Ernst & Young Advisory Services Sdn Bhd
Government and Public Sector Indirect Rates - Associate Director
Ernst & Young Advisory Services Sdn Bhd, Mc Lean, Virginia, us, 22107
Government and Public Sector Indirect Rates - Associate Director
Location: McLean
Other locations: Anywhere in Country
Overview
The Government and Public Sector ("GPS") Indirect Rates Associate Director will report to the GPS Director, Controller & Rates Leader. This leadership role is responsible for guiding the team that prepares indirect rates and serves as a trusted advisor to both GPS and Firm leadership.
The Opportunity
In this role, you will lead the development of indirect rates, direct rates, and home office allocations for the Government and Public Sector (GPS) business within EY, ensuring compliance with Federal Acquisition Regulation (FAR) and Cost Accounting Standard (CAS), and other related regulations. You will prepare Forward Pricing Rate Proposals (FPRPs) based on planning, including 5-year projections, track and monitor rates throughout the fiscal year, update forecasts, prepare Provisional Billing Rates (PBRs) and Direct Labor Bid Rates (DLBRs), and lead the preparation of annual Incurred Cost Submissions (ICS) along with internal and external reporting requirements.
Your Key Responsibilities
Lead the full lifecycle of rates from rate model design to regulatory submission, internal presentations, and audits, ensuring compliance and accuracy.
Lead the development and maintenance of compliant indirect rates, including intermediate pools, GPS Service Center allocations, and GPS Direct Labor Bid Rates. Develop models in support of the same
Develop and maintain DLBR, Indirect Rate, and Home Office allocation Basis of Estimates (BOEs), and related policies and procedures, combined with adequate supporting documentation in keeping with audit requirements
Work across the GPS Finance team to ensure the Cost Estimating System requirements outlined in DFARS 252.215-7002 are met and institutionalized within EY’s GPS practice
Support and partner with GPS Pricing for pricing related needs to ensure coherence of Estimating Manual across Budgeting/Planning, Rate Development and Pricing domains
Partner with GPS Finance to leverage existing plan process and/or develop modified plan process and timeline that will produce outputs suitable creation of indirect rates and direct labor bid rates for GPS
Ensure GPS and Home Office CASB Disclosure Statements accurately reflect EY GPS’s rate structure and Home Office allocations for a given fiscal year
Support GPS Controlling in preparation of various journal entries, including supporting documentation for rate related components
Lead the budget vs actuals reporting for Indirect Rates
Lead the calculation and application of Partner Proxy
Lead the calculation and application of regulatory compensation caps
Work with GPS general ledger team to ensure financial architecture reflected in Costpoint accurately reflects GPS’s disclosed rate structure. This role is responsible for tying out actuals reported in the accounting system Statement of Indirect Expenses (SIE) with reported rates.
Establish and maintain cadence for review of rate results and variances to provisional rates.
Work as part of team to develop repeatable processes for planning, indirect rate and DLBR development, and documentation of these processes
Support integration of acquisition financials into GPS rate structure.
Support Firm and GPS leadership as a trusted advisor
Work closely with the GPS Compliance organization to ensure Compliant rate reporting
Work with GPS Finance Global / Home Office allocation SMR to incorporate non-GPS allocations into GPS indirect rates
Develop and document repeatable processes to be used annually for DLBR development
Lead scenario modeling and recommendations based on findings
Skills and attributes for success
Excellent oral, written, and interpersonal skills with the ability to communicate effectively with all levels of management and external regulators
Self-starter and self-motivated
Ability to assist team to ensure timely and accurate submissions
Able to successfully manage competing priorities
Ability to influence others without relying on direct authority
Work with relevant internal teams to ensure timely and reliable availability of data to support internal and external rate reporting
Strong analytical skills which enable clear interpretation of indirect rate drivers and development of corrective action plans
Strong discretion regarding areas to address individually vs. those requiring escalation and comfort level with making decisions and judgment calls
Ability to identify gaps in rate related needs, whether internal or regulatory, and ability to implement changes for gap remediation
Focus on continuous process improvements to gain efficiency and clarity around rate development.
Ability to understand Firm Financial systems to support firm reporting and accounting needs outside of Costpoint.
Ability to develop training material and facilitate training sessions to team members and other stakeholders to ensure full understanding of rate concepts
Ability to understand rate impacts as they relate to pricing and billing
A Bachelor’s degree in Accounting, Finance, or related field; advanced degree in business, information systems or data analytics preferred; CPA preferred
A minimum of 10+ years of relevant indirect rate experience in a government contracting environment
A minimum of 3-5 years working in an autonomous role with responsibility for indirect rates in a government contractor.
In depth experience with indirect rates and related CAS and FAR criteria to ensure regulatory compliance, including deep understanding of DFARS Estimating System criteria.
In depth experience with building and supporting Incurred Cost Submissions (ICS)
Experience supporting rate related audits by the Defense Contract Audit Agency (DCAA)
Ability to support and influence rate structure decisions backed by data.
In-depth knowledge of Deltek Costpoint – in particular, data architecture and structures that pertain to indirect rate management (i.e. Chart of Accounts, Orgs, Projects and PAGs)
Experience with Costpoint pool structures and service center allocation functionality, and statement of indirect expenses (SIE).
Experienced leader with expertise of general accounting and indirect rate management best practices
High degree of proficiency with Microsoft Office Suite, including Excel, Word, Power Point
Experience with data conversions, business combinations or acquisitions, as related to indirect rate management
Extensive experience reporting rate results and variance from plan, with responsibility to identify key drivers and develop corrective action plan
Experience in a highly dynamic environment requiring partnership with numerous stakeholders both internal and external
Develop dashboards and KPIs for rate performance
Ability to travel up to 10%
Ideally, you'll also have
Experience leading a government sector pricing or rates team
Experience in project financial metrics and the impact of indirect rates, and rate changes, on project economics.
Experience working in a Big 4 accounting firm, or other highly matrixed environment requiring a high degree of adeptness at balancing the needs of numerous equivalent stakeholders
Ability to obtain and maintain a government security clearance, if required
What we offer you
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 base 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.
Are you ready to shape your future with confidence? Apply today.
EY accepts applications for this position on an on-going basis.
EY provides 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.
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at ssc.customersupport@ey.com .
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Other locations: Anywhere in Country
Overview
The Government and Public Sector ("GPS") Indirect Rates Associate Director will report to the GPS Director, Controller & Rates Leader. This leadership role is responsible for guiding the team that prepares indirect rates and serves as a trusted advisor to both GPS and Firm leadership.
The Opportunity
In this role, you will lead the development of indirect rates, direct rates, and home office allocations for the Government and Public Sector (GPS) business within EY, ensuring compliance with Federal Acquisition Regulation (FAR) and Cost Accounting Standard (CAS), and other related regulations. You will prepare Forward Pricing Rate Proposals (FPRPs) based on planning, including 5-year projections, track and monitor rates throughout the fiscal year, update forecasts, prepare Provisional Billing Rates (PBRs) and Direct Labor Bid Rates (DLBRs), and lead the preparation of annual Incurred Cost Submissions (ICS) along with internal and external reporting requirements.
Your Key Responsibilities
Lead the full lifecycle of rates from rate model design to regulatory submission, internal presentations, and audits, ensuring compliance and accuracy.
Lead the development and maintenance of compliant indirect rates, including intermediate pools, GPS Service Center allocations, and GPS Direct Labor Bid Rates. Develop models in support of the same
Develop and maintain DLBR, Indirect Rate, and Home Office allocation Basis of Estimates (BOEs), and related policies and procedures, combined with adequate supporting documentation in keeping with audit requirements
Work across the GPS Finance team to ensure the Cost Estimating System requirements outlined in DFARS 252.215-7002 are met and institutionalized within EY’s GPS practice
Support and partner with GPS Pricing for pricing related needs to ensure coherence of Estimating Manual across Budgeting/Planning, Rate Development and Pricing domains
Partner with GPS Finance to leverage existing plan process and/or develop modified plan process and timeline that will produce outputs suitable creation of indirect rates and direct labor bid rates for GPS
Ensure GPS and Home Office CASB Disclosure Statements accurately reflect EY GPS’s rate structure and Home Office allocations for a given fiscal year
Support GPS Controlling in preparation of various journal entries, including supporting documentation for rate related components
Lead the budget vs actuals reporting for Indirect Rates
Lead the calculation and application of Partner Proxy
Lead the calculation and application of regulatory compensation caps
Work with GPS general ledger team to ensure financial architecture reflected in Costpoint accurately reflects GPS’s disclosed rate structure. This role is responsible for tying out actuals reported in the accounting system Statement of Indirect Expenses (SIE) with reported rates.
Establish and maintain cadence for review of rate results and variances to provisional rates.
Work as part of team to develop repeatable processes for planning, indirect rate and DLBR development, and documentation of these processes
Support integration of acquisition financials into GPS rate structure.
Support Firm and GPS leadership as a trusted advisor
Work closely with the GPS Compliance organization to ensure Compliant rate reporting
Work with GPS Finance Global / Home Office allocation SMR to incorporate non-GPS allocations into GPS indirect rates
Develop and document repeatable processes to be used annually for DLBR development
Lead scenario modeling and recommendations based on findings
Skills and attributes for success
Excellent oral, written, and interpersonal skills with the ability to communicate effectively with all levels of management and external regulators
Self-starter and self-motivated
Ability to assist team to ensure timely and accurate submissions
Able to successfully manage competing priorities
Ability to influence others without relying on direct authority
Work with relevant internal teams to ensure timely and reliable availability of data to support internal and external rate reporting
Strong analytical skills which enable clear interpretation of indirect rate drivers and development of corrective action plans
Strong discretion regarding areas to address individually vs. those requiring escalation and comfort level with making decisions and judgment calls
Ability to identify gaps in rate related needs, whether internal or regulatory, and ability to implement changes for gap remediation
Focus on continuous process improvements to gain efficiency and clarity around rate development.
Ability to understand Firm Financial systems to support firm reporting and accounting needs outside of Costpoint.
Ability to develop training material and facilitate training sessions to team members and other stakeholders to ensure full understanding of rate concepts
Ability to understand rate impacts as they relate to pricing and billing
A Bachelor’s degree in Accounting, Finance, or related field; advanced degree in business, information systems or data analytics preferred; CPA preferred
A minimum of 10+ years of relevant indirect rate experience in a government contracting environment
A minimum of 3-5 years working in an autonomous role with responsibility for indirect rates in a government contractor.
In depth experience with indirect rates and related CAS and FAR criteria to ensure regulatory compliance, including deep understanding of DFARS Estimating System criteria.
In depth experience with building and supporting Incurred Cost Submissions (ICS)
Experience supporting rate related audits by the Defense Contract Audit Agency (DCAA)
Ability to support and influence rate structure decisions backed by data.
In-depth knowledge of Deltek Costpoint – in particular, data architecture and structures that pertain to indirect rate management (i.e. Chart of Accounts, Orgs, Projects and PAGs)
Experience with Costpoint pool structures and service center allocation functionality, and statement of indirect expenses (SIE).
Experienced leader with expertise of general accounting and indirect rate management best practices
High degree of proficiency with Microsoft Office Suite, including Excel, Word, Power Point
Experience with data conversions, business combinations or acquisitions, as related to indirect rate management
Extensive experience reporting rate results and variance from plan, with responsibility to identify key drivers and develop corrective action plan
Experience in a highly dynamic environment requiring partnership with numerous stakeholders both internal and external
Develop dashboards and KPIs for rate performance
Ability to travel up to 10%
Ideally, you'll also have
Experience leading a government sector pricing or rates team
Experience in project financial metrics and the impact of indirect rates, and rate changes, on project economics.
Experience working in a Big 4 accounting firm, or other highly matrixed environment requiring a high degree of adeptness at balancing the needs of numerous equivalent stakeholders
Ability to obtain and maintain a government security clearance, if required
What we offer you
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 base 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.
Are you ready to shape your future with confidence? Apply today.
EY accepts applications for this position on an on-going basis.
EY provides 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.
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at ssc.customersupport@ey.com .
#J-18808-Ljbffr