Accounts Receivable / Contracts Analyst
The Aerospace Corporation is the trusted partner to the nation’s space programs, solving the hardest problems and providing unmatched technical expertise. As the operator of a federally funded research and development center (FFRDC), we are broadly engaged across all aspects of space— delivering innovative solutions that span satellite, launch, ground, and cyber systems for defense, civil and commercial customers. When you join our team, you’ll be part of a special collection of problem solvers, thought leaders, and innovators. Join us and take your place in space.
At Aerospace, we are committed to providing an inclusive and diverse workplace for all employees to share in our common passion and aspiration – to carry out a mission much bigger than ourselves.
Job Summary
The Finance division oversees Government Compliance. The Accounts Receivable/Contracts Analyst will prepare and submit government billing for firm-fixed-price, cost plus, and T&M type invoices. You will be required to evaluate and apply billing requirements in accordance with the US Federal Acquisition Regulation and other contractual clauses and submit invoices through the use of complex billing portals. S/he should be able to develop and maintain key stakeholder relationships with internal and external customers as needed. This is a full-time position based in El Segundo, CA.
What You’ll Be Doing
You will collaborate with internal organizations regarding customer invoicing terms and conditions, requirements, funding status, and unbilled costs.
You will review proposed invoicing terms and conditions to ensure invoices and billing procedures remain consistent for all our customers. Recommends alternative solutions or approaches as necessary.
You will prepare invoices with sufficient supporting documentation. Survey project costs for billability to ensure invoicing matches the customer’s contract terms and is consistent with corporate practices.
You will assist internal and external customers regarding billing inquiries.
You will perform preliminary collection activities and documentation on past due accounts.
You will prepare general ledger journal entries to record billed and unbilled activity during the fiscal month and performs month-end close activities as assigned.
You will prepare schedules in support of the company’s annual incurred Cost Claim submission.
What You Need to be Successful:
Minimum Requirements Level II:
Bachelor’s degree from an accredited program (Transcripts for degree completion may be requested)
Typically, four or more years of contract billing experience
Experience preparing, reviewing, submitting timely and accurate invoices with financial support documentation
Ability to review and understand contract terms and conditions and ensure the customer’s contractual invoicing requirements remain within existing billing processes and invoice formats
Experience working with ERP systems (e.g. SAP, Oracle, Workday) and MS Excel
Position requires working a standard 5-day schedule and working more than standard working hours, particularly during fiscal year-end close (September through November)
This position may require the ability to obtain and maintain a security clearance, which is issued by the US government. U.S citizenship is required to obtain a security clearance.
Minimum Requirements Level III:
Same requirements as Level II noted above, in addition to:
Typically, six or more years of contract billing experience
How You Can Stand Out
It would be impressive if you have one or more of these:
Master’s Degree in Accounting from an accredited program or a CPA
10 or more years of contract billing experience
Financial reporting to multiple government agencies within prescribed deadlines
Experience with Federal contracting regulations (e.g. FAR, DFAR), rates (e.g. overhead, CAS-414, and fee)
Experience invoicing different contract types (CPFF, FFP, T&M, Grants, etc.)
Ways We Reward Our Employees
During your interview process, our team will provide details of our industry-leading benefits.
Benefits vary and are applicable based on Job Type. A few highlights include:
- Comprehensive health care and wellness plans
- Paid holidays, sick time, and vacation
- Standard and alternate work schedules, including telework options
- 401(k) Plan — Employees receive a total company-paid benefit of 8%, 10%, or 12% of eligible compensation based on years of service and matching contributions; employees are immediately eligible and vested in the plan upon hire
- Flexible spending accounts
- Variable pay program for exceptional contributions
- Relocation assistance
- Professional growth and development programs to help advance your career
- Education assistance programs
- An inclusive work environment built on teamwork, flexibility, and respect
We are all unique, from diverse backgrounds and all walks of life, yet one thing bonds all of us to each other—the belief that we can make a difference. This core belief empowers us to do our best work at The Aerospace Corporation.