Federal Government Accounting & Finance Senior Manager (Washington, DC)
Philips
Job Summary
As the Federal Government Accounting & Finance Senior Manager, you will oversee compliance with accounting and financial reporting requirements for all government contracts, including federal supply schedules, grants, and contracts. Your role involves maintaining a strong understanding of government accounting regulations, developing internal control systems, and ensuring adherence to standards like FAR, DFARs, CAS, and DCAA guidelines. You will prepare financial reports, support audits, provide guidance to staff, and serve as the primary contact for government agencies on accounting compliance matters.
Must Have
- Maintain strong understanding of government accounting regulations, internal policies and procedures
- Address compliance issues and respond to inquiries from internal teams, customers, and regulatory agencies
- Develop and maintain internal control systems for accurate financial reporting
- Monitor regulatory changes and update organizational policies and procedures
- Ensure adherence to FAR, DFARs, CAS, and DCAA guidelines
- Prepare and review financial reports for accuracy and compliance
- Support external and government contract audits
- Assist in evaluating impact of new pricing and contracting strategies
- Provide guidance and training on government accounting regulations
- Collaborate with cross-functional teams for organization-wide compliance
- Conduct periodic reviews of internal processes and implement corrective actions
- Serve as primary point of contact for government agencies and auditors
- 12+ years of experience as a government cost accounting compliance manager with a Bachelor's Degree or 8+ years with a Master's Degree
- Expert knowledge of FAR, CAS, CFR 200, grants, cost-type awards, and Truthful Cost or Pricing requirements
- Proficient working with GSA, DCAA, and DCMA
- Effective communicator with ability to advise and collaborate
- Strong analytical and problem-solving skills
- Expert with MS Excel
Perks & Benefits
- Generous PTO
- 401k (up to 7% match)
- HSA (with company contribution)
- Stock purchase plan
- Education reimbursement
Job Description
Job Title
Federal Government Accounting & Finance Senior Manager (Washington, DC)
Job Description
As the Federal Government Accounting & Finance Senior Manager, you will be responsible for oversight of compliance with the accounting and financial reporting requirements for all government contracts including federal supply schedule, grants and contracts.
Your role:
- Maintain a strong understanding of government accounting regulations, internal policies and procedures, while proactively addressing compliance issues and responding to inquiries from internal teams, customers, and regulatory agencies. Develop and maintain internal control systems to ensure accurate, complete and reliable financial reporting and monitor regulatory changes to keep organizational policies and procedures up to date. Ensure adherence to applicable government accounting standards, including the Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulations (DFARs), Cost Accounting Standards (CAS), and Defense Contract Audit Agency (DCAA) guidelines.
- Prepare, and review financial reports and statements to ensure accuracy and compliance with government accounting regulations, and advising others on same, as appropriate. Support external and government contract audits by gathering and providing required documentation and information. Assist in evaluating the impact of new pricing and contracting strategies on government pricing calculations
- Provide guidance and training to finance and accounting staff on government accounting regulations and compliance requirements. Collaborate with cross‑functional teams to maintain organization‑wide compliance and conduct periodic reviews of internal processes to identify improvement opportunities and implement corrective actions. Serve as the primary point of contact for government agencies and auditors on accounting compliance matters.
You're the right fit if:
- You’ve acquired 12+ years of experience as a government cost accounting compliance manager (or similar role for a government contractor) with a Bachelor's Degree in Finance or Accounting, Economics, Business Administration or equivalent or 8+ years of the same experience with a Masters’ Degree.
- Your skills include expert knowledge of the FAR, CAS, and Code of Federal Regulations (CFR) 200, as well as grants and cost‑type awards and Truthful Cost or Pricing requirements. Additionally, you are proficient working with government audit agencies, including the General Services Administration (GSA), DCAA, and Defense Contract Management Agency (DCMA).
- You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
- You’re an effective communicator with the ability to advise, and collaborate across departments, teams and at all levels. You also possess strong analytical and problem-solving skills and are an expert with MS Excel (required).
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
This is an office role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality of healthcare that we all deserve. Do the work of your life to help improve the lives of others.
- Learn more about our business.
- Discover our rich and exciting history.
- Learn more about our purpose.
- Learn more about our culture.
Philips Transparency Details
The pay range for this position in Washington DC is $163,000 to $259,000.
The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives, may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Washington DC.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.