GovCon-specific CFO leadership for middle market government contractors at $10M to $250M in revenue — DCAA compliance, indirect rate architecture, contract economics, and exit readiness. Led by Steve Radanovic, a 27-year finance veteran with 20 years in GovCon.
A fractional CFO for a government contracting company provides part-time CFO-level financial leadership — typically 2 to 3 days per week — covering the six domains that determine whether a GovCon company is positioned to grow, compete, and eventually exit at a premium multiple.
GovCon financial complexity is fundamentally different from commercial companies. DCAA audits, FAR Part 31 cost principles, indirect rate pools, CPSR requirements, and contract-type economics all require a CFO who has been in a government contracting environment — not a generalist learning on the job at your company's expense.
Sync CFO's GovCon fractional CFO practice is led by Steve Radanovic, a corporate finance executive with 27 years of success across PE-backed and founder-owned government contracting businesses, including multiple successful exits. Steve has been in the seat — not just advised from outside it.
"Most GovCon founders are excellent operators and rainmakers. Almost none of them have the financial architecture to maximize what they've built — until it's too late to matter." — Steve Radanovic, Sync CFO
Timekeeping adequacy, cost principle compliance, incurred cost submissions, audit preparation, and pre-award survey readiness.
Pool structure review, allocation methodology documentation, provisional vs. final rate management, and competitive pricing optimization.
Contract-level P&Ls, fee discipline on CPFF, T&M ceiling management, FFP pricing strategy, and margin visibility by contract.
Funded vs. unfunded backlog reporting, recompete exposure management, IDIQ task order tracking, and past performance documentation.
ERP configuration, monthly close acceleration, management reporting package, 12-month cash forecast, and finance team development.
EBITDA normalization bridge, audited financial statements, virtual data room, buyer narrative, and PE diligence preparation.
GovCon companies hit predictable inflection points where the finance function goes from an overhead cost to an existential constraint. Here is when a fractional CFO stops being optional.
Indirect rate structure built at $5M no longer works at $20M. DCAA exposure increases. Contract complexity multiplies. Finance needs a dedicated leader — not a controller wearing two hats.
A pre-award survey failure or incurred cost audit finding can cost contracts and enterprise value simultaneously. A GovCon CFO is well positioned to prepare for and manage DCAA scrutiny.
A PE sponsor or strategic buyer will put your financials under a quality of earnings process. If you have not been building toward that day for 18 to 24 months, the diligence will find problems that cost real money.
Indirect rates that worked at last year's revenue level are costing you cost recovery and competitive pricing this year. A rate review typically pays for itself in the first engagement.
Your largest contract is coming up for recompete. A GovCon CFO stress-tests the financials, ensures the pricing model is defensible, and prepares the cash flow bridge for the gap between contract end and new award.
A PE sponsor has specific expectations: monthly board reporting, 13-week cash forecast, covenant compliance, and EBITDA management. A GovCon CFO who understands both PE and GovCon requirements is essential from day one of a new ownership structure.
These are the risks that surface in every GovCon M&A diligence process — and the ones a GovCon fractional CFO addresses before they become deal-breakers.
Matched to where you are in your growth and exit journey.
2 to 3 days per week. Owns the finance function. Builds the team, the systems, and the reporting cadence. Right for GovCon founders who need a CFO but cannot justify a full-time hire.
Full-time for a defined period — typically 6 to 12 months. Crisis response, leadership transition, or surge capacity for a DCAA audit, recapitalization, or sale process.
Deployed 18 to 24 months before a planned sale. Owns diligence readiness, EBITDA normalization, financial packaging, and buyer positioning. Built for the GovCon founder who wants to maximize exit value.
Start with the GovCon CFO Readiness Diagnostic — a 15-minute scored assessment across 6 domains that shows exactly where your finance function is exposed. Or reach Steve Radanovic directly.
Take the Diagnostic → Email Steve Radanovic