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Contract Accounting Jobs (NOW HIRING)

LHH US

Contract Accounting Manager

Fort Worth, TX

$50 - $60/hr

Lead a high-visibility accounting transformation initiative * Collaborative leadership team * Fast-paced environment with the ability to influence process improvements * Potential for contract ...

Posted today

LHH US

Contract Accounting Manager

Fort Worth, TX · On-site

$50 - $60/hr

Lead a high-visibility accounting transformation initiative * Collaborative leadership team * Fast-paced environment with the ability to influence process improvements * Potential for contract ...

Posted today

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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 Jul 10, 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 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.

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.

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.
More about Contract Accounting jobs
What cities are hiring for Contract Accounting jobs? Cities with the most Contract Accounting job openings:
What are the most commonly searched types of Accounting jobs? The most popular types of Accounting jobs are:
What states have the most Contract Accounting jobs? States with the most job openings for Contract Accounting jobs include:
What job categories do people searching Contract Accounting jobs look for? The top searched job categories for Contract Accounting jobs are:
Contract Accounting jobs near you
Infographic showing various Contract Accounting job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $75,062 per year, or $36.1 per hour.
Contract & Accounting Administrator

Contract & Accounting Administrator

Knife River Corporation

Newman Lake, WA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

Knife River rating

7.7

Company rating: 7.7 out of 10

Based on 62 frontline employees who took The Breakroom Quiz

191st of 527 rated manufacturers

Job description

Responsibilities include, but are not limited to the following:
• Perform general contract administration, including creating jobs in JDE and ensuring contracts and budgets are entered accurately and on time
• Post daily production and consumption for manufacturing operations
• Prepare and process customer billings
• Administer lien release processes, including tracking, collection, and compliance for customer and subcontractors
• Manage and provide certificates of insurance, ensuring compliance with contract requirements
• Review and process subcontractor invoices
• Maintain forecasts and A/R tracking tools in Smartsheet
• Provide backup support for payroll job costing functions and reception duties
• Perform miscellaneous business analysis as requested
• Complete various special assignments
Minimum Qualifications:
• Minimum of 2 years of experience in administrative, payroll, contracting, general accounting, or a related field
• Associate's or Bachelor's degree in Business, Accounting, or related field preferred (or equivalent experience)
• Strong knowledge of standard administrative practices and office equipment
• Excellent communication, interpersonal, and organizational skills
• Demonstrated attention to detail and strong work ethic
• Proficiency in Microsoft Word, Excel, and PowerPoint
• Ability to problem solve, follow directions, manage workflow, and handle challenging situations
• Ability to prioritize tasks and remain flexible to meet deadlines
• Ability to maintain confidentiality and handle sensitive information appropriately
Benefits:
Full-time employees are eligible for:
• Medical, Dental, and Vision Insurance
• Health Savings Account (HSA) and Flexible Spending Accounts (FSA)
• 401(k) with Company Match
• Profit Sharing
• 8 Paid Holidays
• Paid Time Off (PTO)
• Life Insurance
• Employee Assistance Program (EAP)
• Years of Service Recognition
Job Details:
• Job Type: Full-time
• Schedule: Monday-Friday, 8-hour shift
• Work Location: In person
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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