Business Unit Finance Director- Power and Actuation Systems Job at Marotta Controls, Parsippany, NJ

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  • Marotta Controls
  • Parsippany, NJ

Job Description

Power and Actuation Systems Business Unit Finance Director

The Power and Actuation Systems (PAS) Business Unit (BU) Finance Director serves as the Finance Business Partner to the PAS Business Unit Leader and is a direct report to Marotta’s Chief Financial Officer. This director-level role oversees strategic financial activities, reporting, and decision-making, supporting direct and indirect functions including Program Management, Business Development, Customer Service, Engineering, Operations, and Accounting.

From estimating costs, prices, profitability, and cash flows of potential contracts to reporting and analyzing the financial performance of existing contracts and products, the PAS Finance team and its leader are developing a deep understanding of PAS product lines, production processes, and the value proposition offered to customers. The PAS BU Finance Director is responsible for aligning financial leadership for bids, sales, profitability, and cash flow objectives while managing and mentoring a team to deliver exceptional results.

Minimum Required Qualifications

  • Education: B.S. in Business, Finance, or a technical field (MBA or advanced degree preferred).
  • Experience: 12–15 years in roles involving Finance, Program Management, Contracts, or Business Management.
  • Significant experience managing government contracts, including:
  • Contracts Management.
  • Proposal Development, Cost Estimating, and Pricing.
  • Finance (P&L) and Program Finance for contract and project accounting using the Percent Complete Method.
  • Project and Business Management.
  • Proven track record of supporting audits by Aerospace Prime Customers, Defense Contract Management Agency (DCMA), and Defense Contract Audit Agency.
  • Experience leading a team of 6–8 direct reports .
  • Skills: In-depth knowledge of Federal Acquisition Regulations (FAR).
  • Exceptional verbal and written communication, negotiation, and leadership skills.
  • Ability to manage multiple complex projects simultaneously.
  • Highly proficient in Microsoft Excel, MS Office, an Earned Value Management System (EVMS) and enterprise financial systems.
  • Demonstrated ability to foster collaboration across diverse teams and levels of the organization.
  • U.S. Citizenship required.

Essential / Primary Responsibilities

Team Leadership & Development

  • Direct and mentor a team of 6–8 finance professionals , fostering professional growth and development.
  • Establish and standardize best practices for cost estimating, pre and post award support to bid teams, financial forecasting, and program financial management.

Strategic Finance Partnering

  • Serve as the primary finance partner to the PAS BU Leader, providing insights and guidance to achieve financial objectives.
  • Collaborate with cross-functional teams to align sales, profitability, and cash flow goals.
  • Collaborate with General Accounting for recurring and non-recurring invoicing activity for milestone based and cost type contracts.

Program Finance & Reporting

  • Lead financial reporting and analysis for PAS programs, including:
  • Direct labor, material costs, and overhead allocations.
  • Earned Value Management Systems (EVMS) and related program reviews.
  • Development of Estimates to Complete (ETCs) and Estimates at Completion (EACs).
  • Conduct variance analysis on revenue, cost of sales, and gross margin compared to budget and forecast.
  • Deliver actionable insights on program progress and resource allocation.

Cost Estimating & Proposal Development

  • Oversee cost estimating and pricing for all major proposals and bids, including spares and
  • repairs.
  • Ensure compliance with FAR for proposals exceeding $750K, serving as the Cost Volume Manager .
  • Lead customer and government audits of proposals, including engagement with the DCMA.
  • Provide guidance and training for developing robust Basis of Estimates (BOEs).

Financial Analysis & Forecasting

  • Direct multi-year financial modeling and forecasting for the PAS BU, ensuring alignment with corporate goals.
  • Oversee rolling forecasts and support company-wide financial planning processes including Annual Operating Plans and Budgets.
  • Analyze working capital accounts and provide insight for variances impacting cash flow.

Additional Responsibilities

  • Actively contribute to strategic initiatives and continuous improvement programs.
  • Support audits and negotiations as a primary financial representative for the PAS BU.
  • Lead and participate in team meetings and improvement initiatives to achieve company goals.
  • Ensure compliance with safety, quality, and organizational policies across the PAS BU.

Core Competencies

  • Leadership: Ability to lead and inspire a team of finance professionals.
  • Strategic Thinking: Strong capability to align financial strategies with business objectives.
  • Analytical Acumen: Expertise in complex financial modeling, variance analysis, and performance reporting.
  • Regulatory Knowledge: Comprehensive understanding of FAR and government contracting requirements.
  • Collaboration: Proven ability to work effectively across all levels of the organization.

This role is ideal for a dynamic leader with a passion for driving financial success in a government contracting environment while mentoring and developing a high-performing finance team.

This position is at our Montville, NJ corporate offices location.

Pay Range: $180K-220K

Many of our contracts require proof that you are a U.S. citizen and/or that an export license has been obtained for employees who are citizens of certain countries. Your employment, both initially and continually thereafter, is conditioned on production of such proof of citizenship and/or any export license that may be required to comply with any and all applicable laws, regulations, or executive orders, or required by Federal, State, or local government contracts.

At Marotta Controls, we are committed to a fair, performance-driven compensation approach that promotes consistency across all levels of our organization. We ensure that pay decisions are free from bias, based on objective criteria, and are regularly reviewed.

Your level and base salary will be determined on a case-by-case basis and may vary based on the following considerations: job-related knowledge and skills, internal consistency, and experience.

Additionally, we offer a highly competitive compensation package for this opportunity, including incentive compensation and a comprehensive suite of premium benefits. These include medical, prescription, dental, vision, life, and disability insurance, a 401(k) plan with company match, tuition assistance, paid vacation, sick and personal days, paid holidays, and flexible scheduling options such as compressed workweeks. We value and reward employee achievements and host multiple engagement events each quarter to foster a strong, supportive workplace culture.

Job Tags

Holiday work, Contract work, Local area, Flexible hours,

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