Major 360 LLC Saint Louis, MO , Saint Louis County, MO
Posted 2 days ago
Job Description Job Description Seeking Auditors to perform audit services for Department of Veterans Affairs (VA), Architect and Engineer (A/E) Contract within the CFM National Region on Prime Contractors and Subcontractor rates. The position requires: · BA or BS in Accounting or related field · 3 or more years experience. · Knowledgable of Generally Accepted Government Accounting Standards (GAGAS) and Defense Contract Audit Agency (DCAA) audit procedures. · Specific Requirements:
The audit review is limited to the direct labor rates, overhead rates (i.e., fringe benefit rate, overhead rate, and/or General and Administrative rate, as applicable), and labor escalation factor. The scope of this audit review includes, but is not limited to the following: a. Reviewing firms’ proposals and supporting documentation. · Reviewing the firms’ timekeeping and accounting systems to determine if the systems are capable of properly segregating direct versus indirect costs. · Reviewing payroll records or other documentation (e.g., salary survey, contingent letters of hire, etc.) supporting the proposed direct labor rates. · Verifying incurred overhead expenses to the firms’ accounting records. · Reviewing the firms’ overhead expense accounts for potential unallowable expenses per FAR Subpart 31.2. · Reviewing, on a test basis, evidence supporting overhead expenses incurred. · Performing a trend analysis of firms’ historical overhead expenses incurred. · Evaluating the reasonableness of the firms’ proposed overhead rate(s) and developing alternative overhead rates(s) as necessary. · Reviewing historical and projected labor escalation. · Reviewing direct labor rates, overhead rate(s), and labor escalation factor for the four option years after the initial base year.
Company Description Major 360, LLC., is a Woman Owned (WOSB), Small Business that provides Accounting and Financial Management, Business Support Services, Administrative Support, Real Estate and Facilities Management to meet the specific needs of our clients. Company Description Major 360, LLC., is a Woman Owned (WOSB), Small Business that provides Accounting and Financial Management, Business Support Services, Administrative Support, Real Estate and Facilities Management to meet the specific needs of our clients.
Major 360 LLC