drjobs Billing Analyst, Contract Closeout (Remote)

Billing Analyst, Contract Closeout (Remote)

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1 Vacancy
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Job Location drjobs

Reston, VA - USA

Monthly Salary drjobs

$ 55388 - 94160

Vacancy

1 Vacancy

Job Description

The Billing Analyst is responsible for the preparation of final invoices and support of the contract closeout process for a variety of government and commercial contracts including Firm Fixed Price (FFP) Time & Materials (T&M) and Cost Plus. This role requires strong analytical skills to review reconcile and finalize billing data and project details ensuring contract compliance and accurate financial closure.

Key Responsibilities:

  • Lead the contract closeout billing process by reviewing completed projects finalizing indirect rates and ensuring all cost elements have been properly recorded and billed.
  • Analyze project financials using Deltek Costpoint 7 and Cognos reports to determine final unbilled balances rate variances and allowable costs.
  • Prepare and submit final invoices in compliance with FAR and client-specific requirements.
  • Conduct thorough reconciliation of direct and indirect costs identify adjustments or corrections needed prior to contract closeout.
  • Collaborate with Project Accounting Financial Controllers Program Managers and Contracts team to resolve outstanding issues and ensure the integrity of the final bill.
  • Research historical billing data unbilled balances and project modifications to support closeout documentation and audits.
  • Maintain audit-ready support files and coordinate with external auditors or agency closeout teams when necessary.
  • Initiate and track final invoice approvals and monitor closeout status through completion.
  • Support ongoing accounts receivable efforts by ensuring final invoices are complete and compliant to facilitate payment.

Basic Qualifications:

  • 2 years of accounting or finance experience ideally within a government contracting environment.
  • 1 year of experience working with Deltek Costpoint 7.

Preferred Qualifications:

  • Experience in contract closeout processes including rate finalization and final invoice preparation.
  • Strong analytical skills with experience in reconciling complex financial data.
  • Proficiency in Excel functions (VLOOKUP Pivot Tables) and Cognos reporting
  • Knowledge of FAR CAS and indirect rate structures.
  • Familiarity with project accounting project setup and revenue recognition.
  • Bachelors degree in Accounting Finance or related field.
  • Demonstrated proficiency in Microsoft Office Suite (Excel Word PowerPoint Outlook).
  • Ability to work independently manage multiple deadlines and resolve technical billing issues with minimal oversight.

Professional Skills:

  • Highly detail-oriented and organized with a strong understanding of government contract billing rules.
  • Skilled in cross-functional collaboration and comfortable interfacing with finance compliance and contracts teams.
  • Strong written and verbal communication skills to clearly explain findings and closeout requirements.
  • Resourceful analytical and able to research historical data to validate billing accuracy.

Working at ICF

ICF is a global advisory and technology services provider but were not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges navigate change and shape the future.

We can only solve the worlds toughest challenges by building a workplace that allows everyone to thrive. We are an equal opportunity employer.Together our employees are empowered to share theirexpertiseand collaborate with others to achieve personal and professional goals. For more information please read ourEEOpolicy.

Reasonable Accommodations are available including but not limited to for disabled veterans individuals with disabilities and individuals withsincerely heldreligious beliefs in all phases of the application and employment process. To requestan accommodationplease emailand we will be happy toassist. All information you provide will be kept confidential and will be used only to the extentto provide needed reasonable accommodations.


Pay Range - There are multiple factors that are considered in determining final pay for a position including but not limited to relevant work experience skills certifications and competencies that align to the specified role geographic location education and certifications as well as contract provisions regarding labor categories that are specific to the position.

The pay range for this position based on full-time employment is:

$55388.00 - $94160.00

Nationwide Remote Office (US99)

Required Experience:

IC

Employment Type

Full-Time

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