Operations Accountant, Principal

Overview

This position involves financial administration, accounting, and reporting for assigned government contracts and projects. The role supports Project/Program Managers, Contracts, Billing, Finance, and Accounting teams by 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 offices in Northern Virginia or Dallas-Fort Worth, TX.

Responsibilities

• Oversee end-to-end financial administration and the 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.
• Support multi-faceted government billing structures, including Cost-Plus (CPFR/CPFF), Time & Materials (T&M), and Firm-Fixed-Price (FFP), to optimize cash flow.
• 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, strengthening internal controls and data integrity.
• 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 and enhance data visibility.
• Manage project setup and maintenance in the Projects Module of Deltek Costpoint, ensuring accurate setup in concert 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.

Knowledge, Skills & Abilities

• Strong understanding of general accounting principles and financial reporting.
• Advanced Excel skills, including PivotTables, lookups, formulas, and financial analysis.
• Strong analytical and problem-solving skills, with the ability to analyze large volumes of financial and project data and identify discrepancies.
• Attention to detail and ability to meet recurring monthly reporting and billing deadlines.
• Ability to work effectively with Finance, Contracts, Billing, Program Management, and Operations.
• Strong communication skills for cross-functional collaboration.
• Knowledge of diverse contract structures and billing operations to support timely, compliant, milestone-based invoicing.
• Knowledge of cost accounting principles to formulate accurate project budgets and forecasts.
• Ability to evaluate project accounting workflows and implement process enhancements or automated tools to reduce manual errors.
• Data-driven mindset with the ability to learn new technologies quickly, including leveraging AI to automate repetitive tasks, synthesize information, improve communication, and accelerate problem solving while maintaining human judgment and accountability.
• Comfort assessing AI-enabled tools and processes, validating outputs, understanding limitations/risk, and incorporating AI responsibly.
• Demonstrated AI fluency and workflow integration.

Required Qualifications

• 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 range: $85k - $100k

The compensation range or hourly rate listed for this position 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 (may vary by employment type, location, and applicable agreements):

• 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

Note: 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.

Posting Information

11/06/2026 - Until Filled

The employer anticipates the job requisition will remain open for at least three days, with a closing date no earlier than three days after the original posting. This timeline may change based on business needs.