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AC
Aston Carter
Finance Director
Career Insights for Vice President / Director of Finance
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Based on Michigan data
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What they do
A Vice President or Director of Finance manages the daily financial activities of a company or organization. Oversees accounting, bookkeeping, accounts receivables and payables, and financial administration.
$175,905 / year median in Michigan
+6% projected growth
Job Description
Job Title:
Finance Director Job Description Join a dynamic defense contractor as the Director of Finance, leading financial operations across multiple subsidiaries in engineering services, production, procurement, and commercial drone sales. This senior leadership role involves overseeing accounting, financial reporting, government contract finance, and compliance functions. Responsibilities Own the monthly, quarterly, and annual close process across all entities, consolidating and eliminating intercompany transactions. Prepare executive financial reporting packages including P&L trends, balance sheet analysis, gross profit margin by program, budget vs. actual variance analysis, and trailing-twelve-month dashboards. Maintain the general ledger in the ERP system (Deltek Costpoint), ensuring accurate cost pool allocations and job-cost postings. Perform monthly bank and credit card reconciliations and manage accounts payable/receivable functions. Design, maintain, and defend the indirect rate structure in accordance with FAR Part 31 cost principles and CAS requirements. Prepare and submit incurred cost proposals and support DCAA audits, rate negotiations, and forward pricing rate submissions. Build and maintain program-level Estimates at Completion (EACs), including cost performance tracking for CPFF, FFP, and T&M contract types. Support proposal pricing efforts with fully burdened labor rate calculations, basis of estimate documentation, and cost volume development for government solicitations. Ensure ASC 606/percentage-of-completion revenue recognition is properly applied and documented across all active contracts. Prepare and submit periodic bank covenant compliance packages including Fixed Charge Coverage Ratio (FCCR) and Debt-to-Tangible Net Worth calculations. Serve as the primary point of contact for banking and lending relationships, managing loan draw requests and evaluating lending terms. Lead the ongoing Deltek Costpoint implementation and optimization, including chart of accounts design and user training. Support acquisition due diligence, purchase price allocation analysis, and post-close integration of acquired entities. Essential Skills 10-15 years of progressive accounting or finance experience. Minimum 5 years of government contracting experience, ideally within DoD. Strong understanding ofFAR/DFARS, DCAA
audit requirements, indirect rates, and cost pool structures. Experience with Deltek Costpoint or a comparable government contracting ERP. Ability to own month-end close, financial reporting, multi-entity consolidations, and executive reporting. Strong Excel and financial modeling skills. Comfortable working on-site and serving as the primary finance leader for the organization. Additional Skills & Qualifications Bachelor's degree in Accounting, Finance, or related field. CPA, CMA, or CGFM designation is preferred. Hands-on experience with Deltek Costpoint or equivalent government contracting ERP. Experience in a multi-entity holding company structure with intercompany eliminations. Prior involvement in M&A transactions and familiarity with SBA certification requirements. Experience with Fishbowl MRP or similar inventory/manufacturing systems. QuickBooks Desktop/Online proficiency for legacy entity support during transition. Job Type & Location This is a Permanent position based out of Madison Heights, MI. Pay and Benefits The pay range for this position is $165000.00 - $185000.00/yr. Selling Points for Candidates- Long-term opportunity to grow into the CFO role.
- Rapidly growing company with an entrepreneurial, small-business mindset.
- Opportunity to help build processes and influence how the finance function operates.
- Innovative and exciting work within the defense/government space.
- Strong culture with a focus on work-life balance, team environment, and employee engagement.
- Competitive benefits for a company of their size, including BCBS health plans, HSA options, employer premium contribution, 401(k) match, disability/life insurance, three weeks PTO, and 11 federal holidays.