Accounts Receivable Manager
Accounts Receivable Manager
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Job Description
Harmonia Holdings Group LLC is an awardwinning rapidly growing federal government contractor committed to providing innovative highperforming solutions to our government clients and focused on fostering a workplace that encourages growth initiative creativity and employee satisfaction.
Harmonia Holdings Group LLC is an awardwinning rapidly growing federal government contractor committed to providing innovative highperforming solutions to our government clients and focused on fostering a workplace that encourages growth initiative creativity and employee satisfaction.
Harmonia Holdings Group LLC is currently seeking an Accounts Receivable Manager.
Position Summary:
The Accounts Receivable (AR) Manager is responsible for managing the organizations accounts receivable process ensuring compliance with government contract requirements and maintaining cash flow health. This role requires a deep understanding of federal government contracting regulations such as FAR DFARS and agencyspecific invoicing systems to oversee billing and collections accurately and efficiently.
Key Responsibilities:
- Invoicing and Billing:
- Prepare and review invoices in compliance with federal government contract requirements (e.g. CPFF FFP T&M).
- Ensure all invoices adhere to contractual terms FAR/DFARS guidelines and applicable agency billing systems (e.g. WAWF IPP or DELTEK).
- Address invoice rejections or disputes promptly by coordinating with internal and external stakeholders.
- Collections and Cash Flow Management:
- Monitor accounts receivable aging reports and ensure timely collection of payments.
- Communicate with government agencies primes or subcontractors to resolve payment delays.
- Develop strategies to improve the cash collection process and reduce Days Sales Outstanding (DSO).
- Compliance and Documentation:
- Maintain detailed records of invoices collections and adjustments for audit purposes.
- Ensure compliance with all federal acquisition regulations including proper support for cost and time tracking.
- Partner with the finance team to reconcile accounts and ensure accurate financial reporting.
- Team Leadership and Collaboration:
- Supervise train and mentor AR team member.
- Collaborate with program managers project teams and contract administrators to ensure proper project billing setup and compliance.
- Serve as a liaison between the finance team and external auditors during audits (DCAA financial audits etc..
- Reporting and Analysis:
- Generate regular AR performance reports including aging schedules DSO metrics and cash flow forecasts.
- Identify trends or issues in receivables and recommend corrective actions.
- Assist in the preparation of monthly quarterly and yearend financial reports.
- Process Improvement:
- Implement process improvements and automation tools to enhance billing accuracy and reduce collection times.
- Establish internal controls and standard operating procedures to strengthen the AR function.
Qualifications:
- Education:
- Bachelors degree in Accounting Finance Business Administration or a related field.
- Experience:
- 5 years of experience in accounts receivable billing or financial management preferably in government contracting.
- Strong knowledge of federal government invoicing processes and systems (e.g. WAWF IPP).
- Familiarity with costtype fixedprice and timeandmaterials contracts.
- Skills and Competencies:
- Comprehensive understanding of FAR/DFARS and other government contract compliance requirements.
- Proficiency with accounting and ERP systems (e.g. DELTEK Costpoint Unanet).
- Advanced Excel skills (e.g. pivot tables VLOOKUPs).
- Excellent problemsolving analytical and organizational skills.
- Strong verbal and written communication skills to interact with government officials and internal teams.
Work Environment:
- Hybrid.
Key Metrics for Success:
- Reduction in Days Sales Outstanding (DSO).
- Timely and accurate submission of invoices with minimal rejections.
- Adherence to government compliance requirements.
- Positive cash flow contributions through effective collections.
Here at Harmonia we are pleased to have been repeatedly recognized for our outstanding work culture the innovative work we do and the employees on our team who make a difference each day. Some of these recognitions include:
- Recognized as a Top 20 Best Place to Work in Virginia
- Recipient of Department of Labors HireVets Gold Medallion
- Great Place to Work Certification for five years running
- A Virginia Chamber of Commerce Fantastic 50 company
- A Northern Virginia Technology Council Tech 100 company
- Inc. 5000 list of fastest growing companies for eleven years
- Twotime SBA SBIR Tibbetts Award winner
- Virginia Values Veterans (V3 Certification
We recognize that every bit of our success is the result of our teams of hardworking motivated and innovative professionals who are proud to call themselves part of the Harmonia family! In addition to competitive compensation a familyfocused culture and a dynamic productive work environment we offer all fulltime employees a variety of benefits including but not limited to
- Traditional and HSA eligible medical insurance plans w/ Wellness Incentives for employees and family
- 100 employerpaid dental and vision insurance options
- 100 employersponsored STD LTD and life insurance
- Veterans Cohort
- Gym membership reimbursement
- 401(k) matching
- Dollarfordollar 501(c)3 donation matching
- Flexibleschedules and teleworking options
- Paid holidays and Flexible Paid Time Off
- Adoption Expense Reimbursement
- Paid Parental Leave
- Professional development and career growth opportunities and paid training days
- Employersponsored Employee Assistance Program for employee and family
- Team and companywide events recognition and appreciation and so much more!
Check out ourLinkedInFacebook andInstagramto find out a little more about who we are and if we are the right next step for your career!
Harmonia is an Equal Opportunity Employer providing equal employment opportunity to all employees and applicants for employment without regard to race color religion national origin age gender gender identity sexual orientation disability or genetics.Harmonia does and will take affirmative action to employ and advance in employment individuals with disabilities and protected veterans.To perform the above job successfully an individual must possess the knowledge skills and abilities listed; meet the education and work experience required; and must be able to perform each essential duty and responsibility satisfactorily. Other duties in addition to those listed may be assigned as necessary to meet business needs. Reasonable accommodation will be made to enable an applicant with a disability to successfully apply for and/or perform the essential duties of the job. If you are in need of an accommodation please contact.
Required Experience:
Manager
Employment Type
Full Time
