Job Summary:
The Manager of Government Accounting Compliance will oversee the accounting and reporting of all government contracts and related costing activities, ensuring compliance with government accounting regulations including Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS).
Supervisory Responsibilities:
- Recruits, interviews, hires, and trains Division Government Technical Specialists.
- Oversees the daily workflow of specialists.
- Provides constructive and timely performance evaluations.
Duties/Responsibilities:
- Communicates with division management regarding new and revised regulations and other changes to government accounting principles and practices.
- Advises management of potential effects of new or revised accounting policies and practices.
- Researches and identifies best accounting practices and methods to ensure maximum profitability and cost recovery while maintaining compliance with government regulations.
- Collaborates with the controllers office on behalf of the division on government accounting matters.
- Evaluates practices related to estimates, labor reporting, pricing, cost reporting, and allocations, ensuring compliance; addresses and remedies any noncompliant or inconsistent practices.
- Negotiates various matters such as cost impact statements, forward pricing, and final overhead rates used on government contracts with the Defense Contract Audit Agency (DCAA) and/or other government representatives.
- Provides expert advice regarding the allocation and allowance of specific cost items.
- Answers inquiries from finance, manufacturing, contracts, and engineering staff.
- Prepares and submits financial disclosure statements and other reports and documentation.
- Ensures compliance with governmental accounting regulations and generally accepted accounting principles (GAAP).
- Performs other duties as assigned.
Required Skills/Abilities:
- Expert understanding of accounting matters and the ability to answer related questions.
- Expert understanding of government accounting regulations such as FAR, CAS, and GAAP.
- Ability to prepare, submit, and audit Annual Incurred Cost reports.
- Excellent organizational skills and attention to detail.
- Strong analytical and problem-solving skills.
- Proficient with Microsoft Office Suite or related software.
Education and Experience:
- Bachelors degree in Accounting or Finance required; Masters degree preferred.
- At least ten years of finance and accounting experience with at least five years of specific government contracting experience required.
- Experience interfacing with DCAA preferred.
Physical Requirements:
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift 15 pounds at times.
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