Bachelor's Degree in Accounting/Finance or related field, with a minimum of 8 years of related experience
Master's Degree in Accounting/Finance or related field, with at least 6 years of related experience
5+ years of experience leading a finance team
Proficient in Microsoft Office (Word, Excel, Outlook)
Excellent written and verbal communication skills for complex financial presentations
Strong leadership and collaboration skills
Experience in defense, aerospace, or government contracting
Responsibilities
Provide financial leadership for the U.S. entity
Develop financial strategies supporting U.S. defense market growth
Partner with executive team to enhance profitability and efficiency
Manage end-to-end financial activities, including treasury and accounting functions
Oversee accounting procedures and financial control
Ensure compliance with U.S. defense contracting regulations
Lead the finance organization and develop high-performing teams
Benefits
Leadership role with significant impact on U.S. financial strategy
Opportunity to work closely with the executive team and German parent company
Engagement in U.S. defense and government contracting sectors
Development of compliance systems adhering to public company governance standards
Potential for career advancement in a multinational environment
Full Job Description
Description
The Vice President of Finance serves as the senior financial leader for a U.S. RENK subsidiary and acts as the primary financial interface with the German parent company. This role is responsible for financial strategy, operational finance leadership, and ensuring alignment with group financial reporting and governance standards.
The VP of Finance supports the U.S. CEO/Managing Director & COO/Managing Director while ensuring transparency, compliance, and financial performance consistent with the expectations of a publicly traded German parent company.
Financial Leadership & Strategy:
Provide overall financial leadership for the U.S. entity.
Develop financial strategy supporting growth in U.S. defense markets.
Partner with the U.S. executive team to drive profitability and operational efficiency.
Align U.S. financial performance with group strategic objectives.
Group Reporting & Consolidation:
Responsible for E2E financial activity in Renk including both the treasury and accounting functions.
Responsible for development of standard accounting, analysis, and reporting procedures, and for exercise of overall financial control Review monthly BPR with RAM department heads.
Oversees Accounts Receivable/ Accounts Payable including processing receivables, ensuring timely and accurate charge entries, preparing deposits, and invoices.
Oversee financial reporting to the German parent company under IFRS.
Ensure timely and accurate submission of financial data for group consolidation.
Manage reconciliation between U.S. operational reporting and group reporting standards.
Serve as the primary liaison between U.S. finance teams and group finance leadership in Germany.
Program & Contract Finance:
Oversee financial performance of U.S. defense programs and government contracts.
Monitor contract profitability, cost performance, and revenue recognition.
Ensure compliance with U.S. government contracting regulations, including cost accounting and program reporting.
Support pricing and cost proposals for new defense contracts.
Reporting & Compliance:
Manage monthly financial close and reporting to the German parent company.
Ensure alignment between U.S. GAAP operational reporting and group-level IFRS consolidation requirements.
Prepare financial packages for group consolidation and executive review.
Coordinate with external auditors and internal audit teams.
Regulatory & Government Compliance:
Ensure compliance with U.S. defense contracting regulations (e.g., FAR/DFARS where applicable).
Ensure procedures and internal controls are Sarbanes-Oxley compliant and in government compliance with DCAA/DCMA.
Support government audits and regulatory reporting requirements.
Maintain strong internal controls consistent with public company governance standards.
Operational Finance:
Partner with operations and supply chain to monitor cost performance and operational efficiency.
Provide financial guidance to program managers and business leaders.
Identify cost reduction and margin improvement opportunities.
Leadership:
Lead the U.S. entity finance organization including accounting, FP&A, compliance, and program finance.
Build strong finance leadership pipelines and develop high-performing teams.
Serve as a strategic advisor to the RENK US entity executive leadership team.
Manage relationships with external stakeholders, including auditors, banks, and regulatory agencies.
Level /Pay for this position will be commensurate with experience and education.
Position Requirements
Bachelors Degree in Accounting/Finance or related field with a minumum of 8 years prior related experience
Masters Degree in Accounting/Finance or related field with a minimum of 6 years prior related experience
5+ years leading a finance team
Proficient in Microsoft Office (Word, Excel, Outlook)
Excellent written and verbal communication skills with the ability to present complex financial information.
Strong leadership, communication, and cross-functional collaboration skills.
Strong financial modeling and analytical capabilities.
Experience in defense, aerospace, government contracting, or manufacturing
Experience working in a multinational environment with reporting to a foreign parent company preferred
CPA - Preferred
Full-Time/Part-Time
Full-Time
Exempt/Non-Exempt
Exempt
About Paychex
Paychex, Inc. is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Paychex is headquartered in Rochester, New York and has more than 100 locations across the United States and Europe.
