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The Business Lead is responsible for the preparation and analysis of financial studies and reports and act as a strategic partner providing timely and concise reporting & recommendations to improve results and performance to ensure successful contract & operational management and execution.
Job Responsibility:
Applies knowledge of accounting principles to activities associated with maintaining ledger accounts and developing financial statements and reports
Updates and reviews monthly account reconciliations
Ensures that the internal financial reporting requirements of the company are met
Ensures contract invoices are accurate and reconciled for monthly payment
Responsible for monthly close and adjusting journal entries
Point of contact for site and customer support for the financial management organization
Audits and prepares reports on the status of the contract and identifies areas for remediation
Reviews work prepared by others and provide constructive comments and/or suggestions to foster efficiencies and improvements for the department
Conducts studies and submit recommendations for improving the organization’s accounting processes
Serves as a consultant to implement accounting functions during phase-in of a new contract
Provides financial support including forecasting, budgeting, and analyzing variances from budget
Prepares analyses of accounts receivables and administers the collection of past due receivables
Prepares monthly invoices and submit timely billing to the customers
Completes unbilled analysis for the project
Identifies opportunities of cost savings for Operations and be the business advisor
Works closely with Operations, support financial reporting for the client, and helps maintain financial health of the project
Creates and maintains project codes used by Operations
Assist Business Manager in support of all sector level reporting, including creation of unbilled analysis and cash management plans
Manage quick turnaround requests for senior management in a fast-paced work environment
Keeps good documentation of contracts and purchase orders
Requirements:
Bachelor’s degree in finance, business administration or demonstrated equivalent
Knowledge of General Accepted Accounting principles (GAAP) required
Preferred knowledge of Federal Acquisition Regulations (FAR), Joint Travel Regulations (JTR), and Cost Accounting Standards (CAS)
Good oral and written communication skills
working knowledge of word-processing and integrated software applications
organizational skills and ability to perform detail-oriented work are required
Advanced knowledge of Microsoft Excel and preferred knowledge in Costpoint, Essbase, Hyperion, Cognos, Project Accounting
Six (6) to Eight (8) years of previous accounting experience required
1-2 years of team handling experience is preferred
Ability to organize and prioritize multiple work assignments, work with little supervision, and work well under pressure
Good interpersonal and communication skills with the ability to communicate effectively with all levels throughout the organization
Ability to perform data extraction and manipulation, analyze financial data, and generate reports
Demonstrate proficiency in finance and accounting relational databases and Microsoft applications
Nice to have:
Preferred knowledge of Federal Acquisition Regulations (FAR), Joint Travel Regulations (JTR), and Cost Accounting Standards (CAS)
Advanced knowledge of Microsoft Excel and preferred knowledge in Costpoint, Essbase, Hyperion, Cognos, Project Accounting
1-2 years of team handling experience is preferred