Cordia Resources by Cherry Bekaert is partnered with a global government contractor who is seeking a Billing Specialist with Costpoint experience to join their team on a contract basis with the potential for contract to hire. Details below!

Title: Senior Billing Specialist
Location: Hybrid - Arlington, VA
Hourly Rate: $35.00 - $45.00/hour
Job Type: Contract / Contract to Hire
Requirements: Costpoint

As a Billing Specialist with Costpoint experience, you will play a pivotal role in ensuring accurate and timely billing processes. Your primary responsibility will be to manage billing activities, review contracts, and work closely with project managers and clients to ensure billing compliance. You will use your expertise in Costpoint software to streamline billing procedures and maintain financial accuracy.

ROLE RESPONSIBILTIES

• Responsible for the entire Accounts Receivable function. As the only Billing Accountant on the team, it is your responsibility to ensure customer invoices are submitted timely. Save accurate records and reports to Sharepoint and track each project during the monthly cycle. Create, reconcile, send for approval, monitor workflow, post and submit invoices.
• Prepare weekly Aged A/R report and present to CFO with detailed notes on collection activity including actionable plan to collect or specific notes as to the delay in payment. Weekly contact with customers to inquire about payment status. Meet DSO goals and forecast incoming cash for rolling thirty days.
• Respond and assist Finance Team for cash receipt application, including currency exchange differences, short payments and interest amounts. Work with customer contacts to obtain information necessary to identify cash receipt differences.
• Attend project kick-off meetings to ensure project set up aligns with invoicing requirements established in contractual documentation. Assist with project setup, formulas, ACRNs and ceilings.
• Present first-time project invoices to Supervisor for full review before submission, also additional review subject to high-dollar customer invoice amounts.
• Prepare monthly report to explain unbilled variances with detail and actionable notes.
• Engages with Program Control team to work through variances, changes, calculations to support customer invoicing amounts. Host monthly meeting with Program Control team to resolve billing or unbilled items.
• Respond to audit requests, support inquiries into billing issues, and adhoc projects.
• Maintain list of projects requiring closeout, perform indirect rate analysis between actual and provisional rates for billing, respond to customer request for closeouts, generate rate variance invoices.
• Supports Finance Team with other tasks such as the Help Desk Ticket system.
• Find satisfaction in completing the job well and interacting with colleagues to ensure cash flows are steady for the company. Bring your can-do attitude!

REQUIRED QUALIFICATIONS

• Perform billing standard procedures on multiple projects under multiple programs and customers. Produce internal reports and customer deliverables along with understanding of Fixed Firm Price, Cost Reimbursable and T&M type contracts.
• Must be able to reconcile PSR/GL to Customer Invoice to Billing Worksheet and be able to explain variances, including timing of when transaction will be billable.
• Experience with revenue recognition standard ASC 606, and experience submitting invoices via PIEE/WAWF.
• Collaborate with and/or support Program Cost/Control Specialist, Lead or Manager on funding, reporting, cost forecasting, change management and scenario planning.
• Bachelor's or equivalent, with 2 - 4 years of experience in Accounts Receivable.
• Experience with government contracts preferred.
• Proficiency in Deltek Costpoint.
• Experience with MS Office suite. Advanced MS Excel understanding with pivots, vlookups and formulas.
• Experience working with large data sets and analytics. Reconciling accounts.
• Possess strong oral and written communication skills, and comfortable with presenting to executive leadership.
• Experience with Accounts Payable, Payroll and/or Time & Expenses is helpful.
• Supervision is usually partial or part-time, typically restricted to assigning work and directing efforts or restricted to assigning and checking work and providing technical guidance. There is no travel for this job.
• Must be proficient in using different technologies such as computers and other tools and systems pertinent to the position.