Cost Accountant

Cost Accountant - Government Contracting

Location: Huntsville, AL

Position Status: Full Time

Work Schedule: Regular hours are Monday - Friday between the hours of 8:00 am - 4:30 pm. Employees may need to adjust work hours during surge situations. Alternate work schedule (9/8-80) is available after 90 days.

Summary:

We are seeking a highly analytical, detail-oriented Cost Accounting/Project Controls professional to lead key financial reconciliation, project oversight, and cost management activities. This role is central to ensuring accurate financial operations, maintaining compliance with federal regulations (FAR, DFARS, CAS), and delivering insightful project cost reporting. The ideal candidate brings deep experience in Deltek Costpoint, advanced knowledge of government contracting structures (T&M, CPFF, FFP), and a track record of managing project budgets, indirect cost allocation, and audit readiness.

Core Responsibilities:

Financial & Cost Reconciliation

• Reconcile historical transactions and subledgers with the general ledger across multiple years.
• Analyze large data sets to identify discrepancies and resolve inconsistencies in financial records.
• Prepare adjusting entries and support the development of audit-ready documentation.
• Partner with internal departments to resolve aged transactions and validate historical entries.

🔹 Project Controls & Cost Accounting

• Lead the setup, maintenance, and monitoring of project accounts in Deltek Costpoint.
• Develop and manage project budgets aligned with contract terms and indirect rate structures.
• Track project performance, analyze direct/indirect costs, and prepare forecasts and variance reports.
• Perform cost allocations in compliance with CAS and company policies.
• Produce detailed reporting on project profitability, burn rates, and labor utilization.

Regulatory Compliance & Audit Support

• Ensure all financial activity adheres to FAR, DFARS, CAS, and DCAA audit requirements.
• Support internal and external audits through preparation of schedules, reconciliations, and narrative explanations.
• Maintain robust, audit-ready documentation on all cost and billing activities.

Billing and Revenue Recognition

• Validate billable labor, ODCs, and subcontractor charges against contract terms and budgets.
• Track unbilled revenue and aging reports; proactively resolve delays or billing discrepancies.
• Partner with project managers and contracts staff to ensure timely and accurate billing cycles.

Accounts Payable Oversight

• Ensure vendor invoices are accurately processed and coded to appropriate projects, CLINs, and accounts.
• Maintain compliance with internal controls and DCAA guidelines on AP processes.

Process Improvement & Documentation

• Recommend and implement internal control improvements and reporting enhancements.
• Document procedures and train staff to ensure continuity, scalability, and compliance.
• Lead initiatives to standardize project cost tracking and enhance reporting accuracy.

Qualifications:

Minimum Requirements:

• Bachelor's degree in accounting, Finance, or related field.
• Relevant and extensive work experience may be considered in lieu of a degree
• 5+ years of experience in project controls, or cost accounting, in a government contracting (GovCon) or manufacturing environment.
• 3+ years Deltek Costpoint experience using Projects and Materials modules.

• Proficiency in Microsoft Excel (including pivot tables, lookups, etc.).
• Advanced understanding of FAR, DFARS, CAS, and DCAA audit processes.
• Demonstrated ability to reconcile historical financial data and resolve audit findings.

Preferred Experience:

• Experience with government contract billing (T&M, CPFF, FFP).
• Familiarity with billing systems such as WAWF and IPP.
• Hands-on experience in supporting manufacturing, engineering, or MRO government contractors.
• Strong communication skills with the ability to convey complex financial data to non-financial stakeholders.

Soft Skills

• Excellent communication skills to liaise with stakeholders, present financial insights, and resolve discrepancies.
• Strong organizational skills and the ability to manage multiple projects and priorities.
• Attention to detail and a high level of accuracy in financial reporting and cost tracking.
• Problem-solving mindset with the ability to analyze complex data and propose actionable solutions.

Regulatory and Compliance Knowledge

• Familiarity with DCAA audit requirements and preparation.
• Knowledge of invoicing and billing processes for T&M, CPFF, and FFP contracts.

Physical Requirements:

Work may involve sitting or standing for extended periods of time. Position may require typing and reading from a computer screen. Must have sufficient mobility to include but not limited to: bending, reaching, climbing, turning, and kneeling to complete daily duties in a timely and efficient manner. There is a possibility that due to parking availability and location of work, walking moderate to long distances may be required. Must be able to lift, move, and transport items frequently over 10 pounds.

Work Environment:

Generally, work is conducted in an inside office environment, but may also involve some outside work depending on the task. The inside environment may be in an office or cubicle with close quarters, low to moderate noise, and bright or dim lighting. Outside work may include various environmental conditions including warm and cold climates and while on travel.

Axxeum, Inc. is an equal opportunity employer. The company will provide equal opportunity in employment to all employees and applicants for employment. No person will be discriminated against in employment because of race, religion, color, sex, age, national origin, disability, genetic information, military status, sexual orientation, gender identity or any other characteristic protected by applicable federal or state law. This policy applies to all terms, conditions, and privileges of employment and all policies of the company.

At the time of hiring, employees are required to sign a written statement acknowledging that they are employed at the will of the company and are subject to termination at any time, for any reason, with or without notice, and with or without cause. Employees who do not have an individualized written employment contract or a collective bargaining agreement are employed at the will of the company and are subject to termination at any time, for any reason, with or without cause or notice. At the same time, these employees may terminate their employment at any time for any reasons.

A background check and drug screen is required for this position.