AR Specialist

Kforce has a client in Chantilly, VA that is seeking an AR Specialist.

Job Summary:

The AR Specialist will manage the full lifecycle of accounts receivable activities for a government contracting organization. This includes billing, collections, cash applications, and reconciliation processes. The ideal candidate will have experience with government invoicing systems, strong attention to detail, and the ability to work across multiple platforms.

Key Responsibilities:

* Prepare and submit invoices in accordance with government contract terms

* Ensure accuracy and compliance with FAR/DFARS regulations

* Apply open credits and issue credit memos as needed

* Retrieve and apply ACH, wire, and lockbox payments

* Reconcile bank deposits and maintain accurate records of cash receipts

* Troubleshoot discrepancies and resolve payment issues

* Monitor AR aging reports and follow up on overdue accounts

* Shorten DSO through proactive collection strategies

* Communicate with clients to resolve billing issues and ensure timely payments

* Work within ERP systems such as Costpoint, Unanet, or Navision

* Assist with system implementations and upgrades

* Maintain customer accounts and update billing rates and project setups

* Ensure compliance with internal controls and government regulations

* Provide supporting documentation for audits and client requests

* Assist with preparation of reports for internal and external stakeholders
* Experience managing full-cycle accounts receivable, including billing, invoicing, collections, cash application, and reconciliations

* Knowledge of government contracting invoicing requirements and FAR/DFARS compliance

* Strong attention to detail with the ability to ensure accurate and timely invoicing

* Ability to apply and reconcile ACH, wire, and lockbox payments and resolve discrepancies

* Experience monitoring AR aging and following up on overdue balances to reduce DSO

* Proficiency with ERP systems such as Costpoint, Unanet, Navision, or similar platforms

* Strong analytical and problem-solving skills

* Ability to work across multiple systems and adapt to process or system changes

* Understanding of internal controls and audit documentation requirements

* Effective written and verbal communication skills with internal teams and external customers