Financial Reporting and Analysis Specialist (15.50)

OCT Consulting, LLC; Washington (District of Columbia); Hybrid; USD 110,000 - 130,000; Full time

Benefits offered by this job

Medical, Dental, Vision insurance

401K retirement plan with employer 3%

Paid Time Off and holidays

Life Insurance and disability benefits

Training benefits

Job summary

OCT Consulting, LLC is seeking a Financial Reporting and Analysis Specialist to support a federal financial management shared services program. The role focuses on running the monthly billing cycle, performing quarterly and annual cost analyses, and delivering routine financial reporting for multiple federal customer organizations.

Located in Southwest DC with standard ET hours, the position requires U.S. citizenship, eligibility for a Public Trust clearance, and the ability to obtain

Qualifications

• Bachelor’s degree in accounting, finance, business administration, data analytics, or related field.
• 3–6 years of experience in financial reporting, financial analysis, or federal financial operations.
• Experience with activity-based cost modeling and cost model development.
• Experience analyzing shared services or reimbursable costs, including data extraction, transformation, and reporting with advanced Excel (pivot tables, lookups, Power Query).
• Working experience with SQL, financial data modeling, and quality assurance validation.
• Federal sector experience in system change management and release management.
• Technical writing experience for SOPs and business process documentation.
• Proficiency in Microsoft Outlook, Teams, Word, Excel, PowerPoint, Project, and SharePoint.
• Preferred: Power BI or Tableau; JIRA; CGFM or CPA; active security clearance.

Responsibilities

• Gather monthly cost and workload inputs from process owners and run the monthly billing model.
• Compare monthly results with prior periods and document root causes of anomalies.
• Prepare monthly activity reports, contracts and expense analyses, and variance analyses ahead of monthly meetings.
• Perform quarterly cost per vendor invoice calculations and prepare client reports.
• Conduct annual reassessment of shared services amounts and document workload driver changes.
• Lead annual cost model configuration reviews and document changes in JIRA and client processes.
• Support system change requests by gathering requirements and validating results post-release.
• Draft and update SOPs and desk guides for monthly, quarterly, and annual cycles.
• Handle ad hoc data requests, analyses, and briefings.

Job description

Financial Reporting and Analysis Specialist

OCT Consulting is a business management and technology consulting firm that supports Federal Government clients.

We provide consulting services in the areas of Strategy, Process Improvement, Change Management, Program and Project Management, Acquisition/Procurement, and Information Technology.

OCT currently has an opening for a Financial Reporting and Analysis Specialist to work with our federal client.

This role supports a federal financial management shared services program that provides cost allocation, customer billing, financial reporting, and customer service operations to multiple federal customer organizations.

The specialist will run the monthly customer billing cycle and the quarterly and annual cost analyses that customers rely on to understand their bills.

This position is contingent upon contract award.

Responsibilities and Duties

Day to day responsibilities include:

• Gather monthly cost and workload inputs from process owners through the program’s data call, follow up on late inputs, and run the monthly billing model in the program’s cost management system.
• Compare monthly results with the prior month, the same month last year, and the trailing average; research anomalies and failed metrics to find the root cause; and document findings to inform future analyses.
• Prepare monthly customer activity reports, contracts and general expense analyses, and variance analysis reports on the required schedule ahead of each monthly customer meeting.
• Perform the quarterly cost per vendor invoice calculation and prepare reports for customer organizations and the department.
• Perform the annual beginning-of-year reassessment of each customer’s shared services amount, analyze the workload driver trends and variances behind each change, and complete detailed process analyses when customers request them.
• Lead the annual review of the cost model configuration: research enterprise-wide costs, confirm workload drivers with process owners, recommend configuration changes, and record them in JIRA and in the documentation the client’s change management process requires.
• Support system changes requests by gathering and analyzing requirements and by validating results after each release. The client’s IT organization makes all system changes and deployments.
• Draft and update standard operating procedures and desk guides for the monthly, quarterly, and annual cycles.
• Support ad hoc taskings, including short-turnaround data requests, analyses, and briefings.
• Bachelor’s degree in accounting, finance, business administration, data analytics, or a related field; master’s degree preferred in data analytics, finance, or public policy
• 3–6 years of experience in financial reporting, financial analysis, or federal financial operations
• Demonstrated experience with activity-based cost modeling and cost model development
• Experience analyzing shared services or reimbursable costs, including data extraction, transformation, and reporting with advanced Excel (pivot tables, lookups, Power Query)
• Working experience with SQL, financial data modeling, and quality assurance validation
• Demonstrated federal sector experience in system change management and release management
• Technical writing experience, including standard operating procedures and business process documentation
• Proficiency in Microsoft Outlook, Teams, Word, Excel, PowerPoint, Project, and SharePoint
• Preferred: working capital fund or cost recovery experience; audit support; Power BI or Tableau; JIRA; CGFM or CPA
• Must be a U.S. Citizen. Must have lived in the United States for at least three of the last five years.
• Must be able to obtain a favorable preliminary and final fitness determination from the client agency before starting work, and maintain it throughout performance. The background investigation is for a Public Trust position and includes a questionnaire, fingerprinting, credit check, and law enforcement agency checks. A client-issued badge is required before any work begins.
• Highly desired: an active Secret or Top Secret security clearance. The client has confirmed it will accept reciprocity for an active clearance held with another federal agency, which can shorten onboarding.
• Must complete the client’s cybersecurity awareness and information protection training at onboarding and every year after, and sign a non-disclosure agreement for Sensitive But Unclassified information.
• Must be able to read, write, speak, and understand English fluently.
• This is a full-time position dedicated to this contract. Work is performed during standard Eastern Time business hours.
• Work is performed at the client’s headquarters in Southwest Washington, DC. Remote work, including from OCT facilities, may be performed with the client’s prior approval. Infrequent travel to other client sites, such as Dallas, TX, and Williston, VT, may be required.

OCT offers competitive compensation packages and a full suite of benefits which includes:

• Medical, Dental, and Vision insurance
• Retirement savings 401K plan provided by an industry leading provider with 3% employer contributions of the employee’s gross salary
• Paid Time Off and Standard Government Holidays
• Life Insurance, Short- and Long-Term disability benefits
• Training Benefits

Salary Range: $110,000- 130,000 yearly commensurate with experience, education, etc.

About OCT Consulting

OCT Consulting LLC is a Small Business (SB) providing professional services and information technology solutions to the Federal government and commercial clients. Founded in 2013, we bring the agility of operations and a management team with a track record of leading successful engagements at major Federal government agencies.

At OCT we believe in creating a work environment where employees can thrive based on their abilities, skills, and achievements. We are dedicated to providing career growth and professional development based on individual merit and fostering a workplace where everyone’s contributions are valued and recognized.