Billing Analyst – Finance

Overview

The Billing Analyst position is an intermediate level professional accountant position responsible for preparing, monitoring and reporting of the government contract billing functions of the Finance Directorate, providing program and project support to the Supervisor of Accounts Receivable. Interprets accounting data, prepares and analyzes reports and makes recommendations. Prepares various accounting documents, schedules, exhibits, and summaries. Works closely with members of research divisions, directorates, and/or vendors to resolve a variety of problems. Provides support to the Accounts Receivable Supervisor as needed. A critical team member working to maintain the integrity of the receivables function including the preparation, verification, validation and input of associated journal entries.

Responsibilities

• Maintains a strong understanding of Federal and state laws and regulations to include interpreting, researching and ensuring compliance.
• Maintains a current working knowledge of accounting principles and practices and relevant government regulations and applies this knowledge to position responsibilities.

• Responsible for preparing assigned general ledger reconciliations and timely resolving open items.

• Responsible for preparing assigned general ledger reconciliations, timely resolving open items and preparing analysis of accounts as requested.

• Prepares assigned monthly journal entries with supporting documentation and written description in support of reconciliation responsibilities.

• Assists in compiling and analyzing receivables audit responses prior to submission to outside auditors.

• Participates in problem solving and special projects within the receivable’s environment.

• Maintains strong understanding of the financial system, including comprehension of impact of various transactions, in order to participate in development and implementation of accounting systems, methods, procedures, and controls.
• Prepares government contract billings in accordance to FAR, contract terms and guidelines; resolves issues; maintains appropriate files.
• Works with the Treasury team to resolve receivable issues.
• Provides support in relation to contract billings, including unbilled.
• Reconciles billing system data to financial system data.
• Responds to internal and external billing related inquiries.
• Works with the Contracts team for contract billing guidelines.
• Supports work in conjunction with audits and incurred cost submission.
• Maintains a current working knowledge of accounting principles and practices and relevant government regulations.

Qualifications

• BS degree, preferably in Accounting, or in related field with course work in Accounting.

• Minimum of 3 years work experience in accounting, finance, or government contracting; familiarity with general business practices. Two of the years should, preferably, pertain to cost accounting experience.

• Thorough knowledge and demonstrated skills in matters related to accounting and financial policies, procedures, and reporting.

• Working understanding of U.S. Generally Accepted Accounting Principles (GAAP).

• Computer literacy including familiarity with standard business office software such as Microsoft Office; experience using computerized accounting software.

• Experience with DELTEK/Costpoint software required.

• Excellent interpersonal skills and the ability to communicate effectively both orally and in writing with all levels of employees.

• Use of critical, analytical, and creative thinking to identify and solve problems.

• Ability to establish and maintain effective working relationships with other employees; ability to understand and follow oral and written instruction; ability to organize and perform work independently with general instructions.

• Ability to work effectively both independently and as part of a team and have a strong understanding of the theoretical and practical components of the position apart from just being familiar with performing assigned tasks.

• Strong attention to detail, excellent organizational skills and ability to effectively prioritize work to meet deadlines.

• Strong general ledger reconciliation skills.

• Successful completion of a criminal background check is required.

Why Work at IDA?

• Competitive salary and benefits, including diverse health insurance options, generous 10% contribution to retirement, 6 weeks 100% paid parental leave, 20 days paid time off, and relocation reimbursement.
• Mission-oriented work at a non-profit that supports and protects our Nation’s warfighters; as a non-profit, IDA employees are eligible for Public Service Loan Forgiveness (PSFL).
• Professional development including tuition reimbursement, internal and external trainings, and funding for researcher-pitched projects and publications.
• A strong employee and corporate culture of work-life balance, including commitment to average 40-hour work weeks through flex time, partial telework options, and expectation of communication only during core business hours.
• Located in Alexandria’s high-tech corridor, IDA’s Potomac Yard facility is equipped with state-of-the-art technology, workspaces and gym.
• Easy access to local dining and shopping, the Potomac Yard Metro stop and the Potomac Yard DASH bus stop. Employer contributes $300/month (IRS max) to commuter benefits.

Compensation

We support transparency, equity, and fairness in our compensation program and provide a reasonable estimate of the salary range based on data-driven market analysis for each position. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role is $68,681 – $109,890. Individual salary within this range will be commensurate with the incumbent’s experience, unique skills and qualifications, and other relevant factors.