Rodney D. Crowe
Ashburn
Summary
Accomplished financial executive with over 15 years in senior finance and accounting roles within government contracting. Expertise includes strategic leadership in finance, capital management, and compliance, with a focus on aligning financial objectives with corporate goals. Knowledgeable in GAAP, DCAA audits, FAR, and Cost Accounting Standards (CAS). Holds a Top Secret Clearance and excels in analyzing financial trends and communicating complex data.
Overview
37
37
years of professional experience
Work History
VP Finance
DRS Technologies, Technical Services
01.2006 - Current
- Oversaw Business Operations for three Lines of Businesses (LOB) generating over $700M+ in annual revenues.
- Designed Monthly Operations Review presentations to improve visibility into the LOB’s key performance indicators and provide better information to LOB Management and Executives. Resulted in 2010 being the most profitable year in the history of the Segment with a 10% increase in gross margin % on sales.
- Improved reporting and prioritized overhead management by LOBs, reducing budget variance from 14% in 2009 to under 5% in 2010 across eight overhead pools.
- Led re-staffing of finance personnel to enhance financial management support for VP/GM and program staff in two LOBs, hiring two Finance Directors to strengthen finance support organization, increasing program EACs from ~30% to 95% and enhancing EAC and forecasting accuracy.
VP Contracts & Finance
Spacelink International, LLC
01.2004 - 01.2006
- Managed contracts and finance & accounting departments for ~$100m company, overseeing proposal management, contracts and subcontracts, cash management, financial reporting, budgeting, forecasting, revenue recognition, general ledger accounting, receivables, and audits, including DCAA.
- Negotiated closure on a $45m FP contract with $3m in outstanding AR - realizing an additional $300k of billings, revenue and profit on the contract.
- Developed contracts and finance team to support business, implementing processes for billing, EACs, financial reporting, budgeting, forecasting, and forward pricing proposals.
- Led team in preparing Spacelink, a family-owned business, for due diligence and ultimately through an acquisition by Engineered Support Systems Inc. (ESSI) for over $150m.
- Supported ESSI in acquisition by DRS one year later for $2B.
Sr. Business Manager
Computer Sciences Corporation (CSC)
01.2003 - 01.2004
- Key Cost/Pricing Lead for $200 million winning TSA proposal.
- Managed business operations for Managed Services (Seat Management) Division, overseeing budgeting, forecasting, pricing, risk management, project control, subcontracts, new business capture, and customer care.
- Negotiated and established subcontract, securing current SOW and future business, surpassing company budget and forecast goals.
- Resolved and invoiced for over $500k of unbilled revenue on HUD contract. Assisted in negotiating technical refresh of computing equipment on HUD resulting in $500k profitability increase.
- Successfully closed out FHWA contract within customer funded ceiling, while meeting company budget for the year.
- Supervised three employees in financial and business operations for HUD, FHWA, and TSA accounts.
- (CSC Acquired DynCorp)
Sr. Business Manager
DynCorp Systems & Solutions
01.1994 - 01.2003
- Oversaw key financial functions for multiple large fixed price outsourcing contracts, ensuring compliance and financial accuracy.
- Supervised seven direct reports and six indirect reports over four contracts with USPS ($58m/yr) and DOJ ($53m/yr).
- Directed all business operations, including proposals, purchasing, leasing, risk mitigation, project setup, revenue management, profit/loss analysis, forecasting, budgeting, reporting, billing, contract closeout, and customer care.
- Developed and implemented monthly financial reports for the Postal and DOJ programs. Facilitated program managers to understand, assume responsibility and focus on key improvement areas.
- Implemented an accurate monthly accrual process for Postal resulting in a reduction in the monthly close process by 2 days, while eliminating swings in monthly overhead expenses.
- Simplified and automated quarterly EAC preparation process - Reduced preparation time for EAC from days down to hours, increased the accuracy, and ease of auditing. Reduced time spent on auditing program by internal and external auditors.
- Streamlined database, labor management, and accounting processes, reducing DOJ Program DSO from 79 days to 49 days and lowering associated support costs.
- Successfully closed out the DOJ Litigation Support contract under budget, while successfully supporting the customer’s needs with IT equipment purchases of over $500k in the final months of the contract.
- (formerly I&ET)
Accountant
IBM Employees Federal Credit Union
01.1990 - 01.1994
Education
Masters in Business Administration - Information Systems Management and Finance
Marymount University
Arlington, VABachelors of Business Administration - Finance
Radford University
Radford, VASkills
- Financial forecasting
- Strategic planning
- Complex Problem-solving
- Decision-making
- Team leadership
- Coaching and mentoring
- Critical thinking
- Relationship building
Accomplishments
We are pleased to announce that Rodney Crowe, CFO of Accenture Federal Services, has been named among our Top CFOs to Watch in 2024by Washington Execs
Crowe’s biggest recent achievement was supporting Accenture Federal Services’ acquisition of Cognosante, a Falls Church, Virginia-based provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence and civilian agencies.
With this acquisition, Accenture Federal Services created a new federal health portfolio to deliver specialized mission solutions that drive better health outcomes and create more accessible, equitable healthcare experiences for all.
Timeline
VP Finance
DRS Technologies, Technical Services
01.2006 - Current
VP Contracts & Finance
Spacelink International, LLC
01.2004 - 01.2006
Sr. Business Manager
Computer Sciences Corporation (CSC)
01.2003 - 01.2004
Sr. Business Manager
DynCorp Systems & Solutions
01.1994 - 01.2003
Accountant
IBM Employees Federal Credit Union
01.1990 - 01.1994
Bachelors of Business Administration - Finance
Radford University
Masters in Business Administration - Information Systems Management and Finance
Marymount University
Training & Development
- Costpoint, Cognos 8, Deltek Budget & Planning, Deltek GovWin
- Microsoft Excel Advanced User
- CSC Business Leadership Workshop
- DynCorp Leadership & Project Management
- CMM & ISO 9000 Introduction
- Total Quality Management
- Capture Management (Establishing Competitive Advantage)