Senior Accountant

About

The Senior Accountant will support the accounting and financial reporting functions for a government contracting organization, with a strong focus on maintaining accurate records in Deltek Costpoint. This role is responsible for month-end close, project accounting, and compliance with FAR, CAS, and DCAA requirements. The ideal candidate has hands-on Costpoint experience and a solid understanding of government contract accounting.

Key Responsibilities

General Accounting & Close

• Lead and support monthly, quarterly, and year-end close processes
• Prepare and post journal entries, including accruals, prepaids, and allocations
• Reconcile general ledger accounts and resolve discrepancies
• Maintain supporting schedules and documentation

Project Accounting

• Support contract setup and maintenance in Costpoint (projects, accounts, orgs)
• Monitor project costs, revenue recognition, and funding limitations
• Ensure proper cost allocation in accordance with FAR and CAS
• Analyze project variances and provide insights to finance leadership

Billing & Revenue

• Collaborate with billing team on cost-plus, T&M, and fixed-price billings
• Review incurred costs and support preparation of invoices
• Assist with revenue recognition (percentage-of-completion, units delivered, etc.)
• Monitor unbilled receivables and deferred revenue balances

Compliance & Audit

• Ensure compliance with FAR, CAS, and DCAA regulations
• Support incurred cost submissions (ICS) and audit requests
• Assist with provisional billing rates and indirect rate calculations (fringe, overhead, G&A)
• Maintain audit-ready documentation and support internal/external audits

Costpoint System Utilization

• Utilize Deltek Costpoint for GL, project accounting, and reporting
• Assist with system improvements, report building, and process optimization
• Partner with finance and IT on system upgrades or implementations

Qualifications

Required

• Bachelor’s degree in Accounting, Finance, or related field
• 4–7+ years of accounting experience in a government contracting environment
• Hands-on experience with Deltek Costpoint
• Strong knowledge of FAR, CAS, and DCAA compliance requirements
• Experience with project accounting and government contract billing
• Advanced Excel skills (pivot tables, lookups, data analysis)

Preferred

• CPA or CPA-eligible
• Experience preparing or supporting Incurred Cost Submissions (ICS)
• Familiarity with indirect rate structures and cost pools
• Experience in a mid-size to large GovCon environment