Senior Billing Analyst

Billing Analyst

The Billing Analyst position is an intermediate level professional accountant position responsible for preparing, monitoring and reporting of the government contract billing functions of the Finance Directorate, providing program and project support to the Supervisor of Accounts Receivable. Interprets accounting data, prepares and analyzes reports and makes recommendations. Prepares various accounting documents, schedules, exhibits, and summaries. Works closely with members of research divisions, directorates, and/or vendors to resolve a variety of problems. Provides support to the Accounts Receivable Supervisor as needed. This critical position requires a team member with experience in accounts receivable, invoicing and collections and has a proven track record in optimizing billing processes and enhancing cash inflow through effective communication and problem solving.

Responsibilities

• Prepares and issues accurate, timely, and supportable customer invoices for various contract types (e.g., CPFF, T&M, FFP) and in accordance with the FAR, contract terms and guidelines, and IDA policies and procedures.
• Manages the collection cycle and follows-up on unpaid invoices and adequately resolves customer questions.
• Maintains a current working knowledge of accounting principles and practices and relevant government regulations and applies that knowledge to position responsibilities.
• Maintains strong understanding of the accounting system, including comprehension of impact of various transactions, in order to participate in development and implementation of accounting systems, methods, procedures, and controls.
• Execute the Contract closeout process, including ensuring proper reconciliations of all contract data, collaborating with business operations, as well as different departments and other relevant groups to ensure all data is properly reconciled.
• Review and create final/interim invoices, as well as rate variance invoices reversals, either manually or utilizing Costpoint, and submit through various agency portals.
• Evaluate contracts to determine eligibility for quick closeouts, research and resolve short paid invoices.
• Assists in compiling and analyzing receivables audit responses.
• Participates in problem solving and special projects involving the Accounts Receivable function.
• Performs other Accounts Receivable duties as assigned.

Qualifications

• BS degree, preferably in Accounting, or in a related field with course work in Accounting, and a minimum of 6 years of work experience in accounting, finance, or government contracting; familiarity with general business practices.
• Understanding and prior experience with Costpoint and Cognos (required).
• Proficiency in Microsoft Office applications.
• Proficiency in WAWF, IPP, Pay.gov and any other sponsor billing portals
• Thorough knowledge and demonstrated skills in matters related to accounting and financial policies, procedures, and reporting.
• Understanding of U.S. Generally Accepted Accounting Principles (GAAP) and knowledge of accounting principles and practices and relevant government regulations pertinent to this position.
• Excellent communication skills both verbal and written, interpersonal skills, problem solving skills and a strong team player.
• Ability to establish and maintain effective working relationships with other employees; ability to understand and follow oral and written instruction; ability to organize and perform work independently with general instructions.
• Strong attention to detail, excellent organizational skills and ability to effectively prioritize work to meet deadlines.
• Critical, analytical, and creative thinking to identify and solve problems.
• Ability to work effectively both independently and as part of a team and have a strong understanding of the theoretical and practical components of the position apart from just being familiar with performing assigned tasks.
• Successful completion of a criminal background check is required.

Why Work At IDA?

• Competitive salary and benefits, including diverse health insurance options, generous 10% contribution to retirement, 6 weeks 100% paid parental leave, 20 days paid time off, and relocation reimbursement.
• Mission-oriented work at a non-profit that supports and protects our Nation's warfighters; as a non-profit, IDA employees are eligible for Public Service Loan Forgiveness (PSFL).
• Professional development including tuition reimbursement, internal and external trainings, and funding for researcher-pitched projects and publications.
• A strong employee and corporate culture of work-life balance, including commitment to average 40-hour work weeks through flex time, partial telework options, and expectation of communication only during core business hours.
• Located in Alexandria's high-tech corridor, IDA's Potomac Yard facility is equipped with state-of-the-art technology, workspaces and gym.
• Easy access to local dining and shopping, the Potomac Yard Metro stop and the Potomac Yard DASH bus stop. Employer contributes $300/month (IRS max) to commuter benefits.

Compensation

We support transparency, equity, and fairness in our compensation program and provide a reasonable estimate of the salary range based on data-driven market analysis for each position. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role is $75,549 - $120,879. Individual salary within this range will be commensurate with the incumbent's experience, unique skills and qualifications, and other relevant factors.