Project Setup Accountant

Responsibilities

• Setup and maintenance of complex government contracts in Deltek Costpoint, including multi-CLIN/SLIN contracts, task orders, IDIQs, and contract modifications.
• Configure projects, subprojects, and task orders with appropriate revenue formulas, billing formulas, rate structures, ceilings, and periods of performance.
• Establish and maintain contract records in Costpoint Contract Management, including funding, ceilings, fee structures, and billing terms.
• Design and maintain compliant project charge trees, account groups, organizations, and labor category mappings.
• Serve as a reviewer for government contracts, amendments, and funding actions.
• Interpret contract terms and translate them into compliant Costpoint configurations for Cost-Plus, T&M, FFP, and IDIQ contracts.
• Identify financial, compliance, and setup risks and proactively recommend solutions.
• Ensure all project and contract setups comply with GAAP, FAR, DFARS, CAS, and company accounting policies.
• Enforce cost allowability and allocability through proper Costpoint configuration and internal controls.
• Serve as a accounting contact during external financial and DCAA audits and other government reviews related to project setup and billing.
• Act as advisor to Contracts, Billing, Program Management, and Finance leadership.
• Aid in developing, documenting, and improving standard operating procedures (SOPs) for project setup in Costpoint.
• Identify opportunities for process improvements, system enhancements, and automation.
• Support complex billing scenarios, revenue recognition, and project closeouts.
• Provide support for month-end and year-end close related to project accounting.
• Assist with indirect rate calculations, revenue recognition analysis, and complex project-related journal entries.
• Provide project setup data and insights to support financial reporting, forecasting, and management decision-making.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• 3 - 5+ years of accounting experience in a government contracting environment.
• Advanced, hands-on expertise with Deltek Costpoint project and contract setup.
• In-depth knowledge of FAR, DFARS, and Cost Accounting Standards (CAS).
• High proficiency in Deltek Costpoint (Project Setup, Contract Management, Billing, GL, and related modules).
• Advanced Excel skills.
• Strong experience with process documentation and internal control design.