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Contract Accounting Jobs in Virginia (NOW HIRING)

Lead Revenue Accountant

Reston, VA · On-site

$90 - $100/hr

Responsible for all areas of revenue accounting including contract entry, revenue recognition, and communicating potential revenue issues for timely treatment. * Works closely with the Senior Manager ...

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

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.

Senior Controller

Mclean, VA · On-site

$75K - $175K/yr

Due to continued growth and new contract awards, we are seeking an experienced Senior Accountant to join our Finance & Accounting team. Position Summary The Senior Controller serves as the senior ...

Senior Controller

Mclean, VA · On-site

$75 - $175/hr

Due to continued growth and new contract awards, we are seeking an experienced Senior Accountant to join our Finance & Accounting team. Position Summary The Senior Controller serves as the senior ...

Support DCAA accounting and government contract compliance activities * Ensure strong internal controls and scalable financial governance processes * Lead and develop accounting, payroll, FP&A, and ...

Responsible for all areas of revenue accounting including contract entry, revenue recognition and communicating any potential revenue issues to ensure appropriate and timely treatment. * Works ...

Lead Revenue Accountant

Reston, VA · On-site

$105K - $115K/yr

Responsible for all areas of revenue accounting including contract entry, revenue recognition and communicating any potential revenue issues to ensure appropriate and timely treatment. * Works ...

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.

Experience in nonprofit or government-contract accounting, including management of restricted net assets is preferred.* Ability to prepare audit‐ready schedules, support internal reviews and ...

General Ledger Accountant

Oakton, VA · On-site

$54K - $75K/yr

Experience in nonprofit or government-contract accounting, including management of restricted net assets is preferred. * Ability to prepare audit-ready schedules, support internal reviews and ...

Showing results 21-40

Contract Accounting information

See Virginia salary details

$10

$35

$94

How much do contract accounting jobs pay per hour?

As of Sep 6, 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 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 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:

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.

$95K - $127K/yr

Full-time

Medical, Retirement, PTO

Re-posted 15 days ago


Job description

Summary:

This position is responsible for providing contractual expertise to the Contracts Management function at IDA. Reports to the Senior Manager, Contracts and Procurement and works closely with the General Counsel and Division staff in the effective execution of this role. Responsibilities include administration of contract management activities, interactions with government contracting personnel, internal and external auditors, and IDA management and staff. 

Responsibilities:

Contracts Management

  • Administer contract management processes to ensure compliance with all contractual terms and conditions; identify potential issues in contracts and draft negotiation position recommendations for management  in the review of FFRDC sponsor agreements and prime contract terms and conditions;
  • Review, negotiation and administration of prime contracts and contract modifications;
  • Develop and maintain advanced knowledge of FAR regulations, FFRDC and sponsor contract requirements and IDA contracting practices to ensure consistent application of these requirements in the end-to-end management of contracts;
  • Work closely with IDA research staff to organize and manage prime contract activities including the submittal of cost proposals with supporting documentation;
  • Work closely with IDA administrative and management staff for successful contract placement and execution including the identification, notification, and resolution of potential contractual issues;
  • Work closely with IDA research staff to organize and manage Intergovernmental Personnel assignments and/or government personnel coming to work at IDA on a temporary basis;
  • Establish and maintain proactive, effective working relationships with government contracting and audit officials;
  • Monitor the processing of contract tasking and funding from start to completion, working closely with funding offices/sponsors and IDA administrative and management staff;
  • Resolve contracting issues by interacting with government contracting and/or audit officials;
  • Work closely with both IDA finance staff and government contracting staff to resolve invoicing issues;
  • Maintain complete and accurate IDA forms related to contracts management to remain current and in compliance with contractual requirements;
  • Work with Senior Manager, Contracts and Procurement to leverage technology and digitalize IDA's contractual processes, records management, metrics and reporting capabilities.

Procurement Management

  • Manage and administer subcontracts and consultant agreements to ensure compliance with all contractual terms and conditions;
  • Maintain complete and accurate IDA forms related to subcontracts management to remain current and in compliance with legal, regulatory, and contractual requirements;
  • Maintain a working knowledge of FAR procurement regulations; CPSR requirements; and, IDA procurement practices to ensure consistent application of these requirements in the procurement of services;
  • Work closely with IDA research divisions and corporate operations directorates to provide timely, effective, efficient procurement of subcontracted services that comply with IDA procurement practices;
  • Act as the lead for corporate infrastructure subcontracts by performing market research, RFP development, procurement management, negotiation, contract award and administration;
  • Identify potential issues in corporate infrastructure subcontracts including provisions concerning intellectual property rights, copyright and confidentiality;
  • Identify potential issues in contracts/leases by providing expertise and assistance to management in the review of leases and other corporate commercial contracts, provide initial review for issues or concerns such as confidentiality; copyright; and intellectual property rights;
  • Performs other duties as assigned.

Qualifications:

  • Bachelor's degree in related field or equivalent, and seven (7) or more year's progressively responsible experience in government contracting, subcontracting and purchasing.
  • History of working with government contracts, commercial contracts and leases.
  • Demonstrated, detailed knowledge of federal government contract types, the government funding/contracting process, the Cost Accounting Standards (CAS) and the Federal Acquisition Regulations (FAR) and agency supplements.
  • Fundamental understanding of finance and accounting including government contract accounting.
  • Demonstrated knowledge of automated business systems (Costpoint/Deltek preferred).
  • Proven ability to resolve complicated government contracts and procurement issues working effectively with internal and external stakeholders.
  • Ability to communicate effectively, orally and in writing.
  • Successful completion of a criminal background check is required.

Why work at IDA?

  • Competitive salary and benefits, including diverse health insurance options, generous 10% contribution to retirement, 6 weeks 100% paid parental leave, 20 days paid time off, and relocation reimbursement.
  • Mission-oriented work at a non-profit that supports and protects our Nation's warfighters; as a non-profit, IDA employees are eligible for Public Service Loan Forgiveness (PSFL).
  • Professional development including tuition reimbursement, internal and external trainings, and funding for researcher-pitched projects and publications.
  • A strong employee and corporate culture of work-life balance, including commitment to average 40-hour work weeks through flex time, partial telework options, and expectation of communication only during core business hours.
  • Located in Alexandria's high-tech corridor, IDA's Potomac Yard facility is equipped with state-of-the-art technology, workspaces and gym.
  • Easy access to local dining and shopping, the Potomac Yard Metro stop and the Potomac Yard DASH bus stop. Employer contributes $300/month (IRS max) to commuter benefits.

Compensation

We support transparency, equity, and fairness in our compensation program and provide a reasonable estimate of the salary range based on data-driven market analysis for each position. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role is $121,284 - $194,054.  Individual salary within this range will be commensurate with the incumbent's experience, unique skills and qualifications, and other relevant factors.

Employment Type: Exempt