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Contract Accounting Jobs in Rye Brook, NY (NOW HIRING)

Fox

Senior Accountant, Red Seat Ventures

New York, NY

$92K - $120K/yr

Work closely with sales and production teams to manage contracts and ensure proper accounting for various revenue streams (e.g., licensing, sponsorships, media sales), and prepare and deliver timely ...

fox com

Senior Accountant, Red Seat Ventures

Manhattan, NY · On-site

$100 - $125/hr

Work closely with sales and production teams to manage contracts and ensure proper accounting for various revenue streams (e.g., licensing, sponsorships, media sales), and prepare and deliver timely ...

Grassi

Audit Senior - Construction

Jericho, NY · On-site

Researching and resolving complex accounting and audit issues, including those related to joint ventures, bonding requirements, and long-term contract accounting * Collaborating with managers and ...

Grassi

Audit Senior - Construction

New York, NY

Researching and resolving complex accounting and audit issues, including those related to joint ventures, bonding requirements, and long-term contract accounting * Collaborating with managers and ...

Inizio Partners

SAP BRIM & FI-CA Consultant

New York, NY · Remote

$69 - $94/hr

Investigate and resolve billing, invoicing, payment, and contract-accounting defects. * Provide post-production support and recommend process and system improvements. * Create and maintain ...

CloudFirst

Junior Controller

Melville, NY · On-site

$90K - $100K/yr

Maintain and improve contract-level accounting support and ensure relevant contract intelligence is reflected consistently across accounting records and recurring-revenue reporting. * Investigate and ...

Webhosting

Senior Revenue Accountant

Manhattan, NY · On-site

$126K - $173K/yr

Complete contract accounting of executed customer contracts * Preparation / review of journal entries * Preparation / review of reconciliations and related financial analysis for management and ...

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All JobsContract Accounting JobsContract Accounting Jobs in Rye Brook, NY

Contract Accounting information

See Rye Brook, NY salary details

$11

$38

$101

How much do contract accounting jobs pay per hour?

As of Sep 12, 2026, the average hourly pay for contract accounting in Rye Brook, NY is $38.35, according to ZipRecruiter salary data. Most workers in this role earn between $22.50 and $38.85 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 Rye Brook, NY?

The most popular types of Accounting jobs in Rye Brook, NY are:

What cities near Rye Brook, NY are hiring for Contract Accounting jobs?

Cities near Rye Brook, NY with the most Contract Accounting job openings:

Contract Accounting jobs near you

Grants & Contracts Accountant

Manhattan, NY • On-site

Police Athletic League, Inc.
Non-Profits • 501 - 1,000 employees
Learn more about Police Athletic League, Inc.external

$65K - $70K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 9 days ago

Job description

About Us:
The Police Athletic League (or PAL) is New York City's largest independent youth development organization. We operate diverse programs from Head Start, Day Car and Universal Pre-K programs; to elementary and middle school after-school programs, summer day camps and summer Playstreets. We run evening teen centers and college readiness programs, as well as youth employment and juvenile justice programs. In its over a century of service, PAL is continuing its evolution and remains a vibrant and vital New York City institution.
Position Summary
The Grants & Contracts Accountant plays a central role in the end-to-end grants management lifecycle and is responsible for the financial management of an assigned portfolio of government-funded and private awards. This role ensures that grant and contract funds are properly received, tracked, spent, reported, and closed out in compliance with funder requirements, internal policies, and applicable regulations.
Working collaboratively with internal stakeholders, the Grants & Contracts Accountant oversees invoicing, allowable cost monitoring, budget maintenance, grant and contract audit readiness, and financial reporting across a portfolio of government expense reimbursement and private awards.
This position is critical to helping PAL maximize funding, avoid disallowed costs, and demonstrate strong stewardship of public and private resources.
Essential Duties and Responsibilities
  • Manage the full financial lifecycle of an assigned portfolio of government and private awards, including budget monitoring, invoicing, reporting, compliance, and closeout.
  • Enter initial award budgets in funder portals and manage the submission process through budget approval.
  • Prepare and submit invoices and required financial reports accurately and within funder deadlines, and in alignment with the department's monthly close schedule.
  • Establish and maintain effective tracking systems and workflows to support timely billing, reporting, compliance, and other grants management requirements.
  • Monitor spending against approved budgets, analyze overages and underspending, forecast potential shortfalls or surpluses, and support the development of mitigation plans.
  • Prepare, initiate, and track budget modifications and other funding changes in a timely manner in collaboration with the Grants & Contracts Senior Accountant.
  • Maintain current and accurate financial records and internal documentation for each assigned award.
  • Collaborate with the Accounting team to reconcile general ledger activity to contract billing and invoicing and identify and resolve misallocations or disallowed expenses.
  • Ensure compliance with all applicable funder requirements, financial regulations, and reporting obligations, including M/WBE reporting where applicable.
  • Support agency-wide, funder-specific, desk, and Single Audit processes by preparing documentation and responding to audit requests.
  • Attend and contribute to monthly and quarterly budget meetings to review financial performance, identify issues, and support strategic decision-making related to grant spending.
  • Escalate financial or compliance issues in a timely manner and follow through to resolution in coordination with internal stakeholders.
  • Support monitoring of time and effort allocations across multiple projects and departments.
  • Support year-end and award closeout activities to maximize use of available funding and ensure proper financial completion of awards.
  • Partner with the Budget & Contracts Manager on process improvements and change management efforts to strengthen grants compliance, reporting, and fiscal oversight.
  • Perform other duties as assigned and deemed necessary for the successful fulfillment of the role.

Minimum Qualifications
  • Bachelor's degree in Accounting, Finance, Business Management, or a related field is preferred.
  • Minimum of three (3) years of government grants accounting experience in a nonprofit environment is preferred.
  • Knowledge of nonprofit accounting principles and practices is preferred.
  • Familiarity with Single Audit requirements is preferred.
  • Strong attention to detail and organization, with the ability to manage multiple priorities in a fast-paced environment.
  • Excellent interpersonal, verbal, and written communication skills.
  • Self-motivated and proactive, with the ability to work independently and collaboratively.

Technical Qualifications
  • Proficiency in Blackbaud Financial Edge NXT is preferred.
  • Proficiency in Microsoft Excel and Microsoft Word is preferred.
  • Familiarity with NYC PASSPORT is preferred.

Work Schedule
This is a full-time, exempt position with a hybrid work schedule. Employees are expected to work three days remotely and two days in the office (Wednesdays and Thursdays). The work schedule may be modified at the discretion of the organization based on operational needs.
Compensation
Salary Range: $65,000 - $70,000 annually, commensurate with experience and qualifications.
This position is eligible for PAL's comprehensive benefits package, including medical, dental, vision, retirement, paid time off, and other benefits in accordance with organizational policies.
Equal Opportunity Employer Statement:
At the Police Athletic League, we seek people who are talented, creative and passionate to help create a more inclusive city and better futures for our youth. We're devoted to empowering communities and building the best places to work, and that goes for our own teams too.
The Police Athletic League is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected characteristic including, but not limited to, an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy
Employment with PAL is contingent upon successful completion of all the Agency's lawful pre-employment checks, which may include a background check.

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