
Federal Finance Specialist
2 weeks ago
This is a challenging opportunity to work in the field of financial analysis, specifically with federal financial matters.
As a Federal Financial Analyst, you will be responsible for supporting clients with capitalization packages for construction in progress assets. This will involve reviewing source documentation, contract files, and detailed transactions lists to determine the accuracy of CIP balances and fixed assets capitalization records.
The ideal candidate will have at least 5 years of experience in this field, including experience with capitalization procedures, transaction accounting, and financial systems. Additionally, they will be proficient in evaluating expenditures and determining proper allocation of expenditures.
Key Responsibilities:- Support clients with Capitalization Packages for Construction in Progress (CIP) Assets
- Determine the accuracy of CIP balances and Fixed Assets capitalization records by reviewing source documentation, contract files, and detailed transactions lists
- Submit complete CIP capitalization packages for each assigned program that are certifiable as GAAP-compliant and fully supported
- Ensure audit-acceptable documentation for valuation and/or in-service date is present in the CIP capitalization package
- Coordinate with clients to obtain detailed project information for review, coordinate needed changes to accounting records, and provide recommendations on items to expense or capitalize
- Support the preparation of PMDS capitalization amounts or revised capitalization amounts
- Minimum 5 Years of Experience in financial analysis, specifically with federal financial matters
- Experience with capitalization procedures and hands-on experience preparing and evaluating asset capitalization packages
- Experience with transaction accounting and hands-on experience evaluating expenditures and determining proper allocation of expenditures
- Experience with financial systems and performing account reconciliations for multi-year appropriations
- Experience with account reconciliations of standard contracts, Interagency Transactions, Interagency Reimbursable Work Transactions, contract leases, utility payments, and travel accounts
- Experience in assessing existing internal controls and managing the testing phase of internal controls
- Experience with financial account formats and migrating multi-year appropriation accounts from a legacy accounting system to a new accounting system
- Previous experience supporting U.S. Coast Guard or another DHS component
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