Operations Accountant, Principal

Overview

This role is responsible for the financial administration, accounting, and reporting of assigned government contracts and projects. You will serve as a key financial partner to Project/Program Managers, Contracts, Billing, Finance, and Accounting teams, ensuring contract financial activity is accurately recorded, monitored, reconciled, and reported in accordance with company policies, Generally Accepted Accounting Principles (GAAP), and applicable government contracting requirements.

The position is US Remote telework, and US citizenship is required. Candidates must live within driving distance to our offices in Northern Virginia or Dallas-Fort Worth, TX.

Responsibilities

• Oversee the end-to-end financial administration and fiscal health of a complex, high-revenue portfolio of government contracts.
• Monitor contract costs, funding, revenue, commitments, and expenditures against approved budgets and contract ceilings.
• Review labor, subcontract, material, travel, and other direct costs for accuracy, proper project charging, and allowability.
• Monitor contract funding and notify management of funding requirements, potential overruns, or approaching contract ceilings.
• Oversee multi-faceted government billing structures, including Cost-Plus (CPFR/CPFF), Time & Materials (T&M), and Firm-Fixed-Price (FFP).
• Review billing transactions and supporting documentation for accuracy and compliance with contract requirements.
• Prepare invoice packages and cross-functional documentation, ensuring compliance and data integrity within iRAPT/WAWF and agency-specific portals.
• Reconcile project and contract balances between the accounting system, billing system, project subledgers, and the general ledger.
• Review unbilled receivables, accounts receivable, deferred revenue, and other contract-related balance sheet accounts.
• Support month and year-end close activities related to assigned contracts.
• Partner with cross-functional teams to conduct root-cause analyses of billing and project-cost discrepancies.
• Support contract modifications, funding changes, option years, task orders, and other contract actions from a financial perspective.
• Assist with revenue recognition and contract accounting in accordance with company policies and applicable accounting standards.
• Provide financial analysis and data to support contract reviews, internal management reviews, and customer audits.
• Maintain accurate project and contract financial records and supporting documentation.
• Assist with internal, external, DCAA, DCMA, and other government audits as required.
• Enforce compliance frameworks governing project expenditures, labor distributions, and direct/indirect cost allocations in accordance with FAR, DFARS, and CAS.
• Support process improvement initiatives to modernize billing workflows, enhance data visibility, and maximize operational efficiency.
• Perform project setup and maintenance in the Projects Module of Deltek Costpoint, ensuring accurate setup with published guidance and procedures.
• Ensure projects are created and maintained in compliance with Sarbanes-Oxley (SOX) controls, company policies, and outlined procedures.
• Perform ad hoc financial analysis and reporting as requested by Finance, Accounting, Contracts, or Program Management.

Requirements

• Typically, eight years of accounting, project accounting, financial analysis, or government contracting experience with a Bachelor’s degree in Accounting, Finance, Business, or a related field.
• Experience with project accounting, cost accounting, or contract financial management.
• Experience with Cost Plus, T&M, FFP, IDIQ, and/or Time & Materials contracts.
• US Citizenship is required.

Preferred Qualifications

• Experience with contract funding, CLINs, task orders, contract modifications, and funding ceilings.
• Experience with incurred-cost submissions, provisional billing rates, indirect-rate calculations, or audit support.
• CPA, CGFM, or other relevant professional certification.

Compensation & Benefits

Compensation

• $85k - $100k

This compensation range is provided as a good-faith estimate of what the employer intends to offer for this role at the time this posting was issued. Actual compensation may vary based on factors such as job responsibilities, education, experience, skills, internal equity, market data, applicable collective bargaining agreements, and relevant laws.

Benefits Overview

• Health, dental, and vision insurance
• Paid time off and holidays
• Retirement benefits, including 401(k) matching
• Educational reimbursement
• Parental leave
• Employee stock purchase plan
• Tax-saving options
• Disability and life insurance
• Pet insurance

Benefits may vary based on employment type, location, and applicable agreements. Positions governed by a Collective Bargaining Agreement (CBA), the McNamara-O'Hara Service Contract Act (SCA), or other employment contracts may include different provisions/benefits.

Location

US Remote telework. Candidates must live within driving distance to offices in Northern Virginia or Dallas-Fort Worth, TX. US citizenship is required.