Manager, Time Charging Compliance

Job Location US-MA-Cambridge
Posted Date 1 month ago(3/25/2024 7:37 AM)
Requisition ID
2024-8086

Overview

Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 2,000+ 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.

Responsibilities

Draper is seeking a Manager of Time Charging Compliance, reporting directly the Chief Financial Officer. This role is instrumental in overseeing and optimizing Draper’s charging practices and ensuring compliance with laws, regulations, internal policies and procedures. This is a crucial role for optimizing efficiency and safeguarding against legal and regulatory risks related to charging practices as well as ensuring ethical standards and compliant business operations.

 

Responsibilities:

 

• Serve as a strategic business partner to Draper leadership, compile and analyze data related to charging and provide insights to support strategic decision making
• Monitor and analyze charging practices to ensure accuracy, consistency and compliance with company policies
• Inform CFO of policy compliance gaps, or internal control issues, and recommend/assist in the implementation of proposed solutions
• Develop new and update existing internal charging policies in line with how the business evolves in alignment with regulatory requirements, industry standards, and Draper’s established Cost Accounting Standards Disclosure Statement
• Conduct regular surveillance reviews and selected audits to ensure adherence to expense policies and budgetary guidelines
• Generate regular reports for management highlighting trends, discrepancies, and areas for improvement
• Remain informed about relevant laws, company policies, and industry best practices related to charging
• Develop and deliver training to educate employees on charging compliance requirements
• Coordinate with functional operational assurance owners on identified processes
• Collaborate across Finance and with Internal Audit, Human Resources, Legal, General Ledger, and Government Compliance on updates to policies and procedures
• Offer support and guidance to resolve issues and inquiries related to charging practices
• Support financial initiatives/special projects
• Perform all other related duties as assigned

 

 

Qualifications

Qualifications

 

Required Qualifications:  

  • Education: Bachelor’s Degree (B.A./B.S.) or equivalent in Business, Finance, or a related field

Experience:

  • At least 8 years of defense contracting experience, including at least 3 years of proven experience in charging practice management

Skills:

  • Strong analytical skills and proficiency in data analysis
  • 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.
  • Detail-oriented with a commitment to accuracy and compliance
  • Proficient in Microsoft Office Suite
  •  

Preferred Qualifications:  

  • Knowledge of database structures for data extraction from Enterprise Resource Planning (ERP) platforms; advanced Excel skills needed
  • Familiarity with Government regulations preferred (FAR, DFARS, CAS, OMB)
  • A demonstrated ability to be proactive and forward thinking in a fast-paced environment
  •  

 

Security Requirement:    

  • Applicants selected for this position will be required to obtain and maintain a government security clearance. 

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