Vice President Finance

Riggins Company; Hampton (VA); On-site; USD 180,000 - 300,000; Full time

Job summary

Riggins Company in Hampton, VA is hiring its first Vice President of Finance to own the finance function and partner with the CEO and ELT. You will drive processes, systems, and a growing finance team on-site in Hampton, near the shipyard.

You will report to the CEO and Board, support major acquisitions, and ensure robust FP&A, audit readiness, and clear dashboards for leadership. This role matters to national defense programs and corporate growth.

Qualifications

• Hands-on ownership of percentage-of-completion accounting for fixed-price contracts.
• Experience closing the books and performing cleanup work.
• Experience reporting to sponsor, Board, and lenders.

Responsibilities

• Own the estimate-at-completion process end to end.
• Establish ASC 606 revenue recognition for construction-type contracts.
• Report bid-to-actual margin by job and work center; root-cause variance analysis.
• Deliver monthly, quarterly, and annual reporting to lenders and the Board.
• Lead the Company through its first external audit; build month-end close standards.
• Drive contract-level and enterprise-level planning and analysis; build KPIs and dashboards.
• Lead financial due diligence on acquisition targets; own post-close integration.
• Own banking relationships, revolver management, and 13-week cash forecast.
• Manage working capital focusing on billing cadence and receivables.
• Select and implement a job-cost ERP; build a capable finance team.

Skills

POC accounting ownership

ASC 606 knowledge

PE-backed reporting

M&A diligence

Audit readiness

On-site leader

Education

CPA

Tools

Job-cost ERP

Job description

Help build the finance function of a company that builds America's submarines and aircraft carriers.

Riggins Company is a certified naval nuclear fabricator serving the two prime contractors behind America's submarine and aircraft carrier fleets: HII–Newport News Shipbuilding and General Dynamics Electric Boat. From our facilities in Hampton, Virginia, next to the Newport News shipyard, we fabricate nuclear weldments, structural assemblies, and related components for the Columbia-class, Virginia-class, and carrier programs.

We're now hiring our first Vice President of Finance to own the finance function, partner with the CEO and Executive Leadership Team, and help position the business for its next stage of growth.

Why This Role

• You'll build the function with a focus on the processes, the systems, and the team.


• The business is growing fast and has an active acquisition pipeline.


• You'll work directly with the CEO, the Board, and a PE sponsor that invests in its people.


• The mission matters. Our work goes into the U.S. Navy's nuclear fleet.

What You'll Do

Project Accounting & Revenue Recognition

• Own the estimate-at-completion process end to end, including monthly cost-to-complete reviews with project managers


• Establish written ASC 606 revenue recognition policy for construction-type contracts


• Report bid-to-actual margin by job and work center, and find the root causes of variance

Reporting, Controls & Audit

• Deliver timely monthly, quarterly, and annual reporting to lenders and the Board


• Lead the Company through its first external audit


• Build a disciplined month-end close, reconciliation standards, and delegation of authority

FP&A

• Drive contract-level and enterprise-level planning and analysis


• Build the KPIs and dashboards the leadership team uses to make decisions


• Serve as a true thought partner to the CEO and ELT

Mergers & Acquisitions

• Lead financial diligence on acquisition targets


• Own purchase accounting, opening balance sheets, and post-close integration

Cash & Treasury

• Own the banking relationship, revolver management, and a 13-week cash forecast


• Manage working capital, with a focus on billing cadence and receivables

Systems & Team

• Play a key role in selecting and implementing a job-cost ERP


• Develop the existing controller and build a small but capable finance team

What You Bring

• Hands‑on ownership of percentage‑of‑completion accounting at a fixed‑price contractor, fabricator, or engineered‑products manufacturer. You've personally run the estimate‑at‑completion process, not just reviewed its output.


• Real controller depth, including a willingness to close the books and do cleanup work yourself


• PE‑backed company experience, including sponsor and Board reporting and life under a credit facility with covenants


• Hands‑on M&A experience: diligence, purchase accounting, and integration


• Experience leading a company through a first audit or audit readiness


• A collaborative, people‑first leadership style


• Willingness to work on‑site in Hampton and spend time on the shop floor

Strongly Preferred

• Sell‑side or quality‑of‑earnings experience on the company side


• Defense or government supply chain exposure (DFARS, prime flow‑downs, government billing)


• Job‑cost ERP selection and implementation experience


• Partnership tax fluency


• CPA

Who Thrives Here

You're operationally curious and want to know how a weldment actually gets built. You deliver tough news early. You're comfortable rolling up your sleeves. You earn credibility with a long‑tenured workforce. And you're motivated more by building something than by title.