Government Contract Accountant
1 month ago
Financial Expertise Sought for Government Contracting Role
**Job Summary**
JCD Staffing is seeking a highly skilled Staff Accountant with expertise in government contracting to join our team. As a Staff Accountant, you will play a crucial role in implementing financial processes related to the performance of our government contracts.
**Key Responsibilities**
* Oversee all aspects of government contract accounting, including revenue recognition, billing, and cost allocation.
* Ensure compliance with Generally Accepted Accounting Principles (GAAP) and relevant government accounting standards (e.g., FAR, CAS) for contract-related financial transactions.
* Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
* Generate project-specific financial reports to track revenue, costs, and profitability, providing insights into project performance.
* Participate in month-end and year-end closing activities, reconciling accounts, and preparing journal entries as necessary.
* Review and analyze general ledger transactions related to government contracts for accuracy and completeness.
* Reconciles cash disbursement accounts, payroll, customer accounts, and other financial accounts; manages accounts receivable collections.
* Verifies and/or completes payment of invoices associated with accounts payable and ensures payments are charged to the appropriate accounts.
* Provides outside auditors with assistance; gathers necessary account information and documents to perform annual audit.
* Support senior management business decisions through financial and business analysis.
**Requirements**
* Bachelor's degree in Accounting or related field required.
* Proven experience (3-5 years) working as a Staff Accountant with a focus on government contracts within a government contractor or similar organization.
* CPA (Certified Public Accountant) qualification preferred.
**Work Arrangements**
This position is hybrid and will require working on site in McLean, VA at least twice a week. Flexible work from home options available.
**Compensation**
$75,000.00 - $85,000.00 per year
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