Job Information
EY Government and Public Sector Engagement Accounting & Billing Lead Associate Director in McLean, Virginia
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Government and Public Sector Engagement Accounting & Billing Lead Associate Director
From strategy to execution, the Government & Public Sector (GPS) practice of Ernst & Young LLP provides a full range of consulting and audit services to help our Federal, State, Local and Education clients implement new ideas to help achieve their mission outcomes. We deliver real change and measurable results through our diverse, high-performing teams, quality work at the highest professional standards, operational know-how from across our global organization, and creative and bold ideas that drive innovation. EY is ready to help our government build a better working world.
The opportunity
EY Government and Public Sector (“GPS”) is seeking a full-time Engagement Accounting & Billing Lead Associate Director. This role will report to the GPS Markets Finance Leader.
In this role, you’ll be responsible for leading the engagement accounting and client billing teams, ensuring adherence to policies, applicable law and regulations, contract clauses, procedures, and internal controls.
Your key responsibilities
Guide, mentor and manage the Project Setup & Accounting and Billing teams
Act as a Trusted Advisor to the business, promoting a ‘best-in-class’ organization
Maintain CAS compliance through well-documented processes and procedures
Automate invoice approval process, where applicable
Regularly analyze workload requirements to balance between team members and create efficiencies
Wherever possible, attend contract Project kickoff meetings to elevate and refine handoffs, CBS information exchanges and efficient access to relevant data
Responsible for reviewing and enhancing engagement accounting and billing policies, and desktop procedures for GPS
Oversee interim and final vouchers for T&M, FP, and Cost reimbursable contracts in accordance with contract terms and conditions
Monitor year end indirect rate adjustment vouchers in accordance with the FAR
Work with engagement managers to ensure vouchers are current, accurate and complete
Monitor AR and cash application activity and enforce payments against vouchers issued
Prepare periodic internal financial and external regulatory reporting
Oversee and review ASC 606 revenue recognition process and implementation
Mold and transform Engagement Accounting and Billing Teams, prioritizing efficiency and accuracy
Oversee weekly subperiod close process and associated revenue and billing reviews
Participate in development and review performance of individuals on the GPS Engagement Accounting and Billing teams, guiding them through their careers at EY
Ensure compliance with FAR and FAR supplemental regulations applicable to US government contracts and the accounting system in particular
Lead and brief special accounting projects
Support and oversee internal and external audits
Skills and attributes for success
Analytical and problem-solving skills which allow for strategic data interpretation versus simple reporting
Ability to work with a diverse and geographically distributed team
Thorough understanding of revenue recognition methods
Excellent oral and written communication skills
Superior attention to detail
Ability to learn and apply of firm policies and procedures quickly
Ability to build and foster internal and external relationships
Ability to adjust quickly and adapt to changing priorities
Strong organizational skills
To qualify for the role, you must have
A Bachelor’s degree in Accounting, Finance, Business Administration, or related field, or equivalent experience
12+ years of relevant accounting / finance experience in a government contracting environment
7+ years working in a leadership capacity in an accounting / finance function
Experience billing using Deltek Costpoint and Cognos Reporting tool.
Working knowledge of FAR Part 31
High degree of proficiency with Microsoft Office Suite, including Excel, Word, Power Point
The ability to obtain a security clearance
Ideally, you’ll also have
Experience supporting preparation of incurred cost submissions
Experience with accounting system audit by DCAA
What we offer
We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $123,600 to $238,000. The salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $148,400 to $270,500. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
EY accepts applications for this position on an on-going basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
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EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.
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