Government and Public Sector Indirect Rates Associate Director

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 EYs 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 for creation of indirect rates and direct labor bid rates for GPS
• Ensure GPS and Home Office CASB Disclosure Statements accurately reflect EY GPSs 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 values that estimate compensation of Partners
• Lead the calculation and application of regulatory compensation caps
• Work with GPS general ledger team to ensure financial architecture reflected in Costpoint accurately reflects GPSs 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

To qualify you must have

• A Bachelors 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 youll 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