1+ months

Director 2, Government Accounting

Sodexo
Cheektowaga, NY 14227

Unit Description

Sodexo has a new opening for a Director 2, Government Accounting Finance Shared Services at our office in Cheektowaga, NY. (This position is vacant as a result of the VRO offer.)

 

The Director 2 is responsible for general accounting and financial reporting, cost accounting, auditing, budget and forecasting, and systems for the Government Segment; Leads a team of accounting professionals in the Buffalo Corporate Office; Works in partnership with segment leadership to execute its business strategy; Collaborates with other finance workstream leaders and department managers on day-to-day activities as needed; and is a key member of the North American Finance Shared Services Leadership Team.

 

Core Competencies Needed

  • Strong knowledge of accounting technical standards & skills (IFRS, US GAAP, FAR)
  • Managing multiple priorities, project oversight & management
  • Advanced financial acumen with ability to interpret, analyze, and explain financial information
  • Managing federal government compliance for Sodexos contracts with the Federal Government
  • Strategic leadership & relationship building with a team collaboration mindset
  • Negotiation & communication skills at advanced level
  • Talent management & employee supervision, diversity awareness/sensitivity

General Responsibilities

  • Review and analyze financial statements and data, and other appropriate financial information to monitor attainment of financial goals.
  • Manage Key Result Indicators (KRI's).
  • Manage costs through effective cost containment/reduction strategies and control of overhead spending.
  • Provide management with recommendations for action and/or modifications to financial procedures, plans, and controls.
  • Lead and coordinate general accounting and financial reporting, cost accounting, auditing, budgeting, and forecasting, and systems in support of the Government Business Segment.
  • Ensure that budgets and financial performance are in accordance with business strategic initiatives.
  • Ensure that assets, liabilities, revenues, and operating expenses are accurately reported, accounted for and conform with Federal Acquisition Regulations, IFRS, GAAP, and Company accounting policies.
  • Lead and manage a team of 7 accounting professionals in support of the Government Segment.

 Department Finance Duties    

  • Manage department financial forecasting, statistical reports, and expense/labor tracking.
  • Lead department initiatives and support cross-functional projects.
  • Assess and implement continuous improvement to streamline monthly close and annual reporting requirements. Validate transactional and master data and recommend/implement solutions to correct and eliminate validation exceptions.
  • Develop and maintain planning and budgeting systems, including analysis and interpretation of trends.
  • Plan, direct, and coordinate ledger maintenance, report preparation, and operation/financial statistics for the Government Segment.
  • Prepare general ledger account or legal entity variance analysis and reconciliations for Government related accounts, as required.
  • Assist in the monthly, quarterly, and year-end close process to ensure accuracy and integrity of results at the unit/district/region/segment level.
  • Analyze, develop, document, and implement departmental accounting policies, procedures, and systems, and make recommendations for improvement.
  • Ensure internal control and compliance by monitoring, evaluating, and improving compliance with the existing system of internal controls. Interact with external auditors, internal audit, and corporate security on internal control issues.
  • Develop and distribute exception reporting, monitor data trends, report changes and causes over time.
  • Conduct regular performance appraisals, coach and mentor to direct reports. Motivate employees to excel by providing feedback, incentives, and rewards.
  • Actively participate in staff development and succession planning for department by Identifying, developing, and implementing financial and soft skills training and development for staff.

Government Segment Accounting Support

  • Provide support and review for the calculation of Indirect Overhead rates and General & Administrative rates and the issuance and approval of annual Certified Operating Statements.
  • Administer and review the preparation of required Federal Government Contracting filings such as annual Incurred Cost Submissions, CASB Disclosure Statements.
  • Provide support for the performance of Defense Contract Audit Agency (DCAA) audit activities, including all follow-up, as required. Coordinate the compilation of necessary financial and contractual data. Development of management responses and corrective action plans and communicate deficiencies through escalation procedures.
  • Consistently apply Federal Acquisition Regulation cost principles, Cost Accounting Standards, and GAAP principles and objective accounting judgment to knowledge of contractual agreements and company policy.
  • Develop Gap analysis to identify controls, strength, weaknesses of Sodexo systems compared to DCAAs Contractor Audit Manual.
  • Apply knowledge of various contract types to applicable tax issues/opportunities.
  • Prepare financial and management reports and procedures, and present findings and specific recommendations to senior management and government auditors.
  • Develop and deliver financial training programs to Segment personnel as required.
  • Provide support to GM's/DM's/RVP's/DVP's to ensure accurate results, help improve profitability and compliance and assist with Segment initiatives as requested.
  • Provide support in resolving client billing issues and assisting with managing open receivables.

Additional Qualification & Requirements:

  • Government Contracting Experience: 7 years
  • Professional certification (CPA, CMA, CGFM, CA, CIA, etc.) and/or MBA desired
  • Working knowledge of SAP or large ERP
  • Working knowledge of Microsoft Office 365 suite of applications and tools

Position Summary

Provides leadership to managers (or individual contributors where oversight is of large, complex support, production or operations function); may also provide leadership to supervisors and/or professional staff. Has accountability for the performance and results of multiple related units. Develops departmental plans, including business, production, operational and/or organizational priorities. Controls resources and policy formation in accounting policies and controls, fiscal controls, financial reports and safeguarding the organization's assets. Decisions are guided by resource availability and functional objectives.

Qualifications & Requirements

Basic Education Requirement - Bachelors Degree or equivalent experienceBasic Management Experience - 7 yearsBasic Functional Experience - 7 yearsSodexo is an EEO/AA/Minority/Female/Disability/Veteran employer.

Categories

Posted: 2020-12-29 Expires: 2021-03-11

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Director 2, Government Accounting

Sodexo
Cheektowaga, NY 14227

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