Federal Contract Billing Expert

FTS, Inc.; Fairfax (VA); On-site; USD 70,000 - 95,000; Full time

Job summary

FTS, Inc. is seeking a detail-oriented GovCon Billing Specialist in a Fairfax, VA office to manage the full government contract billing cycle. You will prepare accurate invoices across CPFF, T&M, FFP, and Cost Reimbursable vehicles and work within Costpoint, coordinating with program managers and finance to ensure timely revenue recognition.

You will reconcile charges, monitor receivables, and support month-end close, with strong attention to FAR/DFARS guidelines and DCAA compliance.

Qualifications

• 3+ years of GovCon billing experience, ideally supporting federal contracts.
• Hands-on Deltek Costpoint billing module experience.
• Proficient with Excel (pivot tables, lookup functions) and billing reconciliations.
• Knowledge of CPFF, T&M, FFP, Cost Reimbursable contract types and how they affect billing.
• Understanding of FAR/DFARS billing requirements and DCAA compliance expectations.
• Strong written and verbal communication and ability to manage multiple cycles.

Responsibilities

• Prepare and submit invoices for government contracts per contract terms and agency requirements.
• Process billing across contract types (CPFF, T&M, FFP, Cost Reimbursable).
• Manage end-to-end billing within Costpoint, including submission through WAWF/iRAPT or portals.
• Reconcile billed amounts against ceilings, funding, and labor costs; monitor receivables and follow up.
• Support monthly close activities, including revenue recognition and accruals.
• Maintain billing documentation compliant with DCAA and FAR Part 31.

Skills

GovCon billing

Deltek Costpoint

Excel

Contract types CPFF/T&M/FFP

FAR/DFARS

Communication

Job description

FTS, Inc. is seeking a detail-oriented GovCon Billing Specialist in a Fairfax, VA office to manage the full government contract billing cycle. You will prepare accurate invoices across CPFF, T&M, FFP, and Cost Reimbursable vehicles and work within Costpoint, coordinating with program managers and finance to ensure timely revenue recognition.

You will reconcile charges, monitor receivables, and support month-end close, with strong attention to FAR/DFARS guidelines and DCAA compliance.