SENIOR ACCOUNTANT

Job Summary

The Senior Accountant is responsible for performing and overseeing a broad range of accounting activities for a privately held government contracting company. The position will support the Company’s monthly and year-end financial close processes, financial reporting, account reconciliations, general ledger activities, and compliance with U.S. Generally Accepted Accounting Principles (GAAP) and applicable government contracting accounting requirements.

The successful candidate will have a strong foundation in accounting, excellent attention to detail, and the ability to apply accounting principles to practical business situations. Experience in a government contracting environment is highly desirable, particularly experience with cost accounting, indirect rates, contract accounting, and the Federal Acquisition Regulation (FAR).

The Senior Accountant will work closely with the Chief of Accounting and Taxes, program management, contracts, accounts payable, accounts receivable, payroll, and other members of the Accounting and Finance team.
As with any position, additional expectations exist. Some of these are, but are not limited to, adhering to normal working hours, meeting deadlines, following company policies as outlined by the Employee Handbook, communicating regularly with assigned supervisor, and staying focused on the assigned tasks.
Responsibilities
General Accounting and Financial Reporting

- Perform monthly, quarterly, and annual general ledger close activities.

- Prepare and review journal entries, account reconciliations, accruals, prepaid expenses, fixed assets, and other balance sheet accounts.

- Analyze general ledger accounts and investigate unusual or unexpected transactions.

- Prepare monthly financial statements and supporting schedules in accordance with GAAP.

- Assist with preparation of financial reporting packages for management.

- Maintain accurate and complete accounting records and supporting documentation.

- Identify accounting issues and recommend appropriate solutions to the Controller or CFO.

- Assist with implementation and documentation of accounting policies and procedures.

- Assist with year-end close and preparation for the Company’s financial statement audit, tax return, and other external reporting requirements.

Government Contracting Accounting

- Apply accounting principles and Company policies to transactions arising from government contracts.

- Assist with accounting for direct and indirect costs associated with government contracts.

- Understand the distinction between direct and indirect costs and ensure costs are properly classified.

- Assist with preparation and maintenance of indirect cost pools, allocation bases, and indirect rate calculations.

- Assist with analysis of labor, fringe, overhead, and general and administrative costs.

- Support preparation of government contract cost reports and other contract-related financial information.

- Assist with monitoring accounting compliance with applicable FAR and Cost Accounting Standards requirements, as applicable.

- Maintain appropriate documentation supporting costs charged to government contracts.

- Assist with identifying potentially unallowable or non-reimbursable costs and ensuring appropriate accounting treatment.

- Support audits and reviews by government agencies, DCAA, independent auditors, and other external parties, as applicable.

Payroll and Labor Accounting

- Reconcile payroll-related general ledger accounts.

- Review labor-related accounting entries and investigate discrepancies.

- Assist with reconciliation of payroll, benefits, taxes, and related accruals.

- Coordinate with Human Resources and payroll personnel regarding accounting issues.

Internal Controls and Compliance

- Maintain and follow established accounting policies, procedures, and internal controls.

- Identify opportunities to improve accounting processes and strengthen internal controls.

- Assist with documentati