Director of Finance

Full-time

Description

Position Summary
The Commonwealth Center for Advanced Manufacturing (CCAM) is seeking a Director of Finance to lead the organization’s financial planning, accounting operations, and compliance activities. This role oversees budgeting, forecasting, financial reporting, and cash flow management across multiple funding sources, including federally funded programs. The Director of Finance ensures compliance with federal and commercial accounting requirements while managing financial risk and internal controls. This position partners closely with executive leadership, the Board, and external stakeholders to support CCAM’s mission and long-term sustainability.

Responsibilities

• Developing financial strategies, budgets, forecasts, and long-term financial plans including those supporting federally funded programs and contracts
• Preparing monthly and annual reports, analyzing complex data, and presenting insights to executives and Board members
• Coordination and oversight of department budgets, tracking expenditures, and implementing cost-reduction strategies
• Managing all accounting functions, to include general ledger, accounts payable, accounts receivable, month and year end closing processes
• Developing, monitoring, and maintaining compliant indirect cost rate structures, cost allocations methodologies, and supporting documentation in accordance with federal program regulations and commercial best practices
• Assessing, managing, and minimizing financial risks, ensuring compliance with regulations to include federal accounting and reporting requirements
• Managing cash flow and forecasting to support operations across multiple funding sources, including federal cost-reimbursement based awards
• Supervising, mentoring, and developing the finance and accounting staff
• Serves as the primary financial liaison for external auditors, federal agencies, funding sponsors, financial institutions, and insurance providers

CCAM is committed to creating a diverse environment and is proud to be an equal opportunity employer. CCAM does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Company Overview:

CCAM is the center of an ecosystem of collaboration with industry, government, and academia that is focused on helping manufacturers solve real world problems. CCAM works with its partners to develop and deploy new technologies that advance manufacturing and deliver business value. For many companies, joining CCAM can be the difference between being in front of new technology or behind the curve.

Our research focuses on building intelligence in manufacturing processes and systems by bringing experienced, multi-disciplinary teams together with advanced digital systems and manufacturing process capabilities as well as new technology to solve industrial challenges. Whether through new process development, process improvement, new technology development and insertion, system integration and automation, or advanced analytics and AI development, our teams deliver real, usable results. Active research threads include flexible and distributed manufacturing, adaptive automation, cooperative processing, advanced coatings systems, and intelligent repair and replacement through new technologies.

As an applied research center, CCAM has a very strong, multi-disciplinary resident staff that includes research scientists and engineers, skilled industrial technicians, university faculty, and engineering interns and graduate students. These teams work collaboratively with one another as well as with partner organizations to build new and effective approaches to challenges. Our teammates are highly skilled and innovative problem solvers that are focused on delivering value to our customers every day.

Benefits Overview:

• Health, Dental, Vision insurance plan options; eligible on first of month following date of hire.
• HRA – Health Reimbursement Account (employer funded, covers a portion of the medical deductible).
• FSA – Flexible spending Account (employee funded, pre-tax).
• 401k Retirement Plan – Employer contributes 3% of base salary monthly; additional discretionary match up to 7.5% determined annually.
• Life, Accidental Death & Dismemberment, Short Term Disability, and Long-Term Disability insurance (employer funded).
• 3 weeks paid vacation.
• 2 weeks paid maternity/paternity/adoption leave.
• Tuition Reimbursement up to $5250.00 per year.

Requirements

Required Qualifications

• Bachelor’s degree in business, accounting, finance or related field
• Extensive senior management experience in finance or accounting
• Deep understanding of financial principles, GAAP, IRS, and other regulatory requirements
• Strong understanding of banking processes
• Proficiency with financial management software (Microsoft Dynamics preferred, Excel, etc.)
• Excellent organizational, analytical and strategic thinking skills
• An analytical mindset with the ability to translate financial data into business strategies and solve complex problems
• This position requires access to technology or intellectual property that is subject to export control requirements ( Candidates must be qualified for such access without an export control license)

Preferred Qualifications:

• 10 – 15+ years’ of progressively responsible experience in financial management, as a senior level accounting or financial role
• Strong working knowledge of Federal Regulations (2 CFR Part 200 Subpart E, Federal Acquisition Regulations)
• Experience with Not-for-Profit, For Profit, and Federal Contractor accounting
• Strong working knowledge of detailed financial data analysis
• Proven payroll experience, with a focus on streamlining accounting processes

Individual Traits Key to Success at CCAM:

• Approaches work with a collaborative, team-first mentality; positive, proactive, with a can-do attitude.
• Genuine enthusiasm for the application of research to manufacturing processes.
• Excels at problem definition; able to work effectively with open ended or ambiguous problems and/or applications.
• Self-driven and results-oriented, with a clear focus on high quality work performance.
• Excellent verbal and written communication skills, conveys ideas at both technical and non-technical levels; must be a good listener.
• Responsible and accountable; able to manage time, cost, and quality to meet project goals.
• Eager to gain new experience and learn new skills.