[Hiring] Government Contract Accountant @Cormac Corporation

Role Description

We are seeking an analytical, detail-oriented GovCon Accountant to join our finance team. This role is responsible for full-cycle accounting operations—including Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL) maintenance—while ensuring absolute compliance with GAAP and federal government contracting regulations. The ideal candidate will have hands-on experience navigating PROCAS or equivalent GovCon accounting software to manage indirect rates, contract tracking, and compliant financial reporting.

Key Responsibilities

• Full-Cycle Accounting Operations (AP/AR/GL)
  • Accounts Payable: Process vendor invoices, match purchase orders, ensure proper project/cost-code allocations, and prepare weekly disbursement cycles.
  • Accounts Receivable: Generate precise, compliant client billings (Time & Materials, Firm-Fixed-Price, and Cost-Plus contracts) and track collections.
  • General Ledger: Maintain the corporate general ledger, prepare and post journal entries, and perform monthly bank and balance sheet reconciliations.
• Month-End Close: Support the month-end and year-end close processes, ensuring all financial data is accurately captured within deadlines.
• Government Contracting & Compliance
  • Cost Accounting: Ensure accurate tracking, allocation, and reporting of direct costs, indirect costs, and unallowable expenses in strict compliance with FAR (Federal Acquisition Regulation) and CAS (Cost Accounting Standards).
  • Indirect Rates: Assist in the calculation, monitoring, and application of provisional and actual indirect cost pools (Fringe, Overhead, G&A).
  • Audit Support: Assist in preparing schedules, worksheets, and documentation for DCAA/DCMA compliance reviews and annual corporate financial audits.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–3 years of progressive full-cycle accounting experience (AP, AR, GL).
• Experience working in a Federal Government Contracting environment with understanding of indirect rates and government cost structures.
• Experience with PROCAS or similar GovCon-specific tools (e.g., Deltek Costpoint, Unanet).
• Knowledge in GAAP, FAR, and DCAA compliance requirements.
• Experience with MS Excel (pivot tables, complex formulas, VLOOKUP/XLOOKUP).

Requirements

• Prior experience assisting with the preparation of an Incurred Cost Submission (ICS).
• Familiarity with data visualization or reporting software (e.g., Power BI, Tableau).
• Strong communication skills to cross-functionally coordinate with Project Managers regarding budget variances and contract burn rates.
• Familiarity with AI driven tools.

Location

• Leesburg, VA

Working Arrangement

• 100% Remote