ARA · 10 hours ago
Contract Closeout Specialist
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Responsibilities
Perform contract closeout actions for a variety of government and commercial contract types including cost-plus fixed fee (CPFF), time and material (T&M) and firm fixed price (FFP) contracts
Prepare final rate variance invoice for contracts covering multiple fiscal years, ensuring accuracy of billing
Utilize the Mechanization of Contract Administration Services (MOCAS) reporting, Electronic Data Access (EDA), and Wide Area Workflow (WAWF) systems to obtain contract documents, validate and submit closeout invoice and closeout package
Perform closeout function in accordance with contract requirements, documented procedures and maintain closeout checklist
Be able to interpret, analyze and use Defense Contract Audit Agency (DCAA) final contract cost reports to validate the final invoice, determine status of contract for closeout and other research as needed
Prepare contractor release of claims form and coordinate the document with the appropriate reviewers/signatories
Coordinate with Contracts team to obtain other closeout documents, i.e. property report, DD250, etc., to meet contract specific closeout requirements
Track contracts by fiscal year pending closeout
Be able to assist Contract Administrator in analyzing de-obligation modification, providing recommendation to accept or reject as applicable
Possess the ability to work independently with minimal direction
Provide exceptional internal and external customer service
Maintain digital files and closeout tracker, prepare correspondence and other documents related to contract closeout
Monitor accounts receivable to identify overdue payments; Finding and contacting debtors to arrange payment; keeping accurate records and reporting on collection activity
Other duties or special projects as needed
Qualification
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Required
Bachelor’s degree in related field or equivalent professional experience
At least 3 years of Contract Closeout experience including Cost-Plus, and T&M, billing
Must be customer service focused and have excellent time management skills
Strong understanding and knowledge of FAR requirements
Ability to handle multiple work priorities effectively and meet strict deadlines
Proficient with use of electronic accounting systems
Detail-oriented and good organizational skills
Proficient in Microsoft Office Applications (Excel, Word, Outlook)
Able to provide subject matter guidance related to contract closeout, deobligations and expiring funds
Must be proactive, well organized, and have ability to prioritize work
Proven ability to: Research and reconcile various types of data and information, Communicate well (both verbal and written), Work collaboratively with team members, and on an individual basis with minimal supervision, Work well under tight deadlines
Preferred
Experience working with DCAA, DCMA and other audit authorities
Prior work experience in a government contracting environment, billing cost reimbursable contracts
Deltek Costpoint software experience
Experience using Wide Area Workflow
Collections of aged receivables
Company
ARA
ARA provides research, engineering, and technical support services.
Funding
Current Stage
Late StageTotal Funding
$12MKey Investors
Engineer Research and Development Center
2023-03-17Grant· $12M
Recent News
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