Sr. Manager, Accounting

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