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Contract Accounting Jobs in Virginia (NOW HIRING)

LBO Technology, LLC

Be Seen First

Senior Accountant

Leesburg, VA · On-site

$90K - $95K/yr

Maintain proper documentation for purchases, travel, and operational expenses Government & Contract Accounting * Perform full-cycle Accounts Receivable (AR) and Accounts Payable (AP) * Prepare ...

Core One

Accounting Manager

Sterling, VA · On-site

$90K - $100K/yr

Familiarity with DCAA compliance and government-contract accounting practices. * Ability to obtain and maintain a security clearance. Salary Range: $90,000 - $100,000 The pay range reflected above is ...

Blackwatch International

Senior Accountant

Mclean, VA · On-site

$95K - $120K/yr

... contract accounting support. This position is responsible for leading key aspects of the monthly close process, supporting indirect rate management, ensuring compliance with government contracting ...

Core One

Accounting Manager

Sterling, VA

$90K - $100K/yr

Familiarity with DCAA compliance and government-contract accounting practices. * Ability to obtain and maintain a security clearance. Salary Range: $90,000 - $100,000 The pay range reflected above is ...

IMTAS

Finance and Accounting Manager

Reston, VA

This leadership position requires deep expertise in Federal contract accounting, strong analytical skills, proactive process ownership, and collaborative engagement with executive leadership and ...

Aery Aviation LLC

Accounting Associate

Newport News, VA · On-site

$65K - $75K/yr

Support month-end and year-end close activities; prepare supporting schedules and variance analyses. * Assist with government contract accounting: cost allowability, indirect cost rates, timekeeping ...

IMTAS

Finance and Accounting Manager

Reston, VA · On-site

This leadership position requires deep expertise in Federal contract accounting, strong analytical skills, proactive process ownership, and collaborative engagement with executive leadership and ...

Scout Space

Controller

Reston, VA · Remote

Ensure compliance with government contract accounting requirements, including DCAA compliance, FAR/DFARS requirements, incurred cost submissions, and government contract accounting standards.

Scout Space

Controller

Reston, VA · On-site +1

Ensure compliance with government contract accounting requirements, including DCAA compliance, FAR/DFARS requirements, incurred cost submissions, and government contract accounting standards.

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All JobsContract Accounting JobsContract Accounting Jobs in Virginia

Contract Accounting information

See Virginia salary details

$10

$35

$94

How much do contract accounting jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for contract accounting in Virginia is $35.78, according to ZipRecruiter salary data. Most workers in this role earn between $20.96 and $36.20 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.
What are the most commonly searched types of Accounting jobs in Virginia? The most popular types of Accounting jobs in Virginia are:
What are popular job titles related to Contract Accounting jobs in Virginia? For Contract Accounting jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Contract Accounting jobs in Virginia look for? The top searched job categories for Contract Accounting jobs in Virginia are:
What cities in Virginia are hiring for Contract Accounting jobs? Cities in Virginia with the most Contract Accounting job openings:
Contract Accounting jobs near you
Infographic showing various Contract Accounting job openings in Virginia as of July 2026, with employment types broken down into 73% Full Time, 18% Part Time, 3% Temporary, and 6% Contract. Highlights an 85% In-person, 9% Hybrid, and 6% Remote job distribution, with an average salary of $74,418 per year, or $35.8 per hour.
Government Contracts Accounting & DCAA Compliance Analyst

Government Contracts Accounting & DCAA Compliance Analyst

InterScripts, Inc

Chantilly, VA • On-site

Full-time

Posted 2 days ago

Job description


Position Summary
We are seeking an experienced Government Contracts Accounting & DCAA Compliance Manager to design, implement, and maintain a fully DCAA-compliant accounting system using QuickBooks Online and GovBooks.
This role will be responsible for building the complete government-compliant accounting structure, including cost pools, labor distribution, indirect rate calculations, and audit readiness in accordance with FAR and DCAA requirements.
Key Responsibilities
1. Full DCAA-Compliant System Setup (Primary Responsibility)
  • Configure QuickBooks Online(Plus or Advanced) for government contract accounting
  • Implement and integrate GovBooks with QuickBooks Online
  • Build a compliant Chart ofAccounts from the ground up
  • Establish segregation of:
    • Direct Costs
    • Indirect Costs (Fringe,Overhead, G&A)
    • Unallowable Costs
  • Set up job costing by contract
  • Configure cost pools andallocation bases
  • Ensure system supports IncurredCost Submission (ICS) requirements

2. Timekeeping & Labor Distribution Compliance
  • Implement DCAA-complianttimekeeping system
  • Ensure daily time entry,approvals, and full audit trail
  • Map payroll to correct direct andindirect labor categories
  • Maintain labor distributionaccuracy and reconciliation

3. Indirect Rate Structure & Monitoring
  • Establish and maintain:
    • Fringe Pool
    • Overhead Pool
    • G&A Pool
  • Calculate provisional billingrates
  • Perform monthly indirect rateanalysis
  • Support Incurred Cost Submissionpreparation

4. Audit Readiness & Internal Controls
  • Maintain DCAA audit readiness
  • Prepare documentation for DCAAaudits and floor checks
  • Develop and maintain writtenaccounting policies and procedures
  • Enforce segregation of duties anduser access controls
  • Maintain system audit logs andcompliance documentation

5. Government Billing & Reporting
  • Prepare invoices forcost-reimbursable, T&M, and fixed-price contracts
  • Monitor contract funding and burnrates
  • Generate contract profitabilityand indirect rate reports
  • Support proposal pricing withhistorical cost data

Requirements
  • Bachelor's degree in Accountingor Finance
  • 5+ years of government contractaccounting experience
  • Hands-on experience setting upQuickBooks Online for DCAA compliance
  • Hands-on experience implementingand configuring GovBooks
  • Proven experience building fullindirect rate structures (Fringe, OH, G&A)
  • Strong knowledge of:
    • FAR (Federal AcquisitionRegulations)
    • DCAA requirements
    • Allowable vs unallowable costtreatment
  • Experience preparing orsupporting Incurred Cost Submissions
  • Experience supporting DCAA audits

Preferred Qualifications
  • CPA or CMA
  • Experience with cost-reimbursablecontracts
  • Experience in a growing small tomid-size GovCon company
  • Knowledge of Cost AccountingStandards (CAS)

Apply