Francis J. Reilly II

Francis Reilly II is a Manager at Capital Edge Consulting. He provides support to government contractors, focusing on regulatory compliance, mergers and acquisitions, business restructuring and enabling commercial businesses to develop the operational capabilities required to do business with the United States Government. His experience has consisted of working with companies of varying sizes and industries, including some of the largest aerospace & defense contractors.

Francis’s areas of expertise include the Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), agency supplement regulations, Contractor Accounting and Estimating Business Systems, government accounting requirements, Incurred Cost Submissions (ICS), DCAA Audits support and preparation, other regulatory non-compliance support, and ERP system implementations.

Francis serves government contractors ranging in size from small businesses to Fortune 100 companies with full contract lifecycle support in the areas of accounting, contracts, and compliance. His clients work in a wide range of industries, including aerospace and defense, biotech and life sciences, energy, health care, information technology, and manufacturing. Francis has successfully supported clients in various stages of a contractor’sdevelopment, including assisting start-upsand non-traditional contractorsstrategize and design their government contracting compliance infrastructure and assisting larger traditional contractors with large-scale business transformations based on the client’s strategic objectives and industry leading practices. Francis has extensive experience with the Cost Accounting Standards and indirect rate structures and has helped companies develop their CAS Disclosure Statements, change cost accounting practices, develop cost impact statements and defend against allegations of noncompliance.

Specific areas of government contract consulting expertise include:

• Federal Acquisition Regulations (FAR)
• Cost Accounting Standards (CAS)
• CAS Disclosure Statements
• CAS Cost Impact Statements
• Defense Contract Audit Agency (DCAA) audit support and audit defense
• Defense Federal Acquisition Regulation Supplement (DFARS)
• Financial Due Diligence / Deals and Transaction Support
• Strategic Business Restructuring
• Incurred Cost Proposals
• ERP Implementations
• Accounting Systems
• Estimating Systems
• Forward Pricing Rates
• Government Contracts Training (Accounting & Compliance related)

Francis graduated from the John Chambers School of Business and Economics at West Virginia University with a Bachelor of Science in Finance.