Project Accountant

Employer
Xator Corporation
Location
Reston, VA
Posted
Jul 13, 2018
Closes
Jul 16, 2018
Function
Accountant
Hours
Full Time
POSITION OVERVIEW The Project Accountant collaborates with internal and external customers to invoice customers, collect receivables, analyze unbilled receivables, reconcile billings vs. revenue and, as required, provide ad-hoc support and analyses. Internal clients include Program/Project Managers, operations management and representatives from Accounting & Finance. The Project Accountant must exercise judgment and possess strong problem solving skills in performing his/her duties while complying with established policies and procedures. DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS) Establish a business relationship with internal and external customers. Provide guidance and support to facilitate accurate and timely billing and prompt collection. Understand the basic contract document(s) as it relates to billing and revenue. Identify and confirm invoicing requirements. Create and maintain all project/billing files. Ensure the proper billing formula is being utilized. Ensure the project set up/structure supports the billing requirements as specified in the contract (or by the client if not included in the contract). Create invoices in Cost Point for all assigned T&M, FFP and Cost Plus Contracts Remit invoices to the client. Follow up on payment discrepancies with clients (short pays and over pays), if necessary. Perform monthly reconciliations of billed/unbilled vs. revenue. Research and resolve unexplained reconciling items. Notify the Billing Manager and Assistant Controller of significant, reconciling items that remain unresolved for extended periods. Input invoices into WAWF or other contract specific submission requirements. Ensure compliance with the Company s financial policies and procedures as they relate to invoicing and collections. Serve as a liaison between the Program Managers and the Billing Manager. Continually assess ongoing processes to identify areas for potential improvement. As required, participate in initiatives to improve processes (i. e. participate in working groups). Other duties as assigned JOB REQUIREMENTS AND QUALIFICATIONS Education BS or BA degree in a related discipline is highly desirable (business, finance or accounting). Experience Two to Four years of increasingly responsible experience in government contracting to include billing and project accounting for FFP, T&M, CPFF contracts Specialized Knowledge/Skills Requirements: Deltek Cost Point 7. 0. 1 Billing Project Accounting WAWF Strong oral and written communication skills. Demonstrated ability to effectively interact with others and work independently. Demonstrated familiarity with the practical applications of personal computers and basic application software (e. g., Excel, Word, etc.). Unanet (preferable) Equal Opportunity Statement Xator Corporation provides equal opportunity to all applicants for employment as required by and/or consistent with applicable country law and company policy. Consistent with the foregoing, Xator Corporation provides qualified applicants consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veterans status, citizenship, sexual orientation, gender identity or any other status(s) protected by law. In the United States, Xator Corporation ensures nondiscrimination in all programs and activities in accordance with Title VI of the Civil Rights Act of 1964.

Similar jobs