ManTech Technical Services Group established itself as an industry leader in worldwide technology support providing support to the U.S. Army, U.S. Navy and U.S. Air Force as well as other key Department of Defense customers. ManTech is currently recruiting for a Close Out Specialist. This is an exciting opportunity for a hard working, energetic and driven individual with solid government accounts receivable experience who is interested in joining a dynamic Accounts Receivable Team.
•Responsible for closing out wide variety of contracts such as project interim and final invoicing for T&M, CP, CPFF, CPIF, CPAF and FFP contracts. Perform all job requirements of the contract closeout with extensive experience in dealing with contract terms and procedures. Reviewing to assure that all terms and conditions of the contract’s requirement have been fulfilled, all financial information has been submitted and evaluated, and final payment has been made, and the contract is administratively retired in the data system.
•Validate AP, AR, and incurred cost reports from General Ledger. Evaluate accounting/cost transaction data to ensure accuracy and completeness. Validate indirect rate variance calculation. Check and verify data for completeness and accuracy. Analyze unbilled receivable balances and conduct backup spreadsheets to support findings; conduct variance analysis that reflects the cumulative unbilled amounts for the contract, labor hours, and raw cost reconciliations that have hour/cost discrepancies. Ensure all unbilled amounts are reconciled. Verify, validate and determine applicability of clauses, general and special provisions for what had been set-up in People Soft and Cost Point Deltek systems and what had been billed to clients.
•Verify and audit billing files and contracts to ensure Contract Base Order and Modification were properly prepared according to specific contractual billing requirements, such as specific funding to be utilized for billing. Provide cost documentation to support audit of invoice and cost records by DCAA. Verify subcontract costs billed to customer match documentation provided by procurement or subcontract professional. Ensure projects were billed accurately and in accordance with contractual requirements, FAR and internal established policy.
•Monitor problem account receivable items including past due problem accounts; escalate to appropriate level for resolution. Assist in collecting outstanding payment. Compile and review account reconciliations for accuracy, and resolve reconciliation issues for assigned projects. Give recommendation on Contract Closeout procedure in which processes may be optimized and/or improved.Operates independently in assigned project area with minimal supervision required. Exhibit independent judgment to complete tasks that occasionally require non-standard solutions.
•Managing and controlling the transfer of sensitive government contracts. Responsible for all government documents included in each folder and tracking of the folder from the time that it is received and accounted for through the close-out procedure to certified destruction, if required.
•3 years of government contract billing experience.
•Knowledge of all contract type's (T&M, CPFF and FP).
•Cost Point/Deltek/PeopleSoft experience l
**Applicants selected will be subject to a government security investigation and must meet eligibility requirements for access to **classified information.
More Information: This job opening is just one of the many openings we have. For more information about ManTech, visit us at our web site www.mantech.com and click on CAREERS. ManTech is an Equal Opportunity Employer. M/F/D/V are urged to apply. We look forward to hearing from you.
Requires Bachelor’s degree or equivalent in Accounting, Finance or Business Administration and zero to two years of related experience.
Requires a Bachelor’s degree or equivalent in Accounting, Finance or Business Administration and 2-4 years government contract experience or 6-8 with no degree.
Years of Experience
02-04 years w/Bachelors Degree
ManTech Int'l Corp. - 2 years ago