Remote Fractional Senior Controller for Government Contracts

Charles River CFO, Inc.; Boston (MA); Remote; USD 117,000 - 193,000; Part time

Benefits offered by this job

Flexible hours

Remote work

Travel opportunities

Job summary

Charles River CFO, Inc. seeks a Fractional Senior Controller to provide independent financial oversight for government contractor businesses with impaired asset-based loans.

The role focuses on controlling spending, improving cash flow and profitability, and strengthening financial accountability for lender confidence. The ideal candidate has senior controller experience with government contractors, hands-on contract accounting knowledge, and the ability to drive corrective actions in

Qualifications

• Senior-level Controller experience with government contractors.
• Hands-on knowledge of government contract accounting (job costing, labor charging, cost allocation, indirect rates).
• Strong FAR and DCAA knowledge.
• Experience overseeing accounting operations, close, cash management, budgeting, and forecasting.
• Ability to influence spending decisions, implement controls, and improve financial performance.
• Strong analytical and problem-solving skills.

Responsibilities

• Oversee day-to-day accounting operations, including the general ledger, month-end close, reconciliations, and timely financial reporting.
• Oversee government contract and project accounting, including job costing, labor charging, cost allocation, indirect rates, and compliance with FAR and DCAA requirements.
• Evaluate accounting records and reporting processes to identify gaps, improve accuracy, and provide reliable financial information.
• Support audit readiness, government contract audits, incurred cost submissions, and other reporting requirements.
• Work directly with borrower management to assess financial performance, identify inefficiencies, and implement corrective measures.
• Monitor cash flow, working capital, budgets, forecasts, and contract profitability.
• Identify opportunities to reduce expenses, improve liquidity, and strengthen operating performance.
• Establish spending controls, expense authorization procedures, and approval processes.
• Help borrower management prioritize financial obligations and develop actionable plans to support loan repayment.
• Lead weekly calls with the government asset-based lending (ABL) lender.
• Report on cash position, borrowing availability, collateral, financial performance, spending controls, and progress against objectives.
• Communicate emerging risks promptly and recommend corrective actions.
• Strengthen internal controls, financial reporting, and management accountability to improve transparency and lender confidence.
• Track the implementation and results of agreed-upon financial and operational improvements.

Skills

Senior Controller

Government contract accounting

FAR and DCAA knowledge

Cash flow management

Budgeting and forecasting

Communication skills

Independent work

Travel flexibility

Education

CPA preferred

Job description

Charles River CFO, Inc. seeks a Fractional Senior Controller to provide independent financial oversight for government contractor businesses with impaired asset-based loans.

The role focuses on controlling spending, improving cash flow and profitability, and strengthening financial accountability for lender confidence. The ideal candidate has senior controller experience with government contractors, hands-on contract accounting knowledge, and the ability to drive corrective actions in