Sr. Closeout Specialist (0004)

Posted Yesterday
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Washington, DC, USA
In-Office
Senior level
Information Technology • Consulting • Financial Services
The Role
Senior Contract Closeout Specialist responsible for closing and de-obligating federal contracts (fixed-price, cost-reimbursement, T&M, labor-hour, hybrids). Track, maintain, and report aged contract backlogs; review DCAA incurred cost audit submissions and reports; apply FAR guidance during closeout processes; support acquisition/procurement activities for federal clients.
Summary Generated by Built In

0004 Contract Closeout Specialist (Senior)

OCT Consulting is a business management and technology consulting firm that supports Federal Government clients. We provide consulting services in the areas of Strategy, Process Improvement, Change Management, Program and Project Management, Acquisition/Procurement, and Information Technology.

Responsibilities and Duties

OCT currently has an opening for a Senior Contract Close-out Specialist with more than (7) years of experience as a Contract Specialist or a Contract Close-out Specialist to work with our federal client.  Experience supporting an acquisition office in the Contract and Procurement Series, 1102 is preferred. The experience can be either as a federal government employee or as a contractor supporting a Federal or commercial acquisition office or a combination of both. Expertise in closing firm-fixed, cost-reimbursement, time and material, labor hour, or any variant to include hybrid contracts is required.


Requirements

Qualifications

  • Must be a U.S. Citizen
  • Four- year degree or equivalent experience.
  • Knowledge of the FAR.
  • More than seven (7) years of de-obligation and contract closeout experience of fixed-price and cost type contracts.
  • Two years of experience reviewing DCAA Incurred Cost Audit submissions and Incurred Cost Audit Reports.
  • Experience using the FAR in the de-obligation and close-out process.
  • Experience in handling an aged backlog of contracts that need to be maintained, closed out, tracked, and reported.

Benefits

OCT offers competitive compensation packages and a full suite of benefits which includes:

  • Medical, Dental, and Vision insurance
  • Retirement savings 401K plan provided by an industry leading provider with 3% employer contributions of the employee’s gross salary
  • Paid Time Off and Standard Government Holidays
  • Life Insurance, Short- and Long-Term disability benefits
  • Training Benefits

About US

OCT Consulting LLC is a Small Business (SB) providing professional services and information technology solutions to the Federal government and commercial clients. Founded in 2013, we bring the agility of operations and a management team with a track record of leading successful engagements at major Federal government agencies.
At OCT we believe in creating a work environment where employees can thrive based on their abilities, skills, and achievements. We are dedicated to providing career growth and professional development based on individual merit and fostering a workplace where everyone’s contributions are valued and recognized.

Skills Required

  • More than seven years of experience as a Contract Specialist or Contract Close-out Specialist
  • Experience supporting an acquisition office in the Contract and Procurement Series, 1102
  • Expertise closing firm-fixed, cost-reimbursement, time-and-material, labor-hour, and hybrid contracts
  • De-obligation and contract closeout experience for fixed-price and cost-type contracts
  • Two years of experience reviewing DCAA Incurred Cost Audit submissions and Incurred Cost Audit Reports
  • Knowledge of and experience using the FAR in de-obligation and closeout processes
  • Experience handling an aged backlog of contracts: maintain, close out, track, and report
  • Must be a U.S. Citizen
  • Four-year degree or equivalent experience
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The Company
HQ: McLean, VA
42 Employees
Year Founded: 2013

What We Do

OCT Consulting LLC is an SBA-certified 8(a) small disadvantaged business providing federal government and commercial clients with highly skilled professional services. OCT Consulting's executive team and consultants are seasoned professionals and highly sought after leaders with experience at industry leading consulting firms.

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