Senior Accountant

This is a fully remote position, open to applicants in United States.

📋 Description

• Act as the main day-to-day operator and subject matter expert for Deltek Costpoint across all accounting modules (General Ledger, Accounts Payable, Accounts Receivable, Project, Billing, Labor, Purchasing, Time & Expense).

• Execute and verify payroll journal entry imports from Paylocity into Costpoint, ensuring accurate labor distribution across direct and indirect cost pools.

• Configure and uphold Costpoint project structures, including charge codes, cost elements, funding profiles, ceiling limits, and revenue recognition rules.

• Oversee Costpoint billing setups for T&M, cost-plus, FFP, and hybrid contract types; generate and review invoices through the Costpoint billing module.

• Conduct Costpoint period-end processing, including revenue recognition runs, indirect rate allocation, account reconciliation, and period close procedures.

• Maintain the Costpoint chart of accounts, organizational structures, and account category hierarchies to support precise cost pool segregation.

• Develop and sustain Costpoint reports and queries for management reporting, audit support, and ad hoc financial analysis.

• Diagnose Costpoint system issues; collaborate with Deltek support and IT on patches, upgrades, and configuration changes.

• Manage user security profiles and access controls within Costpoint to ensure appropriate segregation of duties.

• Apply FAR Part 31 cost allowability, allocability, and reasonableness criteria to all transactions; identify and separate unallowable costs in accordance with the company's Disclosure Statement.

• Calculate, monitor, and adjust provisional indirect rates (fringe, overhead, G&A, material handling) and reconcile actual vs. provisional rates quarterly.

• Prepare the annual Incurred Cost Submission (ICS) package in compliance with FAR 52.216-7, including required schedules, certifications, and reconciliations.

• Assist with DCAA audit requests, including floor checks, system audits (accounting, billing, estimating, purchasing), and incurred cost audits; prepare supporting documentation and walkthroughs.

• Ensure adherence to applicable Cost Accounting Standards (CAS), including consistency in cost accounting practices and timely disclosure of changes.

• Maintain cost pool structures and allocation bases in alignment with the company's CAS Disclosure Statement and established accounting practices.

• Process and track contract funding modifications, obligations, ceiling adjustments, and period of performance changes in Costpoint.

• Monitor contract funding status and alert program managers when contracts near funded ceilings or funding gaps.

• Execute the complete monthly close process, including journal entries, accruals, deferrals, intercompany eliminations, and balance sheet reconciliations.

• Reconcile all balance sheet accounts monthly with supporting schedules and variance explanations; maintain organized workpaper files.

• Manage full-cycle accounts payable: vendor invoice validation, 3-way match (PO, receipt, invoice), approval routing, payment processing, and 1099 reporting.

• Process accounts receivable, including invoice generation, cash application, collections follow-up, and aging analysis on federal and commercial accounts.

• Prepare bank reconciliations and manage corporate credit card expense reconciliation and reporting.

• Assist in the preparation of monthly, quarterly, and annual financial statements and management reports for executive leadership.

• Support annual external audit and tax return preparation; prepare requested schedules, analyses, and PBC (Prepared by Client) items.

• Maintain the fixed asset register, including capitalization, depreciation schedules, and disposal tracking within Costpoint.

• Establish new projects/contracts in Costpoint, including project hierarchy, labor categories, ODC (Other Direct Cost) elements, subcontractor structures, and billing terms.

• Review and validate project cost reports; investigate and resolve cost mischarges, labor mispostings, and allocation anomalies.

• Prepare and submit government contract invoices (SF-1034, SF-1035, or electronic) through Costpoint and applicable government payment portals (WAWF/IPP).

• Track and report on contract profitability, budget vs. actual performance, EAC (Estimate at Completion), and funding burn rates.

• Process and account for subcontractor invoices, consultant payments, and pass-through costs in accordance with FAR and contract terms.

• Reconcile revenue recognition entries to contract billing; ensure proper cutoff between periods.

⛳️ Requirements

• Bachelor's degree in Accounting, Finance, or a closely related field.

• 5+ years of progressive accounting experience, with a minimum of 3 years in government contract accounting at a federal contractor.

• Hands-on proficiency with Deltek Costpoint — must have direct experience with GL, AP, AR, Project, Billing, and Labor modules.

• Strong working knowledge of FAR Part 31 cost principles, Cost Accounting Standards (CAS), and DCAA audit requirements.

• Experience preparing or significantly contributing to Incurred Cost Submissions (ICS).

• Demonstrated experience with indirect rate calculations (fringe, overhead, G&A) and provisional-to-actual rate reconciliation.

• Experience with government contract billing across various contract types (T&M, cost-plus, FFP).

• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP/INDEX-MATCH, data analysis).

• U.S. citizenship required.

• Strong analytical, problem-solving, and organizational skills with high attention to detail.

• Ability to work independently, manage competing priorities, and meet recurring deadlines in a fast-paced environment.

🏝️ Benefits

• Comprehensive benefits package including medical (Cigna).

• Dental and vision (Principal).

• 401(k).

• PTO.

• Education reimbursement.

• Certification reimbursement.