Gryphon Technologies

  • Accounts Receivable Intern

    Job Locations US-DC-Washington
    Posted Date 6 months ago(1/31/2018 10:00 AM)
    ID
    2018-1912
    # of Openings
    1
    Category
    Accounting
  • Overview

    Gryphon Technologies LC, headquartered in Washington, DC, is a premier professional and engineering services provider specializing in warfare systems and integration, naval architecture and marine engineering, program management, test and evaluation, and logistics. Gryphon provides the skills necessary to manage the development and operations of these mission critical systems. For almost 20 years, the Company has designed, integrated, maintained, and upgraded state-of-the-art systems for the Department of Defense. Gryphon Technologies is the federal Government’s partner working in support of mission critical systems. We are proud of our ability to help shape tomorrow, while ensuring today’s U.S. and coalition forces can carry out their critical missions and tasks.

     

    Gryphon Technologies LC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, or disability status.

    Responsibilities

    Will assist the Accounts Receivable area with their contract close-out invoicing process. May also provide a variety of assistance to all other areas within the Accounting department as required.

    Responsible for closing out wide variety of contracts such as project interim and final invoicing for T&M, CP, CPFF, CPIF, CPAF and FFP contracts. Reviewing to assure that all terms and conditions of the contract’s requirement have been fulfilled, all financial information has been submitted and evaluated, and final payment has been made, and the contract is administratively retired in the data system.

    Validate AP, AR, and incurred cost reports from General Ledger. Evaluate accounting/cost transaction data to ensure accuracy and completeness. Validate indirect rate calculation. Check and verify data for completeness and accuracy. Analyze unbilled receivable balances and conduct backup spreadsheets to support findings; conduct variance analysis that reflects the cumulative unbilled amounts for the contract, labor hours, and raw cost reconciliations that have hour/cost discrepancies. Ensure all unbilled amounts are reconciled. Verify, validate and determine applicability of clauses, general and special provisions for what had been set-up in the accounting system and what had been billed to clients.

    Monitor problem account receivable items including past due problem accounts; escalate to appropriate level for resolution. Assist in collecting outstanding payment. Compile and review account reconciliations for accuracy, and resolve reconciliation issues for assigned projects. Give recommendation on Contract Closeout procedure in which processes may be optimized and/or improved. Operates independently in assigned project area with minimal supervision required. Exhibit independent judgment to complete tasks that occasionally require non-standard solutions.

    Other duties within the Accounting Department may be assigned.

    Qualifications

    Prefer person working on Bachelor of Accounting degree; and one year of related experience and/or training; or equivalent combination of education and experience.

     

    QUALIFICATION REQUIREMENTS:

    • Highly motivated individual able to work in fast-paced environment.
    • Organizational skills with the ability to multi-task efficiently.
    • Excellent written and oral communication skills to be able to work effectively with internal and external customers.
    • Responsible, accurate individual with the ability to meet defined due dates.
    • The ability to work independently with little to no supervision.
    • Adherence to company confidentiality requirements.
    • The individual will follow Loram’s safety rules and regulations

    COMPUTER SKILLS: Working knowledge of various PC based computer software packages including financial spreadsheets and word processing. Intermediate Excel.

    MATHEMATICAL SKILLS:  The applicant will have the ability to add, subtract, multiply, divide, and compute ratios and percents.

    REASONING ABILITY:  Ability to correctly make decisions involving client issues/ problems including when to escalate the problem to a more senior team member.

    PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to be successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    While performing the duties of this job the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls’ reach with hands and arms, and talk or hear.

    The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

    WORK ENVIRONMENT:  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    One must have good written communication, interpersonal, problem-solving, analytical, mathematical, and organizational skills. Ability to follow directions is a must. Applicants must be able to work well alone and as part of a team. U.S. Citizenship required.

     

     

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