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Project Accountant
3 weeks ago
Project Accountant
ID
2025-3343
Job Locations
US-VA-Reston
Category
Accounting/Finance
Type
Regular Full-Time
Overview
DecisionPoint Corporation is seeking a detail-oriented Project Accountant to join our corporate finance team. This position supports the financial execution of government contracting projects by overseeing project setup, budgeting, cost tracking, billing, and compliance. The Project Accountant partners closely with the management team to ensure accurate project financial performance, timely invoicing, and adherence to contract and regulatory requirements.
This role is on a hybrid telecommute model. Required to be in the Reston Office at least 2 days a week.
Duties & ResponsibilitiesPROJECT SETUP & MAINTENANCE
* Set up new projects, task orders, and funding in Unanet in accordance with contract terms, budgets, and internal controls.
* Maintain project master data, including labor categories, billing terms, indirect rates, funding ceilings, and period of performance.
* Coordinate with Contracts and Project Management to ensure accurate interpretation and implementation of contract requirements.
* Monitor project modifications and update budgets, funding, and billing configurations accordingly.
PROJECT FINANCIAL MANAGEMENT
* Track project costs, labor, and expenses to ensure alignment with approved budgets and funding limitations.
* Perform routine analysis of project performance, including burn rates, EACs/ETCs, and variance explanations.
* Review labor charges for accuracy and proper project/task coding; follow up on discrepancies with PMs and employees.
* Support indirect rate application and ensure costs are recorded in compliance with federal acquisition regulations (FAR), CAS, and company policies.
* Assist Project Managers with financial forecasting, reclasses, and budget realignments.
BILLING & ACCOUNTS RECEIVABLE
* Prepare and submit accurate and timely monthly invoices in accordance with contract billing instructions.
* Reconcile billed amounts to Unanet/project records and resolve discrepancies prior to invoice submission.
* Maintain required billing documentation and audit trails, including backup for labor, ODCs, and subcontractor costs.
* Coordinate with customers as needed to clarify billing items and ensure invoice acceptance.
* Monitor accounts receivable aging for assigned projects and partner with Finance/PMs to support collections.
SUBCONTRACTOR & ODC OVERSIGHT
* Review subcontractor invoices for allowability, accuracy, proper approvals, and contract compliance.
* Ensure ODCs are supported by appropriate documentation and charged to correct tasks/projects.
* Assist with tracking subcontractor funding, ceilings, and period of performance to prevent overruns.
REPORTING & COMPLIANCE
* Prepare recurring project financial reports for internal stakeholders, including PMs and leadership.
* Support internal and external audits by providing project financial data, billing support, and compliance documentation.
* Assist with month-end close activities related to project accounting (accruals, revenue recognition support, variance analysis).
* Contribute to continuous improvement of project accounting workflows and documentation.
OTHER DUTIES
* Collaborate across Finance, Contracts, HR, and Operations to support overall company objectives.
* Performs other duties as required to support Accounting Department.
* Degree in Accounting, Finance, or related field or 3-5 years of relevant work experience.
* Prior government contracting experience is required.
* Experience with project cost accounting, billing, and revenue tracking in a federal environment.
* Must be able to communicate well both verbally and in writing.
* Excellent attention to detail is a requirement.
* Strong analytical and reconciliation skills; ability to identify and resolve discrepancies.
* Ability to work independently and as part of a team in a deadline-driven environment.
Desired:
* Knowledge of Unanet is highly desired.
* Experience with cost-plus, T&M, and fixed-price contract types.
* Familiarity with FAR/DFARS, CAS, and DCAA audit standards.
* Advanced Excel skills (pivot tables, lookups, data analysis).
EEO and Affirmative Action Policy: DecisionPoint Corporation is an Equal Employment Opportunity and Affirmative Action employer. It is the policy of DecisionPoint Corporation to provide equal employment opportunity in accordance with all applicable Equal Employment Opportunity/Affirmative Action laws, directives and regulations to all employees and qualified applicants without regard to race, ethnicity, color, religion, national origin, sex, age, disability status, pregnancy, sexual orientation, gender identity, genetic information, protected veteran status, or any other protected status under Federal, State or Local laws. Pay Transparency Policy: In accordance with Presidential Executive Order 13665, DecisionPoint Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. Authorization to Share Resume and Personal Information: By expressing your interest and submitting your resume for this position, you authorize DecisionPoint Corporation to share your resume, as well as personal information included on the resume, with its subsidiaries, affiliates and teaming partners for the purpose of considering you for this position and other available positions requiring comparable skills, education and experience. Should DecisionPoint Corporation. or its affiliates and teaming partners wish to initiate pre-employment discussions, you will be asked to complete an employment application and related employment documents.
