Finance Lead - CostPoint

Position Overview

Key Responsibilities

• Oversee project revenue recognition and invoicing, ensuring accuracy, timeliness, and alignment with contract terms and applicable accounting and federal contracting requirements.
• Manage billing cycles, including invoice preparation, CostPoint billing rules, customer accounts, billed and unbilled receivables, and related financial postings.
• Monitor receivables aging, cash collections, and days sales outstanding (DSO); resolve billing inquiries and collection issues to support cash flow.
• Build, customize, and maintain CostPoint reports using Cognos or native reporting tools; prepare revenue reports, billing summaries, and financial dashboards that integrate data across modules.]
• Analyze revenue variances, billing discrepancies, and collection trends; identify root causes and implement corrective actions.
• Serve as the CostPoint subject matter expert for revenue and billing operations; troubleshoot cross-module issues, configure relevant system settings, and ensure accurate data flows between Project Management, Revenue Billing, General Ledger, Accounts Receivable, and Cost Accounting.
• Partner with Program Managers, Contracts, and Finance leadership to align billing practices with contract requirements and communicate timely financial insights.
• Directly supervise billing staff and junior analysts; assign work, monitor performance, conduct reviews, and support professional development.
• Train team members on revenue recognition, billing procedures, CostPoint functionality, and reporting; develop standardized procedures and improve or automate workflows.
• Maintain audit-ready records and compliance documentation; support internal and external audits, resolve inquiries, and assist with ad hoc analyses and special projects.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 7–10 years of progressive experience in revenue management, billing operations, or project finance within a federal contractor environment, including government contracting revenue recognition and compliance.
• At least 5 years of hands-on experience with Deltek CostPoint Revenue and Billing modules, including invoice generation, billing rules, and customer account management.
• Working knowledge of CostPoint Project Management, General Ledger, Accounts Receivable, and Cost Accounting modules, including integrations and upstream project data that affect billing and revenue.
• Demonstrated ability to build complex custom, ad hoc, and scheduled CostPoint reports that combine data from multiple modules using Cognos or native reporting tools.
• Proven ability to troubleshoot CostPoint issues across modules and resolve financial data discrepancies.
• Extensive experience with Cognos Analytics or business intelligence tools.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP), Federal Acquisition Regulation (FAR), and Cost Accounting Standards (CAS).
• Advanced proficiency in Microsoft Excel and financial modeling.
• Prior supervisory or team lead experience, with demonstrated ability to manage staff performance and development.
• Strong analytical, problem-solving, and communication skills; ability to work independently and manage competing priorities under tight deadlines.

Preferred Qualifications

• CPA, CMA, or another relevant professional certification.
• Master’s degree in Accounting or Finance, or an MBA.
• Deltek CostPoint certification or advanced training.
• Experience with Defense Contract Audit Agency (DCAA) audits and government contract closeouts.

Measures of Success

Location: Hybrid (2 Day per week in our Sterling, VA office on Tuesday and Wednesday)

• EEO Statement: REI Systems is an Equal Opportunity Employer.
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