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Contract Accounting Manager Jobs in Indiana (NOW HIRING)

Responsible for various accounting transactions and reporting; including analysis of customer ... Manager review for contracts > $1MM. Assist Controller with income statement template updates ...

... contract compliance and lien waiver tracking across all projects Standardize and continuously ... managing an accounting team preferred Advanced experience in Accounts Payable, Job Cost, and GL ...

Project Accounting Manager

Fishers, IN · On-site

$85K - $100K/yr

... contract compliance and lien waiver tracking across all projects • Standardize and continuously improve project accounting processes, controls, and reporting templates across the team • Serve as ...

New

Job Category Finance Job Details About Salesforce Salesforce is the #1 AI CRM, where humans with ... Experience with accounting for costs to obtain a contract (ASC 340-40, Contracts with Customers) a ...

Works closely and collaboratively with Contracts, Accounting and Sales team members. Offers expertise and guidance to contract, sales, operations, and program management staff on contractual issues ...

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Contract Accounting Manager information

What are the typical challenges faced by a Contract Accounting Manager when coordinating between multiple departments?

Contract Accounting Managers often work closely with legal, procurement, and project management teams to ensure contract terms are accurately reflected in financial records. One common challenge is aligning the various departmental timelines and priorities, which can cause delays in obtaining necessary documentation or approvals. Effective communication and proactive follow-ups are essential to ensure all parties remain informed and deadlines are met. Building strong interdepartmental relationships can greatly streamline the process and reduce the risk of errors in contract accounting.

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

AspectContract Accounting ManagerAccounts Payable Manager
Primary ResponsibilitiesOversees contract accounting processes, manages revenue recognition, and ensures compliance with contractual termsManages the accounts payable process, oversees invoice processing, and ensures timely payments
Required CredentialsBachelor's in Accounting or Finance, CPA preferred, strong knowledge of contract lawBachelor's in Accounting or Finance, relevant experience in accounts payable
Work EnvironmentCorporate finance departments, project-based settings, often in industries like construction or consultingFinance or accounting departments, retail, manufacturing, or service industries
Employer & Industry UsageCommon in companies with complex contracts, project-based firmsWidely used across industries with high invoice volume

The Contract Accounting Manager focuses on managing revenue recognition and contractual compliance, while the Accounts Payable Manager handles invoice processing and payments. Both roles require accounting knowledge but serve different functions within finance departments.

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

To thrive as a Contract Accounting Manager, you need expertise in accounting principles, contract management, and financial analysis, often supported by a bachelor's degree in accounting or finance and relevant certifications such as CPA. Familiarity with ERP systems, contract management software, and advanced Excel skills are typically required. Strong attention to detail, leadership, and effective communication are essential soft skills in this role. These competencies ensure accurate contract compliance, financial reporting, and successful team coordination to minimize risks and support organizational goals.

What does a Contract Accounting Manager do?

A Contract Accounting Manager oversees the financial aspects of contracts within an organization. They are responsible for ensuring contract compliance, accurate revenue recognition, and proper billing in accordance with accounting standards and company policies. This role often involves coordinating between legal, sales, and finance teams to manage contract terms, renewals, and reporting. Their expertise helps organizations mitigate financial risks and maintain strong internal controls regarding contractual obligations.
What are the most commonly searched types of Accounting Manager jobs in Indiana? The most popular types of Accounting Manager jobs in Indiana are:
What cities in Indiana are hiring for Contract Accounting Manager jobs? Cities in Indiana with the most Contract Accounting Manager job openings:
Accounting Manager

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago


Job description

Commonwealth Engineers, Inc. is seeking an Accounting Manager to join our award-winning engineering design and consulting firm in our Indianapolis North Office. This position will report directly to the Chief Financial Officer and will play a key part in maintaining and improving day-to-day accounting operations. The ideal candidate will bring a high level of ownership, strong leadership capabilities, and experience supporting engineering, architecture, consulting, or project-based businesses. Responsibilities will include hands-on leadership and production of payroll, financial reporting, work in progress, client invoicing, and a variety of other accounting functions.
Responsibilities
Duties related to this position include but are not limited to:
  • Manage Work-in-Progress (WIP) reporting activities to ensure accurate project financial performance tracking, revenue recognition, and profitability analysis
  • Assist with client invoicing ensuring accuracy, timeliness, and compliance with contractual requirements
  • Assist with client & subconsultant contract management ensuring compliance with contractual terms, billing requirements, and company policies
  • Monitor client accounts receivable, support collection efforts, and collaborate with project managers and clients to facilitate timely payment of outstanding invoices
  • Oversee and review payroll processing and related compliance activities, ensuring accuracy, timeliness, and adherence to applicable regulations
  • Assist with financial reporting
  • Assist with month-end and year-end closing
  • Identify, recommend, and implement process improvements and operational efficiencies to strengthen internal controls and enhance department performance
  • Provide leadership, coaching, performance management, and professional development opportunities for accounting team members

Qualifications/Skills
  • Bachelor's degree in Accounting or Finance required (Master's degree or CPA preferred)
  • Minimum of 10 years of progressive accounting experience required - service-based revenue model accounting experience preferred
  • Professional experience in engineering, architecture, legal, consulting, or a related professional services environment
  • Demonstrated leadership experience with responsibility for staff supervision, coaching, and development
  • Excellent organizational skills and attention to detail
  • Proficient in Microsoft Office Suite (Primarily Microsoft Excel)
  • Experience with Deltek software products or similar project management-based software is preferred

Benefits
Commonwealth has earned our reputation as a leader in the water resource industry. Join our award-winning engineering and consulting firm and receive these benefits:
  • Competitive base salary
  • Medical, dental, and vision insurance
  • Long-term and short-term disability insurance including maternity and paternity leave
  • Supplemental Insurance
  • AD&D coverage
  • Matching 401(k) & profit sharing
  • Annual performance bonus
  • Additional incentive pay for each hour worked in excess of the 40-hour schedule
  • Paid time off and holidays
  • Flexible scheduling
  • Professional development opportunities
  • Employee outings

All offers are contingent upon a satisfactory background check.