My workplace does but we develop software for internal staff. We almost never work over 40 hours. It’s great and we get to focus on whats most important and work down from there. Occasionally something that wasn’t important becomes important and we reorganize the list. There’s always like an infinite well of work (obviously) but we manage the incoming work pretty well and the “customers” are quite happy.
You’ve described your reporting structure, but not whether you’re responsible for staff or budget. Are you reporting on behalf of a team? Working solo but possibly cross-functionally? Advice is going to differ depending not only on who you’re reporting to but on what you’re reporting about.
That said, simple as the following advice is, not everyone does it:
Congratulations on your new job.
primarily solo, but cross functional with dev teams, and mgmt.