Billing Accountant with Security Clearance

When you join the Cambridge team, you are part of a skilled and talented global community that is united by a set of core values: commitment, integrity, and perseverance. Join our team and help us confront today's most threatening and complex obstacles. Cambridge International Systems, Inc. has a full-time Billing Accountant opportunity available based in Arlington, VA. ROLE RESPONSIBILTIES
Performs the accounts receivable function to ensure accurate records, including filing unpaid invoices and keeping account of cash receipts, claims and overdue invoices.
Creates customer invoices, monitors approval workflow, posts invoice to accounting system and then submits the approved invoice to the customer and/or WAWF.
Tracks all projects with billable costs to ensure timely completion of monthly bills.
Engages with Program Control team to work through variances, changes, calculations to support customer invoicing amounts.
Provides research and tracing sources of error to correct billing records for clients and in processing records for advance or final billings.
Respond and assist Accounting team for cash receipt application, including currency exchange differences, short payments, overpayments and interest amounts. Work with customer contacts to obtain information necessary to identify cash receipt differences.
Presents first-time project invoices to Supervisor for full review before submission, also additional review subject to high-dollar customer invoice amounts.
Attends project kick-off meetings to ensure project set up aligns with invoicing requirements established in contractual documentation.
Prepares weekly reports on invoicing totals, aging totals, cash receipts and invoice adjustments; provide actionable plan to collect or specific notes as to the delay in payment. Contacts customers to inquire about payment status.
Provides adhoc responses to Controller for cash forecasting purposes and audit requests.
Prepares monthly report to explain unbilled variances with detail and actionable notes. Hosts monthly meeting with Program Control team to resolve unbilled items.
Maintains list of projects requiring closeout, perform indirect rate analysis between actual and provisional rates for billing, respond to customer request for closeouts.
Trains and directs staff on the accounts receivable system and Company policies and procedures.
Perform closeout actions related to billing, including indirect rate variance and project reconciliation.
Supports Finance Team with other tasks such as Ticket Support. REQUIRED QUALIFICATIONS
Perform billing standard procedures on multiple projects under multiple programs and customers.
Produce internal reports and customer deliverables for Fixed Firm Price, Cost Reimbursable and T&M contracts.
Collaborate with Program Cost/Control Specialist, Lead or Manager on cost forecasting, change management and scenario planning
Assist in production of monthly Project Status Reports for all projects
Support Program Cost/ Control Specialist, Lead or Manager with funding and reporting needs
Prepare monthly/quarterly/annual financial variances to actuals, forecast, budget, and prior year
Perform special projects as needed
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 supporting and analyzing FFP, T&M, and Cost-Plus contract types.
Experience working with large data sets and analytics.
Possess strong oral and written communication skills, and comfortable with presenting to executive leadership
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.
Must be proficient in using different technologies such as computers and other tools and systems pertinent to the position. TRAVEL REQUIREMENTS
In rare occasions, overnight travel may be required. PHYSICAL ENVIRONMENT AND WORKING CONDITIONS
Cambridge International Systems complies with Temporary Duty Station (TDY)/Outside Continental United States (OCONUS) vaccination requirements. If this position requires OCONUS travel (listed above), Vaccine Recommendations by AOR Health.mil lists out applicable current vaccination requirements by location.
Must be able to work in an office environment, sitting at a desk, looking at a computer for most of the workday.
Work is physically comfortable; the employee has discretion about sitting, walking, standing, etc.
May be required to travel short distances to offices/conference rooms and buildings on site. laptop computer and other required tools. BENEFITS AND PERKS
Cambridge International Systems is committed to investing in our employees and their future by providing them with competitive compensation, career development opportunities, comfortable working conditions, and a comprehensive benefits package, some of which are listed below:
Medical, dental, vision, Life/AD&D/STD/LTD insurance
401(k) matching and immediate vesting
Paid time off and holidays
Generous tuition & training assistance program
Relocation assistance
Sign-on bonuses
Referral bonuses
Performance-based bonuses
Community involvement & outreach
Wellness program
Employee Assistance Program (EAP)
Tickets at Work REFER TO A FRIEND
If you know someone who may be interested, please share this posting. We are a growing team and there may be more opportunities like this one here at Cambridge International Systems. MORE ABOUT US
At Cambridge, we recognize innovation and agility grow through diverse collaboration. Our team is comprised of unique individuals, and it is our policy to provide equal opportunity in recruiting, hiring, training, and promoting individuals in all job categories without regard to race, color, religion, national origin, gender, age, disability, genetic information, veteran status, sexual orientation, gender identity, or any other protected class or category as may be defined by federal, state, or local laws or regulations. It is our firm intent to support equal employment opportunity and affirmative action in keeping with applicable federal, state, and local laws and regulations.
If you are a qualified individual with a disability or a disabled veteran requiring assistance with the application process, please visit for information on how to request assistance.