Senior Cost Accountant

Overview

A management and technology consulting firm specializing in public-sector organizations is seeking a Senior Cost Allocation Accountant. This role focuses on ensuring the integrity of federal grant expenditures by evaluating cost allocation methodologies, validating financial data, and ensuring compliance with federal regulations such as 2 CFR Part 200 and HHS requirements. The position supports financial stewardship across hospitals, universities, tribal governments, and non-profit organizations.

Responsibilities

• Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs).
• Validate that costs are allowable, reasonable, properly documented, and compliant with federal grant requirements.
• Reconcile cost data with financial statements, budgets, and supporting records.
• Identify and exclude unallowable costs from calculations.
• Assist in evaluating cost distribution methods across multiple programs.
• Support preparation of financial reports, findings, and recommendations.
• Maintain accurate spreadsheets, tracking tools, and financial records.
• Collaborate with internal teams and external stakeholders, including grant recipients.
• Apply knowledge of federal cost principles, internal controls, and risk assessment.
• Participate in federal audits such as Single Audit, OIG, and GAO.
• Provide basic guidance on cost allocation and grant compliance.

Qualifications & Required Skills

• Bachelor’s degree in Accounting, Finance, or related field (CPA not required).
• Minimum 5 years of experience in accounting, finance, or grants management.
• Hands-on experience with direct and indirect cost allocation.
• Experience working with or supporting grant requests from hospitals, universities, tribal entities, and non-profit organizations.
• Strong knowledge of federal grant regulations, preferably 2 CFR Part 200.
• Knowledge of GAAP and basic cost accounting principles.
• Proficient in Excel, including pivot tables, lookups, data validation, error-checking, and data analysis.
• Experience with financial systems such as UFMS, PMS, GrantSolutions, or similar.
• Strong attention to detail and organizational skills.

Preferred Skills

• Exposure to Cost Allocation Plans or indirect rate calculations.
• Experience with grants management or financial systems.
• Ability to analyze financial data and clearly explain findings.
• Strong communication and teamwork skills.
• Ability to manage multiple assignments in a compliance-driven environment.
• Familiarity with federal financial management standards (OMB Circulars, HHS Grants Policy Statement).

Compensation & Benefits

• Competitive salary
• Health, dental, and vision insurance
• 401(k) retirement plan
• Discretionary paid time off
• Professional development opportunities
• Dynamic and collaborative work environment

Working Conditions

• Travel may be required as needed.
• Some projects may require extended hours to meet deadlines.

Location

Not specified.