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Accounting Analyst Jobs in Silver Spring, MD (NOW HIRING)

Accounting Analyst

Hanover, MD · On-site

$59K - $77K/yr

ACCOUNTING ANALYST The Accounting Analyst provides financial and project accounting support for Federal Government and Department of Defense (DoD) contracts and corporate operations. This role is ...

Accounting Analyst

Bethesda, MD

$64K - $84K/yr

Climate United is seeking a detail-oriented and proactive Accounting Associate to support our accounting team. The successful candidate will be responsible for entering accounts payable (AP ...

Accounting Analyst

Bethesda, MD · On-site +1

$64K - $84K/yr

Climate United is seeking a detail-oriented and proactive Accounting Associate to support our accounting team. The successful candidate will be responsible for entering accounts payable (AP ...

Senior Accounting Analyst

Clarksburg, MD · On-site

$120K - $150K/yr

The Senior Accounting Analyst is a hybrid role combining accounting fundamentals with systems, process, and reporting ownership. This position will help build scalable financial reporting processes ...

Federal Accounting Analyst Duration: 3+ Months Location: Arlington, VA The Accounting Analyst will serve as a member of a large project team and will support the client's financial improvement and ...

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Accounting Analyst information

See Silver Spring, MD salary details

$38.3K

$71.3K

$91.5K

How much do accounting analyst jobs pay per year?

As of Jul 26, 2026, the average yearly pay for accounting analyst in Silver Spring, MD is $71,325.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,000.00 and $81,200.00 per year, depending on experience, location, and employer.

Can a CPA be a financial analyst?

A CPA (Certified Public Accountant) can become a financial analyst, as the CPA credential demonstrates strong accounting and financial knowledge that is valuable in financial analysis. Many financial analysts have backgrounds in accounting, finance, or related fields, and additional skills in financial modeling and analysis tools like Excel or Bloomberg are often required.

Is accounting analyst an entry level job?

An accounting analyst position can be entry-level or require some experience, depending on the company. Entry-level roles typically require a bachelor's degree in accounting or finance and may involve tasks like data entry, financial reporting, and analysis using tools such as Excel. More advanced roles may require additional certifications or experience.

Are accounting analysts in demand?

Accounting analysts are in steady demand due to their role in financial reporting, budgeting, and compliance. The profession often requires proficiency with accounting software and certifications like CPA or CMA, and job growth is expected to align with overall financial sector expansion.

What are the key skills and qualifications needed to thrive as an Accounting Analyst, and why are they important?

To thrive as an Accounting Analyst, you need strong analytical skills, attention to detail, and a solid understanding of accounting principles, typically backed by a degree in accounting or finance. Familiarity with financial reporting software, advanced Excel functions, and ERP systems such as SAP or Oracle is commonly required. Excellent problem-solving abilities, communication skills, and the capacity to work both independently and collaboratively set top performers apart. These skills ensure accurate financial analysis, regulatory compliance, and effective support for business decision-making.

What is the difference between Accounting Analyst vs Financial Analyst?

AspectAccounting AnalystFinancial Analyst
Required CredentialsBachelor's in Accounting, Finance, or related field; CPA or CMA preferredBachelor's in Finance, Economics, or related; CFA certification advantageous
Work EnvironmentAccounting departments, corporate finance teams, accounting firmsInvestment firms, banks, corporate finance departments
Employer & Industry UsageUsed across accounting firms, corporations, government agenciesCommon in investment banking, asset management, corporate finance
Common Search & Comparison IntentUnderstanding roles, responsibilities, and career paths in accountingComparing financial analysis roles, career growth, and skills

Accounting Analysts focus on managing financial records, ensuring compliance, and preparing financial statements. Financial Analysts analyze market trends, investment opportunities, and provide financial recommendations. While both roles require strong analytical skills and financial knowledge, their primary functions and work environments differ, catering to distinct career paths within the finance industry.

What are some common challenges faced by Accounting Analysts when reconciling accounts, and how can they address them?

Accounting Analysts often encounter challenges such as discrepancies between general ledger balances and supporting documentation, timing differences in postings, and incomplete or missing information. To address these, it's important to maintain clear communication with other departments, develop strong attention to detail, and use reconciliation tools or software effectively. Proactively documenting processes and regularly reviewing accounts can also help catch errors early and ensure accurate financial reporting.

What Is an Accounting Analyst?

An accounting analyst creates financial statements and documentation for leaders of public companies to inform business decision making. As an accounting analyst, your job duties include evaluating financial data, compiling financial advice, and ensuring your company is operating according to sound accounting principles and financial standards. The qualifications you need for a career as an accounting analyst include a bachelor’s degree in a relevant field, such as accounting or finance, experience working in the financial industry, and strong analytical skills.

What does an accounting analyst do?

An accounting analyst is responsible for examining financial data, preparing reports, and ensuring accuracy in financial records. They often use accounting software and may assist with audits, budgeting, and compliance tasks to support financial decision-making.
What job categories do people searching Accounting Analyst jobs in Silver Spring, MD look for? The top searched job categories for Accounting Analyst jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Accounting Analyst jobs? Cities near Silver Spring, MD with the most Accounting Analyst job openings:
Infographic showing various Accounting Analyst job openings in Silver Spring, MD as of July 2026, with employment types broken down into 85% Full Time, 9% Part Time, 1% Temporary, and 5% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $71,325 per year, or $34.3 per hour.
Accounting Analyst

Accounting Analyst

Systek

Hanover, MD • On-site

$59K - $77K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 5 days ago


Job description

ACCOUNTING ANALYST
The Accounting Analyst provides financial and project accounting support for Federal Government and Department of Defense (DoD) contracts and corporate operations. This role is responsible for maintaining accurate financial records, performing account reconciliations, supporting financial reporting, and assisting with project cost monitoring. With approximately 10 years of accounting experience, the analyst plays a key role in ensuring financial accuracy and compliance with government contracting regulations and applicable accounting standards. The position works extensively within Deltek Costpoint to manage project accounting, track labor and expense transactions, maintain project structures, and support billing and reporting activities.
RESPONSIBILITIES
  • Perform general ledger account reconciliations and resolve discrepancies.
  • Prepare and post journal entries and assist with month-end and year-end closing processes.
  • Monitor project costs, budgets, and funding levels to ensure compliance with contract requirements.
  • Generate and analyze financial reports from Costpoint to support program management and leadership decision- making.
  • Support project setup and maintenance within the Costpoint system, including project structures, billing parameters, and cost tracking.
  • Review labor postings and expense transactions to ensure proper project charging and cost allocation.
  • Assist with customer billing preparation and revenue recognition processes.
  • Support compliance with government contract accounting requirements and internal financial controls.
  • Assist with internal and external audits, including the preparation of financial reports and documentation.
  • Collaborate with program managers to monitor financial performance and identify potential cost or funding issues.

QUALIFICATIONS
  • Bachelor's degree in Accounting, Finance, or related discipline (or equivalent professional experience).
  • Approximately 10 years of accounting or financial analysis experience.
  • Experience supporting Federal Government and/or DoD contracts is required.
  • Demonstrated experience working with project-based accounting in government contracting environments.
  • Proficiency using Costpoint for project accounting, reporting, and financial analysis.
  • Knowledge of government contract accounting principles, cost allowability, and financial reporting practices.
  • Strong analytical and problem-solving skills.
  • Advanced proficiency in Microsoft Excel and financial reporting tools.
  • Ability to manage multiple tasks and deadlines in a fast-paced environment.
  • Strong attention to detail and organizational skills.

CLEARANCE
  • Active DoD Secret Security Clearance

Systek offers a very comprehensive benefits package, including health, dental, life, and disability insurance, and also offers a 401k plan, paid time off, service anniversary awards, and tuition reimbursement.
Job Code:
1165