Financial Analyst

Summary

DT Professional Services is seeking a remote Financial Analyst with Federal Contracts experience to join their team. The role involves financial tracking, reporting, and administrative support for various projects. The ideal candidate should have a Bachelor's Degree in Accounting or equivalent, 3+ years’ experience as a Financial Analyst with government service contracts, and knowledge of Forecasting, Cost Burdens, Labor Accounting, Tripwires, Contract Funding Obligation and De-Obligation, and Contract Closeouts.

Requirements

• Bachelor's Degree in Accounting or equivalent
• 3+ years’ experience as a Financial Analyst with government service contracts
• 1-3 years’ experience working with the Federal Acquisition Regulations (FAR) and Defense Acquisition policies
• Experience in the generation of cost performance reports on government contracts; familiar with FAR & DFAR
• Experience with various contract types (CPFF, CPIF, T&M, and FFP), Billing invoice experience and understanding of unbilled data
• Knowledge of Forecasting, Cost Burdens, Labor Accounting, Tripwires, Contract Funding Obligation and De-Obligation, and Contract Closeouts
• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Proficiency in Microsoft Excel

Responsibilities

• Support various Federal programs and special projects by providing financial & administrative support including project setup, vendor & AR/AP management, and financial analysis for internal & external customers
• Comprehensive financial and business support throughout the entire lifecycle of direct work programs, including budgeting, resource management, execution, collections, and contract closeout
• Develop and maintain vertical and horizontal relationships to bolster solid support systems; coordinating across functional areas to ensure monthly contractual deliverables are met timely and accurately
• Help drive and support operational improvements in the day-to-day execution of the Program finance function
• Develop program related financial data and metrics to include program budgets and forecasting
• Provide oversight on financial tracking and the efficiency and effectiveness of financial programs; follow up on audit resolution and corrective actions
• Serve as a business partner and adviser to senior leadership and program managers on all program financial matters for the assigned contracts
• Administer subcontract funding, prepare Monthly and Weekly Program Review presentations, and produce financial deliverables as required for internal and external use
• Process 75% LOF (Limitation of Funds) notices and RAFs (Risk Authorization Form) and ability to distinguish direct and indirect efforts
• Work with project managers to establish baselines for cost, schedule, and scope, and track actual performance against those measures
• Collect data from multiple sources, including timesheets, invoices, and financial reports, to generate accurate forecasts of project costs and timelines
• Analyze trends and variances to identify potential risks and issues, and recommend corrective actions as needed
• Prepares accurate invoices with supporting documentation based on contract requirements, corporate practices, and government regulations
• Maintains billing schedules to ensure timely contract invoicing
• Assists internal and external customers regarding invoice inquiries
• Prepares general ledger journal entries to record billed and unbilled activity during the fiscal month
• Leads the month end closing and financial reporting process including account analysis and reconciliation
• Preparation of budgets and financial reports
• Responsible for Accounts Receivable processing - creation/submittal of invoices
• All invoices submitted immediately to customers and submitted via WAWF if necessary
• Handles correspondence between DFAS / DCMA / DCAA for invoicing issues
• Responsible for collections, aging, and weekly status reports to Controller

Preferred Qualifications

• Ability to obtain and maintain a DoD Secret Clearance
• 1-3 years’ working knowledge and experience with Deltek
• 3+ years’ experience with Government Accounting terminology/acronyms (i.e. CLIN, SLIN, ACRN)
• 3+ years’ experience working with Wide Area Workflow (WAWF)
• Working knowledge of Google Sheets and Docs

Benefits

• Insurance benefits that include medical, dental, and vision coverage, life insurance, long & short-term disability, 401(k) retirement plans (with employer match)
• Tuition & certificate reimbursement
• Paid time off (vacation/sick/holidays)