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Contract Accounting Jobs in Woonsocket, RI (NOW HIRING)

Merlin Labs

Director, Assistant Controller

Boston, MA · On-site

Government Contract Accounting * Oversee cost accounting practices in compliance with the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and Cost ...

Stellaromics, Inc.

Accounting Manager

Boston, MA · On-site

$100K - $130K/yr

... and contract manufacturing sites • Assess and record excess and obsolete inventory reserves ... accounting experience • Strong technical accounting fundamentals: accruals, prepaids ...

Robert Half

Accounting Assistant - Inventory

Warwick, RI · On-site

$21.85 - $25.30/hr

We are looking for a detail-oriented Accounting Assistant - Inventory to support vehicle inventory ... This is a Contract position focused on maintaining accurate financial records, coordinating ...

New

CTS Corporation

Plant Controller, Cranston

Cranston, RI · On-site

$104K - $130K/yr

Support internal and external audits related to revenue recognition, contract accounting, and program financial performance. Operational Performance Management * Develop and monitor KPIs that measure ...

CTS Corporation

Plant Controller, Cranston

Cranston, RI · On-site

$104K - $130K/yr

Support internal and external audits related to revenue recognition, contract accounting, and program financial performance. Operational Performance Management * Develop and monitor KPIs that measure ...

Mwe

Accounting & Finance Systems Manager

Boston, MA · On-site

Support and continuously improve the firm's Contract-to-Cash enabling systems and functions ... Partner with Accounting and IT stakeholders to define and maintain the Contract-to-Cash roadmap ...

Stark Tech

Contract Administrator

Canton, MA · On-site

$75K - $113K/yr

Knowledge of contract law, accounting principles and finance required. * Job costing and work in process knowledge required. * Construction background, project management, ERP experience and Sales ...

Stark Tech

Contract Administrator

Canton, MA · On-site

$75K - $94K/yr

Knowledge of contract law, accounting principles and finance required. * Job costing and work in process knowledge required. * Construction background, project management, ERP experience and Sales ...

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All JobsContract Accounting JobsContract Accounting Jobs in Woonsocket, RI

Contract Accounting information

See Woonsocket, RI salary details

$10

$34

$91

How much do contract accounting jobs pay per hour?

As of Aug 31, 2026, the average hourly pay for contract accounting in Woonsocket, RI is $34.58, according to ZipRecruiter salary data. Most workers in this role earn between $20.29 and $35.00 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 Woonsocket, RI?

The most popular types of Accounting jobs in Woonsocket, RI are:

What job categories do people searching Contract Accounting jobs in Woonsocket, RI look for?

The top searched job categories for Contract Accounting jobs in Woonsocket, RI are:

What cities near Woonsocket, RI are hiring for Contract Accounting jobs?

Cities near Woonsocket, RI with the most Contract Accounting job openings:

Contract Accounting jobs near you

Director, Assistant Controller

Merlin Labs

Boston, MA • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 6 days ago

Job description

About Merlin:
Merlin (NASDAQ: MRLN) is a publicly traded aerospace and defense company building a non-human pilot to deliver full-stack autonomy for any aircraft from takeoff to touchdown. The Merlin Pilot autonomy system powers a growing range of aircraft and mission profiles and has been proven through hundreds of autonomous flights from Merlin's global flight test facilities, including Kerikeri, New Zealand; Quonset Point, Rhode Island; and soon, Bedford, Massachusetts. Headquartered in Boston, Merlin is expanding its organization to accelerate the development and deployment of its autonomy platform, helping customers solve some of aviation's most pressing challenges, from pilot shortages to improving flight safety. Backed by some of the world's leading investors prior to its public listing, Merlin continues to advance the certification and commercialization of autonomous flight across commercial and defense aviation. 

About You: 

The Assistant Controller plays a critical role in the financial operations of Merlin, supporting the Corporate Controller in managing all aspects of accounting, financial reporting, internal controls, and compliance for a publicly traded government defense contractor. This position requires deep expertise in government contract accounting, SEC reporting obligations, and the unique regulatory environment governing defense industry finance. The Assistant Controller will lead a team of accounting professionals and serve as a key liaison between finance, program management, contracts administration, and external auditors.

Responsibilities:

Financial Reporting & SEC Compliance

  • Assist in the preparation of quarterly (10-Q) and annual (10-K) reports filed with the Securities and Exchange Commission (SEC) in compliance with U.S. GAAP and PCAOB standards.

  • Support Sarbanes-Oxley (SOX) Section 404 compliance, including documentation, testing, and remediation of internal controls over financial reporting (ICFR).

  • Coordinate with external auditors (Big 4 or national firm) during quarterly reviews and annual audits.

  • Prepare and review financial statements, footnotes, and MD&A disclosures for accuracy and completeness.

Government Contract Accounting

  • Oversee cost accounting practices in compliance with the Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and Cost Accounting Standards (CAS).

  • Manage the preparation and submission of government-required financial reports, including DCAA audits, incurred cost submissions (ICS), and forward pricing rate proposals (FPRPs).

  • Monitor and maintain compliance with contract-specific accounting requirements, including time-and-materials (T&M), cost-plus-fixed-fee (CPFF), firm-fixed-price (FFP), and other contract types.

  • Support the Earned Value Management (EVM) reporting process for applicable government programs.

General Accounting & Close Process

  • Oversee the monthly, quarterly, and annual financial close process, ensuring accuracy and timeliness of all journal entries, account reconciliations, and financial statements.

  • Manage indirect cost pools, allocation methodologies, and overhead rate calculations in compliance with CAS and FAR.

  • Supervise revenue recognition under ASC 606, including over-time recognition methodology for long-term government contracts.

  • Maintain and strengthen the company's chart of accounts and general ledger integrity.

Internal Controls & Process Improvement

  • Design, implement, and monitor effective internal control procedures in accordance with COSO framework and SOX requirements.

  • Identify opportunities to streamline accounting processes and improve the efficiency and accuracy of financial operations.

  • Develop and maintain accounting policies and procedures documentation.

Equity Administration

  • Oversee the accounting and administration of the company's equity compensation programs, including stock options, restricted stock units (RSUs), and the Employee Stock Purchase Plan (ESPP).

  • Ensure accurate recording of stock-based compensation expense in accordance with ASC 718, including fair value determination, vesting schedules, and forfeiture rate assumptions.

  • Coordinate with the company's equity plan administrator and transfer agent to maintain accurate cap table records and equity award activity.

  • Prepare equity-related financial statement disclosures and footnotes for SEC filings, including 10-K and 10-Q reports.

  • Partner with Legal, HR, and Tax to administer Section 16 reporting obligations, Rule 10b5-1 trading plans, and insider trading policy compliance.

  • Monitor and account for dilutive securities and ensure accurate earnings per share (EPS) calculations under ASC 260.

Payroll Oversight

  • Oversee the company's payroll function, ensuring accurate and timely processing of multi-state payroll for all employees, including salaried, hourly, and contract labor populations.

  • Ensure compliance with federal, state, and local payroll tax regulations, including proper withholding, remittance, and year-end W-2 and 1099 reporting.

  • Maintain payroll controls and procedures that satisfy SOX internal control requirements and DCAA labor charging standards.

  • Coordinate with Human Resources on compensation changes, benefits deductions, leave accruals, and onboarding/offboarding processes to ensure payroll accuracy.

  • Review and approve payroll journal entries, reconcile payroll liability accounts, and ensure proper allocation of labor costs to government contract cost pools and direct/indirect categories.

  • Manage relationships with third-party payroll service providers and ensure system integrations with the ERP and time-tracking platforms are functioning accurately.

Team Leadership & Cross-Functional Collaboration

  • Supervise, mentor, and develop a team of accounting professionals including Senior Accountants and Staff Accountants.

  • Partner with Program Managers, Contracts Administration, Legal, and Finance to ensure accurate project-level financial reporting and forecasting.

  • Support the CFO and Corporate Controller in special projects, M&A due diligence, and strategic financial initiatives.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field.

  • CPA license required (active and in good standing).

  • Minimum 7 years of progressive accounting experience

  • Demonstrated experience with FAR, DFARS, CAS, and DCAA audit processes.

  • Strong working knowledge of U.S. GAAP, SEC reporting requirements, and SOX compliance.

  • Experience with revenue recognition under ASC 606 for long-term contracts.

  • Proficiency with ERP systems (Deltek Costpoint, SAP, or similar government contracting ERP strongly preferred).

  • U.S. citizenship required (per government contract obligations).

Nice to Have:

  • Master's degree in Accounting or Business Administration (MBA).

  • Experience at a Big 4 or national public accounting firm with a defense/government practice.

  • Experience in a defense, aerospace, or government contracting environment.

  • Familiarity with Earned Value Management (EVM) and EVMS compliance.

  • Experience supporting IPO, secondary offerings, or public company transitions.

  • Knowledge of AI/software development project cost accounting and R&D capitalization under ASC 350-40.

$220,000 - $290,000 a year

The compensation range provided is a good-faith estimate based on a wide range of factors, inclusive of base salary only. The actual offer will be determined by a variety of factors including the candidate's qualifications, skills, experience, education, and training. Highly competitive equity grants are considered part of Merlin's total compensation package. Additionally, Merlin offers top-tier benefits for full-time employees.

This position is based on-site at Merlin HQ in Boston, MA.
 
Once you're here, you'll enjoy a variety of on-site perks designed to make your workday enjoyable and convenient. These include catered lunches featuring a rotating menu of delicious options, an assortment of snacks to keep you fueled throughout the day, and a selection of beverages, including coffee, tea, and other drinks, to keep you refreshed.
 
Our goal is to create an environment where you can thrive both professionally and personally
 
Merlin Labs offers an innovative, entrepreneurial, and team-focused startup environment. We also offer a top-notch benefits package (health, dental, life, unlimited vacation, and 401k with match) and work/life integration. Being part of the Merlin team allows you to become part of a small team that supports professional development while working together to achieve our mission.
 
Merlin Labs is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, genetic information, sex (including pregnancy), gender, gender identity and expression, sexual orientation, age, marital status, military service or obligation or disability status, or any other characteristic protected by law. All job offers are contingent upon the candidate passing background and reference checks.
 
At this time, we are unable to provide visa sponsorship or consider candidates who require visa transfers. Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future. 
 
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
 
If you require reasonable accommodation in completing an application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to: [email protected]
 
Merlin Labs does not accept unsolicited resumes from any source other than directly from candidates.
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