Director of Finance
Great River, NY, US, 11739
Advanced Acoustic Concepts, LLC, (AAC) a wholly owned subsidiary of Thales Defense & Security Inc., is a technical leader in the fields of sonar systems, sonar signal processing, acoustic training systems, and open architecture system and software integration. AAC focuses on emerging areas in the undersea warfare domain where the customer has identified mission-critical needs. For additional information about Advanced Acoustic Concepts, please visit our website at: http://www.aaccorp.com.
Job Location: Great River, NY or Washington, DC (near Navy Yard)
Title: Director of Finance
Overall Summary
The Director of Finance will support AAC and will be responsible for accounting and financial reporting, business unit and/or division finance, strategic planning/budgeting, cash management, capital planning, program finance, and new business finance functions. The vision for the AAC finance team is to blend with the parent’s TDSI finance and accounting teams as part of a unified home office shared services model. The Director of Finance will report directly to the AAC CEO with a dotted line to the TDSI CFO; when the shared services merger occurs, those lines would reverse, and the Director of Finance would report directly to the TDSI CFO. The timeframe for this transformation is likely late in 2025 or 2026 given business priorities.
Responsibilities
- Responsible for accounting/financial reporting, division finance, strategic planning/budgeting, financial compliance, cash management, capital planning, program finance, and new business finance functions
- Provide executive leadership by developing and implementing financial and business operations strategies as well as managing financial resources to ensure the achievement of the LOB’s business plans and objectives.
- Provide financial and accounting guidance to the VP/GM and other senior staff members to ensure the organizational unit achieves short- and long-term financial goals.
- Assist management in understanding the business dynamics, which includes relationships, models, trends, leading indicators, and business statistics.
- Gather, interpret, and evaluate operating results in terms of costs, budgets, trends, and policies and processes in order to achieve margin and net profit improvement.
- Prepare financial statements and reports of findings and recommendations to senior management.
- Serve as main point of contact for auditors.
- Direct and oversee implementation of large programs and projects.
- Accountable for meeting project timelines, budgets, performance standards, and department objectives
- May provide analysis on business development and may monitor business performance by unit, division or brand.
- Select, supervise, develop, and evaluate accounting staff to ensure the efficient operation of financial activities; Develop managers and team members by coaching, training, motivating, and mentoring.
- Support, communicate, reinforce and defend the mission, values and culture of the organization.
- Responsible for communication of financial metrics, budgets, and information to Thales Defense & Security, Inc. and Thales USA senior leadership
Qualifications
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
- Applicants selected may be subject to a government security investigation and must meet eligibility requirements for access to classified information.
- Bachelor’s degree in accounting or finance and 15+ years of work experience, with a minimum of 7 years of leadership experience or an equivalent combination of experience and training that provides the required knowledge, skills, and abilities.
- Government contracting experience highly preferred.
- Knowledge and experience with DCAA/DCMA and FAR regulations
- CPA and/or MBA a plus
- Strong conceptual and business analytical skills, excellent writing and interpersonal communication skills
- Proficient knowledge with Microsoft Word, PowerPoint and expert Excel; Deltek and SAP a plus
- Periodic travel to AAC/TDSI locations. If position is based in DC - travel to NY is required monthly.
The annualized pay range for this role is $166,500- $212,750 USD along with a target ICP/bonus of 10-15%. The pay range provided is a good faith estimate representative of the experience level for the role described above. AAC considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.
Top Benefits (Subject to terms of applicable policies/plans)
- Competitive Salary
- Yearly Incentive Compensation Plan (ICP)
- Medical insurance for self and eligible family members
- Generous 401(k) program - up to 7% company contribution and 100% immediate vesting
- Tuition Reimbursement
- PTO/Holiday Leaves
- Paid maternity, paternity, and parental leave
- 9/80 Work Schedule (every other Friday off)
- Hybrid working environment.
Advanced Acoustic Concepts, LLC is an equal opportunity/affirmative action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, national origin, disability status, protected veteran status, marital status, or any other characteristic protected by law. AAC is an E-Verify employer.
Nearest Major Market: Long Island
Nearest Secondary Market: New York CIty