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Sr. Closeout Billing Specialist

Company: VT Group
Location: Chantilly
Posted on: May 1, 2021

Job Description:

Overview We are seeking a Senior Closeout Billing Specialist to be based in Chantilly, VA to process and research rate variance and final invoices, accounts receivables, and collections. The Closeout Billing Specialist will calculate and prepare final project invoices, including necessary invoicing schedules and back-up data. Responsibilities Review organizational billing practices to ensure invoice accuracy within contractual terms, Federal Acquisition Regulations, and DCAA requirements. Prepares and analyzes schedules for accounts receivable and unbilled receivables. Assist accounts receivable collections team. Familiar with a variety of the field's concepts, practices, and procedures. This role calls for a well-rounded performer who thrives in a fast-paced, demanding environment. Key attributes we are seeking for this role include both the willingness to dig deeply into details, as well as the ability to assess the big picture. The selected individual will consistently demonstrate high levels of technical and professional skill and quickly assimilate new knowledge. Relies on experience and judgment to plan and accomplish goals. A certain degree of creativity and latitude is expected.

  • Invoice customers on a monthly and bi-weekly basis
  • Research and process invoices
  • Contact customer for outstanding payment invoice
  • Prepare closeouts for old and recently ended projects, as needed
  • Reconcile unbilled and provide a monthly detailed explanation of unbilled
  • Pull reports and store on the share drive
  • Excellent communication with team Qualifications Required:
    • Bachelor's Degree in Accounting and/or Finance and 4 plus years of experience in Government Contracting; education may be substitued for more years of experience.
    • Current experience using Deltek/Costpoint 7.0 or higher
    • Advanced experience using MS Excel (i.e: pivot tables, v-look ups)
    • Must have CPFF, FFP and T&M style invoice experience
    • Project Setup experience
    • WAWF (Wide Area Workflow) experience
    • Invoiced contracts with Multiple CLIN/SLIN/ACRN's on one invoice
    • Familiar with DFAS payment office
    • Maintain AR and collection calls Desired:
      • Ability to read contracts to make sure invoices are created and follow the Customer/DCAA/FAR requirements
      • Monitor project communicate with contract to increase funding
      • Work closely with Accounts Receivable (AR) and Contracts team with excellent communication
      • Knowledge of revenue recognition and analytical skills
      • Experience in performing Contract Closeout Billing - Maintaining/Analyzing, and Project Unbilled
      • Work independently with minimum supervision efficient and deadline driven environment

Keywords: VT Group, Chantilly , Sr. Closeout Billing Specialist, Accounting, Auditing , Chantilly, Virginia

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