Government Contract Accounting Specialist
3 weeks ago
CFO Hub is looking for a highly skilled Government Contract Accounting Specialist to join our team. As a key member of our finance team, you will be responsible for managing financial tasks and ensuring accurate and efficient completion of all financial responsibilities.
The ideal candidate will have a strong background in general accounting and finance, with a focus on technical and administrative management. They will be responsible for generating monthly status reports, submitting vouchers, and performing postings to the General Ledger.
This role requires excellent time management skills, as well as the ability to act without guidance. The Government Contract Accounting Specialist will report directly to Senior Management/company owners and will be responsible for ensuring that all financial tasks are completed accurately and efficiently.
Key Responsibilities:
- Generate monthly status reports and submit vouchers
- Perform postings to the General Ledger
- Prepare Financial Statements
- Prepare for financial audits, including incurred cost audits
- Monitor monthly indirect rates and analyze impact for forecasting
- Perform reconciliations and journal entries
- Responsible for accounts payable/receivable, payroll taxes, invoicing, contract indirect rate determination
- Prepare and update cost reports for billing purposes
- Review timesheets for Payroll, make corrections and adjustments as needed
Requirements:
- 5 years of previous Government Contract Accounting experience (Two to three years of previous experience defense Government contracts preferred)
- Experience with Cost-Plus Fixed Fee (CPFF) and Firm-Fixed Price (FFP) contracts
- Experience using QuickBooks software (Unanet preferred)
- Have a working knowledge of DCMA and DCAA regulations and be competent in determining Indirect Cost Proposal/rates (ICE/ICP) and Provisional Billing Rates (direct rates and indirect rates) for Government contracts
- Operational use and adherence to GAAP
- US Citizenship and the ability to obtain a Secret Clearance
- Ability to communicate effectively in English, both verbal and written, within all levels in the organization and among customers and business partners
Compensation and Benefits:
- A competitive salary of $150-175k per year
- A comprehensive benefits package
- A dynamic and supportive work environment
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