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Home Services Independent Purchasing System Review Independent Purchasing System Review Experience

Independent Purchasing System Review Experience

Wednesday, 24 June 2009 00:00 administrator
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  • Led a purchasing group responsible for procurement of goods and services charged directly to Federal contracts, in compliance with FAR and contract requirements.
  • Responsible for maintenance of DCMA-reviewed Purchasing System (including internal audits of purchasing actions and external oversight support).  Successfully led development of integrated purchasing/property management system that was still being used nearly a decade later.
  • For a bio-pharmaceutical manufacturer, developed a Finance/Accounting Policy Manual, a Procurement Manual, and policies and procedures related to estimating and cost proposal preparation.  Also assessed overall accounting environment and related internal controls in preparation for upcoming DCAA audit.
  • Assessed contract administration (sell-side) and contract management (buy-side) business processes, to mitigate SOX material weakness and enhance internal controls, for a multi-billion dollar global automotive parts manufacturer.
  • Developed a Procurement Manual for a Federal Systems division of a multi-billion dollar telecommunications entity in preparation for external audit (Contractor Purchasing System Review).  Also provided advice and assistance regarding socio-economic programs and corporate strategic alliances.  Provided training to employees regarding requirements of newly developed policies and procedures.
  • Assessed contract administration processes and controls for a multi-billion dollar service provider, including recommending process improvements related to proposal preparation, records management/retention, accounting for vendor volume discounts, compliance with contract terms and conditions, and calculation of indirect cost rates for annual submission to Federal Government.
  • For a bio-pharmaceutical manufacturer (supporting Project BioShield for the Centers of Disease Control and Prevention), led a project to support transition from Fixed-Price to Cost-Reimbursable contracting, including assessment of business practices, development of indirect cost structure and calculation of indirect cost rates, preparation of cost proposals and pricing of equitable adjustments in compliance with TINA and FAR requirements, and generation of policies and procedures to aid in contract compliance (Estimating, Purchasing, Socioeconomic Reporting, Billing).
 

Newsflash

Effective January 1, 2019, Nick Sanders has been named as Editor of two reference books published by LexisNexis. The first book is Matthew Bender’s Accounting for Government Contracts: The Federal Acquisition Regulation. The second book is Matthew Bender’s Accounting for Government Contracts: The Cost Accounting Standards. Nick replaces Darrell Oyer, who has edited those books for many years.