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Manager, Government Compliance

Posted Sep 01
Full Time
Lynchburg, Virginia

About the job

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With more than 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. We are the sole manufacturer of naval nuclear reactors for U.S. submarines and aircraft carriers. Our company supplies precision manufactured components, services and fuel for the commercial nuclear power industry across four continents. Our joint ventures provide environmental restoration and operations management at a dozen U.S. Department of Energy and NASA facilities. BWXT’s technology is driving advances in medical radioisotope production in North America and microreactors for various defense and space applications. For more information, visit www.bwxt.com . Follow us on LinkedIn , X , Facebook and Instagram .

BWXT is currently seeking a Manager, Government Compliance for its Lynchburg, VA, or Charlotte, NC location. Position can also be remote!

The individual in this position will oversee the accounting and reporting of government contracts and related costing activities, ensuring compliance with government cost and contracting regulations, including the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS). The individual will also be responsible for assisting in the testing and evaluation of internal controls within the company and ensuring compliance with Sarbanes-Oxley (SOX) requirements.

Essential Functions/Responsibilities:

  • Provides guidance and assistance to staff in the areas of government compliance matters.
  • Oversees and reviews the work of accountants and analysts in the group.
  • Participates in the preparation and negotiation of various government cost and contracting matters, such as incurred cost submissions (ICS), forward pricing rate proposals (FPRP), cost impact statements, provisional billing rates, and final rate agreements.
  • Serves as liaison between the company and government auditors and contracting officers.
  • Evaluates business practices related to estimating, labor reporting, cost recording and reporting, allocation of cost, and other areas to ensure compliance with applicable government regulations and reporting requirements.
  • Updates and maintains the disclosure statement for the corporate home office. Works with staff to ensure business segment disclosure statements are consistent and adequate and accurately describe the accounting practices in place.
  • Communicates with management and staff at the corporate office and in business segments regarding new and revised government cost and contracting regulations, and other changes to government accounting principles and practices.
  • Conducts assessments of readiness and compliance regarding business systems identified in the Defense Federal Acquisition Regulation Supplement (DFARS).
  • Establishes policy on a variety of government cost and contract topics and provides expert advice regarding the allocation and allowability of specific cost items.
  • Collaborates with cross-functional teams and groups, including legal, contracts and procurement, and program management to ensure compliance with government accounting regulations.
  • Performs and leads annual walkthroughs for processes associated with key internal controls that will be tested as part of the SOX requirements.
  • Regularly monitors and tests internal controls to ensure they are operating effectively and makes adjustments as needed.
  • Analyzes testing results and works with process owners to remediate control deficiencies and improve operational effectiveness.
  • Effectively communicates SOX controls, status of testing, and remediation updates to key process and control owners and external auditors.
  • Identifies opportunities for continuous improvement within the SOX compliance framework.
  • Performs other duties as assigned.

Required Qualifications:

  • Bachelors degree in Business Administration, Accounting, Finance, or related field.
  • Minimum five (5) years experience in government cost and contracting regulatory compliance and reporting.
  • Minimum five (5) years of leadership/supervisory experience (can be formal or informal roles and experience).
  • In depth knowledge of government accounting regulations such as FAR, CAS, Defense Contract Audit Agency (DCAA) guidelines, and Generally Accepted Accounting Principles (GAAP).
  • Prior experience with ICS, FPRP, and rate agreements.
  • Demonstrated experience in developing and implementing internal controls.
  • Previous experience with financial reporting and audit preparation for government contracts.
  • Must possess strong analytical and problem solving skills.
  • Ability to manage teams and direct and review work performed by the staff.
  • Must be proficient with Microsoft Office Suite, particularly Excel.
  • Must be able to demonstrate excellent written, oral, and interpersonal communication skills.
  • Must possess excellent organizational skills and attention to detail.
  • Must be a U.S. citizen with no dual citizenship.

Preferred Qualifications:

  • CPA preferred.

Pay: $ 92,000 - $ 142,000

The base salary range for this position in Virginia at the start of employment is expected to be between $92,000 and $142,000 per year. However, the base salary offered is based on local job market factors, and may vary further depending on factors specific to the selected job candidate, such as job-related knowledge, skills, experience, and other objective business considerations. Subject to these considerations, the total compensation package for this position may also include other elements, such as an annual cash incentive in addition to a full range of medical, retirement, and/or other benefits. Details of participation in these benefit plans will be provided at such time the selected job candidate receives an offer of employment. If hired, the selected job candidate will be employed 'at-will,’ unless employed at a location and in a position subject to a collective bargaining agreement. The company further reserves the right to modify base salary (as well as any other discretionary payment, compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and other market factors.

As a federal government contractor, BWX Technologies, Inc. and any subsidiaries, affiliates and related entities (“BWXT” or the “Company”) complies with all federal, state, and local laws and customer requirements regarding health and safety protocols. As such, all BWXT new hires will be required to adhere to applicable Company health and safety requirements within the workplace as a condition of employment.

BWXT supports diversity and is committed to the concept of Equal Employment Opportunity. We have established procedures to ensure that all personnel actions such as recruitment, compensation, career development, benefits, company-sponsored training and social recreational programs are administered without regard to race, color religion, gender, national origin, citizenship, age, disability or veteran status .

https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf

https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.p