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Woodward Governor Company


Woodward Governor Company - Niles, IL

DIRECTOR GOVERNMENT ACCOUNTING','1701471','!*!Position Purpose:

This position reports to the Vice President of Finance for Airframe Systems and forms the Center of Expertise for incorporating government contract accounting requirements in the company.  The primary responsibility is to ensure financial reporting, disclosure, and other government contract accounting compliance for the Airframe Systems business processes. The position is also responsible for enterprise wide leadership for the Center of Expertise and government contract accounting support within Woodward. 

Essential Functions:

Identify Airframe and Woodward enterprise-wide strategies around government contract accounting requirements, primarily those of financial compliance in nature.

Identify, prioritize, and coordinate government contracting requirements within Airframe and across Woodward corporate and business groups.

Provide enterprise wide government contract accounting expertise and stay abreast of requirements, policy changes, and best practices to ensure compliance.

Ensure the business process of capturing, recording and summarizing financial/cost transactions comply with Federal Acquisition Regulations (FAR), and supplemental regulations as necessary, and Cost Accounting Standards (CAS).

Prepare and maintain the Company's Disclosure Statement(s), and supporting audits of the Disclosure Statement(s).

Oversee the preparation, submission, and negotiation Forward Pricing Rate Agreements, and the annual incurred cost submission to ensure compliance with all applicable regulations (FAR, CAS, etc.). Monitor direct rates, indirect rates, and factors for changes that would require supplemental disclosure and negotiation of new rates with appropriate government agencies.

Support program proposals, pricing, negotiations strategy, and Truth In Negotiations Act (TINA) certifications.

Provide leadership and act as the primary finance contact point with government organizations, such as the Defense Contract Audit Agency (DCAA), for all proposals, forward rates, disclosure statements, and other inquiries.

Perform routine internal audits and reviews to ensure compliance with government regulations and company policy. These audits may include, but are not limited to, the labor system, purchasing system, proper recording of unallowable costs, compliance with cost estimating/pricing policies and procedures, material management and accounting systems, billing systems, and company policies, procedures, and system of internal controls.

Oversee the Company’s compliance with applicable government contract accounting requirements, including corporate and home office considerations.

Ensure compliance for Intersegment sale/transfer of product to be included under government contracts.

Joint chair (with legal and systems) of Government Contracting Council-supporting all financial related activities and issues.

Coordinate internal and government audit support where necessary.Provide leadership, supervision, training, development, and guidance as required to direct a team of senior government accountants / financial analysts to ensure the functions described within this job description are achieved.   

Other Functions:

Provide support to business process owners to help ensure they understand the implication of government regulations in their business area.

Provide conceptual application of regulation to commercial business operations.','!*!Knowledge/Skills/Abilities:

Strong technical knowledge of government contract accounting regulations (e.g. FAR, DFAR, CAS, TINA).

Understanding of the business environment.

Excellent interpersonal skills to effectively work across the organization and business segments, and exhibits a service oriented mentality.

Innovative thinking and ability to effectively influence and/or drive appropriate change.

Strong project management, communication, and presentation skills.

Ability to analyze complex information and present the findings in a simple manner.

Ability to analyze, research, and defend the segment/company's position regarding compliance with government accounting regulations.

Solid understanding of estimating and pricing systems.

Solid leadership and member development skills.

Strong attention to detail and excellent analytical skills.

Ability to effectively interact with all levels in the organization.

Proficiency in large fully integrated accounting systems (e.g. Oracle, SAP).

Able to collaborate with other functional groups as a member of the Government Contracting Council.

Education or Formal Training:

B.S./B.A. degree in Accounting, Finance or Economics required.

CPA,CMA and/or MBA desired.  

Experience Required:

Minimum of 10 years experience in government contract cost accounting.

Minimum of 5 years in a senior leadership role.

Experience leading simple to complex financial projects.

Experience in the aerospace and defense industry.

Woodward is an independent designer, manufacturer, and service provider of control solutions for the aerospace and energy markets. Our aerospace systems and components optimize the performance of fixed wing and rotorcraft platforms in commercial, business and military aircraft, ground vehicles and other equipment. Our energy-related systems and components enhance the performance of industrial gas and steam turbines, reciprocating engines, compressors, wind turbines, electrical grids and other energy-related industrial equipment. The company’s innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products.

Woodward is an Equal Opportunity Employer

EO/AA/M/F/Disabled/Protected Veterans


This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR).   All applicants must be U.S. persons within the meaning of ITAR and EAR, or possess all required authorizations from the U.S. Department of State Department and the U.S. Department of Commerce.   ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.','Financial Management','United States-Illinois-Niles','','Woodward','FULL TIME','1st Shift / Day Job','','','false','DIRECTOR GOVERNMENT ACCOUNTING'

3 days 17 hours ago

Woodward Governor Company


DIRECTOR GOVERNMENT ACCOUNTING Woodward Governor Company - Niles, IL, United States


Location: Niles, IL

Company Profile:
Woodward delivers lasting contributions to energy control, always innovating for a better future. Woodward integrates leading-edge technologies into fuel, combustion, fluid, actuation, and electronic control systems for the aerospace and energy markets. Our growth is driven by the increasing demand for fuel-efficient, low-emission, and high-performance energy management. We have a clear vision and follow carefully planned long-term strategies. With multiple locations in fourteen countries, Woodward can respond quickly with solutions tailored to the local demands of our customers.