Finance and Accounting Associate

Peterson Technologies; Elkridge (MD); On-site; USD 45,000 - 65,000; Full time

Job summary

Peterson Technologies, based in Elkridge, MD, is seeking a Finance and Accounting Associate to support vital functions like compliance and payroll processing. The ideal candidate will possess an Associate's degree or equivalent work experience and demonstrate analytical skills and proficiency in Excel.

This role involves responsibilities such as contract analysis, maintaining financial documentation, and assisting in the preparation of financial reports to optimize performance. Collaboration with cross-functional teams is essential for success.

Qualifications

• 2 years of accounting or financial analysis experience, preferably in government contracting.
• Strong attention to detail and analytical skills.
• Excellent written and verbal communication skills.

Responsibilities

• Update and maintain spreadsheets for financial reporting.
• Analyze contracts focusing on revenue and profit margins.
• Assist with invoicing and payroll processing.

Skills

Attention to detail

Analytical acumen

Communication skills

Accounting principles understanding

Microsoft Excel proficiency

Time management

Multi-tasking

Education

Associate's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Unanet

Job description

Overview

We are seeking a detail-oriented and motivated Finance and Accounting Associate to join our team. This role supports both accounting and finance functions, including maintaining financial records, assisting with compliance, payroll processing, and analyzing contract performance. This position is an in-office job located at our HQ in Elkridge, MD.

Responsibilities

• Update and maintain spreadsheets to support financial reporting and data accuracy.
• Analyze assigned contracts, focusing on projected staff hours, contract totals, revenue, and profit margins.
• Maintain appropriate records and documentation to support financial activities.
• Assist with invoicing, timekeeping, bookkeeping, and payroll processing to ensure timely and accurate entries.
• Support FMHER preparation and perform other data entry tasks as required.
• Ensure compliance with internal policies, DAR, FAR, and other applicable government regulations.
• Assist in the preparation of financial reports, including month-end close activities.
• Reconcile accounts, resolve discrepancies, and assist with payroll-related reconciliations under the guidance of senior finance staff.
• Support budget tracking, payroll analysis, and variance analysis to optimize financial performance.
• Collaborate with cross-functional teams to gather information, ensure payroll accuracy, and provide financial insights.

This position is ideal for candidates who are looking to build a strong foundation in finance and accounting within a collaborative and growth-oriented environment.

Qualifications

• Associate's degree in Accounting, Finance, or a related field; however, additional relevant work experience may be accepted in place of a formal degree
• Exhibit a strong attention to detail, analytical acumen, and intellectual curiosity.
• Excellent written and verbal communication skills
• Demonstrate an understanding of accounting principles
• Demonstrate a proficient knowledge of Microsoft Excel as well as a desire to develop advanced skills
• Effective time management skills and ability to multi-task with strong organizational skills
• Ability to adjust quickly and adapt to changing priorities
• 2 years of accounting or financial analysis experience. Prior government contracting experience preferred.
• Experience with Unanet preferred