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LMG Staffing Solutions

Director of Finance

LMG Staffing Solutions, Fredericksburg, Virginia, us, 22403

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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. 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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