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Contract Management Accountant Jobs (NOW HIRING)

Duties Description Develop and negotiate contracts awarded pursuant to Invitation for Bid (IFB ... accounting, finance, or business. Minimum qualifications must be met by the closing date of the ...

Contract Manager

Hubbard, TX

$77K - $103K/yr

Contract Manager Location: Hubbard, TX (onsite) Role Summary The Project Contract Manager serves as ... in Construction Management, Engineering, Business Administration, Finance, Accounting, Legal ...

Contract Manager

Oklaunion, TX

$71K - $95K/yr

Position: Contract Manager Location: Oklaunion, TX (onsite) Role Summary The Project Contract ... in Construction Management, Engineering, Business Administration, Finance, Accounting, Legal ...

Contract Manager

Waco, TX · On-site

$79K - $105K/yr

Contract Manager Location: Hubbard, TX (onsite) Role Summary The Project Contract Manager serves as ... in Construction Management, Engineering, Business Administration, Finance, Accounting, Legal ...

Contract Manager

Houston, TX · On-site +1

$85K - $113K/yr

Work closely with finance and accounting departments to track contract expenditure and ensure budgetary compliance. Prepare detailed written reports for management review, summarizing contract ...

Contract Manager

Oklaunion, TX · On-site

$71K - $95K/yr

Position: Contract Manager Location: Oklaunion, TX (onsite) Role Summary The Project Contract ... in Construction Management, Engineering, Business Administration, Finance, Accounting, Legal ...

Staff Accountant

Atlanta, GA · On-site

$65K/yr

Director of Grants, Contracts, and Financial Strategy Compensation: $65,000 / year Description We need a detail-oriented and proactive Staff Accountant to help manage our financial records, assist ...

Contract Modeling Analyst

Brentwood, TN · On-site

$65K - $79K/yr

Epic Patient Accounting system, Nthrive Contract Management, and SAP Business Objects experience, preferred. Knowledge, Skills & Abilities: * Ability to plan and accomplish goals with the ability to ...

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Contract Management Accountant information

See salary details

$33.5K

$67.9K

$100K

How much do contract management accountant jobs pay per year?

As of Jul 24, 2026, the average yearly pay for contract management accountant in the United States is $67,919.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,000.00 and $75,500.00 per year, depending on experience, location, and employer.

What are Contract Management Accountants?

Contract Management Accountants are professionals who oversee the financial aspects of contracts within an organization. They ensure that contract terms are financially viable, track revenues and expenses related to contracts, and ensure compliance with accounting standards and legal requirements. Their role often involves preparing financial reports, analyzing contract performance, and coordinating with legal and procurement teams to manage risks and maximize profitability. They play a vital part in both the negotiation and ongoing management of contracts.

What is the highest paid type of accountant?

Financial managers and senior corporate accountants tend to be among the highest paid accounting roles, often earning higher salaries than contract management accountants. Specialized roles such as forensic accountants or those with certifications like CPA or CMA can also command higher compensation. Salary levels depend on experience, industry, and location.

What are the key skills and qualifications needed to thrive as a Contract Management Accountant, and why are they important?

To thrive as a Contract Management Accountant, you need strong analytical skills, a solid understanding of accounting principles, and experience with contract compliance, typically supported by a bachelor's degree in accounting or finance. Familiarity with ERP systems such as SAP or Oracle, and certifications like CPA or CMA, are highly valued. Attention to detail, strong organizational abilities, and effective communication are crucial soft skills for managing multiple contracts and liaising with stakeholders. These competencies ensure accurate financial management, risk mitigation, and regulatory compliance in contract-related accounting processes.

How does a Contract Management Accountant typically collaborate with project managers and legal teams?

A Contract Management Accountant works closely with project managers to monitor contract budgets, track expenditures, and ensure financial compliance throughout the project lifecycle. Regular collaboration with legal teams is also essential to review contract terms, identify potential financial risks, and ensure that billing and revenue recognition align with contractual obligations. Effective communication and proactive problem-solving are key, as the role often requires resolving discrepancies and facilitating smooth contract execution between departments.

Can you make $500,000 a year as an accountant?

Contract Management Accountants typically earn between $60,000 and $120,000 annually, depending on experience, location, and industry. Earning $500,000 a year is uncommon for this role and usually requires senior-level positions, extensive experience, or additional responsibilities such as financial leadership or consulting roles.

What is a contract accountant?

A contract management accountant is a finance professional responsible for overseeing financial aspects of contracts, including budgeting, compliance, and financial reporting. They often work on temporary or project-based assignments and use accounting software to ensure accurate financial management within contractual agreements.

Can you make $100,000 as an accountant?

Contract Management Accountants can earn $100,000 or more annually, especially with experience, certifications like CPA or CMA, and in senior or specialized roles. Salaries vary based on industry, location, and company size, with some professionals reaching higher compensation through advanced skills and responsibilities.

What is the difference between Contract Management Accountant vs Cost Accountant?

AspectContract Management AccountantCost Accountant
Required CredentialsAccounting degree, CPA or CMA, industry-specific certificationsAccounting degree, CPA or CMA, industry-specific certifications
Work EnvironmentProject-based, contract-focused, often in consulting or project firmsManufacturing, production, or service industries focusing on cost control
Employer & Industry UsageConstruction, engineering, consulting firmsManufacturing, logistics, and production companies

The Contract Management Accountant and Cost Accountant roles share similar accounting credentials and certifications. However, the Contract Management Accountant primarily focuses on managing financial aspects of contracts and projects, often in consulting or project-based environments. In contrast, the Cost Accountant concentrates on analyzing and controlling production costs within manufacturing or industrial settings. Both roles require strong analytical skills but serve different industry needs and work environments.

More about Contract Management Accountant jobs
What cities are hiring for Contract Management Accountant jobs? Cities with the most Contract Management Accountant job openings:
What are the most commonly searched types of Management Accountant jobs? The most popular types of Management Accountant jobs are:
What states have the most Contract Management Accountant jobs? States with the most job openings for Contract Management Accountant jobs include:
What job categories do people searching Contract Management Accountant jobs look for? The top searched job categories for Contract Management Accountant jobs are:
Infographic showing various Contract Management Accountant job openings in the United States as of July 2026, with employment types broken down into 1% Locum Tenens, 84% Full Time, 8% Part Time, 1% Temporary, 1% Contract, and 5% Nights. Highlights an 87% Physical, 8% Hybrid, and 5% Remote job distribution, with an average salary of $67,919 per year, or $32.7 per hour.
Grants and Contracts Accountant

Grants and Contracts Accountant

Furman University

Greenville, SC • On-site

Full-time

Posted 23 days ago


Furman University rating

6.9

Company rating: 6.9 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

416th of 560 rated colleges and universities


Job description

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Job Title:
Grants and Contracts Accountant
Job Family:
Professionals
Full-Time/Part-Time:
Full time
Compensation Grade:
7S
Pay Type:
Salary
Department:
Financial Services
Job Summary:
The Grants and Contracts Accountant is an integral part of Furman University's Finance and Administration Division and is responsible for managing the financial administration of externally funded grants and contracts while ensuring compliance with university, sponsor, and governmental regulations. The Grants and Contracts Accountant is responsible for the accounting, monitoring, reporting, and compliance activities related to sponsored research grants, contracts, and other special funding sources. This position works closely with the Grants office, principal investigators (PIs), department administrators, and external funding agencies to ensure proper financial stewardship of awarded funds.
Job Description:
Responsibilities:
Grant and Contract Management
  • Monitor financial activity for federal, state, local, and private grants and contracts.
  • Review expenditures to ensure allowability, allocability, reasonableness, and compliance with sponsor requirements.
  • Establish and maintain grant and contract accounts within the university's Workday system.
  • Reconcile grant and contract accounts on a regular basis based on requirements.
  • Track grant budgets and expenditures to prevent overspending or fund deficits. Communication with PIs and departments when overspending occurs.
  • Recording of receivables and deferred revenue at year-end, providing detailed listings by grant that make up each total for year-end schedules.

Financial Reporting
  • Prepare and submit financial reports required by sponsoring agencies.
  • Generate monthly, quarterly, and annual reporting for grant-funded projects in conjunction with preparing invoices for each sponsor and related documentation requirements.
  • Assist departments and principal investigators with budget monitoring and financial analysis.
  • Prepare reports for university leadership regarding sponsored programs.
  • Prepare annual SEFA-Schedule of Expenditures of Federal Awards.

Compliance and Audit Support
  • Ensure compliance with federal regulations, including Uniform Guidance (2 CFR Part 200), sponsor requirements, and university policies.
  • Assist with internal and external audits of grants, including the Single Audit, Research & Development cluster when applicable.
  • Maintain supporting documentation and audit trails for all financial transactions.
  • Complete journal entries as needed, and grant closeout activities.
  • Overseeing and monitoring of time and effort reporting for all grants.

Budget Development and Analysis
  • Assist faculty and administrators with grant budget preparation.
  • Analyze budget variances and provide recommendations for corrective actions.
  • Ensure sub recipient monitoring analysis is performed and tracked on an annual basis, including SAM.gov debarment requirements are met.

Grant Closeout
  • Coordinate financial closeout of grants and contracts.
  • Verify that all expenses have been properly recorded and reported.
  • Prepare final financial reports and reconciliations.
  • Ensure timely return of unspent funds when required.

Collaboration and Customer Service
  • Serve as a financial resource for faculty, staff, and department administrators.
  • Provide training and guidance regarding grant accounting procedures and sponsor regulations.
  • Work closely in coordination with the Grants Office and Principal Investigators (PIs).
  • Works daily with members of Financial Services to plan, coordinate, solve problems, and present information and suggestions related to mutual goals.

Other Tasks
  • Annual preparation HERD survey
  • Prepare Indirect Cost Proposals
  • Perform physical inventory of equipment purchased with federal funds
  • Drawing down funds from government agencies and sponsors according to prepared invoices and reconciling to the General Ledger.
  • Maintain files for each grant/contract.
  • Assist the Finance team with backup and coverage for other positions as needed.
  • Assists in testing Workday related upgrades and providing training programs for university staff for new or revised processes and procedures.
  • Provides support on special projects and data analysis for the Associate Vice President of Finance, Controller, Director of Budget and Resource Management, and Director of Procurement as needed.
  • Pursues professional development opportunities to keep pace with demands for services and information, including maintaining relevant information about the department and university.
  • Completes the annual performance review process with supervisor to understand job performance expectations and department and university goals.
  • Performs other duties as assigned.

Minimum Qualifications
  • Bachelor's degree in Accounting or Finance.
  • Two to five years of accounting experience, preferably in higher education, government, nonprofit, or grant accounting.
  • Knowledge of Generally Accepted Accounting Principles (GAAP).
  • Experience with financial reporting and account reconciliations.
  • Proficiency with Excel spreadsheets including pivot tables.

Preferred Qualifications
  • Experience with sponsored research accounting in higher education.
  • Knowledge of federal grant regulations and Uniform Guidance.
  • Experience with enterprise resource planning (ERP) systems such as Workday.

Knowledge, Skills, and Abilities
  • Strong analytical and problem-solving skills.
  • Attention to detail and accuracy.
  • Ability to interpret grant agreements and sponsor regulations.
  • Strong written and verbal communication skills.
  • Ability to manage multiple deadlines and priorities.
  • Knowledge of basic principles, concepts and methodology of accounting required.
  • Ability to use independent judgment in planning and controlling non-routine activities.
  • Ability to maintain confidentiality of accounting records.
  • Advanced Excel and financial reporting skills.

Relationships
Continuous contact with members of own work unit, Financial Services, Facilities Services, Information Technology, Human Resources, President's Office, Vice Presidents, division directors, and members of other departments to exchange information and explanation of policies, procedures, regulations, acceptable practices and functions. Developing positive, collaborative working relationships is essential to the success of this position. Clear and concise communication is required to successfully fulfill job duties efficiently and effectively.
Reports To: University Controller
This position reports directly to the University Controller in the Finance and Administration department with a dotted line reporting structure to Director of Grants and Research Administration. This position will work closely with the Grants Office and receive training, direction and guidance from the Grants office. Work is performed independently except where the interpretation of law, policy, rule, complex procedure or request for exception is required.
Working Conditions
  • Work is performed under usual office conditions with long periods of working at a desk and in front of a computer screen. The Grants Accounting position will be eligible for one or two remote workdays per week after one year of service, with supervisor approval.
  • Responsible for own work. Exercises independent judgement and discretion, as it relates to the application of established University policies and procedures.
  • Routine work is performed independently, involves deadlines, interruptions and handling multiple tasks.
  • Tasks involve multiple procedures with interrelated processes or steps. Work involves choosing the appropriate option or procedure to follow and applying established rules and procedures.
  • Understanding of how workflows are structured is essential to completing work related tasks in a timely manner.
  • Errors are readily detected in the normal course of work by standard check or crosscheck.
  • Follows safety procedures consistent with an office environment. May frequently travel to other parts of the University campus, with infrequent off-campus travel.

Education Requirements:
Certification Requirements:
Job Posting End Date (if date is blank, posting is open ended):

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