Job Information
Insight Global Jr. Contracts Specialist in Rockville, Maryland
Job Description
Insight Global is looking for a Jr. Contracts Specialist to join a government contractor company that will be assisting the Contracts Department with managing government and commercial contracts.
Primary Responsibilities:
PART I: CONTRACTS
· Examine and interpret terms and conditions, performance requirements, delivery schedules, invoicing requirements, and monitor project costs to ensure completeness and accuracy, minimize risk of loss and liabilities and advise program staff on contractual rights and obligations.
· Assist with matters related to drafting, monitoring and terminating contracts, subcontracts, vendor agreements, and consultant agreements.
· Process subcontractor, vendor, and consultant invoices ensuring adherence to the agreement terms and conditions, including billing schedule and funding limitations.
· Create and maintain individual contract file folders, to include contract/subcontract award documents and modifications, correspondences (letters, memos, & emails), teaming agreements (if applicable), and other related contract/subcontract documents.
· Set up and maintain the Deltek Contract Master File and Billing Master File based on the type of contract award and specific contract requirements.
· Create Contract Master File and Billing Master File, ensuring that all required fields are accurately populated using information on the award document and in consultation with the Finance Group.
· Update contract information on Deltek using the Contract Modification File for changes based on contract modifications received from the clients.
· Monitor and update tasks activation, inactivation and other aspect of task managements, including but not limited to re-activation and contract/task close outs.
· Input budgeted amount into Deltek and reconcile with Contract Master File funded value.
· Review and update contract funding on all monthly billing sheet based on the latest modifications or changes to the contracts.
· Manage charge codes in Deltek upon request of the Program Directors.
· Serve as the back up to the Contracts Department in managing Subcontractors, Consultants, and Vendors.
PART II: BILLINGS
· Review and verify costs incurred for accurate invoicing in compliance with contract requirements and company policies and procedures.
· Prepare contract closeouts, including preparing incurred cost reconciliation, final invoice, and closeout documents as required by the contract.
PART III: ADMINSTRATIVE/OTHER
· Perform other administrative duties as requested (filing, organizing records, create electronic copies of all important documents such as Contract, modifications, and etc.).
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com .
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Skills and Requirements
-1-4 years of experience working in the government contracts space.
-Data entry experience
-Billing and invoicing experience
· Working knowledge of the various types of contracts, including CPFF, CPAF, FFP, T&M, IDIQ, Line Items, Task Orders, and Hybrid Contracts.
· BA/BS in one of the following: Accounting, Finance, Business Administration or related disciplines.
· 1-2 years hands-on Deltek Cost Point Contract Management/Administration or similar system
· Able to work independently and in teams.
· Must be able to prioritize and complete multiple tasks within strict deadlines.
- Schedule flexibility is required for crunch time and month/year-end closings and billings · Familiarity with FAR regulations & interpretation is a plus.
· Proficiency with Monday.com a plus.
- Billing experience in government contracts and/or 2-3 years in accounting in a federal government environment preferred. null
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HR@insightglobal.com.