Chief Financial Officer

Penobscot Indian Nation Enterprises (PINE) seeks:

Chief Financial Officer


The mission of PINE’s CFO is to lead the financial operating strategy and results in order to ensure that PINE is making smart decisions and investments in growth that are both creating capacity, equity value, and translating to the bottom line. We require a highly collaborative business executive; the Chief Financial Officer will have a deep understanding of our goals & strategies, and works closely with other members of PINE’s Executive Team and Subsidiary Senior Executives to drive financial results. The CFO ensures that our finance & accounting functions are effective, efficient, and act as a high value-added function of our organization – most importantly, as a small business federal contracting holding company. While PINE is a tribally-owned business, the CFO fosters the same kind of ‘professional management’ that one would expect at a top tier privately owned company. The CFO does not seek to reinvent the wheel – but rather to apply best-in-class practices with a relentless focus on helping our subsidiaries win and perform federal contracts, plan optimum tribal member employment strategies, and maximize the return of investment to the Penobscot Indian Nation.

Professional Qualities

The Candidate must possess leadership skills that allow him/her to demonstrate the following qualities:

  • Thinks and acts both strategically and tactically along with our growing executive team
  • Ability to set vision, drive strategy, and manage execution for the entire finance and accounting functions
  • Breadth and expertise to lead and oversee (in a high performance manner) other functions often covered by the CFO in a federal contracting and small business environment. Ability to lead new functions not necessarily overseen previously
  • Strong executive-level communication – establishing vision, aligning vision to broader corporate strategy, establishing objectives/goals/contract portfolios that drive that strategy, advocating successfully for optimally managing and allocating resources
  • Strong capability to create and manage processes that effectively satisfy cross-corporate and cross-subsidiary needs, including sustainable retained operating funds, and proper overhead management and material handling
  • Inspiring employees (both direct reports, and across the organization), aligning them to strategy, helping them understand their roles and how they connect to the tribal corporation’s broader goals
  • Highly ethical; analytical thinker who exercises sound judgment through fact based decision making and Generally Accepted Accounting Principles (GAAP), Defense Contract Audit Agency (DCAA), and Federal Acquisition Regulation (FAR) compliance
  • A working knowledge of US Small Business Administration rules, including the 8(a) Business Development, HUBZone, Small Business Programs. GSA schedule and Minority Business Enterprise (MBE/DBE) knowledge a plus
  • Strong organizational skills, attention to detail, ability to prioritize and meet deadlines in a results driven environment and able to also  work with a sense of urgency when necessary
  • Ability to input and facilitate the corporations procurement goals, including contract pricing and/or review


Provide strategic financial leadership and overall direction to all aspects of the accounting and finance functions.

  • Designs, establishes, and maintains an organizational structure to effectively accomplish the corporation’s goals and objectives
  • Directs and coordinates financial planning (budget, forecast, and analysis) functions
  • Analyzes corporation’s financial results with respect to Statement of Operations (P&L), Cash Flow, and Balance Sheet, reviewing for variances to budget, prior periods, and short and long term trends
  • Oversees performance of financial modeling with the ability to oversee the building & maintaining of financial needs for the high-priority subsidiary portfolio development
  • Participates as a member of the Company’s Senior Leadership Team to help the Corporation define & achieve its broader Vision & Objectives
  • Responsible for providing strategic guidance around the corporation’s historical challenge of capital financing and surety bonding as a tribal entity, while striving to optimize the company’s capital structure and financing options to support corporate and subsidiary portfolio needs towards expansion and stability
  • Develops and coordinates relationships with lending/financial and auditing institutions
  • Ensures maintenance of all necessary accounting policies and systems, including general ledger and financial reporting
  • Assists senior management in financial planning and results management, including developing an optimum strategy for building subsidiary operation and financial management teams that will work in unison with the holding company towards the collective priority goals of the tribal corporation
  • Oversees preparation, and review of monthly, quarterly, and annual reports
  • Create, modify, and execute Contracting Policies, Procedures and Templates: NDA, TA, Consulting Agreements, Subcontract Agreements, Vendor/Supplier Profiles, Reps & Certs, MOUs, Reseller Agreements, End User License Agreements (EULA) from both a Prime and Subcontractor perspective that protects the interests of the Corporation and subsidiary (works with subsidiary management on the above), and maintains consistency across the organization
  • Communicate with Partners, Subcontractors, and other External Stakeholders
  • Oversees financial audits and provides recommendations for procedural improvements
  • Coordinates and/or prepares required tax schedules, FUTA and FICA & Partner Schedule K returns and information
  • Develop and ensure quality accounting staff as needed throughout the corporation and subsidiary structure
  • Oversee all transactions related to general ledger, receivables, payables, payroll and financial reporting as a corporation, including flow up from the subsidiaries
  • Ensures that records are maintained in accordance with GAAP, DCAA, FAR and US SBA Small Business
  • Coordinates with Penobscot Nation Chief for Annual Tribal benefits reporting associated with the 8(a) program
  • Responsible for all other tasks customary for a Chief Financial Officer position


  • 7+ years of experience at CFO level, overseeing all aspects of finance and accounting in a federal contracting environment. Experience with Tribal Corporations or Native American businesses a plus
  • Deep knowledge of finance (capital structure and cash management), and experience leading financial aspects of business development  efforts, budgeting (short and long term budgeting and forecasting, rolling budgets, and subsidiary profitability analysis), and accounting (including GAAP, DCAA, and FAR)
  • Management experience leading procurement teams in businesses with over $25,000,000 in revenues
  • Experience in automated and accounting software environments, including Deltek, QuickBooks, or another recognized efficient DCAA complaint system (and prepare to recommend one, with Deltek GCS Premier near “to be retired” status.)
  • Ability to manage and direct change, good business process re-engineering skills
  • Proven strong general business knowledge and acumen, including strategic planning, P&L management. Ideally, experience with board level discussion & decisions on corporate and subsidiary portfolio development strategies. Ideally, experience in a business with capital financing and surety bond program development.
  • Bachelor’s degree in Accounting, Finance or Business, required
  • MBA or CPA preferred, but not required

Entrepreneurial /some startup experience preferred, but not required

About the Corporation

Headquartered in Indian Island, ME, PINE is a Federally-chartered §17 Corporation authorized under the 1934 Indian Reorganization Act. Carrying the rights and privileges of the Penobscot Indian Nation, PINE develops and oversees, as a Holding company, a portfolio of subsidiaries developed to compete in Federal, State Government and Commercial markets. PINE also oversees other duly assigned economic development projects all geared towards creating revenues, profits for the tribe and employment opportunities for Penobscot citizens.  Established in 2005, PINE saw its first decade reap many successes and benefits, and challenges as any other similar corporation in the noted markets. PINE will continue to strive to reach its goals and objectives under its set mission.

PINE provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, PINE complies with applicable Federal and state laws (under its sovereign immunity) governing nondiscrimination in employment in every location in which the company has facilities and contracts. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training..

PINE expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of PINE’s employees to perform their job duties may result in discipline up to and including discharge.

Salary to be negotiated, based on experience and credentials.

If you are interested in this position, and meet our needs, we are interested in hearing from you. Please submit a Cover Letter and resume (along with any credentials) to:

Maulian Smith                                              Phone: (207) 817-7325 Ext. 201

Director of Human Resources            

PINE Facility

12 Wabanaki Way

Indian Island, ME 04468-1254