Federal Contract Specialist

Contracting Specialist is required to administer federal contracts and subcontracts. Experience should include:

Duties:

• Entry and tracking of labor budgets via Project Labor Codes (PLCs).
• Tracking employee time charges daily to ensure correct PLCs are being used.
• Ensuring contract expenses do not exceed contract funded and ceiling amounts.
• Issuance of Limitation of Funds correspondence to the government and prime contractors.
• Issuance of delivery orders/task orders, purchase orders to subcontractors.
• Receive, review, and process incoming contract modifications from the government and prime contractors.
• Knowledge of cost plus fixed fee (CPFF), time & material (T&M)/Labor hour (LH), and firm fixed price (FFP) contracts.
• Support semi-monthly and monthly invoicing to include prompt preparation and submission of T&M, Firm Fixed Price (FFP), Cost Plus Fixed Fee (CPFF), and other company awarded contracts.
• Support preparation of monthly reports, particularly the financial sections.
• Coordinate with employees and government/Prime contractor POCs to obtain travel approvals.
• Prepare annual contract variance invoices.
• Support the annual Incurred Cost Submission process.
• Support contract close outs.

Education: Bachelor's degree in business, public administration, supply chain, or accounting

Years Experience: 5-7

Applications: Costpoint, Excel, Incurred Cost Submission Process

Job Type: Full-time

Pay: $75,000.00 - $85,000.00 per year

Education:

• Bachelor's (Preferred)

Experience:

• DoD Contract Administration: 5 years (Required)
• Costpoint: 3 years (Required)

Work Location: Hybrid remote in Oxon Hill, MD 20745