Financial Analyst - Closeouts Billing

General Dynamics Information Technology•Falls Church, VA

19d•Hybrid

About The Position

GDIT has an exciting opportunity for a Financial Analyst to join our team to support Cash Operations closeout activities at our Falls Church, VA location. This position will be Hybrid after the mandatory training period . This role will be a hybrid and on-site work in our Falls Church, Virginia offices. GDIT continues to offer flexible work arrangements. At GDIT, our people are at the center of everything we do. In compliance with GDIT’s Closeout policy, 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. Candidates must be comfortable with contacting customers (both internal and external) directly to resolve issues; possess critical thinking ability; and be self-motivated.

Requirements

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 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, VA

Nice To Haves

Government billing necessary and financial closeout experience.
ORACLE, CostPoint, ARIA or related systems.

Responsibilities

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.