Overview
This role is for a Project Setup Accountant responsible for the end-to-end setup, maintenance, and governance of government contracts and projects within Deltek Costpoint. The position ensures that complex contract structures are configured accurately and comply fully with GAAP, FAR/DFARS, Cost Accounting Standards (CAS), and DCAA requirements. The Project Setup Accountant acts as a key liaison between Accounting, Contracts, Billing, and Program Management, providing leadership, guidance, and oversight throughout the project setup lifecycle.
The position is full-time, remote within the U.S., and may require travel as needed. There is no clearance or certification requirement.
Responsibilities
- Setup and maintain complex government contracts in Deltek Costpoint, including multi-CLIN/SLIN contracts, task orders, IDIQs, and contract modifications.
- Configure projects, subprojects, and task orders with appropriate revenue formulas, billing formulas, rate structures, ceilings, and periods of performance.
- Establish and maintain contract records in Costpoint Contract Management, including funding, ceilings, fee structures, and billing terms.
- Design and maintain compliant project charge trees, account groups, organizations, and labor category mappings.
- Review government contracts, amendments, and funding actions.
- Interpret contract terms and translate them into compliant Costpoint configurations for Cost-Plus, T&M, FFP, and IDIQ contracts.
- Identify financial, compliance, and setup risks and recommend solutions proactively.
- Ensure all project and contract setups comply with GAAP, FAR, DFARS, CAS, and company accounting policies.
- Enforce cost allowability and allocability through proper Costpoint configuration and internal controls.
- Serve as an accounting contact during external financial and DCAA audits and other government reviews related to project setup and billing.
- Advise Contracts, Billing, Program Management, and Finance leadership.
- Assist with developing, documenting, and improving standard operating procedures (SOPs) for project setup in Costpoint.
- Identify opportunities for process improvements, system enhancements, and automation.
- Establish billing and revenue setup to ensure accuracy, compliance, and alignment with contract terms.
- Monitor funding, ceilings, and period-of-performance controls and escalate potential issues to leadership.
- Support complex billing scenarios, revenue recognition, and project closeouts.
- Provide support for month-end and year-end close related to project accounting.
- Assist with indirect rate calculations, revenue recognition analysis, and complex project-related journal entries.
- Provide project setup data and insights to support financial reporting, forecasting, and management decision-making.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- 3 to 5+ years of accounting experience in a government contracting environment.
- Advanced, hands-on expertise with Deltek Costpoint project and contract setup.
- Strong experience with government contract types including CPFF, T&M, FFP, and IDIQ.
- In-depth knowledge of FAR, DFARS, and Cost Accounting Standards (CAS).
- High proficiency in Deltek Costpoint modules including Project Setup, Contract Management, Billing, and General Ledger.
- Advanced Excel skills.
- Experience with process documentation and internal control design.
- Exceptional attention to detail and a strong compliance mindset.
- Ability to interpret complex contracts and assess accounting and compliance risks.
- Strong teamwork and communication skills.
- Ability to work independently and manage multiple complex setups simultaneously.
- Strong analytical, problem-solving, and decision-making skills.
Preferred Qualifications
- Experience in a mid-size to large government contractor environment.
- Prior experience leading or training project setup/accounting teams.
Compensation & Benefits
Details regarding compensation and benefits will be provided during the hiring process.
Location
Remote within the United States, with travel as needed.