Contract Billing Specialist II

DPP is seeking a Contract Billing Specialist II for an opportunity with our client in the Aerospace & Defense industry.Work location: Onsite in Sparks, NVDuration: 5 monthsTerms: W2 contractPosition summary:

• The Contract Billing Specialist II will support high visibility contract portfolios requiring precision, compliance, and deep expertise in complex contract billing.
• This role is ideal for a billing professional who thrives in a fast paced, audit driven environment and is highly skilled in contract billing and multifaceted contract structures.
• You will own billing execution for assigned programs, preparing accurate invoices, validating cost data, supporting audits, and ensuring full compliance with contract terms and applicable accounting and billing regulations.
• Your work directly impacts cash flow, financial health, and our relationships with key customers.

Responsibilities:

• Prepare and submit Cost, Time & Material, Firm Fixed Price including Milestone, Progress Payment, and Performance Based invoices, ensuring full compliance with contract requirements.
• Validate billed costs for allowability, accuracy, and alignment with contractual terms.
• Tie billed amounts to project reports, and compile all required supporting documentation.
• Maintain and update Billing Matrices, Project Setup Checklists, and contract specific billing schedules.
• Assist in monthly AR billed/unbilled reconciliations.
• Partner with Accounting to resolve cash application issues.
• Support collection activities on aged receivables.
• Follow internal billing controls and departmental desk procedures.
• Prepare complete, audit ready invoice packages for internal and external auditors.
• Organize and maintain invoice archives and billing schedules.
• Collaborate with Contracts, Program Management, Pricing, and Program Support to ensure accurate billing setup, execution, and contract closeout.
• Resolve billing and collection issues, funding updates, contract modifications, and revenue configuration questions.
• Provide input to process improvements and system enhancements.

Required qualifications:

• 1–3+ years of billing experience, ideally within complex contract environments.
• Strong expertise in ERP systems, including billing, general ledger (GL) and project ledger (PL) interactions, reporting and project setup.
• Experience preparing detailed invoice packages
• Working knowledge of standard billing requirements, cost principles, and compliance frameworks.
• Strong reconciliation, analytical, and problem-solving skills with the ability to validate costs against Project Cost Reports and GL data.
• Demonstrated ability to manage high volume billing cycles with strict monthly deadlines.
• Experience supporting audits and producing audit ready documentation.
• Advanced Excel proficiency; familiarity with reporting tools, contract lifecycle systems, or data warehouse environments.

Preferred:

• Experience billing multiline item contract structures and preparing Progress Payment submissions.
• Understanding of indirect rate adjustments.
• Background in contract financial operations, revenue recognition, or project lifecycle processes.
• Experience with electronic invoice submission platforms.
• Bachelor’s degree in Accounting, Finance, Business, or related field.

Education/equivalency:

• High school diploma or GED equivalent
• Preferred: Bachelor’s degree in Accounting, Finance, Business, or related field.

Interested? Learn more: Click the apply button to learn more about this position (#26-00764).Authorized US Worker - US Citizens and those authorized to work in the US are encouraged to apply. We are unable to sponsor at this time. EOE/AA/V/DDPP offers a range of compensation and benefits packages to our employees and their eligible dependents. Call today to learn more about working with DPP.