Controller

Controller with Strong GovCon and Financial Analysis Background

Job Description

Overview:

DiSTI Corporation, a private equity-backed leader in 3D virtual training solutions and graphical user interface software, is seeking a strong financial leader.

About DiSTI Corporation: 

Since its founding in 1994, DiSTI Corporation has been at the forefront of software innovation, pioneering virtual maintenance training and Human Machine Interface (HMI) software solutions. Headquartered in Orlando, Florida, DiSTI is recognized as the world’s leading provider of turn-key and customized HMI software and 3D virtual maintenance training solutions.

The majority of DiSTI's work supports U.S. and ally defense and government programs, delivered under a mix of firm-fixed-price, time-and-materials, and cost-plus contracts for customers including the U.S. military and prime contractors such as Boeing and Lockheed Martin. Complementing this is a commercial software line, led by our flagship product GL Studio, which delivers high-performance 3D user interfaces across Embedded Target Systems, Desktop, Mobile, Virtual Reality, and Augmented Reality environments to aerospace, automotive, medical, and industrial customers, including global leaders such as Jaguar Land Rover and Hyundai MOBIS.

Our commitment to quality is reinforced by our ISO 9001:2015 certification, and we are proud to provide solutions that empower clients to meet demanding delivery deadlines, budget constraints, and stringent application requirements without compromising on quality or performance.

Position:

Controller, DiSTI Corporation (Orlando, FL).

Reporting:

This position reports to the Chief Executive Officer and has dotted line, direct access to and from the Board of Directors.

Responsibilities:

The primary priority for the Controller / VP of Finance will be to immediately assume the senior finance responsibilities and to maintain and grow the Company’s (i) finance organization and (ii) business processes and infrastructure capable of supporting the Company’s continued growth expectations. This includes direct responsibility for accounting, finance, tax, treasury, HR, benefits, insurance and payroll. Moreover, the Controller / VP of Finance is expected to:

1. Support the CEO, Board and senior management in achieving strategic and financial goals; proactively identify and implement required systems and processes to support rapid business growth without introducing undue bureaucracy;
2. Continue to conform all current and future DiSTI accounting and financial practices to Generally Accepted Accounting Principles (GAAP);
3. Own the Company’s government-contracting accounting infrastructure, including indirect and provisional billing-rate development and monitoring, the annual incurred-cost submission, and segregation of unallowable costs; serve as the primary finance liaison for DCAA and DCMA audits;
4. Reinforce a metrics-based culture, transparency and business clarity across all functions within the Company; benchmark operational and financial systems “best practices”; and develop and implement appropriate systems and procedures;
5. Ensure the appropriate operational, business performance and sales measures are in place to capture and analyze financial information on the operations of the Company, and generate relevant reports to all levels of Company management;
6. Coach senior and middle managers in driving financial discipline and in optimizing the positive aspects of the Company’s current systems and culture while pursuing upgrades in key areas of financial management and reporting; 
7. Allocate capital and resources efficiently, and set a cultural tone which infuses/re-enforces an accountability and ownership mentality into the DNA of all employees, vendors and other relevant constituents;
8. Prepare Board packages and present period financial performance to the Board of Directors;
9. Provide the structure, processes and standards for first-class financial/information systems across the Company, including as related to the integration of acquisitions and the financial interactions with current and future partners;
10. Assure a pro-active integrated, disciplined, and “no surprises” approach to running the business;
11. Manage banking relationships, working to enhance the Company’s visibility and credibility;
12. Assist in corporate development activities including structuring customer and distribution relationships, preparing pricing and business model proposals (royalty rates, subscription vs purchase and maintenance models, etc), and acquisitions / divestitures;
13. Manage the availability of funds to meet the Company’s operating requirements; establish rapport with the Company’s customers to facilitate effective credit management;
14. Manage and communicate capital and liquidity requirements/ implications of business decisions to senior management, functional executives and private equity sponsors; develop liquidity analyses and cash flow projections;
15. Build teamwork across the business; interact effectively with other parts of the Company; become a trusted thought partner for objective business guidance with the leadership team; 
16. Coordinate and manage the financial, inventory and tax audit annually, working with the auditors to ensure that financials are GAAP compliant.

 Ideal Experience: 

With at least 10 years of financial experience, the successful candidate will ideally have experience in a private equity-backed company and understand the dynamics of value creation this connotes. 

1. Government-contract accounting across a mixed contract base including firm-fixed-price, time-and-materials, and cost-plus.
2. DCAA compliance; familiarity with FAR/CAS, incurred-cost, and indirect-rate/cost-pool structures.
3. Experience with Deltek Costpoint (the company's ERP) and PowerBI (the company’s dashboard/reporting system).
4. Premium on those who have consolidated and optimized financial analysis and operational performance during a period of rapid expansion;

1. Hands-on experience in all areas of financial operations including financial planning and analysis, treasury and banking, systems and processes;
2. Must have strong leadership and people management skills, and be able to point to his/her development of strong teams and individual performers historically;

1. A command of and comfort with technology and information systems - has the proven ability to manage an information-driven business as it scales;
2. Must be data-driven and intellectually curious;
3. Excellent communicator with experience conveying complex issues to broad audience of varying skill sets; 
4. Will have experience working within a culture of thoughtful and passionate executives and employees; 

1. BS in Accounting or Finance; CPA, MBA preferred;
2. Experience integrating financial systems with CRM systems.

Ideal Personal Characteristics:

In addition to having a proven track record of financial, strategic and operational accomplishments from relevant markets, the successful candidate will exhibit:

• Outstanding Leadership and Team Building. An executive with superior inspirational qualities who creates an atmosphere in which people work together enthusiastically and co-operatively to produce outstanding results; one who attracts top talent from outside the organization while developing strong teams within. He/she must be an "influencer" who can rally people around a common vision; a natural leader;
• “Equity” Mindset. The successful candidate will have a proven ability to pursue his/her objectives passionately with an ownership mentality and with a focus on the overall success of the Company and increasing shareholder value;
• Maturity and Independence. Someone who speaks with authority and leads rather than follows while always embracing the spirit of teamwork and the importance of consensus building; A thoroughly honest and forthright individual who is up-front and direct with subordinates, peers, and the Board;
• A Focus on Execution. A player/manager and self-starter with a bias for action; someone who advances their team and the company agenda while working in concert with other groups.
• Nimble in the Face of Ambiguity and Adversity. Grounded realist who naturally adjusts to changing internal/external dynamics, priorities and challenges; decisive; optimist/”can-do” attitude.

Compensation:

Highly attractive compensation package that includes a competitive annual base salary, a performance-based incentive bonus commensurate with experience, and significant equity potential which will scale in proportion to the value implied by the successful candidate.

Benefits:

Offers competitive benefits to include paid holidays and vacations, comprehensive healthcare.