accountant and Financial Officer

Kittyhawktech • Virginia, MN, United States • $200k - $250k / year • 1m ago

Located In: Honesdale, PA or King George, VA

Job Description

Kitty Hawk Technologies is a small but dynamic defense engineering company focused on delivering advanced technical solutions to meet the needs of the U.S. Department of Defense and related agencies. With a commitment to innovation, integrity, and excellence, we aim to provide our clients with innovative engineering products and services. As a growing company, we are looking for a Senior Accountant and Financial Officer to join our team and support our financial operations.

The Senior Accountant and Financial Officer (SAFO) will be a key member of Kitty Hawk Technologies’ leadership team, responsible for overseeing all financial aspects of the company. The SAFO will manage the accounting functions, financial reporting, budgeting, forecasting, and ensure compliance with government contracting regulations. This role requires a detail-oriented, strategic thinker with strong financial acumen and experience in the defense industry.

Key Responsibilities:
• Financial Management:
◦ Oversee and manage the company’s financial operations, including accounting, financial reporting, budgeting, and forecasting.
◦ Develop and maintain financial policies, procedures, and internal controls to ensure accuracy, integrity, and compliance.
◦ Prepare and present monthly, quarterly, and annual financial statements to the executive team and board of directors.
◦ Manage cash flow, working capital, and financial planning to support the company’s growth and operational needs.

• Government Contracting Compliance:
◦ Ensure compliance with government contracting regulations, including DCAA audits, FAR, DFARS, and other relevant guidelines.
◦ Manage contract billing, cost accounting, and revenue recognition according to government standards.
◦ Oversee indirect rate development and submission, ensuring alignment with government requirements.

• Budgeting and Forecasting:
◦ Lead the annual budgeting process, working closely with department heads to develop accurate and realistic budgets.
◦ Monitor budget performance, analyze variances, and provide actionable insights to support decision-making.
◦ Develop financial forecasts to support strategic planning and business development initiatives.

• Tax and Audit Management:
◦ Oversee tax planning and compliance, including the preparation and filing of federal, state, and local tax returns.
◦ Coordinate and manage audits related to government contracts, including DCAA (Defense Contract Audit Agency) audits.
◦ Coordinate and manage external audits, ensuring timely and accurate completion.
◦ Maintain relationships with external auditors, tax advisors, and financial institutions.

• Cash Flow Management:
◦ Monitor and manage cash flow for government contracts, ensuring sufficient liquidity for operations.
◦ Develop strategies to optimize cash management and working capital, particularly concerning government payments and reimbursements.
◦ Oversee treasury functions and maintain strong banking relationships.

• Team Leadership:
◦ Manage and mentor the accounting team, providing guidance, training, and support to ensure high performance.
◦ Collaborate with other departments to support company objectives and promote a culture of financial responsibility.

• System and Process Improvement:
◦ Identify and implement improvements in financial systems, processes, and reporting, particularly in relation to government contract accounting.
◦ Ensure the effective use of financial software and tools to enhance productivity and accuracy, with a focus on government contract compliance.