- Performs intermediate-level billing activities for all project types (CPFF, T&M, Fixed Price) and various customers for the contract billing, AR and revenue recognition department using Cost Point system.
- Ensures all bills are current and invoicing documents conform to required Funder contract standards, follow company guidelines and are aligned with US Government FAR, CAS, GAAP and CFR 200 regulations, as required.
- Uses the Costpoint billing system to accurately prepare bills, reconcile invoices and complete NICRA rate adjustments and project close outs timely.
- Provides analysis of costs incurred in accordance with contractual, company and federal requirements to determine billable costs and required supporting documentation for processing with in Costpoint.
- Independently identifies and escalates any system invoice calculation errors and billing/payment issues management and either leads or supports issue resolution, depending on complexity.
- Reconciles projects costs to billed costs and maintains a complete and systematic set of billing records and making sure project payments are received.
- Prepares reports in anticipation of financial reporting timelines and reconciles any funder required reports.
- Creates custom reports, maintains financial filing systems, and uploads invoices to a shared storage location for company records.
- Submits timely and accurate invoices directly to funder or through I-RAPT, IPP and other online customer portals.
- Produces a monthly reconciliation consisting of a thorough analysis of project and billing costs with an explanation of any unbilled costs.
- Collaborates with the program staff and external clients to provide accurate and timely invoices that are compliant with the proposed budget and/or contractual documents.
- Participates in special research and analytical projects related to Contract Billing, AR & Revenue Recognition department.
Educational Background:
Bachelor’s Degree
Skills/Experience:
- 3+ years experience performing contract billing activities.
- Understanding of US Government FAR, CAS, GAAP and 2 CFR 200 regulations
- Prefer experience with Deltek Cost Point
- Proficiency with Word and Excel.
- Strong Analysis and problem-solving skills
Job Function:
Organization Info
Listing Stats
Post Date:
Nov 29 2017
Active Until:
Dec 29 2017
Hiring Organization:
Fhi 360
industry:
Nonprofit