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Dcaa Compliance Accountant Jobs in Elgin, IL (NOW HIRING)

Dcaa Compliance Accountant information

See Elgin, IL salary details

$33.6K

$67.5K

$107.3K

How much do dcaa compliance accountant jobs pay per year?

As of May 28, 2026, the average yearly pay for dcaa compliance accountant in Elgin, IL is $67,541.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,900.00 and $77,600.00 per year, depending on experience, location, and employer.

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

To thrive as a DCAA Compliance Accountant, you need expertise in government contract accounting, knowledge of FAR/DFARS regulations, and a relevant accounting degree or certification such as CPA. Familiarity with accounting software like Deltek Costpoint and experience with audit and compliance systems are typically required. Attention to detail, analytical thinking, and strong communication skills help ensure accurate reporting and effective collaboration with auditors and management. These skills are crucial for maintaining regulatory compliance, supporting successful audits, and safeguarding an organization's eligibility for government contracts.

What are some common challenges faced by DCAA Compliance Accountants, and how can they be addressed?

DCAA Compliance Accountants often face challenges such as staying up-to-date with evolving government regulations, preparing for audits, and ensuring meticulous documentation. Navigating complex cost accounting standards and maintaining clear, accurate records are essential for passing DCAA audits and avoiding costly compliance issues. Proactively communicating with project managers and frequently reviewing internal controls can help address these challenges, ensuring ongoing readiness and reducing audit risks.

What are DCAA Compliance Accountants?

DCAA Compliance Accountants are professionals who ensure that a company's accounting systems and financial practices meet the standards set by the Defense Contract Audit Agency (DCAA). They work primarily with organizations that have contracts with the U.S. Department of Defense or other federal agencies. Their responsibilities include preparing for DCAA audits, implementing compliant accounting systems, reviewing cost structures, and ensuring accurate and transparent financial reporting. Their expertise helps companies avoid penalties and maintain eligibility for government contracts.

What is the difference between Dcaa Compliance Accountant vs Contract Financial Analyst?

AspectDcaa Compliance AccountantContract Financial Analyst
CertificationsCPA, CDFM often preferredCPA, CFA beneficial but not mandatory
Work EnvironmentGovernment agencies, defense contractorsPrivate sector, consulting firms
Primary FocusEnsuring compliance with DCAA regulationsAnalyzing contract financial data for project profitability
Industry UsageDefense, government contractingVarious industries including defense and commercial

The Dcaa Compliance Accountant primarily focuses on ensuring adherence to DCAA regulations within government contracting environments, often requiring specific certifications like CPA or CDFM. In contrast, a Contract Financial Analyst analyzes financial data related to contracts to assess profitability and financial health, typically working in private sector firms. While both roles involve financial analysis, the Dcaa Compliance Accountant emphasizes compliance and regulatory standards, whereas the Contract Financial Analyst concentrates on financial performance and analysis.

What are popular job titles related to Dcaa Compliance Accountant jobs in Elgin, IL? For Dcaa Compliance Accountant jobs in Elgin, IL, the most frequently searched job titles are:
What job categories do people searching Dcaa Compliance Accountant jobs in Elgin, IL look for? The top searched job categories for Dcaa Compliance Accountant jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Dcaa Compliance Accountant jobs? Cities near Elgin, IL with the most Dcaa Compliance Accountant job openings:
Sr Finance Manager - Government Accounting

Sr Finance Manager - Government Accounting

GE Aerospace

Arlington Heights, IL • Hybrid

$137K - $183K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


GE Aerospace rating

8.8

Company rating: 8.8 out of 10

Based on 169 frontline employees who took The Breakroom Quiz

5th of 59 rated aerospace companies


Job description

Job Description Summary

The Senior Government Accounting Manager is a key member of the Corporate team within GE Aerospace Corporate. This position is the subject matter expert responsible for Corporate government submissions, including Forward Pricing and Incurred Cost. In addition, this Senior Manager will assist with Home Office Disclosure Statement as well as internal special projects as needed. The role is also responsible for providing leadership in the area of maintaining compliance with the Cost Accounting Standards (CAS) and Federal Acquisition Regulations (FAR). The Senior Government Accounting Manager is also responsible for maintaining critical relationships with Defense Contract Management Agency (DCMA) and Defense Contract Audit Agency (DCAA) personnel. The role will have frequent contact with GE Aerospace Controllership, Technology & Operations, Digital Technology, and business stakeholders. Finally, the Senior Government Accounting Manager will ensure harmonization with the wider Government Accounting team to achieve team and business compliance objectives.

Job Description

Roles and Responsibilities

  • The Senior Government Accounting Manager will play a critical role to ensure GE Aerospace is compliant with the FAR/CAS and internal policies and procedures:
  • Establish and refine GE Aerospace CHO strategy for cost recovery and disclosed accounting practices to ensure compliance and optimize processes and outcome.
  • Support, coordinate, and negotiate Corporate Home Office Forward Pricing, Incurred Cost Submissions and related audits
  • Maintain and update Disclosure Statements and support related audits.
  • Assess highly technical CAS compliance scenarios including alleged non-compliances. Assist the business in assessing impacts and identifying resolution strategies.
  • Enhance business processes and ensure they are compliant with the CAS and support the requirements in the FAR, Department of Defense supplement (DFARS), and other applicable acquisition regulations and guidance.
  • Work collaboratively with external government audit partners and internal representatives to support government and internal audits.
  • Personally lead or support lean transformation efforts to eliminate waste, improve transparency, establish standard work, and enhance the value the team brings to the business.
  • Thrive in a culture of continuous learning with team members to deepen domain expertise, enhance overall business acumen, and prepare for additional responsibility.
  • Drive a culture of compliance that focuses on clear communication of requirements to all stakeholders from individual contributors to senior leadership.

Required Qualifications

  • Master's degree from an accredited university or college (or a high school diploma / GED with at least 6 years of experience in Accounting, Finance, Business or related field}
  • Significant related experience at a major defense contractor, DCMA, or DCAA

Desired Characteristics

  • Deep domain expertise in Government Accounting with significant practical experience with Cost Accounting Standards, CASB Disclosure Statement, Forward Pricing, and Incurred Cost at a CAS 403 Corporate Home Office
  • Significant experience interacting with senior DCMA (ACO, DACO, CACO) and DCAA (supervisory auditor, Branch Manager, Regional Audit Manager) staff.
  • Strong cost accounting background related to US Government contracting.
  • Strong oral and written communication skills. Able to tailor communications to the needs of the audience.
  • Ability to apply lean principles in a transactional setting with an emphasis on root cause analysis, countermeasure development, and sustained change control.
  • Demonstrated ability to lead projects / programs. Strategic thinker; ability to document, plan and execute projects. Established project management skills.
  • Able to balance strategic planning and initiatives required to enable continuous process improvement with the need to execute on tactical priorities in a resource constrained environment.
  • Comfortable working in an environment of ambiguity and changing priorities driven by customer requirements and external forces.

The base pay range for this position is $137,000.00 - 183,000.00 USD Annually. The specific pay offered may be influenced by a variety of factors, including the candidate's experience, education, and skill set. This position is also eligible for an annual discretionary bonus based on a percentage of your base salary. This posting is expected to close on 4/6/26.

GE Aerospace offers comprehensive benefits and programs to support your health and, along with programs like HealthAhead, your physical, emotional, financial and social wellbeing. Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach from GE Aerospace; and the Employee Assistance Program, which provides 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Aerospace Retirement Savings Plan, a 401(k) savings plan with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness. ?

GE Aerospace (General Electric Company or the Company) and its affiliates each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.

This role requires access to U.S. export-controlled information. Therefore, employment will be contingent upon the ability to prove that you meet the status of a U.S. Person as one of the following: U.S. lawful permanent resident, U.S. Citizen, have been granted asylee or refugee status (i.e., a protected individual under the Immigration and Naturalization Act, 8 U.S.C. 1324b(a)(3)).

Additional Information

GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunity Employer (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf) . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Aerospace will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No

#LI-Remote - This is a remote position

GE Aerospace is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.


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