Sr. Manager, Accounting at KBR, Inc.

Houston, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

US GAAP Application, US Government Contracting, Financial Management Oversight, Balance Sheet Management, Monthly Close Processes, Variance Analysis, Cash Flow Maximization, Revenue Recognition, Accrual Entries, Joint Venture Accounting, Internal Controls, SOX Compliance, Lease Accounting, Foreign Currency Issues, Cost Accounting Standards, Project Management

Industry

IT Services and IT Consulting

Description

Title: Sr. Manager, Accounting KBR — Delivering Solutions, Changing the World. KBR is a global leader in delivering technology-driven, mission-critical, and sustainable solutions that truly matter. For over a century, we have powered bold missions across defense, space, industry, and government through our two core business lines Mission Technology Solutions and Sustainable Technology Solutions. With nearly 38,000 talented people operating in more than 80 countries, we thrive on a culture built on safety, integrity, and teamwork. At KBR, we empower our people to solve the world’s toughest challenges and create lasting value for communities and the planet. We don’t just deliver results, we deliver game-changing solutions, innovative technology, deep domain expertise, and cutting-edge technologies. Position Description: KBR is seeking a Sr. Manager, Accounting within its Mission Technology Solutions (MTS) segment. The position will provide financial management oversight and support and lead key finance initiatives to drive value within the segment. The ideal candidate is one who has relevant work experience with application of US GAAP and US government contracting, takes ownership, and succeeds working in a globally matrixed organization. The position will report directly to the MTS Segment CAO with matrix reporting to Business Operations Finance. Job Responsibilities: As the custodian of the BU financial statements, this position is responsible for maintaining accurate accounting records in accordance with US GAAP and KBR Accounting policies and procedures. Own and develop precise awareness of all elements on the BU balance sheet and incorporate into proper period recognition, impairment assessments, account reconciliations, and support. Manage monthly close processes and coordinate efforts across BU Financial Planning & Analysis (FP&A), Project Planning & Control (PP&C), and BU Controller teams. Closely coordinate with BU FP&A and PP&C teams in reviewing management reports and preparing and reviewing variance analyses; review budgets, forecasts, and identified risks and opportunities for alignment with accounting positions; improve provision of insightful information and commercial support to help drive decision-making. In coordination with Business Operations Finance, ensure efficient and effective management of BU receivables and payables to maximize cash flow within the BU. Lead the periodic financial statement reviews for the BU in close coordination with Segment CAO and KBR Corporate Accounting. Identify, evaluate, recommend, and document technical and judgmental accounting matters engaging Business Operations Finance and Segment CAO for prompt resolution and alignment. Review Revenue Recognition Evaluation Templates and Memos maintaining well-defined processes to ensure compliance with our SOX controls around revenue recognition in coordination with the Segment CAO and KBR Technical Accounting. Analyze, review, and approve monthly and quarterly accrual entries, especially as they relate to significant subcontractor accruals. Manage the accounting for BU joint ventures. Maintain oversight of petty cash accounts and employee receivables, where applicable. Ensure compliance with the backlog and remaining performance obligation policy; ensure backlog review and reporting process is completely and accurately adhered to; where significant judgements are made to arrive at the reported backlog, ensure such judgements are properly and timely documented and elevated for proper review. Track and manage BU unallowable cost reserves, incurred cost proposal accruals, legal reserves, and claims; ensure proper documentation for reserves and claims and, where applicable, review unique items with Segment CAO. Responsible for the successful development, enhancement, and maintenance of internal controls at the BU level in coordination with Segment SOX team; ensure compliance with all BU SOX requirements including proper documentation of all BU financial processes and controls. Ensure the statutory financial statements of legal entities assigned to the BU, if applicable, are maintained in accordance with both US GAAP and local statutory reporting standards. In coordination with the Segment CAO and Government Compliance, ensure continued compliance with the applicable Federal Acquisition Regulation, Cost Accounting Standards, and Defense Federal Acquisition Regulation Supplement. Coordinate with Government Compliance and Segment CAO in the review of BU revenue impacts on indirect rate variances and communicating recommendations on updated target indirect rates as they impact BU revenue recognition within the year. As BU lease accounting champion, perform reviews of new lease arrangements and review monthly reconciliations between GL and lease accounting application. Partner with BU bid & proposal team to provide technical accounting and cashflow modeling support. Coordinate with Segment CAO and Corporate Accounting to design and maintain accounting processes and tools to enable effective and efficient accounting outcomes with a focus on maximizing repeatable processes and tools used across KBR. Identify and coordinate with the Treasury department on foreign currency issues or exposures. Coordinate with the Tax department to ensure proper application of foreign and domestic tax requirements; submit quarterly/BU branch taxes as required. Coordinate with Internal and External audit and Government Compliance teams for timely response to all audit requests. Requirements: Minimum 7+ years accounting experience in a senior accounting role with operational accounting experience; 5+ years in a leadership or management role required; public accounting experience preferred. Industry experience in US Government contracting. Undergraduate degree in accounting required. CPA or equivalent preferred. Knowledge of Costpoint and Cognos (Oracle FCCS experience preferred). Strong interpersonal and communication skills. Self-motivated and self-directed; expected to take initiative to research issues and provide solutions. Impeccable analytical, problem solving, project management, and organizational skills. Proven leader who has demonstrated that they can lead and mentor a geographically diverse team providing direct training and coaching to enhance accounting acumen within the BU Controllership organization. Ability to partner/work closely with project and business unit leadership to promote strong business performance and achievement of business unit goals. Ability to travel to other KBR offices primarily located in the United States. Additional Compensation: KBR may offer bonuses, commissions, or other forms of compensation to certain job titles or levels per internal policy or contractual designation. Additional compensation may be in the form of a sign-on bonus, relocation benefits, short-term incentives, long-term incentives, or discretionary payments for exceptional performance. Benefits: KBR offers a selection of competitive lifestyle benefits, which could include a 401K plan with company match, medical, dental, vision, life insurance, AD&D, flexible spending account, disability, paid time off, or flexible work schedule. We support career advancement through professional training and development. Belong, Connect and Grow at KBR At KBR, we are passionate about our people and our Zero Harm culture. These inform all that we do and are at the heart of our commitment to, and ongoing journey toward being a People First company. That commitment is central to our team of team’s philosophy and fosters an environment where everyone can Belong, Connect and Grow. We Deliver – Together. KBR is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, disability, sex, sexual orientation, gender identity or expression, age, national origin, veteran status, genetic information, union status and/or beliefs, or any other characteristic protected by federal, state, or local law.

Responsibilities

This role is responsible for maintaining accurate financial statements in compliance with US GAAP and KBR policies, owning balance sheet elements, and managing the monthly close process across various finance teams. The manager will also review management reports, coordinate cash flow management, and lead financial statement reviews for the Mission Technology Solutions segment.