Laura Drucker Email & Phone Number

Bethesda, Maryland, Us

Responsible for all aspects of the billing cycle. Involved in project set up for new awards, preparation of all invoices, collections, processing credit cards and reconcilations. Working in CP7 I do the entry for new projects, setting up workforce, and the revenue and billing formulas. Work in WAWF, IPP, viper and other billing systems.

Reston, Va, Us

Filled a position within GridPoint that had been vacant for some time. Researched discrepancies, made system corrections or provided documentation to customers and collected unpaid balances. Reviewed contracts and proposals for correct billing terms before execution. Sales taxes had not been filed for several months, so gain access to accounts in every state, reconciled, filed and paid all accounts to bring current.  Reduced the over 90 outstanding balances from 44% to 3%.  Created and implemented new billing procedures for efficiency and tracking  Obtained business and sales tax licenses in all states and various local jurisdictions. Filed and paid state sales tax. Filed and paid Canadian sales tax. Worked with several states and Canada through audits. Ran D&B reports to determine credit worthiness of various potential customers.

Assume full responsibility in managing Accounts Receivable Department. In addition to the listed achievements I was responsible for the approval of accounts payable and review of expense reports to ensure compliance with government JTR. Supervised staff. Oversaw the preparation and collections of 150+ contracts. Invoices submitted in WAWF and GSA ITSS Bank deposits, cash logs, application of payments. Posted all invoice entries and revenue recognition in JAMIS.

Reston, Va, Us

Responsible for approximately $350M in annual billings and collections; as well as for reviewing invoices prepared by twelve staff members to ensure completeness and accuracy while preparing billings for complex and all foreign currency contracts. Perform HR tasks, such as interviewing, hiring, terminating and training staff in all aspects of their position and underlying duties. Built a contract closeout team to close hundreds of contracts. Managed the expiring funds, subcontracter closeouts, retention claims, billing rate variances and collections when five years of audited rates were received at once. Managed a staff ranging in size from two to twelve billing analysts. Distributed workloads, trained staff in various pay systems, to include Wide Area Work Flow, GSA, VIPS, and Govworks.  Played a lead role in maintaining less than 5% outstanding receivable over 60 days, as well as in successful conversion of legacy to Costpoint system. Worked closely will all types of auditors, including internal, external, and Defense Contract Audit Agency (DCAA). Very proficient in reading and understanding funding, terms and conditions in government contract. Worked on project set up team to insure contracts are set up correctly in Costpoint. Held regular meetings with operation and division managers to facilitate communications with customers and speed up payments. Performed various reconciliations and analyses as required. Prepared weekly and monthly reports analyzing unbilled balances, cash flow, and processing of subcontractor invoices.

Reston, Va, Us

Rendered efficient service in preparing invoices for various commercial and government agencies as well as for CPxx, T&M, FFP, and performance-based and progress payments. Efficiently handled collections of all invoices, researching of problems, and reconciliations of all unbilled balances. Led efforts in meeting all deadlines and timelines for submission of invoices while maintaining very low outstanding or overdue invoice balances

Coursework, Business

Education record