Finance Business Partner III, Gov. Cost Accounting

GKN Aerospace •

Cromwell, Connecticut, United States

Position Type: Permanent

Job Description:

Fantastic challenges. Amazing opportunities.

GKN Aerospace is reimagining air travel: going further, faster and greener! Fuelled by great people whose expertise and creativity sets the standards in our industry, we’re inspired by the opportunities to innovate and break boundaries. We’re proud to play a part in protecting the world’s democracies. And we’re committed to putting sustainability at the centre of everything we do, opening up and protecting our planet. With over 16,000 employees across 33 manufacturing sites in 12 countries we serve over 90 of the world’s aircraft and engine manufacturers and achieved sales of 3.35 bn.in 2023. There are no limits to where you can take your career.

Job Summary

We are seeking an experienced Gov. Cost Accountant to support government accounting and compliance functions within Finance. Working closely with Programs and Commercial teams to ensure compliance with DCAA/DCMA requirements and be the owner of the business Forward Pricing model

Job Responsibilities

Key business partner in the monthly and annual financial closing process, providing variance analyses explanation
OneStream financial reporting owner for actuals, forecast, budget, and 5 years plan
Strong knowledge of DFAR and Cost Accounting Standards (CAS) is essential
Responsible for creating and supporting summaries and presentations for executive senior leadership
Lead process improvement initiatives, finance reporting automation projects, and standard work documentation
Own the business Forward Pricing Model (FPRP), working closely with our rate advisors to manage, update and evolve the model in line with Government compliance.
Work closely with the Finance Team to ensure correct cost capture for allowable/unallowable costs. Review and updating General Ledger to ensure correct booking of costs per our Disclosure Statement.
Ultimate owner of company Disclosure Statement, advising/recommending changes to maintain compliance.
Key business partner for all DCMA/DCAA/Prime Audits.
Conduct risk assessment of FAR business system reviews & manage risk profile
Updating key system processes to ensure compliance with time keeping and correct allocation and booking of costs to correct cost pools.
Monitor internal policies and procedures to ensure alignment with government regulations – Procurement, pricing & estimating etc.
Participate and lead projects to improve and train key stakeholders within the business for Government Accounting requirements.
Support Programs & Commercial teams in development of financial forecasts ensuring government compliance in proposals.

May require travel to our Wallingford CT location--

Job Requirements:
Job Qualifications

Bachelor’s Degree in Finance, Accounting, or related field.
5 years of industry experience in manufacturing of aircraft and/or aerospace parts, with knowledge in government and/or defense contracts and cost accounting.
US Person per ITAR regulations to comply with export compliance and SSA requirements.

Preferred Qualifications

SAP, OneStream, IBM TM1 planning analytics, Qlik database
Strong knowledge of DFAR and Cost Accounting Standards (CAS)
Strong team player, and able to complete tasks in a hybrid environment with minimal supervision
Excellent time management skills to meet customers’ deadlines, and ability to prioritize tasks
Working knowledge with Forward Pricing Rate Proposal (FPRP)
Experience in Aerospace and Defense or related manufacturing industry
Experience in DCAA/DCMA or Prime contractor or subcontractor experience.
In depth understanding of overhead rates, how they are calculated and Forward Pricing.
Experience with FAR, DFARS, CAS and government contracting and cost principles.
Working knowledge of Manufacturing ERP systems
Strong excel knowledge including formulas (vlookup, index match, sum, ifs etc.)

We’ll offer you fantastic challenges and amazing opportunities. This is your chance to be part of an organisation that has proven itself to be at the cutting edge of our industry; and is committed to pushing the boundaries even further. And with some of the best training on offer in the industry, who knows how far you can go?

A Great Place to work needs a Great Way of Working

Everyone is welcome to apply to GKN. We believe that we can only achieve our ambitions through a coming together of diverse minds who enjoy collaborating in an inspirational environment. Through our commitment to diversity, inclusion and belonging and by living our five powerful principles we’ve created a culture where everyone feels welcome to contribute. It’s a culture that won us ‘The Best Workplace Culture Award’. By embracing and celebrating what makes us unique we encourage everyone to bring their full self to work.

We’re also committed to providing an accessible recruitment process, so if you require reasonable adjustments at any stage during our recruitment process please get in touch and let us know.

We are the place where human dreams, plus human endeavour, shape the future of aerospace innovation and technology.

#LI-REMOTE

Job Ident #: 1046309501

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Finance Business Partner III, Gov. Cost Accounting

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