Government Cost Accountant

Overview

This role provides integral, hands-on government cost accounting support to the Controller and Director of FP&A, with primary focus on cost accounting structure compliance and data integrity within Deltek Costpoint.

Responsibilities include supporting indirect rate management, cost allowability/compliance analysis, incurred cost submission support (ICE Model/DCAA), and ongoing verification that labor, cost, and organizational data are captured completely, accurately, and consistently as they flow through Costpoint.

Responsibilities

Cost Pool & Indirect Rate Management (Deltek Costpoint)

• Support the Controller/Director of FP&A in maintaining and reconciling indirect cost pools (fringe, overhead, G&A) in Costpoint, ensuring pool cost accounts map to the correct account/organization combinations at the lowest level costs are actually posted.
• Perform monthly and year-end calculation and reconciliation of actual indirect rates against provisional/billing rates; research variances and bring findings to the Controller/Director of FP&A for review and resolution.
• Provide supporting analysis and data for provisional billing rate development and annual rate budgets set by the CFO with support from the Accounting Team.
• Help confirm allocation bases for each pool (e.g., direct labor dollars, total cost input, modified total direct costs) are applied consistently; flag inconsistencies for leadership and/or third-party review.

Deltek Costpoint Organization & Department Structure

• Provide hands-on support maintaining Costpoint organization/department structure (home organizations, cost centers, org hierarchy) under direction from the Controller/Director of FP&A so costs post to the correct pool and cost objective from the point of entry.
• Assist in evaluating downstream cost pool and rate impact of proposed organizational or account structure changes; raise findings prior to implementation.
• Maintain documentation of the current organization/department structure and its relationship to the indirect rate structure for leadership reference.

Cost Allowability & Compliance

• Apply FAR Part 31 cost principles to flag and document proposed cost treatment for review and final determination by the Accounting Team:
  • Allowability (FAR 31.201-2)
  • Reasonableness (FAR 31.201-3)
  • Allocability (FAR 31.201-4)
• Identify and segregate expressly unallowable costs per FAR 31.205 into designated unallowable cost accounts; escalate ambiguous or edge-case determinations to leadership.
• Apply Cost Accounting Standards (CAS 401, 402, 405, 406, 418) consistently in day-to-day cost treatment; surface any inconsistency or proposed change in practice to the Accounting Team for review.
  • Note: the CAS Disclosure Statement is owned by the CFO.
• Support maintenance of written cost accounting policies and unallowable-cost determination documentation under direction of the Accounting Team.

Incurred Cost Submission (ICE Model)

• Provide primary data preparation and reconciliation support for the annual Incurred Cost Submission (ICS) owned and filed by the CFO with support from the Accounting Team:
  • Build indirect rate schedules (pools, bases, calculated rates)
  • Reconcile accounting records to claimed direct costs
  • Support contract-level cost detail and over/underbilling schedules using the DCAA ICE model
• Support DCAA and other audits of the incurred cost submission under the Accounting Team’s direction, including gathering data for auditor requests and preparing supporting schedules.

Data Integrity & Compliance Analytics

• Conduct ongoing data integrity reviews of labor, cost, and organizational data flowing through Costpoint, focusing on completeness, accuracy, and consistent coding (not financial performance/profitability).
• Design and run periodic data queries/checks to identify costs posted to the wrong organization, pool, or cost objective before they distort rate calculations or contract billings; route findings to leadership for resolution.

General Cost Accounting Support

• Prepare journal entries related to indirect cost pools, cost allocations, and rate true-ups for review and posting approval.
• Support month-end and year-end close activities within the Accounting Team.
• Assist interdepartmental personnel with rate proposals, budget rates, and ad hoc cost analysis in support of contract pricing and proposal efforts.

Requirements

• Bachelor’s degree from an accredited college or university in Accounting, Finance, or a related field.
• Must be able to obtain and maintain a U.S. Government Secret Clearance if required.
• Minimum of five years of cost accounting experience in a government contracting environment.
• Hands-on experience with Deltek Costpoint, including indirect cost pool reconciliation and organization/department structure.
• Demonstrated experience supporting an Incurred Cost Submission (ICE model), including building schedules and/or performing reconciliations.
• Working knowledge of FAR Part 31 cost principles and applicable Cost Accounting Standards (CAS), particularly for allowable/unallowable cost determination and consistent cost pool treatment.
• Experience calculating and reconciling indirect rates (fringe, overhead, G&A) against actual cost pools and provisional/billing rates.
• Strong analytical and data-validation skills with judgment to catch data integrity issues (miscoded, misallocated, or incomplete cost data) and escalate before they affect rates or submissions.
• Advanced Microsoft Excel skills; comfortable building and reviewing reconciliations and rate schedules from large data sets.
• High attention to detail, sound judgment about what to escalate versus resolve independently, and comfort working directly with and reporting to the Controller.

Preferred Qualifications

• Experience supporting a DCAA incurred cost audit or accounting system review.
• Exposure to CAS Disclosure Statement content or maintenance.
• Prior experience in the aerospace, defense, or broader federal government contracting industry.

Compensation & Benefits

Salary

• $105,000 to $125,000

Benefits

• Medical, Dental & Vision Benefits
• Company Paid Life and AD&D
• Company Paid Short Term and Long-Term Disability
• Flexible Spending & HSA Accounts
• Legal & ID Shield Services
• 401k with Company Match
• Paid Holidays
• Paid Time Off (PTO)

Location

• Deltek Costpoint support for the accounting team (location not specified in the provided description).

Equal Opportunity

Equal Opportunity/Affirmative Action employer. All qualified applicants will be considered without regard to race, color, religion, national origin, sex (including gender identity or gender expression), age, mental or physical disability, creed, ancestry, citizenship, veteran status, marital status, sexual orientation, medical condition, genetic trait or any other characteristic protected by federal, state or local law.