Finance Lead - CostPoint

Overview

REI Systems’ mission is to deliver reliable, innovative technology solutions that advance Federal clients' missions and exceed their expectations. Our technologists and consultants are passionate about solving complex challenges that impact millions of lives. We take a Mindful Modernization® approach in delivering our services, including application modernization, grants management, case management systems, government data analytics, and advisory services. This approach, the REI Way, ensures mission impact by aligning our clients' strategic objectives with measurable outcomes through people, processes, and technology.

REI is also leading the industry in the integration of Artificial Intelligence across federal capture, delivery, and customer engagement. We leverage AI-driven research, opportunity intelligence, competitive assessments, and customer insight tools to elevate our win strategies and accelerate decision-making. This role will work in an environment where AI is embedded into the capture lifecycle-and will be expected to use AI tools to enhance capture quality, speed, and precision.

We offer the same commitment to our employees by providing professional development, meaningful projects, and flexibility to spend time with family and friends. We believe employees are at their best when fulfilled in both their professional careers and their personal lives. Learn more at www.REIsystems.com. Employees voted REI Systems a Washington Post Top Workplace in 2015, 2016, 2018, 2020, 2021, 2022, 2023, 2024 and 2025!

Responsibilities

Position Overview:

The Finance Lead manages revenue recognition, billing, and accounts receivable operations within Finance Operations. This role supervises billing staff and junior analysts, ensures accurate project financial data and timely invoicing, and provides financial reporting and analysis to leadership. The position supports compliance with contract requirements, GAAP, FAR, CAS, and internal audit controls.

Expertise in Deltek CostPoint is mandatory. Candidates must have advanced proficiency in Revenue and Billing and working knowledge of Project Management, General Ledger, Accounts Receivable, and Cost Accounting, including the ability to build reports and troubleshoot issues across modules.

Key Responsibilities:

• Oversee project revenue recognition and invoicing, ensuring accuracy, timeliness, and alignment with contract terms and applicable accounting and federal contracting requirements.
• Manage billing cycles, including invoice preparation, CostPoint billing rules, customer accounts, billed and unbilled receivables, and related financial postings.
• Monitor receivables aging, cash collections, and days sales outstanding (DSO); resolve billing inquiries and collection issues to support cash flow.
• Build, customize, and maintain CostPoint reports using Cognos or native reporting tools; prepare revenue reports, billing summaries, and financial dashboards that integrate data across modules.]
• Analyze revenue variances, billing discrepancies, and collection trends; identify root causes and implement corrective actions.
• Serve as the CostPoint subject matter expert for revenue and billing operations; troubleshoot cross-module issues, configure relevant system settings, and ensure accurate data flows between Project Management, Revenue Billing, General Ledger, Accounts Receivable, and Cost Accounting.
• Partner with Program Managers, Contracts, and Finance leadership to align billing practices with contract requirements and communicate timely financial insights.
• Directly supervise billing staff and junior analysts; assign work, monitor performance, conduct reviews, and support professional development.
• Train team members on revenue recognition, billing procedures, CostPoint functionality, and reporting; develop standardized procedures and improve or automate workflows.
• Maintain audit-ready records and compliance documentation; support internal and external audits, resolve inquiries, and assist with ad hoc analyses and special projects.

Qualifications

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 7-10 years of progressive experience in revenue management, billing operations, or project finance within a federal contractor environment, including government contracting revenue recognition and compliance.
• At least 5 years of hands-on experience with Deltek CostPoint Revenue and Billing modules, including invoice generation, billing rules, and customer account management.
• Working knowledge of CostPoint Project Management, General Ledger, Accounts Receivable, and Cost Accounting modules, including integrations and upstream project data that affect billing and revenue.
• Demonstrated ability to build complex custom, ad hoc, and scheduled CostPoint reports that combine data from multiple modules using Cognos or native reporting tools.
• Proven ability to troubleshoot CostPoint issues across modules and resolve financial data discrepancies.
• Extensive experience with Cognos Analytics or business intelligence tools.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP), Federal Acquisition Regulation (FAR), and Cost Accounting Standards (CAS).
• Advanced proficiency in Microsoft Excel and financial modeling.
• Prior supervisory or team lead experience, with demonstrated ability to manage staff performance and development.
• Strong analytical, problem-solving, and communication skills; ability to work independently and manage competing priorities under tight deadlines.

Preferred Qualifications

• CPA, CMA, or another relevant professional certification.
• Master’s degree in Accounting or Finance, or an MBA.
• Deltek CostPoint certification or advanced training.
• Experience with Defense Contract Audit Agency (DCAA) audits and government contract closeouts.

Measures of Success

• Accurate revenue recognition, timely billing cycles, and minimal invoice errors or rework.
• Achievement or improvement of DSO targets and cash collection performance.
• Accurate, timely CostPoint reporting and actionable financial updates to stakeholders.
• Audits completed without material findings related to revenue or billing.
• Measurable reductions in manual effort through process improvements.

Education: Bachelor's degree in Finance, Accounting, Business Administration, or related field (Master’s degree preferred).

Clearance: Candidate must be able to obtain and maintain Clearance.

Location: Hybrid (2 Day per week in our Sterling, VA office on Tuesday and Wednesday)

EEO Statement: REI Systems is an Equal Opportunity Employer.