About this role
Staff Accountant Costpoint
We are looking for a staff accountant costpoint to support billing, project accounting, and contract administration for a government contractor based in Bethesda, Maryland. This hybrid role works closely with finance and program leadership to keep invoicing, project setup, and cost tracking accurate across a range of federal and commercial engagements. The position offers an opportunity to contribute to a growing organization while helping maintain strong compliance and financial controls.
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Interpret contract terms and coordinate with program leaders to confirm labor categories, subcontract details, funding limits, billing rules, and other invoicing requirements for multiple contract structures.
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Establish new projects in Deltek Costpoint and maintain project records throughout the contract lifecycle to support accurate financial reporting and billing activity.
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Develop and refine standard procedures for project setup, then partner with internal stakeholders to ensure those processes are followed consistently and remain compliant.
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Track contract funding, review invoice activity, and identify issues that could affect billing accuracy or revenue recognition.
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Partner with project managers to validate employee labor charges and resolve discrepancies that may impact project costing.
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Record and monitor project expenses in alignment with applicable accounting guidance and contractual requirements.
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Perform monthly reconciliations comparing billed and unbilled amounts to recorded revenue, researching and correcting variances as needed.
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Prepare and process government invoices while supporting accounts receivable and other operational accounting tasks tied to contract performance.
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Bachelor’s degree in accounting, finance, or a related field.
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At least 3 years of experience in billing and accounts receivable within the government contracting industry.
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Hands-on experience preparing invoices for federal government contracts.
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Strong working knowledge of Deltek Costpoint, including project setup and billing functions.
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Proficiency in Microsoft Excel and confidence working with formulas, reconciliations, and financial data analysis.
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Solid understanding of general ledger activity, journal entries, and core accounting principles such as debits and credits.
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Ability to review contract documents carefully and apply billing terms accurately across different agreement types.