Government Cost Accountant

Government Cost Accountant Position Overview

Responsible for cost accounting activities on government contracts, including Estimate-at-Completion (EAC) analysis, cost pool management, and compliance with DCAA, CAS, and FAR/DFARS requirements. Partners with program management, contracts, and operations to ensure accurate contract cost recognition and reporting.

Principal Accountabilities:

• Prepare and analyze monthly EACs across assigned contracts/programs, incorporating actuals, ETC, and risk/opportunity assessments
• Support program EAC reviews with Program Managers, Finance, and Ops leadership
• Maintain compliance with Cost Accounting Standards (CAS), FAR Part 31, and DFARS cost principles
• Support DCAA audits, incurred cost submissions, and disclosure statement maintenance
• Perform indirect rate development, cost pool allocations, and variance analysis
• Ensure proper cost accumulation by contract line item (CLIN) and work breakdown structure (WBS)
• Reconcile job cost data between ERP/MRP systems and general ledger
• Support proposal cost volume development and forward pricing rate proposals
• Monitor contract funding, ceiling limitations, and cost overrun risk
• Assist with revenue recognition under ASC 606 (percentage-of-completion) tied to EAC data
• Support internal controls, SOX compliance, and audit readiness

Skills and Qualifications:

Required

• Must be a US Citizen or a Permanent resident per ITAR (International Traffic in Arms Regulations) guidelines.
• Bachelor's degree in Accounting, Finance, or related field
• 3–7+ years of government contract cost accounting experience in aerospace/defense manufacturing
• Working knowledge of DCAA, CAS, FAR/DFARS, and EAC methodology
• Experience with ERP systems (Deltek Costpoint, SAP, or similar)
• Strong Excel skills; financial modeling proficiency

Preferred

• Experience with NADCAP/AS9100 manufacturing environments
• Exposure to ITAR-controlled programs
• CMA, CPA, or progress toward certification
• Experience with EVMS (Earned Value Management)
• An active clearance is highly preferred. Candidates without an active clearance may still be considered but must be eligible to obtain and maintain one.

What does Qarbon Aerospace have to offer?

• Company Paid Benefits available immediately upon employment
  • Basic Life Insurance
  • Short-Term Disability (STD) & Long-Term Disability (LTD)
  • 12 Paid Holidays
  • Flex Time Off
• Medical/Prescription Insurance
• Dental & Vision Insurance
• Critical Illness Insurance / Hospital Indemnity Insurance / Accident Insurance
• Life Insurance and AD&D Insurance
• Savings and Spending Accounts
  • Health Flexible Spending Account (FSA)
  • Dependent Care FSA
  • Health Savings Account (HSA)
• Immediate vesting on 401(k) Plans
• Tuition Reimbursement