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Billing and Revenue Analyst
2 months ago
CV Resources is partnering with an aerospace company to hire a Billing and Revenue Analyst
Job Title: Billing and Revenue Analyst
Position Description: We are seeking a Billing and Revenue Analyst to join our Finance Team. The role involves overseeing billing functions, including reviewing contracts, setting up sales orders, processing invoices, and managing receipts. Responsibilities include analyzing and reconciling inventory and cost transactions across different accounting systems, as well as handling general ledger account reconciliations. A solid understanding of contractual billing, particularly in government defense contracts, and experience with revenue recognition (ASC 606) is required.
Responsibilities:
- Manage the billing process, including contract reviews, sales order setup, invoice processing, and receipt posting.
- Collaborate with Shipping, Production, Project Management, and Engineering teams to ensure accurate billing.
- Process billings through various customer portals, including the Wide Area Workflow (WAWF) system.
- Allocate revenue elements and handle deferred revenue transactions according to ASC 606.
- Adjust customer accounts and manage collections as necessary.
- Reconcile inventory and cost amounts between accounting systems and ensure shipping transactions reflect part movement.
- Assist with monthly close, account reconciliations, budget preparation, and financial analyses.
- Identify and resolve discrepancies in financial records and implement process improvements.
Required Qualifications:
- Bachelor’s degree in Accounting or Finance.
- Minimum of 5 years’ experience in accounting or a related field, with significant experience in contractual invoicing and billing.
- Preferred experience in government defense contracting, job-cost, and inventory cost accounting.
- Proficiency in Office 365 Suite.
- Strong mathematical, analytical, and problem-solving skills.
- Excellent communication skills and attention to detail.
- Ability to manage multiple tasks and meet deadlines.
Desired Qualifications:
- Experience with QuickBooks and/or Global Shop Solutions accounting systems.
- Familiarity with FAR, Government Accounting, and Government Contracting is preferred.
