Job Abstract

Job ID

2024-10752

Posted Date

Accounting/Budget/Finance

Job Location

US-VA-McLean

We are a world-class team of professionals who deliver next generation technology and products in robotic and autonomous platforms, ground, soldier, and maritime systems in 50+ locations world-wide. Much of our work contributes to innovative research in the fields of sensor science, signal processing, data fusion, artificial intelligence (AI), machine learning (ML), and augmented reality (AR).

QinetiQ US’s dedicated experts in defense, aerospace, security, and related fields all work together to explore new ways of protecting the American Warfighter, Security Forces, and Allies. Being a part of QinetiQ US means being central to the safety and security of the world around us. Partnering with our customers, we help save lives; reduce risks to society; and maintain the global infrastructure on which we all depend.

Why Join QinetiQ US?

If you have the courage to take on a wide variety of complex challenges, then you will experience a unique working environment where innovative teams blend different perspectives, disciplines, and technologies to discover new ways of solving complex problems. In our diverse and inclusive environment, you can be authentic, feel valued, be respected, and realize your full potential. QinetiQ US will support you with workplace flexibility, a commitment to the health and well-being of you and your family and provide opportunities to work with a purpose. We are committed to supporting your success in both your professional and personal lives.

QinetiQ US is looking for an Accounts Receivable Specialist to join our team.

• Manage monthly billings, collection and unbilled reporting for T&M/FFP/CPFF/milestone contracts and reconciliation to revenue
• Perform weekly/monthly reconciliation of revenue, billings unbilled
• Maintain AR collections to ensure all open receivables over 30 days are collected within 45-60 days from billing
• Interpret and understand contracts and proposals billing instructions requirements, revenue recognition and reporting requirements
• Prepare, review and submit timely and accurate billings for government and commercial customers in compliance with contractual and FAR regulations for all contract types including T&M/FFP/CPFF each month
• Proactively track milestone/progress billings/payments in CP or other format as approved
• Assist Project Managers/Financial Analysts with invoicing, billing, reporting and workforce questions as necessary
• Monitor labor and expenses charged to projects and charges sitting in our Open Billing details
• Reconcile unbilled receivables and research and analyze information to determine appropriate course of action including revising/re-submitting billings
• Assist with billing process improvement with internal controls, financial statement reporting and audit compliance and recommend changes to improve current process
• Assist in other AR areas such as collections and final Contract Close outs/true up invoices
• Maintain and update billing documents in accordance with QinetiQ policies and guidelines
• Participate in Contract Kice-off meetings, understand the terms of contract, contract type, billing instruction to ensure it meets contractual requirements
• Maintain organized and detailed billing folders to facilitate tracking of billings and audit purposes
• Daily/Weekly/Monthly update the AR Aging and Unbilled Reporting

• At least six years of accounting experience and proficiency with accounts receivable (AR) are required.
• Strong communication skills
• Experience with Deltek Costpoint

Accessibility/Accommodation:

If because of a medical condition or disability you need a reasonable accommodation for any part of the employment process, please send an e-mail to staffing@us.QinetiQ.com or call (540) 658-2720 Opt. 4 and let us know the nature of your request and contact information.

QinetiQ US is an Equal Opportunity/Affirmative Action employer. All Qualified Applicants will receive equal consideration for employment without regard to race, age, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.