Chief Financial Officer (Aerospace & Defense)

Monarch Space Systems, Inc.; Cleveland (OH); Hybrid; USD 185,000 - 300,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k) with employer match

Paid time off and holidays

Professional development support

Downtown Cleveland parking or transit

Equity participation eligibility

Job summary

Monarch Space Systems, Inc. in Cleveland, OH is seeking a strategic Chief Financial Officer to lead financial architecture for aerospace and defense programs. This on-site role emphasizes DCAA/CAS and FAR/DFARS compliance, capital strategy, and investor relations.

The CFO will report to the Founder & CEO, guide budgeting, forecasting, and audits, oversee treasury, EVMS, and export controls, and build a scalable finance organization with equity participation opportunities.

Qualifications

• Master's degree in Finance, Accounting, or related field; CPA or CFA strongly preferred.
• 15+ years of progressive finance leadership with 5+ years as CFO or VP Finance
• Deep knowledge of federal government contracting financial requirements including FAR, DFARS, and CAS
• Experience establishing or managing DCAA-compliant accounting systems in aerospace/defense
• U.S. citizenship required; ability to obtain security clearance eligibility as required
• Experience with board-level financial reporting and investor relations is a plus

Responsibilities

• Develop and execute financial strategy aligned with growth, capital deployment, and federal contracting objectives.
• Establish and maintain DCAA-compliant accounting systems, CAS, and FAR/DFARS-aligned controls.
• Oversee budgeting, forecasting, long-range capital modeling, and treasury strategy.
• Lead financial reporting, audits, and government oversight, including DCAA audits.
• Coordinate EVMS and contract financial performance for aerospace/space systems programs.
• Manage export controls financial compliance (ITAR/EAR) and cost segregation.
• Drive finance team development and scalable infrastructure; support M&A evaluations.

Skills

Leadership experience

Government contracting knowledge

FAR/DFARS knowledge

Budgeting & forecasting

EVMS experience

Investor relations

Education

Master's degree in Finance, Accounting, or Business Administration

CPA or CFA preferred

Tools

ERP systems

DCAA-compliant accounting experience

EVMS process familiarity

Job description

# Chief Financial Officer (Aerospace & Defense)Cleveland, OH (Onsite Strongly Preferred)Full-TimePhased hiring based on investment timing and/or contract awardExecutive Leadership$185,000–$300,000 base + performance incentive | Equity participation eligible## About the RoleMonarch Space Systems seeks a Chief Financial Officer to serve as the chief financial architect of an aerospace engineering services and advanced propulsion research organization. The CFO will provide strategic financial leadership for government programs, ensure rigorous compliance with federal contracting requirements, and establish the financial infrastructure required for institutional maturity in the aerospace and defense sector. This is a board-level visibility role with equity participation eligibility and a direct reporting line to the Founder & CEO. Primary location is Cleveland, Ohio.## Responsibilities* Develop and execute financial strategy aligned with institutional growth, capital deployment, and federal contracting objectives for aerospace and defense programs* Establish and maintain DCAA-compliant accounting systems, cost accounting standards (CAS), and FAR/DFARS-aligned financial controls* Oversee financial planning, budgeting, forecasting, and long-range capital modeling for mission-critical programs* Lead all financial reporting, audit readiness, and government oversight engagements including DCAA audits* Manage treasury, cash flow, and working capital strategies appropriate to a government contractor environment* Support board-level financial reporting and investor relations as the institution scales* Oversee export compliance financial controls and ITAR/EAR cost segregation requirements* Lead finance team hiring, development, and departmental build-out* Partner with the COO on earned value management systems (EVMS) and contract financial performance across space systems programs* Provide financial analysis and modeling to support strategic partnership, teaming, and acquisition evaluations## Requirements* Master's degree in Finance, Accounting, Business Administration, or related field; CPA or CFA strongly preferred* 15+ years of progressive finance leadership with 5+ years as CFO or VP Finance* Deep knowledge of federal government contracting financial requirements including FAR, DFARS, DCAA, and CAS* Experience establishing or managing DCAA-compliant accounting systems in an aerospace or defense environment* Demonstrated ability to lead financial operations in a scaling institutional environment supporting government programs* U.S. citizenship required; ability to obtain or maintain security clearance eligibility as required## Preferred Qualifications* Experience in aerospace, defense, or advanced technology government contracting* Track record supporting institutional capital raises, strategic partnerships, or M&A transactions* Familiarity with CMMC cybersecurity cost implications and export compliance financial controls* Experience with board-level financial reporting and investor relations* Knowledge of EVMS (ANSI-748) and program financial controls for aerospace systemsThis position may require eligibility to access controlled or proprietary information and may be subject to confidentiality and employment agreements, including an NDA and role-specific restrictive covenants, in accordance with applicable laws.## Benefits* Comprehensive health, dental, and vision insurance* 401(k) retirement plan with employer match* Paid time off, federal holidays, and personal leave* Professional development and continuing education support* Downtown Cleveland parking or transit subsidy* Collaborative, mission-driven institutional culture* Executive compensation package including performance incentive and potential equity participation (board approval required)* Board-level visibility and strategic leadership authority