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Contract Accounting Jobs in Utah (NOW HIRING)

Peregrine Team

Staff Accountant

Salt Lake City, UT · On-site

$60 - $80/hr

This fully onsite, contract-to-hire role is the engine behind the accounting department's daily operations, owning the full AP cycle alongside broader general accounting responsibilities. The ideal ...

Robert Half

Sr. Accountant

Layton, UT · On-site

$31.97 - $37.02/hr

... accounting operations for a long-term contract opportunity in Utah. This role is ideal for someone who is highly organized and accurate, and who can manage complex financial activities, maintain ...

Socket.dev

Senior Accountant

Salt Lake City, UT · On-site

$70 - $100/hr

Provide professional-level accounting, budgetary, and financial support for federal, state, local, and private grants and contracts awarded to the University. * Ensure fiscal compliance with all ...

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Contract Accounting information

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.

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 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 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 the most commonly searched types of Accounting jobs in Utah?

The most popular types of Accounting jobs in Utah are:

What are popular job titles related to Contract Accounting jobs in Utah?

For Contract Accounting jobs in Utah, the most frequently searched job titles are:

What job categories do people searching Contract Accounting jobs in Utah look for?

The top searched job categories for Contract Accounting jobs in Utah are:

What cities in Utah are hiring for Contract Accounting jobs?

Cities in Utah with the most Contract Accounting job openings:

Contract Accounting jobs near you
Infographic showing various Contract Accounting job openings in Utah as of August 2026, with employment types broken down into 79% Full Time, 16% Part Time, 1% Temporary, and 4% Contract. Highlights an 86% Physical, 7% Hybrid, and 7% Remote job distribution.

Senior Financial Accounting Analyst

Veracity Ventures Inc.

Salt Lake City, UT • On-site

$80K - $106K/yr

Full-time

Dental, Retirement, PTO

Posted 20 days ago

Job description

Benefits:
  • 401(k)
  • Dental insurance
  • Paid time off

Senior Financial Accounting Analyst
Salt Lake City, Utah
Full Time
Summary:
The Senior Financial Accounting Analyst supports PacifiCorp's Transmission Revenue Accounting organization and is responsible for validating settlement outcomes, researching discrepancies, ensuring accurate customer billing, and supporting financial reporting activities related to transmission services. This position works at the intersection of accounting, data analysis, customer billing, contract administration, and operational support. The successful candidate will possess strong analytical skills, intellectual curiosity, and the ability to investigate complex issues while collaborating with internal business partners and external customers. The role requires a combination of financial analysis, reconciliation, billing validation, problem-solving, contract interpretation, and communication skills to ensure accurate and timely financial results.
Responsibilities:
(1) Settlement Validation & Analysis
- Validate transmission settlement and billing outcomes for accuracy and completeness.
- Investigate discrepancies, exceptions, and unusual financial results.
- Trace transactions from source data through settlement calculations and customer invoices.
- Research operational and financial data to identify root causes of issues and recommend corrective actions.
- Perform trend analysis, variance analysis, and reasonableness testing to support settlement validation activities.
- Validate data integrity across multiple systems and reporting platforms.
(2) Customer Billing & Contract Administration
- Prepare and review customer invoices related to transmission services.
- Analyze and resolve customer billing questions and disputes.
- Interpret transmission agreements, contracts, and tariff provisions to support accurate billing and settlement outcomes.
- Partner with internal stakeholders to ensure contracts are implemented and administered appropriately.
(3) Financial Reporting & Accounting
- Prepare journal entries, reconciliations, and supporting documentation.
- Analyze general ledger activity and ensure alignment with underlying business transactions.
- Support month-end, quarter-end, and year-end close activities.
- Assist with internal controls and Sarbanes-Oxley compliance requirements.
- Support regulatory reporting and responses to audit inquiries.
(4) Process Improvement & Business Support
- Identify opportunities to improve processes, controls, reporting, and data quality.
- Develop analytical tools and automated solutions to improve efficiency and accuracy.
- Support reporting and dashboard development using available analytical tools.
- Document procedures, business processes, and settlement methodologies.
- Collaborate with accounting, transmission operations, regulatory, legal, customer service, and other business groups.
Requirements:
- Bachelor's degree in Accounting, Finance, Business Analytics, Engineering, Information Systems, or a related field.
- A minimum of five years of experience in accounting, finance, billing, financial analysis, settlements, audit, business analytics, or related disciplines.
- Experience investigating discrepancies and reconciling financial results.
- Experience working with large datasets and performing analytical reviews.
- Demonstrated ability to identify root causes and resolve complex business issues.
- Experience supporting customers, stakeholders, or cross-functional business teams.
Technical Skills:
- Advanced Excel skills including Pivot Tables, XLOOKUP, Power Query, and complex data analysis.
- Experience with Power BI, Tableau, SQL, or similar analytical tools preferred.
- Experience with SAP and financial systems preferred.
- Ability to work with large datasets and multiple source systems.