ASC 606 Accountant / Consultant

Aston Carter • Virginia Beach, VA

12d • $50 - $60 • Remote

About The Position

Join a leading defense contractor as an ASC 606 Consultant, assisting with the manual review of contracts. This is a remote consulting opportunity lasting 3 to 6 months, with a focus on revenue recognition for approximately 40 contracts per month.

Requirements

• Proven experience in revenue recognition and technical accounting, with a strong background in ASC 606.
• Hands-on experience in reading and reviewing government contracts and applying the disclosure model for revenue recognition.
• Bachelor’s degree in accounting.
• Expertise in Deltek Costpoint with the ability to troubleshoot and propose solutions for project report issues.
• Experience in balance sheet reconciliations, financial statements, and journal entries.

Nice To Haves

• Experience with Blackline.
• Experience in a large government contractor service-based business managing subcontractors with milestones, cost-plus, and fixed-price contracts.

Responsibilities

• Conduct thorough reviews of government and commercial ASC 606 contracts.
• Prepare and review journal entries.
• Manage accruals for direct program work.
• Reconcile balance sheets.
• Troubleshoot and resolve issues in Deltek, providing recommendations to improve project reports.

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

What This Job Offers

• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees