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Contract Accounting Jobs in Addison, IL (NOW HIRING)

Accounting Coordinator

Chicago, IL · On-site

$22.50 - $29/hr

Job Title: Accounting & Reporting Analyst Duration: 05+months Location: Chicago, IL All ... Work closely with Contract Manufacturing Managers on results and issues pertaining to co-packers as ...

Accounting Clerk

Mundelein, IL · On-site

$23.75 - $27.50/hr

We are looking for an Accounting Clerk to join a school district office in Mundelein, Illinois on a Contract basis. This position supports day-to-day accounting and administrative operations, with a ...

New

Accounting Analyst

Mettawa, IL · On-site

$70K - $90K/yr

Partner with Accounts Payable, Accounts Receivable, Billing, Contracts, and other internal teams to research and resolve accounting issues * Maintain accurate account documentation and provide ...

Accounting Analyst

Mettawa, IL · On-site

$65 - $95/hr

Partner with Accounts Payable, Accounts Receivable, Billing, Contracts, and other internal teams to research and resolve accounting issues * Maintain accurate account documentation and provide ...

Accounting Analyst

Lake Forest, IL · On-site

$60 - $85/hr

Partner with Accounts Payable, Accounts Receivable, Billing, Contracts, and other internal teams to research and resolve accounting issues * Maintain accurate account documentation and provide ...

New

Accounting Specialist

Chicago, IL · On-site

$25.34 - $29.34/hr

We are looking for an Accounting Specialist to join a service-focused organization in Chicago ... This contract opportunity with permanent potential is ideal for someone who thrives in a fast-paced ...

Posted today

Revenue Accounting Manager

Northbrook, IL · On-site

$110K - $130K/yr

Review customer contracts for revenue recognition implications and work with Sales teams, support ... Active US CPA required * Strong technical knowledge of US GAAP * Experience in software and ...

The Revenue Accounting Manager is responsible for ensuring the integrity of the Company's revenue ... UL's diverse types of revenue, the contracts that govern our services, our operational processes ...

The Revenue Accounting Manager is responsible for ensuring the integrity of the Company's revenue ... UL's diverse types of revenue, the contracts that govern our services, our operational processes ...

Manager, Revenue Accounting

Chicago, IL · On-site

$105K - $155K/yr

Lead the review of complex customer contracts across Data, AI Applications, and Diagnostics to ... Manage day-to-day revenue accounting operations, billing system integration, and research of ...

Manager, Revenue Accounting

Chicago, IL · On-site

$105K - $155K/yr

Lead the review of complex customer contracts across Data, AI Applications, and Diagnostics to ... Manage day-to-day revenue accounting operations, billing system integration, and research of ...

The Revenue Accounting Manager is responsible for ensuring the integrity of the Company's revenue ... UL's diverse types of revenue, * the contracts that govern our services, * our operational ...

Showing results 21-40

Contract Accounting information

See Addison, IL salary details

$10

$36

$95

How much do contract accounting jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for contract accounting in Addison, IL is $36.15, according to ZipRecruiter salary data. Most workers in this role earn between $21.20 and $36.59 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 Addison, IL?

The most popular types of Accounting jobs in Addison, IL are:

What job categories do people searching Contract Accounting jobs in Addison, IL look for?

The top searched job categories for Contract Accounting jobs in Addison, IL are:

What cities near Addison, IL are hiring for Contract Accounting jobs?

Cities near Addison, IL with the most Contract Accounting job openings:

Infographic showing various Contract Accounting job openings in Addison, IL as of August 2026, with employment types broken down into 85% Full Time, 10% Part Time, 1% Temporary, and 4% Contract. Highlights an 86% Physical, 7% Hybrid, and 7% Remote job distribution, with an average salary of $75,202 per year, or $36.2 per hour.

Technical Accounting Manager

3 Bridge Networks

Mundelein, IL • On-site

Other

Posted 8 days ago


Job description

We are seeking a Technical Accounting Manager to join a growing finance organization and serve as a key resource across technical accounting, revenue recognition, and SEC reporting. This person will partner closely with the Controller, FP&A, Legal, external auditors, and operational teams to evaluate complex transactions, maintain strong accounting policies, and support accurate, timely financial reporting.


This is an ideal opportunity for someone who enjoys solving complex accounting issues, translating technical guidance into practical business recommendations, and working in a fast-paced environment.


Responsibilities

  • Research, analyze, and document technical accounting matters under U.S. GAAP, including revenue recognition, business combinations, debt and equity transactions, leases, stock-based compensation, impairments, consolidations, and other non-routine transactions.
  • Lead the company’s revenue recognition accounting under ASC 606, including contract review, identification of performance obligations, standalone selling price analysis, variable consideration, contract modifications, and related disclosures.
  • Prepare and maintain technical accounting memos, accounting policies, and position papers for management and external audit review.
  • Support the preparation and review of quarterly and annual SEC filings, including Forms 10-Q and 10-K, financial statements, footnotes, MD&A support, disclosure checklists, and tie-out procedures.
  • Partner with Legal, Sales, Operations, and other cross-functional teams to assess accounting implications of new contracts, strategic initiatives, and evolving business models.
  • Assist with the implementation of new accounting standards and updates to accounting policies, internal controls, and reporting processes.
  • Support the external audit process by coordinating technical accounting analyses, responding to audit inquiries, and ensuring timely resolution of open items.
  • Help strengthen the close and reporting process through improved documentation, process enhancements, and scalable controls.
  • Monitor developments in U.S. GAAP and SEC reporting requirements and communicate the practical impact to leadership.
  • Provide technical guidance and mentorship to members of the accounting team.


Qualifications

  • Bachelor’s degree in Accounting or Finance required; CPA strongly preferred.
  • 5+ years of progressive accounting experience, ideally including a mix of public accounting and industry experience.
  • Strong knowledge of U.S. GAAP, with meaningful hands-on experience in technical accounting and revenue recognition under ASC 606.
  • Experience supporting SEC reporting and public-company financial statements preferred.
  • Ability to research complex accounting matters, develop clear conclusions, and communicate recommendations to both financial and non-financial stakeholders.
  • Strong written communication skills, including experience preparing technical accounting memos.
  • Highly organized, detail-oriented, and able to manage multiple priorities in a deadline-driven environment.
  • Advanced Excel skills and familiarity with ERP and reporting systems.


What We’re Looking For

The successful candidate will be both technically strong and commercially minded. You should be comfortable digging into complex accounting questions while also understanding the operational realities of the business. This person will play an important role in helping the finance function scale, improve reporting processes, and maintain a high standard of financial integrity.