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Contract Accounting Jobs in Virginia (NOW HIRING)

Markon

Accounting Manager

Falls Church, VA · On-site

$110K - $135K/yr

Working closely with Finance, Contracts, Pricing, Program Finance, Human Resources, Payroll, and Operations, the Accounting Manager will strengthen accounting operations, enhance internal controls ...

Markon

Accounting Manager

Falls Church, VA · On-site

$110K - $135K/yr

Working closely with Finance, Contracts, Pricing, Program Finance, Human Resources, Payroll, and Operations, the Accounting Manager will strengthen accounting operations, enhance internal controls ...

Markon

Accounting Manager

Falls Church, VA

Working closely with Finance, Contracts, Pricing, Program Finance, Human Resources, Payroll, and Operations, the Accounting Manager will strengthen accounting operations, enhance internal controls ...

Markon

Accounting Manager

Falls Church, VA · On-site

$110K - $135K/yr

Working closely with Finance, Contracts, Pricing, Program Finance, Human Resources, Payroll, and Operations, the Accounting Manager will strengthen accounting operations, enhance internal controls ...

Blackwatch International

Senior Accountant

Mclean, VA · On-site

$95K - $120K/yr

Review contract structures and project setup within Unanet to ensure proper accounting treatment and compliance. * Review accounts payable, accounts receivable, payroll, and billing transactions for ...

Core One

Accounting Manager

Sterling, VA · On-site

$90K - $100K/yr

Familiarity with DCAA compliance and government-contract accounting practices. * SECRET clearance or higher. Salary Range: $90,000 - $100,000 The pay range reflected above is a general guideline for ...

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 ...

Core One

Accounting Manager

Sterling, VA · On-site

$90K - $100K/yr

Familiarity with DCAA compliance and government-contract accounting practices. * SECRET clearance or higher. Salary Range: $90,000 - $100,000 The pay range reflected above is a general guideline for ...

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 · 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 Aug 16, 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 August 2026, with employment types broken down into 50% Full Time, 25% Part Time, and 25% Contract. Highlights an 50% In-person, and 50% Hybrid job distribution, with an average salary of $74,418 per year, or $35.8 per hour.

Accounting Manager, Technical Accounting & Financial Reporting

Somatus, Inc.

Mclean, VA • On-site

Full-time

Medical, Dental, Vision, PTO

Posted 6 days ago

Somatus rating

6.7

Company rating: 6.7 out of 10

Based on 15 frontline employees who took The Breakroom Quiz

Job description

How We Show Up for Our Patients:
As a leading provider of outcomes-driven care for individuals and communities living with chronic conditions, Somatus is helping patients across the country enjoy More Healthy Days at Home™.
Care at Somatus goes beyond treatment. Through a whole-person approach, we deliver outcomes-driven integrated care and show up #SomatusStrong for our patients and teammates. We partner closely with health plans, health systems, and provider groups to support patients with, or at risk of developing, cardio, kidney, metabolic, or other chronic conditions.
We hire the brightest and boldest - talent driven by purpose and impact. Since our founding in 2016, our growth trajectory isn't just a milestone - it's a signal. Our leadership values culture and leads with intention as we remain dedicated to driving clinical excellence.
Does this sound like you? Keep reading.
How We'll Support You:
We offer 25+ health, growth, and wealth work perks to help teammates be the best version of themselves, including:
  • Subsidized personal healthcare coverage: Medical, Dental & Vision, plus Wellness programs
  • Paid Time Off: Flexible PTO
  • Professional development: CEU and tuition reimbursement

How You'll Make an Impact:
The Accounting Manager, Technical Accounting & Financial Reporting is a high-impact role responsible for supporting the Company's accounting close, technical accounting analysis, financial reporting, audit readiness, internal controls, and scalable accounting processes in accordance with U.S. GAAP. This role will have meaningful involvement in revenue accounting and healthcare contract accounting, including matters involving ASC 606 and ASC 460, while also supporting other complex accounting areas, including estimates, accruals, reconciliations, disclosures, systems, and process improvement. The role is designed for a high-performing accounting professional who can own complex accounting matters, apply strong technical judgment, prepare audit-ready documentation, and drive continuous improvement across close, reporting, systems, and controls.
This role is well suited for a current or former public accounting audit manager who wants to move into an operating role with broad ownership across accounting close, technical accounting, financial reporting, audit support, controls, and scalable process improvement. A successful candidate is intellectually curious, detail-oriented, highly accountable, and capable of operating independently while partnering cross-functionally with Finance, FP&A, Legal, Operations, Investors, and external auditors. CPA certification and prior Big 4 or national public accounting experience are strongly preferred.
  • Own or support key monthly, quarterly, and annual close activities across assigned accounting areas, including preparation and review of journal entries, account reconciliations, rollforwards, fluctuation analyses, and supporting documentation.
  • Serve as a technical accounting resource under U.S. GAAP, including support for revenue recognition under ASC 606, guarantee accounting under ASC 460, estimates, accruals, contract accounting, significant judgments, and non-routine transactions.
  • Prepare and review technical accounting memoranda and supporting analyses for significant accounting matters, including ASC 606 revenue arrangements, ASC 460 guarantee arrangements, estimates, reserves, true-ups, contract modifications, balance sheet judgments, and other complex transactions.
  • Partner with Legal, Finance, FP&A, Operations, and business stakeholders to review new or amended arrangements and assess accounting, billing, reporting, estimates, disclosures, and control implications, including considerations under ASC 606 and ASC 460 when applicable.
  • Maintain and enhance assigned chart of accounts structures, reporting hierarchies, accounting policies, and close processes to support accurate, consistent, and scalable reporting.
  • Design, maintain, and enhance internal controls over assigned accounting processes, including reconciliation controls, evidence retention, control documentation, and remediation of identified control gaps in support of IPO/SOX readiness.
  • Develop and enhance reporting tools, reconciliations, and analytics to improve visibility into financial statement trends, balance sheet activity, estimate true-ups, and close status.
  • Partner with Finance Systems and IT to implement, test, and document system enhancements that improve accounting accuracy, automation, reporting, and control execution.
  • Drive process improvements that make accounting close and reporting activities faster, more accurate, better controlled, and scalable for company growth and public-company readiness.
  • Develop, implement, and maintain accounting policies, procedures, close calendars, reconciliations, reporting packages, and control documentation across assigned areas.
  • Prepare and support financial statement disclosures, including tie-outs to the general ledger, supporting schedules, audit evidence, and responses to external auditor inquiries.
  • Act as a primary point of contact for audit requests within assigned accounting areas, including PBC schedules, walkthrough support, technical accounting documentation, significant estimate support, and auditor follow-up items.
  • Review work prepared by staff and senior accountants, provide coaching and feedback, and help develop team capabilities as the accounting function scales

How You'll Strengthen Our Team:
Qualifications:
  • Bachelor's degree in accounting
  • 7+ years of progressive accounting experience, including public accounting, corporate accounting, technical accounting, financial reporting, revenue accounting, healthcare contract accounting, or other complex accounting experience.
  • Strong knowledge of U.S. GAAP, account reconciliations, monthly close processes, financial reporting, audit support requirements, internal control expectations, and the ability to apply technical guidance such as ASC 606 and ASC 460 to complex arrangements.
  • Experience preparing or reviewing journal entries, account reconciliations, fluctuation analyses, supporting schedules, and audit-ready documentation

Preferred Qualifications:
  • CPA certification strongly preferred
  • Big 4 or national public accounting experience strongly preferred, ideally at the Audit Manager level or equivalent.
  • Experience with technical accounting, financial reporting, internal controls, significant estimates, complex reconciliations, revenue recognition under ASC 606, guarantee accounting under ASC 460, or healthcare accounting.
  • Experience in a high-growth, private-equity-backed, IPO-readiness, SOX-readiness, or public-company environment.
  • Experience supervising, reviewing, or developing accounting team members.

Knowledge, Skills, and Abilities:
  • Strong analytical, problem-solving, and organizational skills.
  • Strong knowledge of U.S. GAAP, technical accounting analysis, financial reporting, internal controls, month-end close processes, and technical guidance applicable to complex revenue and guarantee arrangements, including ASC 606 and ASC 460.
  • Experience with ERP systems (NetSuite preferred).
  • Advanced Excel skills, including pivot tables, XLOOKUP, data analysis, and the ability to work with large data sets.
  • Ability to analyze operational and finance data sets to support estimates, accruals, reserves, true-ups, reconciliations, and other judgment-based accounting conclusions.
  • High intellectual curiosity and ability to think critically beyond transactional processing.
  • Excellent written and verbal communication skills, including the ability to prepare clear, audit-ready documentation and explain accounting conclusions to finance and business stakeholders.
  • Ability to meet communicated and expected deadlines.
  • Ability to leverage work prepared by others, apply review-level judgment, incorporate feedback, and drive tasks to completion.
  • Effectively collaborate with cross-functional teams, business partners, leadership, co-workers, clients, and others courteously and professionally.
  • Ability to delegate, develop teammates, provide constructive feedback, and expand the capacity of the team.

Compensation:
$142,200 to $158,800 per year
We offer competitive compensation that reflects market conditions and recognizes the skills, experience, and contributions of our team members. Compensation for the role will depend on a number of factors, including a candidate's qualifications, skills, competencies, experience, and geographic location and may fall outside of the range shown above. In addition, this position may be eligible for a discretionary performance-based bonus in accordance with the Company's applicable incentive compensation plans.
This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Our Commitment to Diversity:
At Somatus, we celebrate what makes us unique - our people. We believe that a culture intentionally built to foster and support our unique passions, experiences, and perspectives helps fuel us in the pursuit of our mission.
Somatus, Inc. provides equal employment opportunity to all individuals regardless of race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by law. Discrimination of any type will not be tolerated.

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