Accounts Receivable (A/R) Manager - Govt Contracts

Location: arlington, Virginia
Date Posted: 07-27-2017
A key client of ours is seeking an Accounts Receivable (A/R) Manager who is an expert in invoicing cost-type contracts with 10+ years’ experience in government contract billing. In addition to maintaining a small portfolio of assigned contracts, this person will lead and support the entire billing team’s efforts for preparing interim cost vouchers, completion vouchers, contract closeouts and routine collections processing. Must have had stable and long tenure in previous positions.
DUTIES:
  • Manage full cycle invoicing process for assigned FFP, T&M and CPFF programs. Prepare invoices and contract specific supplemental reports. Verify  accuracy of system generated invoices for proper indirect cost loading and  fee recognition. Submit electronic submissions through various customer invoicing systems.
  • Responsible for establishing  consistent billing standards, processes, and templates for the department. Draft and update procedural changes as necessary.
  • Interface with Business Units to insure optimal work flow and communication exists at all  times with the billing department.      
  • Build rapport and uphold strong customer service culture both internally and externally.
  • Supervise a team of 3 Billing Specialists.
  • Interface with DCAA to ensure compliance and internal use of best practices. Draft cover letters, memos and other  standard correspondence for invoices and adjustment vouchers to facilitate      smooth invoice review and approval by customers.
  • As needed, diagnose any  differences between company and customer records. Prepare reconciliations of cumulative      billings and payments received.
  • Report on the balances  in the monthly Unbilled Receivable report.       Collect input from team regarding timing differences between billing and revenue recognition.      
  • Trace accrued or estimated billings from prior month to actuals in the  following month. Prepare and review the report monthly with management.
  • Support and lead the Billing team in order to provide final invoices prior to contract closeout deadlines. Help with research and provide guidance as needed.
  • Monitor receivable balances including performing collection activities for assigned programs.   Monitor and contribute to the company’s billing metrics including preparing and leading the monthly A/R review and coordinating with the Business Unit      representatives.
  • Manage the workload across the billing team and drive achievement of company’s billing KPIs and other cash flow metrics.
  • Ensure a system of proper matching of cash receipts to invoices exists. Optimize and assist as needed to improve      efficiency.
  • Participate in financial close and generate reconciliations of assigned general ledger accounts. Prepare and approve all credit memos or voided invoices.
  • Other duties as assigned.
REQUIREMENTS:
  • Must have experience with Deltek CostPoint, IRapt/WAWF and preferably Deltek T&E
  • Good communication and writing skills. Able to explain technical issues properly with management and customers.
  • Solid understanding  of GAAP revenue recognition and FAR Cost Principles for cost allowability
  • A problem solver. Be proactive and demonstrate ability to investigate issues and recommend solutions.
  • Intermediate to advanced skills in MS Excel
  • Detailed oriented individual who works quickly and efficiently.
  • Required work experience: 10+ years of government contract billing and collections
EDUCATION
  • Bachelors degree in accounting preferred     
CLEARANCE
         None required


Please send a current resume indicating salary requirements.
These are full time positions with full benefits as an employee (no 3rd parties or C2C please).
Please also provide a good daytime phone number that i may reach you on. 

Sincerely,
 
or
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