Chief Financial Officer

Analog Photonics

is a Boston based technology company with expertise in the development of semiconductor chips for optical circuits for customers worldwide in growing markets such as automotive, industrial, consumer, medical and defense, among others.

Chief Financial Officer Responsibilities

The Chief Financial Officer will manage and oversee the financial activities of the company, direct the preparation of detailed financial reports and summaries to inform the Chief Executive Officer, and work with the executive team to prepare financial forecasts for presentation to strategic partners and / or investors. This will include further development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

The preferred candidate will :

Partner with the CEO and executive team on the strategic vision

Oversee all Accounting & Finance activity, including accounts payable, accounts receivable, purchasing and payroll, budget preparation, revenue / expense reports, and audit functions.

Direct preparation of all financial statements, including income statements, balance sheets, management reports, shareholder / member reports, tax returns, and governmental agency reports.

Compare sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.

Monitoring contract funding / spending status, project estimate-to-complete, and financial closing as requested

Create and oversee detailed financial projections for fund raising activities and risk management and ensure adequate cash flow to meet the organization's needs

Oversee investment of funds and works with private sources and investment bankers to raise additional capital required for growth.

Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs, and monitor banking activities of the organization

Provide assistance with DCAA audits, annual government audits and other internal and external compliance audits to ensure that all records are accurate and up to date.

Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass 3rd party and governmental audits

Work with CEO and Project Managers to ensure programmatic success through cost analysis, and compliance with all contractual requirements

Oversee coordination and activities of 3rd party auditors ensuring all audit issues are resolved, and all compliance issues are met

Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified people and positively impacting the community

Oversee maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) assuring all are in accordance with federal regulations

• Analyze operations to identify areas in need of reorganization, upsizing, or expansion;

Work with CEO and executives to coordinate planning and establish priorities for the planning process; reviews planning process and suggests improvements to current methods.

Co-ordinate with Project Managers to automate key financial processes and implement ERP system for financial activities.

Participate in meetings and discussions regarding contracts and negotiations.

Requirements

The preferred candidate will possess :

Master's degree in accounting or business administration

10+ years' experience in a senior financial managerial position in Manufacturing, Semiconductor Chips, Electronics or Government Contracts industry

Experience with fundraising, private equity, sale or acquisition, or corporate restructuring.

Strong financial and accounting background, including a deep understanding of profit and loss, balance sheet and cash flow management and general finance and budgeting

Strategic thinker with ability to develop a long-term strategy while balancing near-term priorities

Demonstrated ability to implement positive change in a dynamic and growing organization

Proficient in financial and accounting practices and related computer applications.

Excellent written, verbal and interpersonal communication skills

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