What are the responsibilities and job description for the Grants/ Contracts Financial Analyst/Accountant position at AAMVA?
Position Summary : Lead the periodic review and maintenance of AAMVA’s cost allocations, including indirect costs and joint direct costs. Lead the indirect cost rate management process and provide direct support to develop the annual Incurred Cost submission for AAMVA’s cognizant agency. Lead the indirect cost rate and cost allocation forecasting process, including impacts on revenue and profit. Support the monthly grant / contract billing process as well as indirect cost rate billing true-ups for Federal awards once final rates are obtained. Monitor compliance impacts per the CFR, FAR, etc. Provide analysis and reporting to give leadership insights into rate performance, risks, and recommendations.
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Essential Duties and Responsibilities :
- Support the indirect rate restructure project to analyze potential future-state scenarios, determine cost accounting practice (CAP) changes, and quantify cost impact to applicable contracts.
- Lead the periodic review of AAMVA’s cost allocations and any updates required in the financial systems.
- Manage the compilation and submission of AAMVA’s annual incurred cost proposals and provisional billing rate packages to AAMVA’s cognizant agency.
- Manage the monthly indirect rate monitoring and intra-year forecasting efforts including rate monitoring, model development / revision, analysis, and variance identification and investigation.
- Research regulatory interpretations on issues arising from application of CFR / FAR, federal agency-specific compliance, and other relevant federal / state & local cost accounting guidance.
- Respond to ad hoc requests to address control issues on new business processes impacting government compliance and / or indirect rates.
- Support the monthly billing process for grants / contracts as well as the periodic final indirect cost rate billing true-ups.
- Support the financial reporting requirements for grants / contracts e.g. SF-425s.
- Managing and maintaining documentation related to the life cycle of grants and contracts. Direct Report(s) :
- N / A
QUALIFICATIONS
Formal Education :
BA / BS in finance, accounting, or related field required. MBA a plus.
Knowledge, Skills and Abilities Required :
Cost accounting structures and practices
Experience with modeling alternative indirect cost rate restructures and quantifying cost impacts as a result of cost accounting practice changes.
Disclaimer Statement : The preceding job description has been written to reflect management’s assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned.
AAMVA is an Equal Opportunity Employer Veterans / Disabled