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Financial Analyst Closeout Billing
Financial Analyst Closeout BillingGeneral Dynamics • Herndon, VA, US
Financial Analyst Closeout Billing

Financial Analyst Closeout Billing

General Dynamics • Herndon, VA, US
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  • [job_card.temporary]
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Financial Analyst

Support mission-critical initiatives and enable the growth of our business as a Financial Analyst at GDIT. Working on the Finance team, you'll become an integral part of how GDIT is able to ensure the safety and security of our nation. At GDIT, people are our differentiator. As a Financial Analyst you will help ensure today is safe and tomorrow is smarter.

Responsibilities for this Position

As a Financial Analyst, supporting the Cash Operations Closeout Team, the candidate will be responsible for : preparation, posting, and follow-up of interim and final invoices, and submission of final release documents, for a variety of contract types and customers, to include Government and Civilian Agencies. Candidate must be comfortable with contacting customers (both internal and external) directly to resolve issues; possess critical thinking ability; and be self-motivated. In this role, a typical day will include :

  • Determine if quick close out is applicable. Negotiate with customer when needed.
  • Collect internal reports by fiscal year in order to summarize total incurred costs.
  • Apply DCAA negotiated indirect rates for each applicable fiscal year.
  • Determine if all Costs posted after the POP were incurred within the POP
  • Prepare invoices for Canceling funds.
  • Determine total claim to include all reimbursable costs (including applicable indirect costs) and total applicable fees including fees not previously invoiced.
  • Reconcile total payments received to total calculated claim.
  • Prepare interim / closeout invoice and attach completed billing check list.
  • Submit Invoice to Department Supervisor / Manager for audit approval.
  • Coordinate with Finance and Contracts on issues discovered during preparation and analysis. Follow-up on any adjustments that need to be made.
  • Input approved claim into financial system and Customer payment system. (Excludes some classified contracts - processed by FA or Contracts)
  • Prepare release and assignments letters to be mailed with closeout invoice. Coordinate with Division Contracts and Legal when necessary.
  • Participate in working groups targeting best practices for the group, which will influence the Closeout Policy and Procedures.
  • Other responsibilities as identified.

What You'll Need

  • Bachelor's Degree in Accounting, Finance, or a related discipline, plus 2+ years related experience, or six (6) years related experience in lieu of the bachelor's degree
  • Proficiency with computer use including relevant software applications such as MS Outlook and Office, as well as Excel
  • Understanding of FAR and other government regulations necessary for Billing and Closeouts
  • Strong analytical and Excel skills
  • Excellent communication skills, both written and verbal
  • Ability to work independently
  • Hybrid : MUST be able to go into Falls Church or Herndon, VA weekly
  • What We'd Love For You To Have

  • Government billing and financial closeout experience.
  • ORACLE, CostPoint, ARIA or related systems.
  • What GDIT Can Offer You

  • 401K with company match
  • Challenging work
  • Internal mobility team dedicated to helping you own your career
  • Rewards program for high-performing employee
  • The likely salary range for this position is $60,174 - $75,900. This is not, however, a guarantee of compensation or salary. Rather, salary will be set based on experience, geographic location and possibly contractual requirements and could fall outside of this range. Scheduled Weekly Hours : 40 Travel Required : None Telecommuting Options : Hybrid Work Location : USA VA Herndon Additional Work Locations : USA VA Falls Church

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