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Director of Finance

LMG Staffing SolutionsFredericksburg, VA

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Job Description

About the Opportunity:

LMG Staffing Solutions is conducting a search on behalf of a well-established and rapidly growing government contractor in the IT and professional services sector. This organization is seeking a highly capable and experienced Director of Finance to lead its financial operations and drive strategic fiscal initiatives.

Position Summary:

The Director of Finance will be responsible for managing all aspects of the company’s financial operations, including budgeting, compliance, reporting, and systems oversight. This leadership role requires hands-on expertise with Deltek Costpoint, in-depth understanding of government contracting, and a strategic mindset to support executive decision-making. The ideal candidate will bring both operational excellence and a proactive approach to financial planning and risk management.

Requirements

1. Financial Operations & Reporting

  • Lead monthly, quarterly, and year-end closing processes

  • Generate accurate and timely financial statements, cash flow reports, and executive-level dashboards

  • Ensure proper revenue recognition, billing accuracy, and project income tracking

  • Maintain the general ledger, reconciling accounts on a monthly basis

  • Support internal and external audit preparation and assist in audit execution

  • Identify and implement process improvements to streamline accounting operations

2. Government Contracting & Compliance

  • Manage Deltek Costpoint to support project accounting, cost tracking, and reporting

  • Ensure full compliance with GAAP, FAR, DCAA, and other relevant federal financial standards

  • Oversee WAWF (Wide Area Workflow) submissions and government billing procedures

  • Establish and reconcile indirect cost pools and ensure proper allocation of overhead and G&A expenses

  • Monitor contract terms for compliance with billing and reporting requirements

  • Assist in preparation for incurred cost submissions and DCAA audits

3. Payroll, AP/AR & Cash Management

  • Oversee employee timesheet processing and monthly PTO accruals

  • Manage vendor invoicing, payment disbursements, and maintain vendor records

  • Handle accounts receivable, including customer receipt tracking and follow-ups

  • Process and reconcile bank transactions, credit card charges, and intercompany transfers

  • Manage and forecast cash flow, ensuring appropriate liquidity for operations

4. Financial Planning & Leadership

  • Collaborate with executive leadership to develop budgets, forecasts, and long-term financial plans

  • Conduct ongoing variance analysis and provide strategic recommendations

  • Provide insights on financial risks, cost-saving opportunities, and capital investment planning

  • Supervise and mentor junior accounting staff (if applicable)

  • Contribute to cross-functional initiatives that improve overall operational efficiency

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or related field; CPA or MBA preferred

  • 5–7 years of progressive experience in financial management, preferably within government contracting

  • Expert-level proficiency in Deltek Costpoint is required

  • Strong knowledge of government cost accounting, indirect rate structures, and DCAA compliance

  • Solid understanding of internal controls, financial risk management, and strategic planning

  • Excellent analytical, organizational, and communication skills

  • Ability to work independently and maintain discretion with confidential information

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