Government Accounting Regulatory Compliance Manager

Company: Eaton Corporation
Location: Jackson
Posted on: January 26, 2023

Job Description:

Eatons Aerospace Group is currently seeking a Government Account Regulatory Compliance Manager to join our team. This position can be based within 50 miles of the following Eaton Aerospace Group sites Irvine, CA; Beachwood, OH (greater Cleveland area); Jackson, MS; Los Angeles, CA; Fort Worth, TX; Jackson, MI; or Davenport, IA.Position Overview:The Government Accounting Regulatory Compliance Manager will interface with reporting segments and Aerospace and Corporate internal functions such as finance, legal, contracts, pricing, internal audit and others to provide subject matter expertise on CAS, FAR, DFAR to ensure business practices are compliant with Federal Laws and Regulations.Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. Its where bold, bright professionals like you can reach your full potentialand where you can help us reach ours.In this function you will:

• Support cost accounting and compliance aspects related to new acquisitions, organizational restructuring activities, development of new business systems, changes in government regulations and corporate policies.
• Assist the Director of the Aerospace Government Accounting Center of Excellence (COE) with developing new strategies, engaging in risk mitigation through process improvement reviews and identification of the opportunities for automation and digitalization, continue compliance monitoring and the establishment and maintaining government accounting policies and procedures.
• Act as the primary liaison with DCAA, DCMA and other Governmental officials in supporting audits and negotiations.
• Lead the preparation of the government-required submissions, including CASB Disclosure Statements, annual Incurred Cost Submissions and cost impact analysis when applicable.
• Manage a direct report and ad hoc teams in all government accounting compliance aspects of supporting Aerospace Groups reporting segments.
• Review accounting practices of the Aerospace HQ, reporting divisions and sites, procedures, and related internal controls to ensure the compliance with the Federal Acquisition Regulations (FAR/DFARS), US Government Cost Accounting Standards (CAS), and other Business Systems requirements.
• Assist Aerospace Director of Government Accounting with integration of new acquisitions, providing government accounting advisory services to teams developing new ERPs, identifying opportunities for digitalization and automation of the existing processes.
• Monitor new and revised regulations and other changes to government accounting principles and practices. Advise management on potential effects of new or revised policies and practices and prepare a cost impact when applicable. Update reporting segments government accounting practices to align with the updated regulatory requirements.
• Assist reporting segments with CAS applicability analysis for government contract awards and support the establishment and maintenance of US Government Cost Accounting Standards (CAS) Disclosure Statements and management of related administration requirements.
• Lead the preparation and support negotiation of forward pricing rates and incurred costs claims, as applicable.
• Work closely with finance and pricing staff to ensure that forward pricing rate submissions and contract proposals utilize current, accurate and complete cost or pricing data. Assist proposal teams with CAS and TINA certifications required for the government contract and subcontract proposals.
• Assist reporting segments with best accounting practices and methods to ensure maximum profitability and cost recovery while maintaining compliance with government regulations.
• Monitor and report on internal control gaps and associated corrective action plans.
• Interface with Government auditors on accounting matters and serve as primary point of contact for DCAA and DCMA audits and inquiry matters. Drafts and coordinates review of responses to Government requests and maintain adequate records to support Government audits and fact finding.
• Assist in developing and delivering training programs to assure that company personnel have the job knowledge to fulfill obligations imposed by Government/contracts accounting and business system requirements.
• Lead internal compliance monitoring activities of Eatons labor/time reporting and other processes as needed.When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we as individuals and as a company are stronger.QualificationsRequired (Basic) Qualifications:
  • Bachelors degree in Economics, Finance or Accounting.
  • Minimum of seven (7) years of government accounting experience relevant in a government contracting environment within the Aerospace or Defense industry dealing with FAR, DFARS and CAS.
  • Minimum of three (3) years of manager of people experience.
  • Experience working with the DCAA and DCMA.
  • Experience in developing indirect budgets, forward pricing rates, ICS proposals and CAS Disclosure Statements.
  • Experience in developing and training employees in government contracting matters
  • Must have knowledge of government contracts regulatory requirements including GAAP, FASB.
  • Working knowledge of advanced accounting and ERP systems (Oracle and SAP).
  • Advanced proficiency with Microsoft Excel.
  • This position requires use of information or access to hardware which is subject to International Traffic in Arms Regulations (ITAR). All applicants must be US persons within the meaning of ITAR. ITAR defines a US person as a US citizen, US Permanent Resident (i.e. Green Card Holder), Political Asylee, or Refugee.
  • No relocation benefit is being offered for this position. Only candidates within a 50-mile radius of one of the following locations Irvine, CA; Beachwood, OH (greater Cleveland area); Jackson, MS; Los Angeles, CA; Fort Worth, TX; Jackson, MI; or Davenport, IA will be considered. Active-Duty Military Service member candidates are exempt from the geographical area limitation.What youll get from us:We provide benefits that are industry competitive and focused on employee well-being. Listed below are programs that are offered globally, but program availabilities may vary by site.
    • Flexible work options to help balance work/life demands (at participating Eaton sites)
    • Healthcare/retirement savings programs
    • Competitive compensation packages to reward skills and performance
    • Tuition assistance or financial help for ongoing learning and development
    • Health, Dental, Vision & Wellness programs
    • Donation matching (U.S., Canada, Puerto Rico)#LI-EW1Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call 412-893-3600 or send an email to: AccommodationsForApplying@Eaton.comEaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, were accelerating the planets transition to renewable energy, helping to solve the worlds most urgent power management challenges, and doing whats best for our stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries.Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We have demonstrated our passion for sustainability with the announcement of cutting carbon emissions from the companys operations by at least 50 percent by 2030.Eaton is committed to having a workforce that is diverse and non-discriminatory at all levels, reflecting the diversity of our customers and the varied environments in which we conduct business around the world. Our success depends on our ability to attract and retain the very best people unlimited by race, color, social or economic status, religion, national origin, marital status, age, disability, veteran status, sexual orientation, gender identity or any protected status. Eaton follows relevant non-discrimination laws and regulations in the countries where we operate. It is the policy of the Company to make all decisions regarding employment, including hiring, compensation, training, promotions, transfers, or lay-offs, based on the principle of equal employment opportunity as defined above.Job: Finance/AccountingRegion: North America US/Puerto RicoOrganization: AER Aerospace GroupJob Level: ManagerSchedule: Full-timeIs remote work (i.e. working from home or another Eaton facility) allowed for this position?: Yes HybridDoes this position offer relocation?: NoTravel: Yes, 10 % of the Time

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