
N/A
VP Business Operations and Finance
2 years ago
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The VP of Business Operations and Finance reports to the LMD president and will serve as a member of the LMD leadership team. The role will oversee the team responsible for the agency’s financial management, human resources, federal contracting and the information technology infrastructure, as well as general operations and corporate processes and policies. This will include managing shared resources for contracts & compliance and technology services. In addition, the VP will also be responsible for collaborating and reporting to our sister company, MarCom Group.
- Manage and oversee the day-to-day work of LMD’s internal business operations team to include HR, finance, administration, certifications, contracts & compliance, general operations and technology services & solutions.
- Oversee and manage all financial operations in Workamajig, including client invoicing, vendor management, accounts payable and receivable, tax preparation, payroll and month-end and year-end financial reporting.
- Monitor all financial transactions and ensure accuracy in company reports.
- Prepare an annual budget and provide guidance on off-budget expenditures.
- Develop and maintain business forecasting processes.
- Monitor and analyze financial performance, prepare financial reports, and present findings to the executive team.
- Prepare year-end financials for review and processing by an external accountant.
- Manage the employee 401(k) plan, ensuring plan compliance and employee education.
- Serve as key advisor and strategic partner with regards to business planning, execution, project and corporate profitability, growth targets and revenue goals.
- Manage cash flow and expenditures to support business growth, tax compliance and operational needs.
- Assess and mitigate financial risks, including project cost overruns, contract modifications, and compliance issues.
- Maintain and enhance the GSA Contract Schedule to support business needs.
- Ensure compliance with federal and commercial contracting requirements, including the Federal Acquisition Regulation (FAR) and training.
- Provide strategic financial advice and recommendations to the executive team and account managers, to include bid strategy, pricing, contract negotiation and overall business development support.
- Oversee contract/project financial management.
- Oversee and monitor shared services provided to ensure delivery against LMD’s priorities.
- Stay updated with industry trends, changes in regulations, and best practices in federal contracting to drive innovation and operational excellence.
- Identify and implement operational improvements.
Knowledge, Skills, & Abilities:
- Excellent knowledge of financial management systems, budgeting, and advanced proficiency in technology products including Microsoft and Google products.
- Excellent knowledge of preparing and analyzing income statements, balance sheets and financial reports.
- Exceptional leadership abilities, with a track record of managing high-performing operational teams.
- Understanding of business processes across internal functions.
- Highly collaborative with all levels and willingness to support others’ success.
- Outstanding communication and presentation skills, with the ability to effectively convey complex business information to internal stakeholders.
- Strong ethics and integrity, with a commitment to upholding the highest standards of financial governance and compliance.
- Demonstrated ability to develop and execute financial strategies, drive business growth, and deliver results in a complex federal contracting environment.
- In-depth knowledge of federal contracting regulations, including the Federal Acquisition Regulations (FAR), with a strong understanding of government cost accounting principles.
- Strong analytical and problem-solving skills, with the ability to think strategically and make sound financial decisions and recommendations.
Qualifications (Education & Experience):
- Bachelor’s degree in finance, accounting, or a related field.
- Proven experience (minimum 10 years) in a similar leadership role.
- Experience with federal contracting is required.
- Experience with a strategic consulting or communications firm is preferred.
- Ability to report to our Maryland headquarters weekly and/or as needed.