Corporate Accountant

at  Bailey Information Technology Consultants LLC

CORPORATE ACCOUNTANT

At Bailey Information Technology Consultants LLC , we’re dedicated to delivering exceptional service and innovative solutions to our government clients. As a leading government contractor, we specialize in managing large-scale projects with precision and expertise. Join us and be part of a dynamic team that drives success and exceeds expectations.

JOB DESCRIPTION:

Are you an accounting professional with a knack for financial analysis and government contracting? We’re seeking a detail-oriented and proactive DOD Contract Financial Accountant/Analyst to manage financial operations for our high-profile consulting projects. If you have experience with Big Time Projector and QuickBooks and thrive in a fast-paced environment, this role is for you!

MINIMUM REQUIREMENTS:

• Bachelor’s degree in Accounting or related field.
• 2-4 years of experience in accounting or financial analysis.
• Proficiency with Big Time Projector, QuickBooks, MS Excel, and other data management tools.
• Experience with revenue recognition, accrual accounting, and government contracting is a plus.

KNOWLEDGE / SKILLS / ABILITIES (KSAS):

• Strong understanding of accounting principles for consulting projects, including accounts receivable and general ledger reconciliations.
• Professionalism in handling customer interactions, collection issues, and disputes.
• Expertise in MS Office Suite and ability to work under pressure with tight deadlines.
• Ability to interpret contract documents and apply problem-solving skills.
• High accuracy, attention to detail, and strong analytical thinking.

• Financial Management: Handle various financial tasks for consulting projects, including revenue and billing formulas, contract funding, and modification reconciliation.
• Opportunity Assessment: Review, manage and perform variance analysis on Estimates-At-Completion/-To Completion.
• Reporting & Analysis: Prepare ad hoc project reporting, month-end journal entries, and coordinate with support teams for accurate financial management.
• Contract & Scope Review: Analyze contract customer requirements and project scope to ensure objectives are met and escalate issues as needed.
• Documentation & Reconciliation: Prepare account receivables/payables, sales orders, purchase orders, and reconcile project details between Big Time Projector and Quick Bools.
• Budget & Revenue Maintenance: Maintain accurate budget details and revenue recognition on individual projects from inception to project closeout
• Team Collaboration: Attend team meetings, manage AP and AR meetings with expense reports, vendor bills, and customer invoices.

Duties Include:

• Handle various financial tasks for assigned consulting projects and programs, interfacing with team members, sales and consulting staff, management, and externally as needed to complete work activities.
• Establish and maintain revenue and billing formulas.
• Monitor and maintain contract funding and modification reconciliation.
• Review and approve some opportunities/new bookings from the sales team.
• Review Estimate-At-Completion/-To Completion and perform variance analysis.
• Prepare ad hoc project reporting and analysis as required.
• Prepare month end project journal entries.
• Coordinate activities with support teams including Product Accounting, Contracts, and Sales.
• Review and analyze contract customer requirements and project scope to achieve project objectives. Escalate issues to management that are outside scope, guidelines or performance expectations.
• Prepare sales order documents and purchase orders in accordance with customer and vendor agreements.
• Reconcile project details between OpenAir and NetSuite.
• Maintain revenue recognition accurately on individual projects.
• Maintain budget details, and cost and revenue buildup accurately before opportunity/booking approval is completed.
• Attend team meetings and other project-related meetings as required.
• Provide assistance to AP team i.e. expense reports, vendor bills, etc., when needed.
• Provide assistance to AR team i.e. customer invoice generation and/or clean-up, etc., when needed.

This role also monitors the status of financial accounts, ensuring that task order charges accurately reflect the correct labor hours and rates, subcontractor costs and other direct costs (ODCs). Other tasks include monitoring spending versus plan and escalating any over runs/under runs. You will prepare financial reports, statements and estimates.