Chief Financial Officer

Innovative Solutions & Support (Nasdaq: ISSC) is a leading systems integrator that designs and manufactures cost effective NextGen flight navigation systems and precision flight instrumentation equipment for the aerospace industry. IS&S transforms leading edge technologies into sophisticated, cost effective solutions for the Commercial Air Transport, Military, and Business Aviation Markets. Advanced functionality, enhanced situational awareness, reduced pilot workload, and improved safety are just some of the benefits found in our innovative solutions. The world’s most respected aircraft builders, owners and operators rely on our leading-edge avionics technology, superior craftsmanship, and stringent quality standards to significantly enhance reliability, performance and provide superior value.

IS&S is a diversified international supplier with a product suite that includes: Integrated NextGen Avionics Suites, Flight Management Systems, Flat Panel Primary and Flight Navigational Displays, Autothrottles, Engine Instrument Displays, Mission Displays, Integrated Standby Units, advanced Global Positioning Systems (GPS), RNP Navigator and Precision Air Data Instruments.

IS&S product categories include:

Integrated Flat Panel Display Systems

Thrust Sense® Autothrottle

Flight Management Systems

Engine and Fuel Displays

Reduced Vertical Separation Minimum (RVSM) Systems and Air Data Products

IS&S has recently experienced substantial growth with the adoption of its innovative Thrust Sense Autothrottle by Textron as standard equipment in new production King Air aircraft. In addition, the growth in conversions of existing aircraft for freight usage has created expanding opportunities for cockpit upgrades. The Company also believes that there are significant opportunities for business expansion in the military market.

The Chief Financial Officer (CFO) will serve as a critical member of the leadership team, offering guidance during this period of transition to the Chief Executive Officer and Board of Directors.

The CFO will provide overall strategic and operational direction to the company’s finance and accounting functions. The CFO will have responsibility for M&A, banking relationships, SEC reporting, and be a central strategic contributor. This executive will also provide leadership and vision to the senior management team, building on IS&S’s culture of mission and performance.

The CFO will be responsible for:

• Developing and overseeing IS&S’s financial policies, procedures, and programs to ensure the accuracy and integrity of the company’s financial statements, financial reports, and public reporting.
• Ensuring compliance with regulatory requirements related to financial information, reporting, disclosure, and internal control over financial reporting. In addition, the CFO will interact with the company’s outside auditors, the SEC, and other regulatory boards.
• Partnering with the CEO, the Board of Directors, and key leaders on acquisitions, including due diligence, metrics, and integration of target companies.
• Managing the Investor Relations function to ensure positive relations with institutional investors, individual shareholders, and buy- and sell-side analysts; ensuring investors understand the actual value proposition for owning IS&S shares.
• Providing leadership to the finance department, including employee engagement, performance management, learning and development, and succession planning.
• Analyzing and managing cash flow, cost controls, investments, and expenditures to establish and maintain appropriate controls and fiscal discipline.
• Partnering with the CEO and Board of Directors to promote ethical and responsible decision making, appropriate management, and best practices in corporate governance.

The requirements for the CFO have been identified as:

• Experience as a CFO or SVP Finance/Corporate Controller in a publicly-traded company with similar characteristics, including manufacturing.
• 10+ years of progressive business experience with demonstrated success in finance and accounting.
• Prior financial leadership experience in technology and manufacturing based companies is highly desirable.
• Thorough knowledge of US GAAP and public company reporting requirements.
• Prior experience in Investor Relations.
• Excellent oral and written communication style.
• Both strategic and “hands on.”
• Personal attributes: unquestionable honesty and integrity, strategic thinker, collaborative, solutions oriented, and comfortable providing a point of view.

The required education for the CFO is:

• Bachelor of Science degree required.
• MBA and/or CPA preferred.