Principal Operations Accountant

This is a fully remote position, open to applicants in Maryland, +2 more states.

📋 Description

• Manage the comprehensive financial administration and fiscal integrity of a complex, high-revenue portfolio of government contracts.

• Track contract costs, funding, revenue, commitments, and expenditures in relation to approved budgets and contract ceilings.

• Assess labor, subcontract, material, travel, and other direct costs for accuracy, project charging, and compliance with allowable expenses.

• Supervise contract funding and alert management regarding funding needs, potential overruns, or nearing ceilings.

• Oversee billing structures including Cost-Plus, Time & Materials, and Firm-Fixed-Price.

• Examine billing transactions and supporting documentation for accuracy and adherence to compliance standards.

• Prepare invoice packages and cross-functional documentation in iRAPT/WAWF as well as agency-specific portals.

• Reconcile balances across accounting, billing, project subledger, and general ledger systems.

• Review unbilled receivables, accounts receivable, deferred revenue, and other contract-related balance sheet accounts.

• Support month-end and year-end closing activities.

• Conduct root-cause analyses of billing and project-cost discrepancies in collaboration with cross-functional teams.

• Assist with contract modifications, funding changes, option years, and task orders from a financial viewpoint.

• Aid in revenue recognition and contract accounting tasks.

• Provide financial analysis and data for contract evaluations, management reviews, and customer audits.

• Maintain precise project and contract financial records along with supporting documentation.

• Assist with internal, external, DCAA, DCMA, and other governmental audits.

• Ensure compliance with FAR, DFARS, CAS, SOX controls, company policies, and procedures.

• Drive process improvements to modernize billing workflows and enhance data visibility.

• Establish and maintain projects in Deltek Costpoint’s Projects Module.

• Perform ad hoc financial analysis and reporting for Finance, Accounting, Contracts, and Program Management.

⛳️ Requirements

• Generally requires eight years of accounting, project accounting, financial analysis, or government contracting experience with a Bachelor’s degree in Accounting, Finance, Business, or a related field.

• Background in project accounting, cost accounting, or contract financial management.

• Familiarity with Cost Plus, T&M, FFP, IDIQ, and/or Time & Materials contracts.

• US Citizenship is mandatory.

• Strong knowledge of general accounting principles and financial reporting.

• Advanced proficiency in Excel, including PivotTables, lookups, formulas, and financial analysis.

• Excellent analytical and problem-solving abilities.

• Capability to analyze large amounts of financial and project data and pinpoint discrepancies.

• High attention to detail and the ability to meet regular monthly reporting and billing deadlines.

• Ability to collaborate effectively with Finance, Contracts, Billing, Program Management, and Operations teams.

• Strong communication skills with the ability to interact cross-functionally.

• Understanding of various contract structures and accurate client billing operations.

• Knowledge of cost accounting principles along with project budgets and forecasts.

• Ability to evaluate project accounting workflows and implement process improvements or automated tools.

• Quick to learn new technologies, including the responsible use of AI.

• Capability to assess and apply emerging AI-enabled technologies.

• Proven experience using AI tools to improve workflows, productivity, decision-making, customer experiences, business outcomes, or operational efficiency.

🏝️ Benefits

• Health, dental, and vision insurance.

• Paid time off and holidays.

• Retirement benefits, including 401(k) matching.

• Educational reimbursement.

• Parental leave.

• Employee stock purchase plan.

• Tax-saving options.

• Disability and life insurance.

• Pet insurance.