Job #1882: Controller - VA (7/10/2023)

Luna Labs is a technology resource for aerospace, energy, automotive, health sciences, first responders, telecommunications, and defense. Our scientists and engineers generate solutions that save time, save money, and save lives.

We partner with universities, government labs, and the best companies in the world to explore technological feasibility of new ideas, align technologies with customer needs, and generate solutions.

Working with a robust global network of manufacturers, suppliers, licensees, and distributors, Luna Labs develops everything from small-scale prototypes to market-ready products.

Luna Labs has a 30 year history of government contract performance, technology development and product commercialization. Carved out of Luna Innovations Incorporated (NASDAQ: LUNA) in March 2022, Luna Labs USA, LLC leverages third party contract research to de-risk early technology development and prototyping. The Controller will have the unique opportunity to step into a high performing, fast-paced organization with the opportunity to help drive strategic processes and direction of a company in a “start-up” environment.

• Complete the implementation of Deltek Costpoint – assess current state of Phase I implementation, develop and implement roadmap to completion of Phase I and Phase II.
• Improve financial forecasting, reporting and program visibility, while assuming ownership of the forecasting and budgeting process.
• Improve contract accounting processes and reporting (revenues, expenses, unbilled receivables, deferred revenue, sub-contractor accruals, percentage completion analyses).
• Improve internal management, investor and Board reporting packages and processes.
• Implement/improve finance and accounting processes, policies and procedures – accelerate, refine and document the close process and train staff.

• Manage all finance and accounting functions, including: accounts payable, payroll, accounts receivable, general ledger, tax, treasury and cash management, government compliance, budgeting and forecasting.
• Manage monthly, quarterly and annual close, financial reporting and audit processes.
• Maintain accurate and organized accounting records and analyses that are easily understandable and readily auditable.
•  Establish and maintain processes, including financial and tax strategies, that improve efficiency and reduce costs.
• Lead the initiation, review, and approval of annual budgets and forecasts.
• Responsible for ERP implementation and maintenance.
• Responsible for all DCAA/indirect rate related matters, including: analyzing and optimizing the company’s indirect rate strategy, forward pricing submissions, incurred cost submissions and audits.
• Research technical matters to develop accurate accounting and disclosures.
• Maintain relationships with external auditors and banks.
• Improve and maintain a 13 Week Cash Flow Forecast.
• Partner with management on the improvement and development of reporting packages to facilitate and enhance operations.
• Maintain accuracy of monthly revenue recognition and related contract and product accounting.
• Ad hoc tasks as requested by the executive management team, private equity investors and Board of Directors.

Bachelor’s degree or higher-level degree from four-year college or university in accounting, business, or a relating degree. Certified Public Accountant license required. US citizenship is required.

• 10+ years’ experience in public accounting and/or industry with government contracting focus.
• Preferred: Minimum 2-5 years public accounting with 5-10 years private industry experience.
• Experience with Deltek ERP systems implementation and operation required (Costpoint)
• Intimate knowledge of government contract accounting, including for fixed price and cost-plus fixed fee contracts.
• Excellent understanding of Accounting Principles (GAAP) and government contracting regulations (FAR/DCAA/DFARS).
• Contract research and product sales experience is preferred.
• Experience with private equity backed companies preferred.

Leader: Leads and organizes people to achieve goals by providing clear directions and adapting one's leadership style as needed; serves as a role model for others by exemplifying the highest standards for professionalism, integrity, ethics, and honesty.

• Provides clear directions, prioritizes work efforts, and organizes people to achieve specific goals.
• Adapts leadership style to meet the needs of the situation.
• Develops credibility and trust by being fully transparent, open, and honest; keeps commitments.
• Takes personal ownership and models high levels of integrity and ethical conduct.

Achiever: Gets things done by setting clear expectations, promoting high levels of accountability, monitoring performance, and getting directly involved when needed to achieve desired business results; uses business/ financial acumen to create value and drive profitability.

• Establishes clear expectations and monitors performance; holds self and others accountable for results.
• Displays a sense of urgency and drives others to get things done in a timely and efficient manner.
• Gets down into the details and trenches; makes sure what needs to be done is done.
• Knows what it takes to be successful; applies business/financial acumen to enhance performance.

Developer: Attracts, hires, and retains top talent; continually elevates performance by leveraging constructive feedback, accurate assessment of individual capabilities, coaching, and development opportunities to improve self and others.

• Holds self and others accountable for acquiring, developing, upgrading, and retaining talent.
• Provides feedback and coaching to help others leverage strengths and improve capabilities.
• Accurately assesses one's own strengths and weaknesses as well as those of others.
• Takes an active interest and role in developing leaders to take on greater responsibility.
• Visibly models the importance of continuous learning and a personal desire to evolve, learn and grow.

• Highest ethical standards and strong work ethic.
• Strategic thinker – ability to understand/translate the big picture, implement quickly at a tactical level and hold his or her own in the company of thought-leaders.
• Takes ownership for/delivers company results (i.e., performance to "full potential", at or above expectations). Mobilizes resources across organizations around a clear vision/path to delivery.
• Organized and effective communicator - prepares logical analyses and presents hypotheses and findings focused on the “so what”. Tailors delivery to the audience. Equally comfortable communicating in a board room and a laboratory.
• Works proactively, collaboratively and decisively to meet deadlines and achieve desired results.
• Exhibits a positive attitude and a calm demeanor under pressure.
• Extremely detail orientated with strong analytical skills.
• Advanced proficiency using Microsoft Office required.