Financial Reporting and Analysis Specialist (15.50)

OCT Consulting, LLC • Washington, DC

6d • $110,000 - $130,000 • Onsite

About The Position

OCT Consulting is hiring a Financial Reporting and Analysis Specialist to support a federal financial management shared services program that provides cost allocation, customer billing, financial reporting, and customer service operations to multiple federal organizations. The specialist runs the monthly customer billing cycle and quarterly and annual cost analyses that customers use to understand their bills. This position is contingent upon contract award.

The role is full-time and dedicated to the contract. Work is performed during standard Eastern Time business hours at the client’s headquarters in Southwest Washington, DC. Remote work, including from OCT facilities, may be performed with the client’s prior approval. Infrequent travel to other client sites, such as Dallas, Texas, and Williston, Vermont, may be required.

Applicants must be U.S. citizens and must have lived in the United States for at least three of the last five years. They must obtain and maintain a favorable preliminary and final fitness determination before starting and throughout performance. The Public Trust background investigation includes a questionnaire, fingerprinting, credit check, and law enforcement agency checks; a client-issued badge is required before work begins. An active Secret or Top Secret clearance is highly desired, and the client accepts reciprocity for an active clearance held with another federal agency. Employees must complete cybersecurity awareness and information protection training at onboarding and annually thereafter, sign a nondisclosure agreement for Sensitive But Unclassified information, and be fluent in English.

OCT offers competitive compensation and benefits. The salary range is $110,000–$130,000 per year, commensurate with experience and education.

Requirements

• Bachelor’s degree in accounting, finance, business administration, data analytics, or a related field.
• 3–6 years of experience in financial reporting, financial analysis, or federal financial operations.
• Demonstrated experience with activity-based cost modeling and cost model development.
• Experience analyzing shared services or reimbursable costs, including data extraction, transformation, and reporting using advanced Excel features such as pivot tables, lookups, and Power Query.
• Working experience with SQL, financial data modeling, and quality assurance validation.
• Demonstrated federal sector experience in system change management and release management.
• Technical writing experience, including standard operating procedures and business process documentation.
• Proficiency in Microsoft Outlook, Teams, Word, Excel, PowerPoint, Project, and SharePoint.
• Must be a U.S. citizen and have lived in the United States for at least three of the last five years.
• Must obtain a favorable preliminary and final client-agency fitness determination before starting work and maintain it throughout performance; a client-issued badge is required before work begins.
• Must complete client cybersecurity awareness and information protection training at onboarding and annually, and sign a nondisclosure agreement for Sensitive But Unclassified information.
• Must be able to read, write, speak, and understand English fluently.

Nice To Haves

• Master’s degree in data analytics, finance, or public policy.
• Working capital fund or cost recovery experience.
• Audit support experience.
• Experience with Power BI or Tableau.
• Experience with JIRA.
• CGFM or CPA certification.
• Active Secret or Top Secret security clearance; the client accepts reciprocity for an active clearance held with another federal agency.

Responsibilities

• Gather monthly cost and workload inputs from process owners through the program’s data call, follow up on late inputs, and run the monthly billing model in the cost management system.
• Compare monthly results with the prior month, the same month in the prior year, and the trailing average; investigate anomalies and failed metrics to identify root causes and document findings.
• Prepare monthly customer activity reports, contracts and general expense analyses, and variance analysis reports on schedule before monthly customer meetings.
• Calculate quarterly cost per vendor invoice and prepare reports for customer organizations and the department.
• Conduct the annual beginning-of-year reassessment of each customer’s shared services amount, analyze workload-driver trends and variances, and complete detailed process analyses when requested by customers.
• Lead the annual cost model configuration review by researching enterprise-wide costs, confirming workload drivers with process owners, recommending configuration changes, and documenting changes in JIRA and required client change-management documentation.
• Support system change requests by gathering and analyzing requirements and validating results after each release.
• Draft and update standard operating procedures and desk guides for monthly, quarterly, and annual cycles.
• Support ad hoc taskings, including short-turnaround data requests, analyses, and briefings.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) retirement savings plan with 3% employer contributions of the employee’s gross salary
• Paid Time Off
• Standard Government Holidays
• Life insurance
• Short- and long-term disability benefits
• Training benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level