Federal Cost Modeling SME – IT Financial Management

Aalis Management Consulting; Washington (District of Columbia); On-site; USD 120,000 - 180,000; Full time

Job summary

Aalis Management Consulting is seeking a Cost Modeling SME to support a federal agency's IT Financial Management and cost model modernization initiatives in Washington, D.C. The role focuses on full-cost accounting, cost allocation, rate setting, and charging frameworks designed for transparency and accuracy.

The ideal candidate has hands-on experience with SFFAS 4 and SFFAS 10, and can translate complex financial requirements into practical solutions while collaborating with federal

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, Information Systems, or related field.
• Minimum of 8 years of federal financial management experience supporting financial operations, cost accounting, or financial systems initiatives.
• Demonstrated experience supporting Working Capital Funds (WCF), revolving funds, or fee-for-service financial environments.
• Hands-on experience developing or implementing cost models, cost allocation methodologies, rate structures, chargeback models, and full-cost accounting solutions.
• Experience applying SFFAS 4 and SFFAS 10 requirements.
• Experience supporting federal financial management processes including billing, reconciliations, advances, drawdowns, and financial reporting.
• Experience analyzing financial data and translating findings into recommendations.
• Experience working directly with federal stakeholders and program offices.

Responsibilities

• Provide subject matter expertise supporting federal Working Capital Fund (WCF), revolving fund, and IT financial management operations.
• Develop, analyze, and implement cost models supporting full-cost accounting, service costing, and financial transparency.
• Design and improve cost allocation methodologies, rate development processes, and chargeback models.
• Support development, validation, and maintenance of financial models used for billing, forecasting, budgeting, and resource planning.
• Apply federal accounting standards, including SFFAS 4 and SFFAS 10, to support cost accounting practices and financial reporting requirements.
• Analyze cost drivers, consumption patterns, resource utilization, and service delivery models to support accurate cost recovery.
• Support federal billing processes including: Customer billing, Interagency agreements, G‑Invoicing transactions, Advances, Drawdowns, Reconciliations.
• Develop documentation, procedures, and recommendations related to cost model implementation and financial operations.
• Collaborate with financial analysts, IT teams, business owners, and government stakeholders to validate cost assumptions and improve financial processes.
• Support integration of financial management systems and reporting tools.
• Analyze financial data and create executive‑level reports, dashboards, and presentations.
• Support audit readiness activities through documentation review, financial controls, and process improvement.
• Identify opportunities for automation, process improvements, and enhanced financial reporting.
• Participate in stakeholder meetings and communicate complex financial concepts to technical and non‑technical audiences.

Skills

Financial management experience

Cost accounting

Data analysis

Stakeholder engagement

Federal sector experience

Education

Bachelor's degree in Finance/Accounting/Economics/Business Administration/Information Systems

Tools

Delphi

PRISM

Oracle EPM

Oracle IMPACT

ServiceNow

Power BI

SQL

Power Automate

Job description

Aalis Management Consulting is seeking a Cost Modeling SME to support a federal agency's IT Financial Management and cost model modernization initiatives in Washington, D.C. The role focuses on full-cost accounting, cost allocation, rate setting, and charging frameworks designed for transparency and accuracy.

The ideal candidate has hands-on experience with SFFAS 4 and SFFAS 10, and can translate complex financial requirements into practical solutions while collaborating with federal