What are the responsibilities and job description for the Contract Closeout Specialist (Hybrid) position at ITegrity, Inc.?
Location : Rockville, MD, United States
Title : Contract Closeout Specialist
Location : Rockville, MD (Hybrid Role)
Terms : Full-Time
Clearance : Qualified candidates must be US citizens and able to obtain a minimum of public
trust clearance
Travel : 0% - 25%
Pipeline : This role is a pipeline for a potential opportunity in the first quarter of 2025
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Description
In this position the ideal candidate will be tasked with providing contract closeout administrative
support for our federal government customer. The Contract Closeout Specialist will be
responsible for managing the closeout process for a wide range of government contracts,
including but not limited to cost-reimbursement, fixed-price, time-and-materials, and labor-hour
contracts. The specialist will ensure that all contractual obligations are met, final payments are
processed, and required documentation is completed in accordance with Federal Acquisition
Regulations (FAR) and agency-specific guidelines. This role is critical to ensuring the efficient
and compliant closure of contracts, minimizing risks, and supporting the agency's mission.
Responsibilities :
Contract Closeout Management :
Review and analyze contract terms and conditions to determine closeout
requirements.
Monitor contract performance and ensure all deliverables are completed and
accepted by the government.
Coordinate with contracting officers, program managers, and other stakeholders
to facilitate the closeout process.
Financial Reconciliation :
Perform detailed financial analysis to reconcile contract funding, expenditures,
and payments.
Process final invoices and ensure proper documentation is submitted for final
payment.
Coordinate with finance and accounting departments to resolve any
discrepancies.
Documentation and Compliance :
Prepare and submit all required closeout documentation, including contract
closeout checklists, final reports, property disposition records, and contractor
release of claims.
Ensure compliance with the FAR, agency policies, and other applicable
regulations throughout the closeout process.
Maintain accurate records of all closeout activities and documentation for audit
purposes.
Maintain the closeout filing room, located in Rockville, MD.
Communication and Coordination :
Serve as the primary point of contact for contract closeout matters, responding to
inquiries from contractors, government officials, and other stakeholders.
Facilitate meetings and discussions with relevant parties to resolve any
outstanding issues preventing contract closeout.
Provide regular updates on the status of contract closeouts to contracting
officers, the COR, and the Program Manager.
Identify and recommend process improvements to streamline the contract
closeout process.
Develop and update closeout procedures, templates, and best practices to
ensure consistency and efficiency.
Provide training and guidance to junior staff, as required.
Requirements
Minimum Education : BS / BA degree in a related field
Minimum Experience : 3 years of federal contact closeout experience
Knowledge of FAR and other relevant regulations governing federal contracts Familiarity
with government financial systems and contract management software
Excelling organizational skills, with the ability to manage multiple contract closeouts and
deadlines simultaneously
Effective communication and interpersonal skills for interacting with government officials,
contractors, and team members
Preferred Qualifications
Experience with closeouts for the Department of Health and Human Services (HHS)
Salary Range : $70,000-100,000k Depending on Experience
Salary : $70,000 - $100,000