Manager - Budget and Rates

Hanwha Defense USA Inc•Arlington, VA

3d•$140,000 - $160,000

About The Position

We are seeking an experienced Budget and Rates Manager that will be responsible for preparation and oversight of all budgeting and indirect rate requirements for the various HDUSA business lines. The ideal candidate brings deep finance expertise, mastery of defense/regulated environments (FAR/DFARS, CAS, DCAA/DCAA audits), and has a track record of working closely with senior business leaders, contracts, and finance to develop and update the corporations Forward Pricing Rate Submission (FPRP).

Requirements

Bachelor’s degree in finance, accounting, business, engineering, or related field.
MBA or master’s in accounting or finance are strongly preferred.
8+ years of progressive finance leadership experience, including direct experience in the A&D industry, including experience with complex defense manufacturing.
Demonstrated success developing budgets and rates in USG CAS covered environment with multi-year and high‑value contracts.
Working knowledge of FAR/DFARS, CAS, indirect rate structures, and government audits.
Familiarity and hands-on experience with accounting & estimating business systems.
Proven communication skills—capable of translating complex financials into clear, actionable insights for leadership.

Nice To Haves

CPA, CFA, certifications a plus.
Experience with DCAA, DCMA, USG agency audits.
Familiarity with various USG contract types (FFP, FPI, CP, T&M, etc.).
Familiarity with cost/price analysis, cost modeling, estimating, and proposal development is a plus.

Responsibilities

Manage and develop the annual budget process, including development of direct and indirect budgets, which will be utilized in the annual Forward Pricing Rate (FPRP) submission.
Identify, report, and explain monthly and year-to-date variances to the annual budgets including potential risks and opportunities.
Prepare and submit quarterly cost monitoring reports to DCMA/DCAA, comparing actual incurred costs to forward pricing, and perform variance analysis.
Support government compliance with FAR/DFARS/CAS audit readiness, indirect rate management, and financial controls across the business.
Manage the preparation of the incurred cost submission, including coordination with program management, finance, accounting, and other departments as appropriate to validate and analyze direct and indirect cost data in support of the annual incurred cost submission (ICE) to the USG.
Support requests from DCMA/DCAA related to audits of the forward pricing proposal, incurred cost proposal, pre-award contract audits, post-award contract audits, and other audits as requested.
Support accounting system and estimating system readiness audits.
Perform various ad hoc analyses as required to include trend analysis, effects of one-time events, “what if” scenarios related to indirect budgets, and other special projects.
This position will interface with Finance, Accounting, and various other Department Leads.
Brief and report to leadership on the annual budgets, including indirect rates, monthly and year-to-date performance against the budgets, and recommended corrective action plans if necessary.
Responsible for continuous improvement of policies and procedures, in support of budgets and rates.
Foster a culture of accountability and continuous improvement.