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Woodward Niles, IL Full-Time
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Position Purpose:

This position reports to the Group Manager Government Accounting and supports incorporating government contracting requirements into the business process.

Essential Functions:

  • Ensures the business process for capturing, recording and summarizing financial/cost transactions comply with Federal Acquisition Regulations (FAR), and supplemental regulations as necessary, and Cost Accounting Standards (CAS).
  • Prepare and maintain the Company's Disclosure Statement(s), and supporting audits of the Disclosure Statement(s).
  • Oversee the preparation, submission and negotiation of Forward Pricing Rate Agreements and the annual incurred cost submission to ensure compliance with all applicable regulations (FAR, CAS, etc.). Monitor direct rates, indirect rates, and factors for changes that would require supplemental disclosure and negotiation of new rates with appropriate government agencies.
  • Serves as primary point of contact with Defense Contract Audit Agency (DCAA) auditors.
  • Prepares and coordinates responses to DCAA audits and System Reviews.

Other Functions:

  • Provide support to business process owners to help ensure they understand the implication of government regulations in their business area
  • Provide conceptual application of regulation to commercial business operations
  • Perform special projects and analyses as directed by Woodward Finance Management
  • Coordinate, support, and assist in audits performed by Woodward Internal Audit

Working Environment / Physical Activities:

  • Ordinary office, manufacturing, field or warehouse working conditions.


  • Demonstrated strong knowledge of government contract accounting regulations (e.g. FAR, DFARS, CAS).
  • Understanding ofthe business environment.
  • Strong project management skills, interpersonal skills and written/oral communication skills.
  • Ability to analyze complex information and present the findings in a simple manner.
  • Ability to analyze, research, and defend the segment/company's position regarding compliance with government accounting regulations.
  • Sound attention to detail and excellent analytical skills.
  • Ability to manage multiple tasks and meet deadlines.
  • Exhibits a service oriented mentality.
  • Innovative thinking and ability to effectively influence and/or drive appropriate change.
  • Ability to effectively interact with all levels in the organization.
  • Proficiency in large fully integrated accounting systems (e.g. Oracle, SAP).
  • Knowledge of DCAA audit procedures and methods.

Education or Formal Training:

  • BS/BA degree in Accounting, Finance, or Economics required
  • CPA, CMA and/or MBA desired

Experience Required:

  • Minimum of 7 years experience in government contract cost accounting
  • Experience in working with DCAA auditors preferred
  • Experience leading simple to complex financial projects
  • Experience in the aerospace and defense industry  

    Woodward is an independent designer, manufacturer, and service provider of control solutions for the aerospace and energy markets. Our aerospace systems and components optimize the performance of fixed wing and rotorcraft platforms in commercial, business and military aircraft, ground vehicles and other equipment. Our energy-related systems and components enhance the performance of industrial gas and steam turbines, reciprocating engines, compressors, wind turbines, electrical grids and other energy-related industrial equipment. The company’s innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products.
    Woodward is an Equal Opportunity Employer
    EO/AA/M/F/Disabled/Protected Veterans

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR).   All applicants must be U.S. persons within the meaning of ITAR and EAR, or possess all required authorizations from the U.S. Department of State Department and the U.S. Department of Commerce.   ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Recommended skills

Internal Auditing
Master Of Business Administration (Mba)
Accounting Systems
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Job ID: 2001044

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