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Contract Accounting Jobs in Springfield, VA (NOW HIRING)

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

Sr. Accountant

Rockville, MD ยท On-site

$75K - $94K/yr

Assists in the preparation and consolidation of financial statements for a multinational corporate structure, applying US GAAP and, where applicable, government contract accounting principles (e.g ...

Contracts Manager

Alexandria, VA ยท On-site

$95K - $127K/yr

Fundamental understanding of finance and accounting including government contract accounting. * Demonstrated knowledge of automated business systems (Costpoint/Deltek preferred). * Proven ability to ...

Contracts Manager

Alexandria, VA ยท On-site

$95K - $127K/yr

Fundamental understanding of finance and accounting including government contract accounting. * Demonstrated knowledge of automated business systems (Costpoint/Deltek preferred). * Proven ability to ...

Ensure accurate accounting for government contracts, including direct and indirect costs. * Manage indirect rate calculations, allocation methodologies, and rate monitoring. * Ensure compliance with ...

Controller

Reston, VA ยท Remote

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

Controller

Reston, VA ยท On-site +1

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

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 ...

Showing results 21-40

Contract Accounting information

See Springfield, VA salary details

$11

$37

$99

How much do contract accounting jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for contract accounting in Springfield, VA is $37.69, according to ZipRecruiter salary data. Most workers in this role earn between $22.12 and $38.17 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 Springfield, VA?

The most popular types of Accounting jobs in Springfield, VA are:

What are popular job titles related to Contract Accounting jobs in Springfield, VA?

For Contract Accounting jobs in Springfield, VA, the most frequently searched job titles are:

What job categories do people searching Contract Accounting jobs in Springfield, VA look for?

The top searched job categories for Contract Accounting jobs in Springfield, VA are:

What cities near Springfield, VA are hiring for Contract Accounting jobs?

Cities near Springfield, VA with the most Contract Accounting job openings:

Infographic showing various Contract Accounting job openings in Springfield, VA as of August 2026, with employment types broken down into 82% Full Time, 9% Part Time, 2% Temporary, and 7% Contract. Highlights an 84% Physical, 7% Hybrid, and 9% Remote job distribution, with an average salary of $78,404 per year, or $37.7 per hour.

Finance and Accounting Manager

IMTAS

Reston, VA โ€ข On-site

Full-time

Re-posted 6 days ago


Job description

Description
Position Summary
IMTAS is seeking a dynamic, experienced, and forward-thinking individual to serve as the Finance and Accounting Manager. The successful candidate will oversee the entire spectrum of finance and accounting operations for a fast-paced, Federal government contracting environment. The individual will play a pivotal role in ensuring the company's financial health, regulatory compliance, operational efficiency, and strategic growth. This leadership position requires deep expertise in Federal contract accounting, strong analytical skills, proactive process ownership, and collaborative engagement with executive leadership and operational teams.
Key Responsibilities
Financial Operations Management
  • Direct and monitor all general accounting functions, including accounts receivable, accounts payable, general ledger management, and maintenance of accurate financial records in accordance with GAAP and CAS.
  • Oversee and coordinate monthly, quarterly, and year-end close processes, ensuring timely and accurate journal entries, accruals, balance sheet reconciliations, and expense allocations.
  • Ensure integrity of financial data and reporting, resolve discrepancies, and enforce effective internal controls to prevent errors and fraud; recommend and implement improvements to existing accounting systems.
  • Develop, implement, and monitor policies and procedures to optimize financial operations.

Audit, Compliance, and Reporting
  • Serve as primary point of contact for internal and external audits, prepare all audit schedules and supporting documentation.
  • Collaborate with auditors to address inquiries, explain financial schedules, and resolve any issues or variances.
  • Maintain compliance with all Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and other government-specific accounting and reporting requirements.
  • Prepare and submit periodic reports and disclosures to regulatory bodies, as required.

Payroll and Tax Administration
  • Provide oversight and review for all payroll functions to ensure timely, accurate, and compliant payroll processing, serving as backup to the Payroll Accountant when necessary.
  • Oversee all tax-related activities, including preparation, review, and submission of local, state, and federal tax filings.

Budgeting and Financial Planning
  • Lead and support the preparation, review, and monitoring of annual, divisional, and project-level budgets in collaboration with project managers and executive leadership.
  • Analyze budget performance and financial projections to support effective decision-making and resource allocation.

Proposal and Pricing Support
  • Ensure proposal pricing complies with contract and regulatory requirements and aligns with corporate objectives.
  • Provide timely and accurate cost data, indirect rates, and pricing models.

Billing and Accounts Receivable
  • Supervise and perform the preparation of customer invoices for government and commercial clients, ensuring accuracy, contract compliance, and timely submission.
  • Monitor aging accounts, conduct proactive collections outreach, and maintain strong client relationships to facilitate timely payments.

Financial Analysis and Ad Hoc Projects
  • Perform ongoing financial analysis, modeling, and reporting to identify trends, risks, and opportunities.
  • Lead or participate in special projects, including business process reengineering, ERP upgrades, acquisitions, or workflow improvements.
  • Provide financial insight and recommendations to the CEO and executive leadership.

Team Leadership and Staff Development
  • Manage, mentor, and provide ongoing training and professional development to accounting staff; establish goals, conduct performance reviews, and foster a collaborative work environment.
  • Cultivate a culture of continuous improvement, accountability, and operational excellence.

Other Duties
Participate in and/or lead cross-departmental initiatives and committees as assigned. Undertake other accounting or finance-related responsibilities, as necessary, to ensure corporate objectives are met.
Minimum Qualifications
Full-Time/Part-Time
Full-Time
Location
Reston - HQ
This position is currently accepting applications.