Title: Cost Modeling SME (Federal Agency)
Client: Federal Agency
Location: Washington, D.C. - Onsite
Clearance: Public Trust
Security Clearance Statement: This position requires a government security clearance; the applicant must be a U.S. Citizen for consideration.
Number of Position(s): 2
Work Schedule: 8 am - 5 pm
Work Day: Monday - Friday
Position OverviewAalis Management Consulting is seeking a Cost Modeling Subject Matter Expert (SME) to support a federal agency's IT Financial Management, Working Capital Fund (WCF), cost model development, and financial systems modernization initiatives. The Cost Modeling SME will provide subject matter expertise in full-cost accounting, cost allocation methodologies, rate development, chargeback models, and financial management operations supporting federal working capital and revolving fund environments.
The ideal candidate will have hands-on experience developing and implementing cost models within the federal government, including experience with SFFAS 4 (Managerial Cost Accounting Standards) and SFFAS 10 (Accounting for Internal Use Software). The candidate will support the design, refinement, and implementation of cost allocation frameworks that improve financial transparency, billing accuracy, and decision-making.
This position requires a candidate who can translate complex financial requirements into practical solutions, collaborate with financial managers, program stakeholders, and system teams, and support implementation efforts, not solely advisory or assessment activities.
Key Responsibilities- Provide subject matter expertise supporting federal Working Capital Fund (WCF), revolving fund, and IT financial management operations.
- Develop, analyze, and implement cost models supporting full-cost accounting, service costing, and financial transparency.
- Design and improve cost allocation methodologies, rate development processes, and chargeback models.
- Support development, validation, and maintenance of financial models used for billing, forecasting, budgeting, and resource planning.
- Apply federal accounting standards, including SFFAS 4 and SFFAS 10, to support cost accounting practices and financial reporting requirements.
- Analyze cost drivers, consumption patterns, resource utilization, and service delivery models to support accurate cost recovery.
- Support federal billing processes including:
- Customer billing
- Interagency agreements
- G-Invoicing transactions
- Advances
- Drawdowns
- Reconciliations
- Develop documentation, procedures, and recommendations related to cost model implementation and financial operations.
- Collaborate with financial analysts, IT teams, business owners, and government stakeholders to validate cost assumptions and improve financial processes.
- Support integration of financial management systems and reporting tools.
- Analyze financial data and create executive-level reports, dashboards, and presentations.
- Support audit readiness activities through documentation review, financial controls, and process improvement.
- Identify opportunities for automation, process improvements, and enhanced financial reporting.
- Participate in stakeholder meetings and communicate complex financial concepts to technical and non-technical audiences.
Required Qualifications- Bachelor's degree in Finance, Accounting, Economics, Business Administration, Information Systems, or a related discipline.
- Minimum of 8 years of federal financial management experience supporting financial operations, cost accounting, or financial systems initiatives.
- Demonstrated experience supporting Working Capital Funds (WCF), revolving funds, or fee-for-service financial environments.
- Hands-on experience developing or implementing:
- Cost models
- Cost allocation methodologies
- Rate structures
- Chargeback models
- Full-cost accounting solutions
- Experience applying SFFAS 4 and SFFAS 10 requirements.
- Experience supporting federal financial management processes including:
- Billing
- Reconciliations
- Advances
- Drawdowns
- Financial reporting
- Experience analyzing financial data and translating findings into recommendations.
- Experience working directly with federal stakeholders and program offices.
Preferred Qualifications- Experience supporting federal IT financial management organizations.
- Experience implementing financial management solutions or modernization initiatives.
- Experience with federal financial systems such as:
- Delphi
- PRISM
- Oracle EPM
- Oracle IMPACT
- ServiceNow
- Experience developing dashboards and financial reporting solutions using:
- Power BI
- SQL
- Power Automate
- Experience supporting financial system integration efforts.
- Experience creating executive briefings and presenting financial analysis to senior leadership.
- PMP, CGFM, CPA, CMA, or other relevant financial/project management certification preferred.
