Compliance Assurance Specialist

Position description

What does the role look like?

This is an exciting opportunity for the right candidate to work as part of the Contracts team supporting Goodrich Actuation Systems Ltd. This is a new role developed to ensure GASL meet US Government compliance regulatory requirements.

The Supplier Compliance Specialist will conduct financial and compliance audits of supplier cost and pricing data and produce recommendation reports to the supply chain team to support supplier negotiations. They will develop their knowledge of the applicable US government regulations. They will ensure suppliers are applying compliant pricing methodologies and identify actions required to close compliance gaps. In addition, they will represent the organisation and to customers and government agencies during external and customer audits.

The ideal candidate will have an accounting and auditing background, with a keen eye for detail and a decisive approach to make clear recommendations. Knowledge of US government regulations, specifically TINA compliance is advantageous but not essential. Training will be provided to develop this knowledge. Finance or accounting knowledge is a must.

Programs / Customer Relations

Legal - Legal and contracts

Compliance Assurance Specialist

Permanent

Employees / Staff

Full-time

What will your day-to-day responsibilities look like?

• Complete financial audits of supplier cost models, including rates and factors, allowability of costs within overhead and labour rates, profit levels.
• Produce output reports with findings and recommendations for adjustments to supplier pricing to complete supplier negotiations within 'allowable' range per USG regulations.
• Maintain a 'queue' system, with standard TAT for completion of cost analysis supporting customer proposal timelines.
• Support Military bid focal with generation of Price / Cost Analysis Reports supporting customer bid submissions.
• Support onsite supplier cost audits as required - challenge supplier rates and factors applied within supplier costings in line with 'allowable' costs.
• Support supplier account manager / military bid focal with supplier price negotiations and finalising the record of price agreement (RoN).
• Support the process of requesting DCMA Assist audits when suppliers will not provide full disclosure of cost and price data to Safran.

• Competitive salary
• Company performance bonus scheme
• Pension scheme - up to 10% employer contribution
• Private medical insurance
• Comprehensive health cash plan
• 25 days annual leave + bank holidays
• Flexible benefits programme (buy & sell holiday allowance, discounted gym memberships, Maternity/ adoption leave- up to 52 weeks, first 26 weeks at full pay, subsequent 26 at 50% (basic pay) and Paternity/Non-Pregnant Parent/ Co-adopter leave 4 weeks full pay)
• Structured training & opportunities to progress

What will you bring to the role?

• Proven experience of working with business' on 'should cost' models & analysis
• High attention to detail and sound judgement to identify compliance gaps and produce clear, defensible recommendations.
• Ability to challenge and influence suppliers and stakeholders to support compliant pricing and successful negotiations.

• Knowledge of US Government contracting regulations, including TINA (or willingness to learn fast).
• Experience conducting supplier cost or pricing audits, including on-site audits.
• Exposure to price/cost analysis supporting bids or proposals, ideally in a regulated environment.
• Experience working with or supporting supplier negotiations and records of price agreement (RoN).
• Continuous improvement mindset with experience improving processes and standardising outputs.

Europe, UK, England, West Midlands

Stafford Road WV10 7EH
Wolverhampton