Position Summary

The VP of Finance will be responsible for all areas relating to Cognitive’s accounting and finance functions. Specifically, s/he will oversee financial policies, procedures, controls, and reporting systems, and carrying out annual budgeting, audit and forecasting activities. In addition, the VP of Finance will help establish and institute foundational government cost accounting functions for Cognitive, to include indirect rate cost account monitoring and development of provisional forward rates and preparing for DCAA reviews and audits.

Duties:

Internal Accounting

  • Direct and monitor accounting activities to ensure the organization’s financial resources are managed in accordance with best accounting principles and comply with all relevant regulations, laws, and standards.
  • Oversee preparation and review of general ledger entries, payroll transactions/reconciliation, accounts receivable/payable and any general ledger adjustments.
  • Ensure an accurate and timely monthly, quarterly and year end close.
  • Oversee accurate and timely processing of payroll and positive pay transactions.
  • Ensure monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
  • Provide technical expertise and advice to functional or operational managers to help them develop revenue and expense budgets, understand financial reports, and manage their financial responsibilities.
  • Develops supportable company cost positions for the proper accounting and/or estimating practices in compliance with government regulations. Provides guidance on issues of compliance with government rules, regulation and oversight;
  • Leads the management of indirect rates including monthly reporting 

Financial Accounting

  • Provide financial analysis statements including monthly balance sheets, income statements, cash flows statements, and actual to budget and last year variance analysis.
  • Develop and implement policies and procedures related to financial management, budget and accounting.
  • Collect and provide information for audit inquiries and provide assistance to auditors.
  • Manage the Company’s yearly external audit process.
  • Keep track of the business’ financial status by closely monitoring revenue, expenses, and future budget changes while evaluating financial data, and prepare reports and charts on finances.
  • Develop the financial section of the Company’s Board report
  • Present to and interact with the Company’s Board of Advisor and Board of Directors

Government/FAR based accounting

  • Manage the establishment and maintenance of US Government Cost Accounting Standards (CAS) Disclosure Statements and management of related administration requirements
  • Prepare and support annual proposal to establish final billing rates (incurred cost submission), including performance of internal transaction reviews of discretionary accounts.
  • Review journal entries and cost transfers.
  • Identify financial issues, recommends solutions and manages corrective action to any financial inconsistencies.
  • Support the review of contracts and proposals, ensuring that proposal pricing is correct, that required financial data is auditable and presented in accordance with proposal
  • Responsible for maintaining and managing indirect rates in the accounting system monthly reporting, true-up and year-end
  • Work closely with contracts and pricing staff to ensure that forward pricing rate submissions and contract proposals utilize current, accurate and complete cost or pricing data.
  • Establish and maintain effective records to support Government audits and fact-finding. Drafts and coordinates review of responses to Government requests for records
  • Along with Department Directors and Program Managers, assist in the monitoring of labor/time reporting procedures

General

  • Manage Finance Department
  • Manage staff by communicating job expectations; planning, monitoring, and appraising job results; coaching, counseling, and disciplining employees; initiating, coordinating, and enforcing systems, policies, and procedures.
  • Maintains staff by recruiting, selecting, orienting, and training employees; developing personal growth opportunities
  • Lead and motivate staff to improve customer service with customers
  • Participate in the company’s Management Team
  • Manages the development and implementation of annual and long-term financial programs and contributes to strategic business objectives for the company.
  • Ensures business excellence is maintained planning, selection, retention, and development of required professional talent within the department.
  • Maintains the strict confidentiality of sensitive information.
  • Determines training programs to assure that company personnel have the job knowledge to fulfill obligations imposed by Government/contracts accounting and business system requirements.
  • Provides guidance on issues of compliance with government rules, regulation and oversight related to cost accounting.

Requirements:

  • Bachelor’s degree in Accounting
  • Unanet Financials or similar government accounting software package knowledge
  • CPA preferred
  • MBA preferred
  • 7+ years experience as a Controller, Assistant Controller, or Senior Accountant or VP of Finance.
  • A senior-level understanding of GAAP and Federal Government Accounting practice and applied theory.
  • Government contract accounting experience, Cost Accounting Standards and FAR/DFARs knowledge
  • 5+ years’ experience managing Accountants or higher.
  • Experience with a general ledger software accounting system
  • Must be able to define problems, collect data, establish facts and draw valid conclusions.
  • Advanced skills in MS Office Suite.
  • Experience with DCAA audits 

Need to Have:

  • Government/CAS accounting experience, on cost type contracts
  • Experience with annual financial audits
  • Unanet Financials or similar government accounting software package knowledge
  • Must be an expert at Microsoft Excel

Nice to Have:

  • Federal Healthcare IT
  • Pricing experience for government contracts

Cognitive Medical Systems is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants. Applicants will receive fair and impartial consideration without regard to race, sex, color, religion, national origin, age, disability, veteran status, genetic data, or religion or other legally protected.