Government Contract (GovCon) Accountant in Leesburg, Virginia at Cormac Corporation
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Job Description
We are seeking an analytical, detail-oriented GovCon Accountant to join our finance team. This role is responsible for full-cycle accounting operations—including Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL) maintenance—while ensuring absolute compliance with GAAP and federal government contracting regulations. The ideal candidate will have hands-on experience navigating PROCAS or equivalent GovCon accounting software to manage indirect rates, contract tracking, and compliant financial reporting.
Key Responsibilities
Full-Cycle Accounting Operations (AP/AR/GL)
- Accounts Payable: Process vendor invoices, match purchase orders, ensure proper project/cost-code allocations, and prepare weekly disbursement cycles.
- Accounts Receivable: Generate precise, compliant client billings (Time & Materials, Firm-Fixed-Price, and Cost-Plus contracts) and track collections.
- General Ledger: Maintain the corporate general ledger, prepare and post journal entries, and perform monthly bank and balance sheet reconciliations.
- Month-End Close: Support the month-end and year-end close processes, ensuring all financial data is accurately captured within deadliness.
Government Contracting & Compliance
- Cost Accounting: Ensure accurate tracking, allocation, and reporting of direct costs, indirect costs, and unallowable expenses in strict compliance with FAR (Federal Acquisition Regulation) and CAS (Cost Accounting Standards).
- Indirect Rates: Assist in the calculation, monitoring, and application of provisional and actual indirect cost pools (Fringe, Overhead, G&A).
- Audit Support: Assist in preparing schedules, worksheets, and documentation for DCAA/DCMA compliance reviews and annual corporate financial audits.
Mandatory Requirements
- Education: Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: 2–3 years of progressive full-cycle accounting experience (AP, AR, GL).
- GovCon Expertise: Experience working in a Federal Government Contracting environment with understanding of indirect rates and government cost structures.
- Technical Skills: Experience with PROCAS or similar GovCon-specific tools (e.g., Deltek Costpoint, Unanet).
- Regulatory Knowledge: Knowledge in GAAP, FAR, and DCAA compliance requirements.
- Excel Skills: Experience with MS Excel (pivot tables, complex formulas, VLOOKUP/XLOOKUP).
Preferred Qualifications
- Prior experience assisting with the preparation of an Incurred Cost Submission (ICS).
- Familiarity with data visualization or reporting software (e.g., Power BI, Tableau).
- Strong communication skills to cross-functionally coordinate with Project Managers regarding budget variances and contract burn rates.
- Familiarity with AI driven tools
Location: Leesburg, VA
Working Arrangement: 100% Remote
Why CORMAC?
At CORMAC, we leverage the power of Data Management and Analytics to enable our customers to achieve their strategic goals. With over 20 years of experience in Health Information Technology (HIT), human-centered design principles and Agile development methodologies, CORMAC delivers complex digital solutions to solve some of the most challenging problems facing public healthcare programs today.
As a US Federal Government contractor in the public healthcare sector, our work is impactful and cutting-edge while being performed in a supportive, collaborative, and welcoming environment. We offer flexible work schedules with remote, hybrid, or fully in-person workplace options to empower our employees to decide the workplace most suitable for them. At CORMAC, we have a highly diverse workforce, and believe the work environment is a place where creativity, collaboration, enthusiasm, and innovation happens, regardless of location.
E-Verify Participation/EEO
As an Equal Employment Opportunity employer, CORMAC provides equal employment opportunity to all employees and applicants without regard to an individual's protected status, including race/ethnicity, color, national origin, ancestry, religion, creed, age, gender, gender identity/expression, sexual orientation, marital status, parental status, including pregnancy, childbirth, or related conditions, disability, military service, veteran status, genetic information, or any other protected status.