AR/AP Accounting Lead

Summary:

The AR/AP Accounting lead will be responsible for the Accounts Receivable and Accounts Payable operations of the business. This position may report to the Controller or Assistant Controller. This position will direct the Accounts Receivable and Accounts Payable functions of the Accounting Department in support of the two organizations comprising SES-GS and its long-term objectives. The Accounting Lead provides technical expertise and leadership to the Accounts Receivable and Accounts Payable accountants in the areas of financial accounting, cost accounting, GAAP, FAR and CAS. With the assistance of the Controller/Assistant Controller directs the organization in the development, implementation, and maintenance of accounting, financial and cost accounting processes, systems, and practices. Must be willing to roll-up their sleeves and work issues side-by-side with staff. Must be willing to work extended hours to meet internal and corporate deadlines.

Principal Duties and Responsibilities:

1. Leads daily operations of the Accounts Payable and Accounts Receivable Departments

2. Accounts Receivable Responsibilities:

• Provides day-to-day guidance to the Accounts Receivable accountants
• Ensures invoices are issued to our customers accurately and timely
• Oversees collections: ensures invoices are paid within terms and has and established mechanism to immediately notify if an invoice is past due, follow up and escalation plan until paid/resolved
• Responsible for providing the Controller with a monthly cash forecast and variances to forecast
• Monitor DSO and improve collection process, if applicable
• Responsible for closeout activities
• Responsible for ensuring internal controls over accounts receivable are followed
• Monitor and maintain AR policies and procedures

3. Accounts Payable Responsibilities:

• provides day-to-day guidance to the Accounts Payable accountants
• ensures all vendor invoices are processed accurately and timely; ensures employee expense reports are paid accurately and timely
• ensures vendor invoices are paid within terms to avoid late fees/penalties
• responsible for providing the Controller with a monthly cash forecast and variances to forecast
• 1099 working knowledge
• Responsible for ensuring internal controls over accounts payables are followed
• Monitor and maintain AP policies and procedures

4.Serves as the focal point for all Accounts Receivable and Accounts Payable inquiries

5.Supports annual Incurred Cost Submission

6.Must have strong, current, hands-on knowledge of Costpoint, specifically as it relates to the Accounts Receivable and Accounts Payable modules; must be able to provide support/troubleshooting to staff

7.Responsible for ensuring compliance with and consistent application of all relevant accounting and regulatory rules, regulations and Company policies as it relates to Accounts Receivable and Accounts Payable

8.Responsible for continuously assessing current operations to identify and implement efficiencies, including an annual 100% by-employee review against business needs.

9.Responsible for supervision, including but not limited to, hiring, training, mentoring, cross-training, evaluating, succession planning, counseling and disciplining of assigned employees.

10.Must have experience and proven success in process streamlining to gain efficiencies within the area of responsibility.

Basic Qualifications:

1. Bachelor's degree in Accounting, Finance or Business Administration.
2. Minimum of 7 years of progressive work experience to obtain a comprehensive knowledge of accounting, financial, and accounting practices and procedures.
3. Minimum of 5 years of recent and relevant U.S. Government contracting industry experience.
4. Minimum of 5 years current/recent hands-on Costpoint experience - Must possess strong working knowledge in Accounts Receivable and Accounts Payable Costpoint modules
5. Ability to meet communicated schedules and deadlines.
6. Working knowledge of GAAP, Federal Acquisition Regulations (FAR) and Cost Accounting Standards.
7. Strong management, interpersonal and communication skills; Professional conduct at all times, at all levels. Must be comfortable addressing performance issues if they arise
8. Strong analytical skills; ability to analyze and interpret financial data, solve moderately complex accounting problems
9. Strong work ethic - must be able to prioritize and manage multiple, critical projects simultaneously; must be able to work extended hours to meet monthly internal and Corporate deadlines.
10. Excellent Microsoft Excel skills; must be able to quickly manipulate large amounts of data
11. Excellent written, verbal, and communication skills.
12. U.S. Citizen

Preferred Qualifications:

1. Business Intelligence/Cognos working knowledge
2. MS Dynamics knowledge
3. SAP knowledge