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Contract Accounting Jobs (NOW HIRING)

ATI

Senior Government Cost Accountant

Albany, OR · On-site

$79K - $99K/yr

Key Responsibilities Government Contract Accounting & Compliance * Maintain accounting records and financial reporting processes related to government contracts, grants, and funded programs. * Ensure ...

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MicroTech

Senior Accountant

$75K - $95K/yr

Government Contract Accounting * Ensure compliance with FAR, CAS, DCAA, and other government contracting regulations. * Monitor contract funding, indirect rates, and project costs. * Review labor ...

Posted today

Zachry Group

Project Accounting Manager I

Houston, TX · On-site

The Project Accounting Manager oversees all financial aspects of project-based work, ensuring ... Ensure proper treatment of contract types (fixed-price, time & materials, cost-plus, milestone ...

NorthPoint Search Group

Staff Accountant

Atlanta, GA · On-site

$52K - $69K/yr

Perform accounting for Service Contract & Repair operations and administer Service Contract Commissions. * Manage intercompany accounting and reporting. * Maintain internal controls to safeguard ...

Robert Half

Accounting Manager/Supervisor

Brentwood, TN · Remote

$85K - $120K/yr

This position plays a central role in applying ASC 606 guidance, overseeing monthly revenue close, and partnering with teams across the organization to support accurate contract accounting. The ...

Accountants One

Accounting Manager

Scottdale, GA · On-site

$120K - $125K/yr

Manage job costing, project profitability analysis, contract accounting, and change order tracking. * Serve as the primary accounting contact for a 50/50 joint venture, including financial reporting ...

Perfect Timing Personnel Services Accounting

$90K - $112K/yr

... contract accounting teams. Job Duties and Responsibilities: • Responsible for payroll processing on a biweekly schedule, in a third-party payroll system • Works closely with HR on payroll ...

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Ralliant

Senior Accountant

Chandler, AZ · On-site

$71K - $90K/yr

Contribute to government contract accounting and reporting, including DCAA compliance support * Prepare and submit local, state, and federal government reports and tax filings as assigned

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Contract Accounting information

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$10

$36

$95

How much do contract accounting jobs pay per hour?

As of Jul 10, 2026, the average hourly pay for contract accounting in the United States is $36.09, according to ZipRecruiter salary data. Most workers in this role earn between $21.15 and $36.54 per hour, depending on experience, location, and employer.

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 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 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 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.
More about Contract Accounting jobs
What cities are hiring for Contract Accounting jobs? Cities with the most Contract Accounting job openings:
What are the most commonly searched types of Accounting jobs? The most popular types of Accounting jobs are:
What states have the most Contract Accounting jobs? States with the most job openings for Contract Accounting jobs include:
What job categories do people searching Contract Accounting jobs look for? The top searched job categories for Contract Accounting jobs are:
Contract Accounting jobs near you
Infographic showing various Contract Accounting job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $75,062 per year, or $36.1 per hour.

Director of Accounting

Foreign Resource Development Associates

Arlington, VA • On-site

Full-time

Posted 13 days ago

Job description

Description:

Job Summary:

We are seeking a detail-oriented and experienced Director of Accounting to lead our accounting operations in a dynamic government contracting environment. The ideal candidate will have a deep understanding of federal contracting regulations, including FAR (Federal Acquisition Regulation), DCAA compliance, and Cost Accounting Standards (CAS). This role is responsible for overseeing the company’s accounting functions, ensuring compliance with government contract requirements, and supporting strategic financial planning.
This position is based at our headquarters location in Arlington, VA. Key Responsibilities:
  • Manage the day-to-day operations of the accounting department, including general ledger, accounts payable, accounts receivable, payroll, and billing.
  • Ensure timely and accurate month-end and year-end closings, financial reporting, and account reconciliations.
  • Oversee contract accounting and billing in accordance with FAR, CAS, and DCAA regulations.
  • Maintain compliance with federal, state, and local financial legal requirements.
  • Coordinate and support government audits, including DCAA incurred cost submissions and provisional billing rate proposals.
  • Develop and implement accounting policies and procedures to ensure compliance and operational efficiency.
  • Supervise and mentor a team of accountants and accounting staff.
  • Assist with budgeting, forecasting, and financial analysis to support leadership decisions.
  • Collaborate with Program Managers and Contracts to ensure proper financial tracking of contracts, modifications, and funding.
  • Work in collaboration with HR department to perform insurance audits.
  • Support the optimization of accounting and ERP systems (e.g. Deltek Costpoint).
Requirements:Minimum Qualifications:
  • Bachelor’s degree in Accounting, Finance, or related field.
  • A minimum of seven (7) years of accounting experience, with at least three (3) years in a government contracting environment.
  • Strong understanding of government contracting regulations (FAR, CAS, DCAA).
  • Strong understanding of Generally Accepted Accounting Principles (GAAP).
  • Hands-on experience with DCAA audits and submissions.
  • Experience with accounting systems used in GovCon environments (e.g. Deltek).
  • Proficient in Microsoft Excel and financial reporting tools.
  • Excellent analytical, organizational, and leadership skills.
  • Strong written and verbal communication skills.
  • Active Secret security clearance.
Preferred Qualifications:
  • MBA degree.
  • Certified Public Accountant.
  • Experience managing indirect rate structures and cost pools.
  • Familiarity with timekeeping systems and labor distribution in GovCon settings.