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Government Contracting Accounting Jobs in Indiana

Bachelor's degree in accounting, finance, or a related field. * 5+ years of progressive accounting experience, with 2+ in government contracting. * Hands-on Unanet experience as an operator or ...

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... in Accounting, Finance, Economics or Business Administration. * At least three (3) years of professional experience * Preferred experience with DOW or Federal Government VEVRAA Federal Contractor ...

... controlled government contracting environment. The position is responsible for collecting ... Requirements * Bachelor's degree in business, finance, economics, accounting, management ...

... controlled government contracting environment. The position is responsible for collecting ... Requirements * Bachelor's degree in business, finance, economics, accounting, management ...

... controlled government contracting environment. The position is responsible for collecting ... Requirements: * Bachelor's degree in business, finance, economics, accounting, management ...

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Government Contracting Accounting information

What is government contracting accounting?

Government contracting accounting refers to the specialized field of accounting that manages and oversees the financial processes related to contracts with government agencies. This includes ensuring compliance with federal regulations, such as the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS), accurate billing, cost tracking, and audit preparedness. Professionals in this area play a crucial role in helping organizations meet government requirements, avoid penalties, and maintain eligibility for future contracts.

What are the key skills and qualifications needed to thrive in government contracting accounting?

To excel in Government Contracting Accounting, you need a solid understanding of accounting principles, federal acquisition regulations (FAR), and compliance requirements, often supported by a degree in accounting or finance. Familiarity with accounting software like Deltek Costpoint, Unanet, or SAP, as well as certifications such as CPA or CGFM, is highly valuable. Attention to detail, analytical thinking, and strong organizational skills help professionals navigate complex regulations and deadlines. These skills and qualifications are essential to ensure accurate financial reporting, regulatory compliance, and successful contract execution in a highly regulated environment.

What are some common challenges faced by accountants working in government contracting environments?

Accountants in government contracting often navigate complex regulations, such as the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS), which can require meticulous recordkeeping and reporting. Managing compliance while meeting tight deadlines and coordinating with various departments—including project management and procurement—can be demanding. Additionally, adapting to frequent changes in contract requirements and audits from federal agencies are typical challenges. However, these experiences help accountants develop specialized skills highly valued in the industry.

What is the difference between Government Contracting Accounting vs Government Bookkeeper?

AspectGovernment Contracting AccountingGovernment Bookkeeper
CredentialsAccounting certifications (e.g., CPA, CGMA), government contracting trainingBasic bookkeeping or accounting certifications, often less specialized
Work EnvironmentGovernment agencies, contractors, project-based settingsSmall businesses, government offices, administrative settings
Employer & Industry UsageUsed in government contracting firms, federal agencies, defense contractorsUsed in small government-related businesses, non-profits, administrative roles
Search & Comparison IntentUnderstanding specialized accounting for government contractsBasic bookkeeping tasks in government-related environments

Government Contracting Accounting involves specialized knowledge of federal regulations, cost principles, and contract compliance, often requiring advanced certifications. In contrast, a Government Bookkeeper handles routine financial record-keeping, focusing on data entry and basic financial reports. While both roles support government-related financial activities, Government Contracting Accounting is more complex and compliance-driven.

What are popular job titles related to Government Contracting Accounting jobs in Indiana?

For Government Contracting Accounting jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Government Contracting Accounting jobs in Indiana look for?

The top searched job categories for Government Contracting Accounting jobs in Indiana are:

What cities in Indiana are hiring for Government Contracting Accounting jobs?

Cities in Indiana with the most Government Contracting Accounting job openings:

Infographic showing various Government Contracting Accounting job openings in Indiana as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution.

Accounting Manager

TCS Govcon LLC

Bedford, IN

$120K/yr

Full-time

Posted 3 days ago

New


Job description

This is a hands-on seat, and a no-task-too-small one, from bookkeeping to controller functions; you'll enter invoices, process billing, and reconcile accounts personally, with AI agents doing the repetitive work under your supervision. You'll own and run these functions, not delegate them. If you know government-contract finance and you're genuinely excited to build, it's a rare ground-floor role reporting straight to the CEO and a path toward CFO.

WHO SUCCEEDS HERE

  • Owns the answer. You work the problem first and bring a recommendation, not a consultant invoice.

  • Technically deep and plainspoken. You can explain a G&A base change in a way that changes behavior.

  • Comfortable being the only one. There is no team above you catching mistakes. That is the job, and it is why the seat is worth having.

  • Disciplined about documentation. In govcon, the memo is the control.

  • Builder mindset, and high integrity under pressure. Rates, timekeeping, and allowability are places where shortcuts create real liability. You do not take them.

GROWTH PATH

This role is deliberately scoped above a typical Accounting Manager. The near-term objective is a self-sufficient accounting function; the medium-term objective is a finance leader. For a person who performs, the progression is Accounting Manager to Controller to CFO. Advancement is based on demonstrated results, not tenure.

Compensation:

$80,000 - $120,000 yearly


Responsibilities:

WHAT YOU'LL OWN

Accounting & Close

  • Full accounting cycle: GL, AP, AR, accruals, prepaids, fixed assets, and intercompany.

  • Month-end and year-end close on a disciplined calendar: journal entries, reconciliations, supporting schedules, and monthly financial statements, plus a combined view for ownership.

  • Payroll, including Service Contract Act and certified payroll where applicable, and multi-state payroll tax.

  • Cash management: bank reconciliations, treasury movement, and short-term cash forecasting.

Government Contract Accounting & Compliance

  • Maintain an accounting system that satisfies DCAA pre-award criteria (SF 1408): segregation of direct and indirect costs, compliant timekeeping, and unallowable cost screening under FAR Part 31.

  • Revenue recognition and billing across cost-plus, T&M, labor-hour, and firm-fixed-price contracts under ASC 606, including WAWF/PIEE invoicing and prime contractor portals, with billing reconciled to CLIN structure and funding every cycle.

  • Unbilled receivables, retainage, fee withholding, and limitation of funds and cost tracking.

  • Prepare the annual incurred cost submission (ICE model) and support the rate settlement.

  • Support DCAA and prime contractor audits, floor checks, and accounting system reviews. Be the person in the room.

Indirect Rates & Cost Pools

  • Own the rate structure: fringe, overhead, G&A, and any handling pools. Evaluate and redesign pool and base structure where warranted.

  • Calculate and submit provisional billing rates, monitor actuals monthly, and prepare true-ups before they become a year-end surprise.

  • Build forward pricing and bid rates, and support proposals with defensible rate build-ups.

Unanet Ownership

  • Internal system owner and administrator for Unanet ERP GovCon project structure, labor categories, cost pools and allocation logic, billing and revenue formulas, workflows, and user roles.

  • Own timekeeping and expense administration, including the audit trail required for compliance.

  • Reduce, then govern, the use of outside Unanet consultants. You scope, direct, and review any retained support.

AI-Enabled Operations

  • Run and supervise the AI agent workflows that handle data entry, reconciliations, invoice prep, and reporting. Certify every output before it ships. The automation does the typing; you own the result.

  • Make the model repeatable so each newly acquired entity onboards onto the same systems and workflows.

Reporting & Data Support

  • Deliver closed, reconciled monthly numbers on a reliable calendar. Ownership builds the forecasts and investor reporting; you make sure the data underneath never has to be questioned.

  • Contract-level cost and margin data (EAC inputs), backlog and funding tracking, and AI-drafted variance schedules for ownership review.


Qualifications:

REQUIRED

  • Bachelor's degree in accounting, finance, or a related field.

  • 5+ years of progressive accounting experience, with 2+ in government contracting.

  • Hands-on Unanet experience as an operator or administrator, not just a report consumer.

  • Demonstrated ownership or understanding of indirect rates: you have built or maintained fringe, overhead, and G&A pools, calculated provisional and actual rates, and can defend your pool and base decisions.

  • Working command of FAR Part 31 cost principles and DCAA accounting system expectations.

  • Experience across contract types, at minimum cost-plus and T&M.

  • Full-cycle close ownership. You have closed a set of books yourself.

  • Willingness to do the transactional work personally: AP entry, billing, reconciliations. There is no staff beneath this seat at hire.

  • Real enthusiasm for AI tools, and the discipline to verify everything before you stand behind it.

  • A record of owning compliance-critical work without errors slipping through, and discretion with sensitive financial and personnel data.

  • Advanced Excel and comfort operating without a large finance department: you build the schedule, reconcile the account, and write the memo.

PREFERRED

  • CPA or CMA, or progress toward one; FP&A exposure a plus.

  • Incurred cost submission prepared end-to-end (ICE model); DCAA audit, floor check, or system review support.

  • Unanet implementation or conversion experience; QuickBooks-to-Unanet migration a plus.

  • Experience with private equity or family office reporting cadence.

  • Proposal pricing and cost volume support; SCA health and welfare administration.


About Company

Tri-County Steel LLC (TCS) d.b.a TCS Govcon LLC, is a service-disabled veteran-owned small business located in Bedford, Indiana. We have been a trusted defense contractor supporting our industry and government partners for over 16 years, offering a wide variety of logistics, programmatic, and engineering support services.

We pride ourselves on a strong commitment to clients and a focus on quality and reliability in everything we do. Additionally, we are dedicated to the growth and development of our employees, providing opportunities for advancement and professional growth.