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Government Accounting Specialist II

2 months ago


Niles, Illinois, United States Woodward Full time
Woodward's Commitment to Diversity, Inclusion, and Belonging


At Woodward, we believe that every individual, regardless of their background, appearance, or identity, deserves the chance to achieve their fullest potential.

We are committed to fostering an environment that embraces diversity and inclusivity, recognizing that this journey will have its challenges. However, we are dedicated to harnessing the strengths of diverse perspectives and experiences to attract top talent and cultivate a rewarding workplace for everyone.


Woodward prioritizes the well-being of our members and consistently benchmarks against industry standards to provide a comprehensive Total Reward package for this role.

Estimated annual base pay:
$79,100.00 (midpoint) - $118,900.00
All members are eligible for cash bonus opportunities
401(k) match (4.5%)
Annual stock contribution (5%)
Tuition reimbursement and professional development opportunities for all members
12 paid holidays, including floating holidays
Leading medical, dental, and vision insurance upon hire
Vacation, sick time, vacation buy-up, short-term disability, and bereavement leave
Paid parental leave
Adoption assistance
Employee assistance program, including mental health benefits
Life and AD&D insurance, long-term disability, and optional life insurance
Referral bonuses
Optional insurance for spouses and children, as well as flexible spending accounts for healthcare and dependent care

Role Overview

If you are a Government Accountant, we have an exciting opportunity for you. This position is responsible for integrating a wide range of government contracting requirements into our business processes. Your main duty will be to ensure compliance with financial reporting, disclosures, and other government contract accounting functions. This role encompasses significant government accounting responsibilities across multiple locations.

Key Responsibilities

- Ensure that the processes for capturing, recording, and summarizing financial transactions adhere to Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS).
- Prepare and maintain the Company's Disclosure Statement(s) and support audits related to these statements.
- Oversee the preparation, submission, and negotiation of Forward Pricing Rate Agreements and annual incurred cost submissions to ensure compliance with all relevant regulations.
- Monitor direct and indirect rates, identifying changes that necessitate supplemental disclosures and negotiations with government agencies.
- Act as the primary finance liaison with government organizations, including the Defense Contract Audit Agency (DCAA), regarding forward rates, disclosure statements, and other inquiries.
- Prepare and coordinate responses to DCAA audits and system reviews.
- Provide compliance oversight for applicable DFARS business systems.
- Offer project controls support for specific contracted programs.

Qualifications

- 2-5 years of accounting and financial experience, including progressively complex assignments.
- Experience working with DCAA/DCMA auditors is preferred.
- Experience leading financial projects of varying complexity is preferred.
- Background in the aerospace and defense industry is preferred.
- Bachelor's degree in Accounting or Finance (or equivalent) is required.
- Advanced credentials such as an MBA or CPA are a plus.

This position requires access to information subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons as defined by ITAR and EAR regulations. Woodward is an Equal Opportunity Employer.

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