Senior Research Accounting Analyst

RAND Corporation - Santa Monica, CA

Full-time - Mid Level

Remote - Santa Monica, CA

1,001-5,000 employees

Professional, Scientific, and Technical Services

About the position

The Senior Research Accounting Analyst at RAND will support the Time and Materials (T&M) portfolio management, focusing on financial operations related to T&M contracts. This role involves managing various accounting tasks, ensuring compliance with industry standards and RAND guidelines, and facilitating effective communication between finance and other divisions.

Responsibilities

• Participate in bi-weekly accounting period closes.
• Understand and apply contractual terms including sponsor-approved labor categories and burdened rates.
• Manage T&M contract close-out and facilitate T&M accrual processing.
• Perform reconciliation and analysis of T&M project financials.
• Conduct T&M revenue recognition and monitor project earnings.
• Adjudicate deferred revenue and generate regular reporting data.
• Liaise between Finance & Accounting and other divisions to ensure seamless communication.
• Contribute to the maintenance of efficient internal controls.
• Understand project creation process and overall business processes connected with PPT setup.

Requirements

• Experience and understanding of accounting transactions required.
• Experience and familiarity with Generally Accepted Accounting Principles (GAAP).
• Experience with general ledger functions.
• Ability to adapt quickly and learn new tasks independently.
• Ability to organize workflow in an efficient manner.
• Aptitude to perform detailed work with a high degree of accuracy.
• Research, compile, and analyze data for projects via reports as needed.
• Experience in non-profit accounting strongly a plus.
• Proficient using MS Office suite required.
• Strong Excel skills with experience with large data sets required.
• Experience with the Workday ERP, a plus.
• Experience with federal contracts and grants and 'FAR' (Federal Acquisition Regulations) and Uniform Guidance (UG).
• Experience and familiarity with U.S. General Services Administration (GSA) including OASIS plus (Oasis+) mechanism.
• Possess excellent communication and collaboration skills, with the ability to work effectively with internal and cross-functional teams.
• Strong problem-solving skills and the ability to think creatively to develop innovative solutions.

Nice-to-haves

• Experience in non-profit accounting strongly a plus.
• Experience with the Workday ERP, a plus.

Benefits

• Health insurance coverage.
• Life and disability insurance.
• Savings plan.
• Paid time-off.
• Sabbatical pay for additional compensation during vacation.