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 Finance Administrator - Virginia Beach, Virginia, United States

Job information
Posted by: QED Systems, Inc. 
Hiring entity type: Other 
Work authorization: Existing work authorization required for United States
Position type: Direct Hire, Full-Time 
Compensation: ******
Benefits: See below
Relocation: Not specified 
Position functions: Accounting
Travel: Unspecified 
Accept candidates: from anywhere 
Languages: English - Fluent
Minimum education: See below 
Minimum years experience: See below 
Resumes accepted in: English
Cover letter: No cover letter requested
Job code: cnn80lM92a8aIPSYi60G6bHhZZ9I2c / Latpro-3759845 
Date posted: Oct-28-2020
State, Zip: Virginia, 23454


Job Location:  Virginia Beach, VA

Job Category:  Administrative

Job Status:       Full Time

Job Description: An established engineering firm has an immediate opening in its Virginia Beach office for a Finance Administrator. The Finance Administrator will be responsible for analyzing financial status by collecting, monitoring, and studying data.

 Job Requirements/skill sets:

  • Perform financial analysis in support of ongoing program management
  • Prepares project cost/schedule baselines, preparation of monthly management financial reports, assists with preparation of monthly program review and participates in monthly PMR meetings
  • Support internal financial reporting deliverables as directed by the Finance Manager, such as monthly variance analysis and forecasting
  • Monitors contract performance to determine the necessity for amendments or extensions of contracts, and compliance to contractual obligations
  • Analyzes price proposals, financial reports, and other data to determine reasonableness of prices and required funding
  • Set up new project numbers and adds incremental funding to existing projects per government Technical Instruction (TI)
  • Assist, track, and submit Funding Modification Request and Limitation of Funds Notifications (LOFs) and contract de-obligations. Ensure proper follow up if funding is not received
  • Interfaces with team members of the corporate staff to include: Program Managers (PMs), Financial Management Team, Purchasing Team
  • Assist PMs with purchase orders and subcontract agreements and serve as liaison between subcontracts and National Planning Activity
  • Negotiating terms and approves or rejects requests for deviations from subcontract specifications and delivery schedules. Ensures subcontractors are in compliance with their agreements
  • Helps develop and review procedures, processes, and products to identify possible improvements to better support customer needs and reduce costs and errors
  • Analyze end of year Rate Adjustments and how it will affect contracts for funding requirements
  • Responsible for assisting in preparation, coordination, and documentation of financial analysis projects


  • Government contracting experience with incrementally funded contracts within Firm Fixed Price (FFP), Time and Materials (T&M), and Cost Reimbursable type contracts
  • Advanced Excel skills and database management (pivot tables, formulas, and linked forms), Access
  • Program control financial management experience in a government contracting environment
  • Preferred experience with cost collection, invoicing, and revenue recognition
  • Exceptional written communication and time management skills
  • Excellent analytical skills and attention to detail
  • Physical ability to climb ladders, and transit decks on Navy vessels and the harsh environments found in shipyards and shipboard compartments.
  • Ability to lift, carry and transport heavy equipment and boxes. The exact weight requirements will be determined by the specific job, but no less than 30 lbs.

Education: A Bachelor of Science degree in Business Administration or related field from a four year accredited university or college is required. 

Security Clearance: This position requires US citizenship and will be subject to a security investigation, must meet the eligibility requirements to obtain, and maintain a Secret Clearance issued by the US Government. In addition to the security clearance, this position may require an additional background screening for base access.

EOE/M/F/D/V: Q.E.D. is an Equal Opportunity Employer – Veterans/Disabled Welcome.

Must be able to pass a drug test and background check prior to hiring.

Job Contact Information: Submit resume for this position by email to

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