Position Summary:
The Junior Accountant will work closely with the AR Manager to lead the full cycle of billing and invoicing processes and play a key role in preparing complex invoices for various types of contracts (Cost Plus, Cost Plus Fixed fee, Firm Fixed Price, T&M, etc.) using Costpoint and various external invoicing systems. A commitment to proactive communication and exceptional follow-through skills are essential for success in this position.
Major Responsibilities:
- Collaborate under the guidance of the AR Manager to manage the billing process for complex Cost Plus (CPFF, CPAF), Time and Material (T&M), and Firm Fixed Price (FFP) contracts in accordance with contract billing specifications.
- Prepare accurate, complete, and compliant customer invoices for CRDF Global customers using Costpoint and applicable external invoicing systems.
- Ensure invoices are reviewed, submitted, and distributed within established deadlines.
- Reconcile billed and unbilled accounts and schedules, proactively identifying discrepancies and working with the appropriate teams to resolve issues.
- Record incoming cash receipts accurately and maintain supporting documentation.
- Assist with AR reconciliations and month-end close activities.
- Prepare and enter cash disbursements in Costpoint in accordance with company policies and the established payment schedule.
- Prepare monthly bank reconciliations and investigate and resolve variances in a timely manner.
- Perform additional tasks as required, contributing to the overall effectiveness and efficiency of the accounting team.
Qualifications:
- Bachelor’s degree in accounting, or related degree with concentration in Accounting or Finance.
- Up to 3 years of work experience in accounting or related field.
- Strong computer skills including Excel, Microsoft Office and, preferably Costpoint 8 experience.
- Accuracy with work, strong organizational skills, and attention to detail.
- Excellent written and verbal communication skills in Arabic and English
- Experience with MS Office.
- Flexibility to handle multiple priorities, sometimes simultaneously, under deadline pressure.
