Government Finance Compliance Lead

Job Description

Job Title: Government Finance Compliance Lead

Working Pattern: Hybrid - 3 in office days a week

Working Location: Indianapolis, IN, or Reston, VA

A new and exciting opportunity has arisen for a Government Finance Compliance Lead. As a Government Finance Compliance Lead for Rolls-Royce, you will play a crucial role in ensuring compliance with the Cost Accounting Standards (CAS) and other relevant regulations. This position will require a deep understanding of cost accounting principles, government contracting, and financial reporting. You’ll work with the broader Government Finance and Compliance team to support all Defence Contract Audit Agency (DCAA) audits and assist in other government accounting and compliance functions.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future and we need people like you to come and join us on this journey.

At Rolls-Royce, we are committed to creating a workplace where all employees feel respected, supported, and empowered to do their best work. We foster a welcoming and innovative work environment that invests in you, giving you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

Rolls-Royce is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics.

What you will be doing:

• Understanding the requirements of US Department of Defence (DOD): Federal Acquisition Regulations, Defence Federal Acquisition Regulations and Cost Accounting Standards regulations.
• Conduct comprehensive reviews of government business systems and practices to ensure compliance with CAS and DFARS requirements.
• Identify and analyse potential non-compliance issues, assist in the preparation of audit responses, develop corrective action plans, and monitor implementation.
• Provide guidance and training to personnel on CAS requirements and best practices. Stay current with changes in CAS regulations and other relevant accounting standards.
• Work directly with Customer Representatives including Defence Contract Management Agency and Defence Contract Audit Agency.
• Gather and analyse data from SAP to support government audit requests; retrieve and reconcile supporting documentation to substantiate proposed or claimed costs on government contracts in an organized manner and maintaining support files.
• Ability to work with other departments with people with differing levels of experience and knowledge and communicate effectively while liaising with the Government auditors to clarify requests and explain processes/supporting documentation.

Who we’re looking for:

At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviours that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles.

Basic Requirements:

• Bachelor’s degree in Accounting, Finance or Business with 5+ years of experience in an accounting, business or finance role with a minimum of 2 years of experience in US Government audits and/or Cost Accounting experience, OR
• Master's degree in Accounting, Finance or Business with 3+ years of experience in an accounting, business or finance role with a minimum of 2 years of experience in US Government audits and/or Cost Accounting experience, OR
• JD/PhD in Accounting, Finance or Business
• In order to be considered for this opportunity, you must be a U.S. Citizen

Preferred Requirements:

• A fundamental understanding of accounting principles and processes and be familiar with audit testing and substantiation requirements.
• Prior exposure to Government Cost Principles and Cost Accounting Standards (CAS): FAR and DFARS
• Advanced Microsoft Excel experience; knowledge of MS Word and PowerPoint
• Strong SAP experience

What we offer:

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location.  It’s a locally managed and flexed informal discretionary arrangement.  As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

For fully remote roles, employees can live in any state except Idaho, Nebraska, Nevada, Vermont, and Wyoming.

Relocation assistance is available as needed for this opportunity.

Posting Close Date: May 2, 2025

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Benefits

Rolls-Royce provides a comprehensive and competitive Total Rewards package that includes base pay and a discretionary bonus plan. Eligible employees may have the opportunity to enroll in other benefits, including health, dental, vision, disability, life and accidental death & dismemberment insurance; a flexible spending account; a health savings account; a 401(k) retirement savings plan with a company match; Employee Assistance Program; Paid Time Off; certain paid holidays; paid parental and family care leave; tuition reimbursement; and a long-term incentive plan. The options available to an employee may vary depending on eligibility factors such as date of hire, employment type, and the applicability of collective bargaining agreements.