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Contract Accounting Jobs (NOW HIRING)

Hi-Vac Corporation

Contract Accounting Specialist

Marietta, OH · On-site

$16.75 - $22.50/hr

Hi-Vac Corporation is looking for a proactive and detail oriented Contract Accounting Specialist to assist our sales and customer service efforts within the manufacturing industry. This role combines ...

Robert Half

Accounting Clerk

Cedar Rapids, IA · On-site

$19 - $21/hr

Contract Accounting Clerk - SAP Experience | Iowa City, IA Are you a detail-oriented accounting professional with hands-on SAP experience? We're partnering with a well-established organization in ...

Systek

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 ...

Sentar

Accounting Manager

Huntsville, AL · On-site

Government Contract Accounting & Compliance * Provide support and guidance with DCAA audits, Incurred Cost Submissions, FAR compliance, and the development and monitoring of indirect cost rates ...

Sentar

Accounting Manager

Huntsville, AL

Government Contract Accounting & Compliance * Provide support and guidance with DCAA audits, Incurred Cost Submissions, FAR compliance, and the development and monitoring of indirect cost rates ...

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Contract Accounting information

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$10

$36

$95

How much do contract accounting jobs pay per hour?

As of Jun 20, 2026, the average hourly pay for contract accounting in the United States is $36.09, according to ZipRecruiter salary data. Most workers in this role earn between $21.15 and $36.54 per hour, depending on experience, location, and employer.

What does a contract accountant do?

A contract accountant manages financial records, prepares financial statements, and ensures compliance with accounting standards for temporary or project-based roles. They often use accounting software and may need certifications like CPA, working within deadlines and specific client requirements.

What are the key skills and qualifications needed to thrive as a Contract Accountant, and why are they important?

To thrive as a Contract Accountant, you need a solid background in accounting principles, knowledge of contract law, and typically a degree in accounting or finance. Familiarity with accounting software like QuickBooks, SAP, or Oracle, as well as understanding of compliance regulations, is often required. Strong attention to detail, analytical thinking, and effective communication are crucial soft skills for accurately managing contracts and collaborating with stakeholders. These skills ensure compliance, minimize financial risk, and support sound decision-making in contract management.

What is the difference between Contract Accounting vs Accounts Payable Specialist?

AspectContract AccountingAccounts Payable Specialist
CredentialsAccounting degree, CPA or similar certifications often preferredHigh school diploma or associate's degree, some accounting knowledge beneficial
Work EnvironmentCorporate finance, project-based, often in accounting or finance departmentsFinance or accounting departments, processing invoices and payments
Employer & Industry UsageUsed in industries with project-based work like construction, engineering, or consultingCommon across various industries handling vendor payments and invoice processing

Contract Accounting focuses on managing financial records for specific projects or contracts, requiring accounting expertise. Accounts Payable Specialists handle invoice processing and payments, often with less emphasis on complex accounting principles. While both roles involve financial data, Contract Accounting is more specialized and analytical, whereas Accounts Payable is more transactional and operational.

Will CPA be replaced by AI?

The CPA credential for accounting professionals is unlikely to be fully replaced by AI, as CPAs perform complex judgment, client interaction, and regulatory compliance tasks that require human expertise. AI tools can assist with data analysis and routine processes, but the role of a CPA involves critical thinking and ethical decision-making that are difficult to automate completely.

Can you make $100,000 as an accountant?

Experienced contract accountants with specialized skills, certifications, and in high-demand industries can earn $100,000 or more annually. Salary levels depend on factors such as location, years of experience, and the complexity of the accounting work performed.

What are some common challenges faced in contract accounting roles, and how can they be managed effectively?

Contract accounting professionals often face challenges such as interpreting complex contract terms, ensuring compliance with revenue recognition standards (like ASC 606), and maintaining accuracy under tight deadlines. Managing these challenges requires strong attention to detail, regular collaboration with legal and sales teams, and ongoing professional development to stay updated on accounting standards. Utilizing robust accounting software and establishing clear communication channels across departments can significantly improve efficiency and reduce errors.

How much does a contracted accountant make?

Contracted accountants typically earn between $25 and $75 per hour, depending on experience, location, and project scope. Annual earnings can vary widely based on the number of contracts and hours worked, with some earning over $100,000 annually through multiple contracts or specialized skills. Certifications like CPA can also influence earning potential.

What is contract accounting?

Contract accounting is a specialized area of accounting that focuses on tracking, managing, and reporting financial transactions related to contracts between businesses and their clients or vendors. This process involves monitoring contract revenue, costs, billing, and compliance with contractual terms. Contract accountants ensure that financial records accurately reflect the performance and obligations of each contract, often in industries like construction, government, and consulting. Their work is crucial for auditing, financial planning, and meeting regulatory requirements.
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What cities are hiring for Contract Accounting jobs? Cities with the most Contract Accounting job openings:
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Contract Accounting jobs near you
Infographic showing various Contract Accounting job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 69% Full Time, 3% Part Time, and 27% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $75,062 per year, or $36.1 per hour.
Government Contract Accounting Manager

Government Contract Accounting Manager

Frazier & Deeter

Atlanta, GA • On-site

Full-time

Posted yesterday

Job description

Join Frazier & Deeter and be a part of a rapidly growing Top 50 accounting & advisory firm that has been repeatedly named a Best Firm to Work For, a Best Firm for Women and a Pacesetter firm among U.S. accounting firms. With several offices across the U.S., UK, and India, there is a spot for you!
We serve clients of all sizes across the United States and the globe, with a suite of services that grow every year. Our growth mindset and entrepreneurial environment translates into variety and opportunity for our people.
At Frazier & Deeter, we're committed to training, mentoring, and developing our staff members. With our emphasis on Investing in Relationships to Make a Difference and a Firmwide Focus on Inclusion, we help each other grow in every aspect of life.
Job Summary:
As a Government Contracting Accounting Manager, you will play a critical leadership role supporting government contracting clients with complex, compliance-driven accounting needs. This position offers the opportunity to lead client relationships, oversee full-cycle accounting operations, and deliver strategic financial insight in an environment governed by FAR, DCAA, and other federal regulations, while developing and mentoring a high-performing team.
Duties & Responsibilities:
  • Oversee and support clients in maintaining government contract-compliant accounting, including managing staff responsible for transaction entry, financial cleanup, and preparing invoices for various contract types (FFP, T&M, CPFF).
  • Review financial statements and indirect cost rate calculations for government contractor clients.
  • Guide clients in resolving accounting challenges related to government contracts, including cost allowability, allocability, and compliance with government regulations.
  • Provide strategic advisory services to optimize financial performance, improve reporting, and ensure adherence to industry's best practices.
  • Stay updated on government contracting regulations, accounting standards, and compliance requirements to proactively advise clients.
  • Lead and mentor junior accountants, fostering a collaborative and high-performance work environment.
  • Ensure high-quality deliverables within deadlines while exceeding client expectations.
  • Develop and prepare annual forward pricing budgets to support financial planning and government contract compliance.

Education & Experience:
  • Bachelor's degree in Accounting.
  • Demonstrated experience in public accounting, consulting, or outsourced accounting environments
  • 5+ years of experience in government contracting.
  • In-depth knowledge of Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS).
  • Expertise in preparing the Incurred Cost Submission
  • Experience with government contract accounting software (e.g., Deltek Costpoint, Unanet)
  • Experience in leading a team and owning client relationships
  • Excellent analytical and problem-solving skills, with attention to detail.
  • Effective leadership, communication, and interpersonal skills, to collaborate with clients and internal teams.

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