Bennett Aerospace

  • Controller

    Job Locations US-NC-Cary
    Posted Date 1 week ago(1 week ago)
    # of Openings
  • Overview

    About Us:


    Bennett Aerospace, Inc. is located in the Research Triangle Park area of North Carolina.  Established in 2008, we are a woman owned, veteran owned, certified 8(a) small business that provides scientific, engineering, and technical advisory services to our customers. Primarily focused on Federal Government clients in general, and the Department of Defense in particular, Bennett Aerospace provides expert guidance and advice on the full spectrum of R&D and its applications in engineering, science, medicine, and IT, as well as providing strategic programmatic support in order to meet customer goals and objectives.  Bennett Aerospace is a rapidly growing business focused on hiring and retaining the best people.


    Job Description:

    Bennett AerospaceInc. is seeking a full time Controller for an extraordinary opportunity for an experienced leader in accounting, audit, gathering, evaluating, presenting, and reporting financial information to executive teams and external stakeholders.  Experience working in a Defense Contractor environment is a must.

    To learn more about us, please visit us at:


    Core duties and responsibilities include the following.  Other duties may be assigned:

    • Communicate financial results to executive leadership accurately and timely.

    • Maintain internal control and safeguards for receipt of revenue, costs, and actual expenditures.

    • Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of financial status.

    • Manage Indirect Costs and makes recommendations for personal and organizational behavior modification in order to maximize profitability and cash flow.

    • Approval of A/P on a weekly basis, through disbursement.

    • Review of monthly bank reconciliations.

    • Sets policies and procedures to ensure the company complies with all state and federal laws and regulations including DCAA, and IRS. Ensure that policies and procedures maintain compliance with FAR cost regulations in accordance with GAAP.

    • Works with the outside accountant to ensure preparation of Federal and State Taxes are prepared and submitted.

    • Provides oversight of Overhead (OH), General Administrative, (G&A), and Fringe rates.

    • Manage the Bank line of credit covenants for compliance.

    • Ensures internal staff and external consultants provide audits and results of audits and reviews in the timeliest and efficient manner possible.

    • Manage company’s risk and mitigate risks by managing the company’s insurance program.

    • Responsible for successful completion of all audits (DCAA, Bank, Financial, and Insurance) through supervision and enforcement of Policies and Procedures.

    • Responsible to ensure accounting personnel have up-to-date departmental policies, procedures, and adequate internal controls.

    • Monitor indirect expenses and indirect rates monthly.

    • Complete the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.

    • Manage cash flow forecasting on a weekly basis.

    • Monitor policies and procedures to ensure the company complies with all state and federal laws and regulations including DCAA and IRS. Ensure that policies and procedures maintain compliance with FAR cost regulations in accordance with GAAP.

    • Act as liaison with auditors, bankers, and insurance professionals.

    • Leverage strengths of the current finance team members, and help to clarify roles and responsibilities.

    • Provide leadership in internal communications with all levels throughout the organization; create and promote a positive and supportive work environment.


    Job Requirements


    Required Expertise, Experience, and Skills:

    • Minimum of a Bachelor’s degree; CPA preferred.

    • Seven to ten years of accounting and finance experience with a Federal Government contractor.

    • Solid experience coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.

    • Working knowledge of FAR regulations and requirements.

    • Keen analytic, organization and problem solving skills which allows for strategic data interpretation versus simple reporting.

    • Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board, or other outside partners.

    • Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers.

    Job Knowledge, Skills, and Abilities:

    • Experience achieving development goals and financial objectives.

    • Experience with project accounting for government contracts.

    • Knowledge and expertise with Deltek Accounting System.

    • Operating experience with DCAA/DCMA auditors in a Defense Contractor environment.

     Security Requirements:

    • Must be a US Citizen with the ability to obtain a US Government security clearance if required


    • Competitive market-based salary, commensurate with experience and education

    • Comprehensive benefits package available


    We are an Equal Opportunity Employer/ Veteran/ Disabled


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