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Contract Closeout Jobs (NOW HIRING)

Judit Inc

Contracts Specialist

Cockeysville, MD · On-site

In this role, the Contract Closeout Specialist will work closely with contract managers, financial leaders and program teams, supporting all contractual steps required to bring contracts to formal ...

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Contract Closeout information

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$41K

$106K

$139K

How much do contract closeout jobs pay per year?

As of Jun 30, 2026, the average yearly pay for contract closeout in the United States is $106,034.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,000.00 and $119,000.00 per year, depending on experience, location, and employer.

What is a Contract Closeout job?

A Contract Closeout job involves reviewing and finalizing contracts to ensure all terms and obligations have been met before officially closing them. This process includes verifying financial records, resolving outstanding issues, and ensuring compliance with regulations. Contract Closeout specialists work with various departments, such as finance and procurement, to confirm all deliverables and payments are complete. Their role helps organizations maintain accurate records, prevent financial discrepancies, and close contracts efficiently.

What are some typical challenges faced in a Contract Closeout position?

Professionals in Contract Closeout roles often encounter challenges such as tracking down necessary documentation, reconciling discrepancies between contract records and financial data, and coordinating with multiple stakeholders across different departments. They may need to resolve outstanding issues like final payments, property disposition, or compliance matters before closing out a contract. Effective communication and persistence are essential for navigating these issues, as the process often requires following up with vendors or team members and adhering to strict deadlines. Successfully managing these challenges is key to maintaining compliance and ensuring contractual obligations are fully satisfied.

What are the key skills and qualifications needed to thrive in the Contract Closeout position, and why are they important?

To excel in a Contract Closeout role, you need a strong understanding of contract compliance, attention to detail, and experience with contract management or procurement processes, typically supported by a bachelor’s degree in business, finance, or a related field. Familiarity with government acquisition systems, ERP software, and tools like the Federal Procurement Data System (FPDS) or contract closeout modules is common. Strong organizational skills, effective communication, and problem-solving abilities are valued soft skills in this field. These qualities are crucial for ensuring contracts are closed accurately, on time, and in line with regulatory requirements.

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Contract Closeout jobs near you

Mid-level Contract Closeout Specialist (0004)

OCT Consulting, LLC

Washington, DC • On-site

$70K - $80K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago

Job description

0004 Mid-level Contract Closeout Specialist

OCT Consulting is a business management and technology consulting firm that supports Federal Government clients. We provide consulting services in the areas of Strategy, Process Improvement, Change Management, Program and Project Management, Acquisition/Procurement, and Information Technology.

Responsibilities and Duties

OCT currently has an opening for a Mid-Level Contract Close-out Specialist with five to seven (5-7) years of experience as a Contract Specialist or a Contract Close-out Specialist to work with our federal client.  Experience supporting an acquisition office in the Contract and Procurement Series, 1102 is preferred. The experience can be either as a federal government employee or as a contractor supporting a Federal or commercial acquisition office or a combination of both. Expertise in closing firm-fixed, cost-reimbursement, time and material, labor hour, or any variant to include hybrid contracts is required.

Requirements

Qualifications

  • Must be a U.S. Citizen
  • Four- year degree or equivalent experience.
  • Knowledge of the FAR.
  • Five to seven (5-7) years of de-obligation and contract closeout experience of fixed-price and cost type contracts.
  • Experience using the FAR in the de-obligation and close-out process.
  • Experience in handling an aged backlog of contracts that need to be maintained, closed out, tracked, and reported.

Benefits

OCT offers competitive compensation packages and a full suite of benefits which includes:

  • Medical, Dental, and Vision insurance
  • Retirement savings 401K plan provided by an industry leading provider with 3% employer contributions of the employee's gross salary
  • Paid Time Off and Standard Government Holidays
  • Life Insurance, Short- and Long-Term disability benefits
  • Training Benefits

Salary Range:  $70,000- 80,000 yearly commensurate with experience, education, etc.

About US

OCT Consulting LLC is a Small Business (SB) providing professional services and information technology solutions to the Federal government and commercial clients. Founded in 2013, we bring the agility of operations and a management team with a track record of leading successful engagements at major Federal government agencies.
At OCT we believe in creating a work environment where employees can thrive based on their abilities, skills, and achievements. We are dedicated to providing career growth and professional development based on individual merit and fostering a workplace where everyone's contributions are valued and recognized.

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