Vice President of Finance

Hanwha Defense USA, Inc.; Arlington (VA); On-site; USD 280,000 - 420,000; Full time

Benefits offered by this job

Discretionary bonuses

Total rewards package

Job summary

Hanwha Defense USA seeks a seasoned Vice President of Finance to lead enterprise budgeting, FP&A, and program finance across multi‑billion dollar shipbuilding programs in the U.S. Navy portfolio.

This executive will own financial strategy, long‑range planning, capital allocation, and performance management across complex contracts and regulated environments. The ideal candidate brings deep shipbuilding finance expertise, experience with FAR/DFARS, CAS, and audits, and a track record of

Qualifications

• Extensive FP&A leadership for shipbuilding/defense programs.
• Deep knowledge of FAR/DFARS, CAS, DCAA/DCMA audits.
• Experience with EVMS, EAC development and program margin.
• Proven ability to translate complex financials for executives.

Responsibilities

• Own enterprise budgeting cycle: AOP, long-range plan, forecasts, quarterly outlooks.
• Direct FP&A for shipbuilding programs: consolidations, variance analysis, reporting.
• Oversee program finance and EVMS integration to ensure contract integrity.
• Optimize costs: labor/overhead rates, make/buy decisions, capacity planning.
• Establish cash management strategies for WIP, milestones, and liquidity.
• Ensure FAR/DFARS, CAS, DCAA audit readiness and internal controls.
• Collaborate with Contracts on pricing, BOE, and negotiations (FFP/CPFF/ID/IQ).
• Lead CAPEX planning: ROI/NPV, capacity expansion, tooling, transformation.
• Build executive dashboards for margin, cash, risk, backlog burn, forecast accuracy.
• Provide senior‑level decision support and recovery plans for distressed programs.
• Interface with external stakeholders; prepare board materials.

Skills

FP&A leadership

EVMS integration

Budgeting

Financial modeling

Executive communication

Security clearance

GAAP & SOX

Cost/price analysis

Education

Bachelor's degree in Finance/Accounting/Business/Engineering

MBA or Master’s in Finance

Tools

ERP/MRP systems

BI tools

Job description

About the Role

We are seeking an experienced Vice President of Finance to lead enterprise budgeting, financial planning & analysis (FP&A), and program finance across complex U.S. naval shipbuilding portfolios. This executive role owns the financial strategy, long‑range planning, operating budgets, capital allocation, and performance management framework that underpins multi‑billion‑dollar vessel design, construction, and sustainment programs. The ideal candidate brings deep shipbuilding finance expertise, mastery of defense/regulated environments (FAR/DFARS, CAS, DCAA/DCAA audits), and a track record of driving profitability, cash conversion, and disciplined, data‑driven decision making.

Key Responsibilities

• Lead the enterprise budgeting cycle, including Annual Operating Plan (AOP), Long‑Range Plan, forecasts, and quarterly outlooks; set targets and financial guardrails aligned to program baselines and corporate strategy.
• Direct FP&A for all shipbuilding programs—consolidations, variance analysis, management reporting, scenario modeling, and investment prioritization.
• Oversee program finance and EVM/EVMS integration (EAC/ETC, cost/schedule variance, material variance, risk/opportunity logs) to ensure financial integrity of major contracts.
• Drive cost structure optimization—labor/overhead rates, make/buy decisions, capacity planning, productivity initiatives, and should‑cost/parametric models.
• Establish cash management strategies for WIP, progress payments, inventory turns, milestone billing, and working capital performance; partner with Treasury on liquidity planning.
• Govern compliance with FAR/DFARS, CAS, DCAA/DCAA audit readiness, indirect rate management, and financial controls (SOX/internal audit) across the enterprise.
• Partner with Contracts/Subcontracts on pricing and proposals, BOE development, cost/price analysis, and negotiation strategies for FFP, CPFF/CPAF, T&M, and IDIQ vehicles.
• Lead capital planning (CAPEX) for shipyard and industrial base investments—ROI/NPV analysis, capacity expansion, tooling, digital transformation, and productivity programs.
• Build a robust executive dashboard/scorecard suite—program margin, cash, risk, backlog burn, indirect rate performance, supply chain material exposure, and forecast accuracy.
• Provide executive decision support for portfolio trade‑offs, cost control, risk mitigation, and recovery plans for distressed programs or suppliers.
• Interface with external stakeholders and prepare board‑level materials and program review packages.
• Foster a culture of accountability and continuous improvement.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Engineering, or related field; MBA or Master’s in Finance strongly preferred.
• 15+ years of progressive finance leadership experience, including shipbuilding orcomplex defense manufacturing and FP&A ownership at scale.
• Demonstrated success leading enterprise budgeting/forecasting, financial modeling, and portfolio planning for multi‑year, high‑value contracts.
• Deep knowledge of FAR/DFARS, CAS, indirect rate structures, government audits (DCAA/DCMA), and compliance in regulated environments.
• Hands‑on experience with EVMS, EAC development, program margin management, and recovery plans for cost/schedule variances.
• Strong command of GAAP, financial controls (SOX), and integration with ERP/MRP systems and BI tools.
• Proven executive communication skills—able to translate complex financials into clear, actionable insights for C‑suite and program leadership.
• Must be able to obtain and maintain a DoD security clearance (Secret or higher).

Preferred Qualifications

• CPA, CFA, CGMA, or DAWIA/NCMA certifications (e.g., CPCM) a plus.
• Experience with NAVSEA, PEO Ships/PEO USC/PEO IWS program environments and prime or shipyard finance.
• Background in cost/price analysis, should‑cost modeling, parametric estimating, and complex proposal/BOE development.
• Familiarity with DPAS rated orders, Buy American/Berry Amendment, export controls (ITAR/EAR), cybersecurity cost impacts, and data rights considerations.
• Experience leading digital finance transformations—driver‑based planning, advanced analytics, predictive forecasting, and finance automation.

Key Competencies

• Strategic FP&A and portfolio stewardship
• Program finance & EVMS integration
• Cost structure optimization & cash management
• Government compliance & audit readiness
• Executive influence & stakeholder management
• Data‑driven decision making & communication
• Team leadership & talent development

Hanwha Defense USA is committed to pay transparency and equitable compensation practices. The salary range listed for this position represents a good faith estimate of the base pay we reasonably expect to offer for the position at the time of posting. Please note that the salary listed is a general guideline only. Actual compensation may vary based on relevant skills/experience, education and certifications, market and business considerations, and internal pay equity. In addition to base salary, employees may be eligible for discretionary annual bonuses, benefits, and other forms of compensation as part of Hanwha Defense USA's total rewards package.

We are an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, national origin, age, sex, gender identity or expression, sexual orientation, disability, veteran status, or any other protected characteristic.