Billing Analyst

Insight Global; Alexandria (VA); Hybrid; USD 65,000 - 85,000; Full time

Job summary

Insight Global in Alexandria, VA seeks a Billing Analyst to prepare and monitor government contract billings, ensuring accuracy and compliance. The role involves supporting Accounts Receivable, generating journal entries, and coordinating with Contracts and Treasury teams within a hybrid work setup.

The ideal candidate has a BS in Accounting with 3+ years in accounting or government contracting and familiarity with DELTEK/Costpoint software.

Qualifications

• BS degree, preferably in Accounting, or in related field with course work in Accounting.
• 3+ years work experience in accounting, finance, or government contracting; familiarity with general business practices
• Experience with DELTEK/Costpoint software

Responsibilities

• Prepare, monitor and report government contract billing functions.
• Prepare monthly journal entries with supporting documentation.
• Reconcile billing system data to financial system data.
• Respond to internal and external billing inquiries and assist auditors.
• Maintain compliance with Federal/state laws and government regulations.

Skills

Accounting knowledge

Financial analysis

Education

Bachelor's degree in Accounting

Tools

DElTEK/Costpoint

Job description

Location:Alexandria VA (Hybrid - 3 days in office)

Required Skills & Experience

• BS degree, preferably in Accounting, or in related field with course work in Accounting.
• 3+ years work experience in accounting, finance, or government contracting; familiarity with general business practices
• Experience with DELTEK/Costpoint software

Job Description

The Billing Analyst position is an intermediate level professional accountant position responsible for preparing, monitoring and reporting of the government contract billing functions of the Finance Directorate, providing program and project support to the Supervisor of Accounts Receivable. Interprets accounting data, prepares and analyzes reports and makes recommendations. Prepares various accounting documents, schedules, exhibits, and summaries. Works closely with members of research divisions, directorates, and/or vendors to resolve a variety of problems. Provides support to the Accounts Receivable Supervisor as needed. A critical team member working to maintain the integrity of the receivables function including the preparation, verification, validation and input of associated journal entries:

• Maintains a strong understanding of Federal and state laws and regulations to include interpreting, researching and ensuring compliance.
• Maintains a current working knowledge of accounting principles and practices and relevant government regulations and applies this knowledge to position responsibilities.
• Responsible for preparing assigned general ledger reconciliations and timely resolving open items.
• Responsible for preparing assigned general ledger reconciliations, timely resolving open items and preparing analysis of accounts as requested.
• Prepares assigned monthly journal entries with supporting documentation and written description in support of reconciliation responsibilities.
• Assists in compiling and analyzing receivables audit responses prior to submission to outside auditors.
• Participates in problem solving and special projects within the receivable’s environment.
• Maintains strong understanding of the financial system, including comprehension of impact of various transactions, in order to participate in development and implementation of accounting systems, methods, procedures, and controls.
• Prepares government contract billings in accordance to FAR, contract terms and guidelines; resolves issues; maintains appropriate files.
• Works with the Treasury team to resolve receivable issues.
• Provides support in relation to contract billings, including unbilled.
• Reconciles billing system data to financial system data.
• Responds to internal and external billing related inquiries.
• Works with the Contracts team for contract billing guidelines.
• Supports work in conjunction with audits and incurred cost submission.
• Maintains a current working knowledge of accounting principles and practices and relevant government regulations.