Lead Research Associate-Finance
Company: Disability Solutions
Location: Rockville
Posted on: November 19, 2024
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Job Description:
Job Description Westat is an employee-owned corporation
providing research services to agencies of the U.S. Government, as
well as businesses, foundations, and state and local governments.
Westat's research, technical, and administrative staff of more than
2,000 is located at our headquarters in Rockville, Maryland, near
Washington, DC.Westat is committed to building a diverse workforce
and a culture of inclusivity, belonging and equity for all. We
believe that our greatest strength draws on the different
backgrounds, cultures, perspectives and experiences of our
employees.Job SummaryWestat has an immediate opening for a Finance
Coordinator - Lead Research Associate in the Public Health &
Epidemiology Practice to support project leadership in management
of a multi-million-dollar portfolio of research contracts. The
candidate will manage and support various aspects of invoice
processing, budgeting, and financial reporting. The role involves
close coordination with subcontractors, consultants, and vendors to
ensure the accuracy of invoices and budget forecasts, and to
provide overall support for the projects' financial operations.This
position is eligible for a hybrid work arrangement (1 day per week
onsite, flexible hours). Remote work arrangements will also be
considered. Westat's headquarters is currently in Rockville,
Maryland but will be relocating to Bethesda, Maryland in the fall
of 2025.Job Responsibilities---Support financial reporting
activities and update program forecasts based on information from
project leadership.--- Provide support with monthly financial
reporting and other ad hoc financial reports. --- Assist with
program budgeting, preparing and revising client-facing budget
documents.--- Update program forecasts in the Focus Point tool
based on information provided by project leadership.--- Review,
verify, and manage subcontractor, vendor, and consultant invoices,
ensuring timely submission and alignment with contracts or purchase
orders.--- Maintain and update invoice tracking systems,
communicate discrepancies, and collaborate with the Finance Manager
on any funding issues.--- Monitor and manage the project's central
financial inbox, responding to inquiries, and escalating issues as
needed.--- Establish and maintain relationships with subcontractors
and vendors to address invoicing, cost estimates, and
reconciliation inquiries.Basic Qualifications--- Typically requires
a bachelor's degree with a minimum of 8 years of related
experience, or an equivalent combination of education and
experience.--- A minimum of 2 years of related work experience to
include project cost control or financial management in a
government contracting environment.--- Basic to Intermediate MS
Excel skills such as pivot tables, filters, and sorts to work with
large data sets performing analysis and monthly manual spreadsheet
report in support of monthly invoice.Preferred Qualifications---
Knowledge of accounting principles to include cost collection,
revenue recognition.--- Estimate at Complete (EAC) lifecycle,
invoicing, and unbilled reconciliation.--- Experience with
financial reporting systems. --- Ability to work with multiple
support functions (contracts, procurement, accounting).--- Ability
to communicate financial information into actionable data for
non-financial collaborators.--- Knowledge of Cost Reimbursement
/Cost Plus Fixed Fee contractsMinimum Qualifications---
Demonstrated communication skills--- Collaboration with teams,
managers and/or clients--- Organization skills, including time
management ability--- Detail orientedWestat offers a well-rounded
and comprehensive benefits program focused on wellness and
work/life balance. Subject to plan requirements, employees may
participate in:
Keywords: Disability Solutions, Towson , Lead Research Associate-Finance, Accounting, Auditing , Rockville, Maryland
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