• Cost Acct & Gov Compliance Lead

    Job Location US-MA-Cambridge
    Posted Date 1 month ago(9/11/2018 10:33 AM)
    Requisition ID
  • Overview

    Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 1,700 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.


    Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.



    Equal Employment Opportunity

    Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer.   We understand the value of diversity and its impact on a high-performance culture.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.   


    Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.


    Department Summary:

    This position is part of a 40-member Finance organization that directs the accounting, financial planning, treasury, government compliance, and administrative support functions for Draper. This important role reports to the Senior Manager of Cost Accounting/Government Compliance and will provide critical support to the business in various compliance-related areas.


    Job Summary:

    The incumbent will provide leadership in all areas of government compliance.  The position will be required to interface with a variety of departments/areas including Accounting, Internal Audit, Contracts, Procurement, Property, Billing, Financial Planning and Analysis, Programs, Engineering, Legal, etc.  The right candidate is a highly motivated, energetic, and experienced individual who will have significant impact on Draper in reviewing and updating policies and procedures to ensure compliance with Government regulations as well as Draper’s business practices. 



    • Develop, implement and maintain government accounting, estimating, and billing policies and procedures that comply with Federal Acquisition Regulation (FAR), FAR Supplements, Cost Accounting Standard (CAS) and Defense Contract Audit Agency (DCAA) guidelines
    • Assist with government cost accounting compliance, indirect rate development, forward pricing rate management, incurred cost proposal submission, cost allowability, cost impact proposals, and cost estimation compliance
    • Provide Government Accounting expertise in support of preparation and submission of:
      • Incurred Costs Submission (ICS)
      • Forward Pricing Rate Proposals (FPRP)
      • Contract Bid Proposals
      • Cost Impact proposals
    • Maintain CASB Disclosure Statement including:
      • Monitor accounting practices for potential change
      • Recommend required updates
      • Update disclosure statement
    • Provide meaningful interpretation of rate impacts on financial results
    • Participate in ongoing training and maintain current knowledge on FAR, FAR Supplements, CAS, and DCAA accounting compliance
    • Develop, coordinate, and/or conduct compliance-related training as needed
    • Ensure adherence to pertinent regulatory requirements and to departmental/company policies, practices, and procedures
    • Assist in review and classification of non-sponsored projects
    • Create and maintain critical policy and procedure documentation rated to compliance matters
    • Perform all other related duties as assigned


    • Education: Bachelor’s Degree (B.A./B.S.) or equivalent in Accounting, Finance, Business, Law or related discipline
    • Experience:
      • 5 or more years of finance/accounting experience with US Federal contracting
      • An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above
    • Certification/Licensure: None
    • Other: 
      • Work experience with or for the DCAA and/or DCMA (or other evidence of in-depth knowledge and understanding of FAR and CAS requirement) preferred  
      • Knowledge of database structures for data extraction from PeopleSoft; advanced Excel skills needed
      • Strong oral and written communication skills necessary, as is ability to cultivate critical inter- and intra-departmental working relationships, foster an environment of cooperation and trust and effectively meet deadlines while providing a high level of customer service
      • A demonstrated ability to be proactive and forward thinking in a fast-paced environment is also required


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