Cost Accountant

AxxeumHuntsville, AL
2d

About The Position

We are seeking a highly analytical, detail-oriented Cost Accounting/Project Controls professional to lead key financial reconciliation, project oversight, and cost management activities. This role is central to ensuring accurate financial operations, maintaining compliance with federal regulations (FAR, DFARS, CAS), and delivering insightful project cost reporting. The ideal candidate brings deep experience in Deltek Costpoint, advanced knowledge of government contracting structures (T&M, CPFF, FFP), and a track record of managing project budgets, indirect cost allocation, and audit readiness.

Requirements

  • Bachelor's degree in accounting, Finance, or related field.
  • Relevant and extensive work experience may be considered in lieu of a degree
  • 5+ years of experience in project controls, or cost accounting, in a government contracting (GovCon) or manufacturing environment.
  • 3+ years Deltek Costpoint experience using Projects and Materials modules.
  • Proficiency in Microsoft Excel (including pivot tables, lookups, etc.).
  • Advanced understanding of FAR, DFARS, CAS, and DCAA audit processes.
  • Demonstrated ability to reconcile historical financial data and resolve audit findings.

Nice To Haves

  • Experience with government contract billing (T&M, CPFF, FFP).
  • Familiarity with billing systems such as WAWF and IPP.
  • Hands-on experience in supporting manufacturing, engineering, or MRO government contractors.
  • Strong communication skills with the ability to convey complex financial data to non-financial stakeholders.

Responsibilities

  • Financial & Cost Reconciliation
  • Reconcile historical transactions and subledgers with the general ledger across multiple years.
  • Analyze large data sets to identify discrepancies and resolve inconsistencies in financial records.
  • Prepare adjusting entries and support the development of audit-ready documentation.
  • Partner with internal departments to resolve aged transactions and validate historical entries.
  • Project Controls & Cost Accounting
  • Lead the setup, maintenance, and monitoring of project accounts in Deltek Costpoint.
  • Develop and manage project budgets aligned with contract terms and indirect rate structures.
  • Track project performance, analyze direct/indirect costs, and prepare forecasts and variance reports.
  • Perform cost allocations in compliance with CAS and company policies.
  • Produce detailed reporting on project profitability, burn rates, and labor utilization.
  • Regulatory Compliance & Audit Support
  • Ensure all financial activity adheres to FAR, DFARS, CAS, and DCAA audit requirements.
  • Support internal and external audits through preparation of schedules, reconciliations, and narrative explanations.
  • Maintain robust, audit-ready documentation on all cost and billing activities.
  • Billing and Revenue Recognition
  • Validate billable labor, ODCs, and subcontractor charges against contract terms and budgets.
  • Track unbilled revenue and aging reports; proactively resolve delays or billing discrepancies.
  • Partner with project managers and contracts staff to ensure timely and accurate billing cycles.
  • Accounts Payable Oversight
  • Ensure vendor invoices are accurately processed and coded to appropriate projects, CLINs, and accounts.
  • Maintain compliance with internal controls and DCAA guidelines on AP processes.
  • Process Improvement & Documentation
  • Recommend and implement internal control improvements and reporting enhancements.
  • Document procedures and train staff to ensure continuity, scalability, and compliance.
  • Lead initiatives to standardize project cost tracking and enhance reporting accuracy.
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