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Federal Financial Management Analyst

1 month ago

Leesburg, United States Alta It Services Full time

Federal Financial Management Analyst

Direct Permanent Hire- Fulltime

End Client: United States Government

Location: Hybrid in Leesburg, VA office 2 days per week

Work Authorization: Per Federal Govt Contract U.S. Citizenship is required

Clearance: Must be able to pass Federal background Check to obtain a Public Trust

Years of experience: Five or more years of experience

Degree: Must have a Bachelors Degree

ALTA IT Services is looking for a Financial Management Analyst with a strong Finance background to support us on a federal program. The individual should have proven extensive knowledge and success in ensuring the accuracy, integrity, and timeliness of the financial reporting within the federal sector.

Key Responsibilities: Assist in preparing various time-sensitive financial transactions and reports for a federal agency, ensuring adherence to deadlines.

Prepare, record, and adjust various journal entries to support Treasury submissions, including accruals, eliminations, and other necessary financial actions.

Assume responsibility for assigned areas (e.g., organizational entity, program, or functional area), preparing, recording, interpreting, and reporting federal financial transactions and events.

Conduct recurring and special-purpose reconciliations and prepare financial reports, statements, and related documentation per prescribed formats to meet reporting requirements established by Treasury, OMB, other accounting authorities, and legislation such as the Chief Financial Officers Act.

Prepare annual financial statements following Generally Accepted Accounting Principles (GAAP), encompassing disclosures, footnotes, supporting schedules/analytical files, and collecting and consolidating supplemental data to analyze the Services actual financial performance against established measures.

Maintain clear audit trails from the general ledger to subsidiary records and from the accounting system to interfacing management systems.

Ensure adherence to all applicable laws, regulations, and standards established by organizations such as the American Institute of Certified Public Accountants (AICPA), Federal Accounting Standards Advisory Board (FASAB), GAAP, OMB, and GAO.

Skills Required: 5 years of relevant experience supporting the federal government in accounting, general ledger, journal entries, reconciliations, and related financial processes, or an equivalent combination of education and work experience.

Knowledge of payments, relocations, cash management, and employee travel claims processing within federal agencies.

Experience preparing annual federal financial statements and maintaining clear audit trails from the general ledger to subsidiary records.

Proven experience in analyzing operational internal control structures.

5 years of experience demonstrating proficiency and understanding of federal or DHS-specific financial management processes and requirements such as sub-ledger and general ledger activity, JVs, reconciliations, accruals, payment certifications, IPAC, invoicing, Invoice Processing Platform (IPP), intragovernmental transactions, property plant & equipment (PP&E), capitalization, depreciation, financial statements, etc.

3 years of experience in submitting accounting data and resolving fatal accounting checks and submitting accounting data in TIER, GTAS, or CARS is preferred.

Familiarity with Federal Oracle Financials is a plus.

Must have a bachelors degree.

Must be a US Citizen and able to obtain Public Trust Clearance