Zero Point, Inc
Zero Point, Inc is hiring: Accounting Project Controller in Southern Pines
Zero Point, Inc, Southern Pines, NC, US
Job Description
Job Description
Salary:
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