Project Accountant

IMTAS • Reston, VA

288d

About The Position

The Project Accountant will be responsible for billing, accounts payable, reporting and project administration for the entire contract catalog. The project accountant participates in the planning, tracking, analysis and reporting of performance on projects of varying contract type, size, complexity and level of risk. The Project Accountant is a key member of the finance team and works directly with the Program Managers and clients to help meet the project's financial goals and objectives. The Project Accountant will have significant interface with Program/Project Managers and senior technical staff.

Requirements

• Bachelor's degree in related field plus 2 to 4 years of related and progressive experience in billing and accounting operations for government contracts.
• Education and work experience may be adjusted for highly specialized knowledge or uniquely applicable experience.
• Education requirements may be waived with 4 years of related experience.

Responsibilities

• Prepare and submit monthly CLIN based client invoices for all projects, ensuring invoices are billed accurately and consistently within award requirements and on a timely basis.
• Prepare monthly burn summaries.
• Follow up on past due invoices and client approvals.
• Process project related vendor invoices accurately and within assigned timeline.
• Maintain the subcontractor timekeeping system.
• Assist with project set up in compliance with contractual terms, conditions and requirements.
• Monitor project spending and alert management to possible over or under-runs.
• Monitor costs and manpower on a periodic basis ensuring that actuals are within budget and charged to the correct job number.
• Prepare/Support Internal Program Review (IPR) presentations for management.
• Support the preparation of financial Contract Data Requirements (CDRL) for programs. Ensure contractual requirements are met and customer financial deliverables are accurate and on time.
• Assist in various financial aspects of sub-contracts and vendors.
• Communicate and correspond directly with clients with respect to invoicing, receivables and project reporting.
• Monitor & report unbilled issues to the Accounting Manager.
• Assist in the preparation of subcontractor TO Allocations /Cost and vendor accruals as services/goods are received in accordance with IMTAS and internal policies to ensure that the project's cost/commitment is accurately captured and reported internally and externally.
• Perform various ad-hoc analyses as required in order to provide insight into financial performance.
• Ensure proactive maintenance of contracts documentation consistent with established IMTAS practices.
• Assist with the project closeout process.
• Assist with the preparation of contract briefs.
• Ensure verbal and written communications are timely and of consistently high quality in content, style and clarity.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees