13 Financial Manager Jobs in Lexington, MD
FosterThomas is Hiring a Financial Manager Near Lexington, MD
- Ensure compliance with accounting functions and practices associated with government regulations, including DCAA, DCMA, and DFARS requirements, to include managing annual government agency audits and developing the annual budget submission to establish DCAA approved billing rates.
- Perform and/or supervise regular internal audits of financial records to ensure accuracy, integrity, and compliance with government regulations and company policies, while providing documentation and addressing internal audit findings.
- Implement data and maintain accounting system to accurately capture, track, and report financial data for government Department of Defense (DOD) contracts.
- Responsible for monthly revenue reconciliation on all contracts, including monthly period closes, results of operation, and reporting status to senior management.
- Participate in senior management team meetings to review financial performance against objectives and targets. Reveal obstacles to growth and develop strategies to overcome these obstacles.
- Banking liaison duties, to include annual renewal.
- Other duties as assigned.
- CPA or CMA certification preferred.
- Bachelor's degree in accounting, finance, or a related field required.
- Minimum of 5 years of relevant accounting experience in a DOD contracts environment in a senior accounting or finance role.
- Very specific experience pertaining to the Essential Job Functions listed may be considered in lieu of degree. 10 year minimum for consideration.
- Experience with Deltek Costpoint required.
- Solid understanding of Generally Accepted Accounting Principles (GAAP) and Cost Allocation Methods for Government Contractors, including DCAA Incurred Cost Submissions, T&M, CPFF, FFP type contracts, required.
- Excellent communication, interpersonal, organizational, analytical, and prioritization skills with the ability to collaborate effectively with cross-functional teams and government agencies required.
Job Summary
Full Time
$120k-152k (estimate)
12/13/2023
06/30/2024
fosterthomas.com
Annapolis, MD
200 - 500
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The job skills required for Financial Manager include Accounting, CPA, Budgeting, Generally Accepted Accounting Principles, Billing, Team Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Financial Manager positions, which can be used as a reference in future career path planning. As a Financial Manager, it can be promoted into senior positions as a Financial Reporting Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Manager. You can explore the career advancement for a Financial Manager below and select your interested title to get hiring information.
If you are interested in becoming a Financial Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Financial Manager job description and responsibilities
Financial managers are responsible for the financial health of an organization.
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Financial managers provide financial advice within public and private sector organizations.
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Financial managers advise on business planning, helping leaders of organizations make large-scale decisions.
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A financial manager has to prepare forecasts, financial statements, business activity reports, and maintain the financial health of an organization.
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They oversee financial details to ensure that all legal requirements are met and supervise other employees who do financial budgeting and reporting.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Financial Manager jobs
For example, government financial managers must be experts on government appropriations and budgeting processes.
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Financial managers generally are required to attend meetings of financial and economic associations and may travel to visit subsidiary firms or to meet customers.
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Financial managers should be creative thinkers and problem-solvers, applying their analytical skills to business.
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To carry out their responsibilities, financial managers need to maintain knowledge of legal and regulatory requirements.
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The ability to forecast, plan, prioritize, rank and recognize financial problems are all qualities of an effective financial manager.
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Step 3: View the best colleges and universities for Financial Manager.
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