Revenue - Operational Accounting Director - Reston, United States - SAIC (Science Applications Int.)

Description

Job Description

Description

The Revenue - Operational Accounting Director is a highly visible position and is responsible for the periodic, quarterly, and annual operational accounting close process.

This position is mainly responsible for revenue recognition on revenue over $7B over ~ 1,800 active contracts. The successful candidate will regularly interact with SAIC's senior leadership and professional service providers. This position reports to the Assistant Corporate Controller.

This position is remote - DMV/East Coast preference.

Key responsibilities include, but are not limited to:

• Lead an Operational Accounting Team, which consists of 20 professionals, including 3 direct reports.
• The Team is responsible for periodic and quarterly close cycles, with respect to recording program revenue, direct cost accruals, explanation of operating results fluctuations, and the review of unbilled receivables and other balance sheet accounts.
• Responsible for the application of the Company's revenue recognition policy, which includes determining the appropriate revenue recognition on contracts and review CostPoint project setup for accuracy based on the terms and conditions of the contract.
• Coordinates the quarterly Estimate at Completion (EAC) process and working directly with Business Group Finance teams to ensure EACs are completed in accordance with company policy.
• Actively participate in the financial reporting process for revenue related disclosure items.
• Engage with the external auditors in support of their respective audits.
• Work closely with Government Compliance, Contracts, Business Group Finance, and other departments to manage revenue recognition associated with indirect rate variances and to support the contract closeout process.
• Ensuring new contracts and contract modifications are timely reviewed and set-up in the system.
• Identify opportunities to transform revenue accounting operation processes.
• Managing the monthly reporting of the backlog.
• Training the staff/direct reports growth and development.
• Maintain and monitor department compliance with internal controls, policies and procedures and other duties as assigned.

Qualifications

• Bachelors degree with 12+ years of accounting operations experience for a US government contractor, including revenue recognition (ASC 606), direct costs accruals, unbilled/billed AR reconciliations and backlog reporting. 4 additional years of experience will be considered in lieu of degree.
• Strong knowledge of Deltek's suite of applications, including Costpoint. Primary emphasis on evaluating setup related to revenue recognition, ensuring entries are timely included in the financial statements and analyzing output to ensure accuracy of the revenue calculation.
• Previous experience of managing and supervising a diverse team of accounting professionals in a remote/teleworking environment.
• Experience reviewing EAC calculations and documentation.
• Excellent understanding of ASC 606 and US GAAP.
• Demonstrated success working with large volumes of data, within the Deltek framework, and external data such as excel or other data mining and reporting tools.
• Excellent written and verbal communication skills.
• A proven ability to be decisive, resolve issues and timely deliver on commitments/deadlines.
• Strong interpersonal skills with a respectful, positive, and professional disposition while engaging with internal and external stakeholders.
• US Citizenship required
• CPA required

SAIC accepts applications on an ongoing basis and there is no deadline.

Covid Policy:
SAIC does not require COVID-19 vaccinations or boosters. Customer site vaccination requirements must be followed when work is performed at a customer site.

Overview

SAIC is a premier Fortune 500 technology integrator driving our nation's technology transformation.

Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence and mission solutions.

Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective and efficient solutions that are critical to achieving our customers' missions.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities.

SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity, and inclusion, which is core to our values and important to attract and retain exceptional talent.

Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $6.9 billion. For more information, visit For ongoing news, please visit our newsroom.