Lead Billing Analyst
4 weeks ago
Lead Billing Analyst
Location: Reston, Virginia (Hybrid Position)
Bcore is committed to advancing the national security mission through innovation, implementation, and an exceptional digital experience. Our team combines technology with business experience to give leaders the decision advantage. We are seeking a skilled Lead Billing Analyst to join our accounting and finance team in Reston, VA (hybrid).
As part of our team, you will have the opportunity to work with a talented group of professionals and contribute to our ongoing success. As Lead Billing Analyst, you will prepare and submit invoices for government and commercial customers in compliance with contractual and FAR regulations for all contract types. This individual will review contract documents for information or changes related to invoicing as well as maintain and update billing folders in accordance with established guidelines.
Responsibilities
- Support weekly, monthly, and quarterly invoicing as per the GAAP guidelines. Includes preparing and distributing invoices to the customers accurately and in a timely fashion.
- Collaborate with internal departments to get data corrected to ensure a high degree of invoice accuracy.
- Communicate with the customer about invoicing details enabling invoice corrections, answering customer's questions, acting on rejections and resolving discrepancies.
- Prepare high volume T&M invoices on a weekly basis, FFP and CPFF invoices monthly in the financial system.
- Review federal government and commercial contracts for direct project setup into Unanet as well as manage indirect projects for overhead, G&A, B&P and IR&D
- Reconcile invoices based on labor data and follow workflow procedures as per contractual requirements for approvals and submit in government portals (IPP, WAWF, Tungsten, etc.).
- Maintain trackers to follow up through invoices that need re-submission.
- Prepare Credit Memos for rejected invoices and resubmit as per the requisites.
- Monitor and report unbilled balances.
- Be responsible for the AR aging and collections process.
- Internally and externally communicate with Project Control, Project Managers, contracts and customer team regarding current and aged billing issues.
- Provide insight to management about the customer outstanding balances and actively engage in collecting the open items.
- Engage in cash apps procedures and record the daily bank/check collections in the financial system.
- Prepare and send out daily and weekly reports to higher management regarding AR collections, Cash applied, Quarterly collections, Aging, etc.
- Provide financial analysis of the project being handled to improve efficiency.
- Assist with audit requests.
- Other duties as assigned
Required Qualifications:
- Bachelor's degree in Accounting, Finance, or equivalent training
- 4+ years of experience in accounting or a related role
- Strong understanding of accounting principles and practices
- Proficiency in Office 365 suite of applications (Excel, SharePoint, Teams and Outlook)
- Government Contractor experience and invoicing for federal government contracts
- Unanet Experience a plus
- Experience working with large volumes of data
- Excellent verbal and written communication skills to collaborate, facilitate and disseminate information
- Ability to work independently and as part of a team.
- High level of organizational and time management skills with excellent attention to detail.
What you can expect from us
Bcore is proud to be an equal opportunity workplace and affirmative action employer. We celebrate diversity and are committed to creating an inclusive environment for all team members and applicants. At bcore, we ensure fair treatment for our team members and applicants based on their abilities, achievements and experience without regard to race, national origin, sex, age, disability, veteran status, sexual orientation, gender identity or any other classification protected by law.
Bcore does not have a vaccination mandate applicable to team members. Vaccination requirements will depend on the status of the federal contractor mandate and customer site requirements. Regardless of vaccination status , personnel are required to wear masks while indoors when the CDC COVID-19 Community Level is High.
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