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Zero Point, Inc Accounting Project Controller in Virginia Beach, Virginia

PRIMARY OBJECTIVE OF POSITION: The Accounting Project Controller is responsible for overseeing the funding status of both prime and subcontracts, ensuring compliance with contract terms and financial regulations. Additionally, they play a key role in bid and proposal work, assisting in cost estimation, pricing strategy development, and financial analysis to support successful contract acquisition.

MAJOR DUTIES & RESPONSIBILITIES:

  • Regularly review funding allocations for prime and subcontracts to ensure they align with contract terms and budgetary constraints

  • Track and analyze funding levels to identify potential shortfalls or surpluses

  • Collaborate with project managers to understand project requirements and funding needs

  • Provide financial guidance and support in planning, budgeting, and forecasting for contracts

  • Accurately maintain and update financial records related to contracts, including budgets, expenses, and funding status.

  • Develop and Manage Government Services Contract business indirect rates

  • Generate and distribute regular reports detailing the funding status of prime and subcontracts

  • Provide analysis and recommendations based on financial data

  • Evaluate and process requests for budget revisions or reallocations in accordance with contract terms and company policies

  • Ensure that all financial activities related to contracts comply with relevant laws, regulations, and company policies (GAAP, FAR, DFAR, GAS, DCAA, DCMA, etc.)

  • Develop and manage corporate financial relationships with relevant Government agencies, such as DCAA, DCMA, DFAS, etc.

  • Prepare and Manage Governmental Accounting documentation and submissions, such as annual Incurred Cost Submissions, annual Provisional Rates submissions, DCAA/DCMA audits, etc.

  • Monitor and report any discrepancies or non-compliance issues

  • Assist in forecasting future funding requirements for ongoing and upcoming contracts

  • Contribute to long-term financial planning based on contract projections

  • Act as a point of contact between internal teams, Government contracting offices, clients, and subcontractors regarding funding-related inquiries

  • Provide timely updates and responses to all relevant stakeholders

  • Identify potential financial risks or issues related to funding and work proactively to mitigate them

  • Develop contingency plans for funding shortfalls or unexpected expenses

  • Monitor and track payments to subcontractors to ensure they align with contract terms and funding availability

  • Develop and manage financial submissions, audits and reviews related to contracts, and provide necessary documentation and explanations as required

  • Identify opportunities for process improvements in financial management related to contracts

  • Implement best practices and efficiencies to enhance contract finance administration

  • Maintain organized and comprehensive records of all financial transactions, correspondence, and contract-related documents

  • Manage and ensure all contract related transactions are captured in a timely and accurate manor in the companies Accounting Systems, including job costs, billings, subledgers, etc., as well as in Government System touch points such as WAWF, DCAA compliance documentation, etc.

  • Provide training and support to colleagues or team members on contract finance processes and tools

  • Develop cost estimates for bids and proposals, considering various factors such as labor, materials, overhead, travel, ODCs, and contingencies

  • Conduct cost analysis to ensure competitive pricing while maintaining profitability

  • Collaborate with cross-functional teams to prepare budgets for bids and proposals, ensuring alignment with project requirements and financial constraints

  • Conduct profitability analysis on potential contracts to assess their financial viability and contribution to the organization's overall goals

  • Provide financial expertise and support during contract negotiations, offering insights on pricing, payment terms, and financial implications

  • Develop financial documentation and exhibits for inclusion in bid and proposal submissions, ensuring accuracy and clarity

  • Prepare Pricing narrative documentation and analysis for Government bid and proposal submissions

  • Conduct market research to gather competitive intelligence on pricing trends, industry benchmarks, and cost structures

  • Develop pricing strategies to maximize competitiveness and profitability

  • Perform cost benefit analyses to assess the potential return on investment for specific bids and proposals

  • Participate in proposal presentations, providing financial insights and addressing any financial-related questions from clients or stakeholders

  • Evaluate the financial aspects of unsuccessful bids to identify areas for improvement and gather lessons learned

  • Stay informed about relevant government regulations, especially those related to cost accounting standards and pricing strategies for government contracts

  • Work closely with legal and contracts teams to ensure that bid and proposal submissions align with legal and contractual requirements

  • Conduct scenario modeling and sensitivity analysis to assess the impact of different variables on the financial outcomes of bids and proposals

  • Maintain comprehensive records of bid and proposal activities, including financial data, correspondence, and documentation related to pricing strategies

    MINIMUM QUALIFICATIONS

  • A bachelor's degree in finance, accounting or business administration required

  • A minimum of 2-5 years of relevant experience in contract finance administration, financial analysis, or a related field. Experience in Department of the Defense (DOD) government contracting preferred

  • Familiarity with non-FAR based procurement vehicles (Cooperative Research and Developmental Agreements, other transactions, etc.) a plus

  • Strong understanding of financial principles, including budgeting, forecasting, cost analysis, and financial reporting

  • Familiarity with contract terms, funding mechanisms, and compliance requirements

  • Experience in supporting bid and proposal activities, including cost estimation, pricing strategy development, and proposal review

  • Proficiency in data analysis, financial modeling, and the ability to interpret financial data to support decision-making

  • A high level of accuracy and attention to detail is crucial in maintaining precise financial records and ensuring compliance

  • Strong verbal and written communication skills are essential for effective collaboration with cross-functional teams, clients, and subcontractors

  • Ability to identify and address financial issues, propose solutions, and implement process improvements

  • Proficiency in Microsoft Excel, as well as familiarity with financial management software and enterprise resource planning (ERP) systems

  • Understanding of relevant industry regulations, government contracting requirements, and cost accounting standards (GAAP, FAR, DFAR, GAS, DCAA, DCMA, etc.)

  • Ability to work effectively in a team environment and collaborate with colleagues from various departments

  • Flexibility to adapt to changing priorities and deadlines in a dynamic work environment

  • Adherence to ethical standards and a commitment to maintaining confidentiality and integrity in financial transactions and reporting

  • Ability to work with varying seniority levels, including staff, managers and external partners

Department

CORP

Employment Type

Full Time

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