Accounts Receivable Analyst

$54,080 - $66,560/Yr

TEC Group - Farmington, MI

posted 2 months ago

Full-time - Mid Level
Farmington, MI
Administrative and Support Services

About the position

The Defense Senior Accounts Receivable Analyst is responsible for managing the operational execution of invoicing and accounts receivable processes, particularly in relation to government contracts. This role involves overseeing project reporting, managing customer inquiries, and ensuring compliance with budget goals and regulations. The analyst will also be tasked with creating detailed reports and maintaining effective record retention for long-term contracts.

Responsibilities

  • Oversee all aspects of projects from start to finish, ensuring accurate reporting of labor, equipment, material, and travel costs.
  • Manage customer inquiries and disputes, providing necessary reporting for invoice backup and PO balances.
  • Submit month-end project and billing close reports along with finalized invoices to Program Management and Accounting.
  • Document and retain records for contracts that may span multiple years, ensuring compliance with statement of works.
  • Examine month-end revenue reconciliation and analyze costs versus budget to assess margin submissions.
  • Ensure invoices are formatted according to purchase orders to prevent cash flow issues.
  • Review month-end reports, including UAR and deferred revenue, and flag unfunded projects to management.
  • Navigate complex projects requiring detailed cost analysis and mapping of job codes to specific rate sheets.
  • Collaborate with program managers and customers to refine billing/payment schedules in response to amendments and engineering changes.

Requirements

  • High school diploma or equivalent.
  • Minimum 4 years of relevant work experience in project/product billing and collections.
  • Experience with billing for government contracts, either as a prime contractor or sub-contractor.

Nice-to-haves

  • Associate degree in business or finance-related field.
  • Knowledge of FAR and CAS.

Benefits

  • Paid Time Off (PTO)
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