Senior Accountant: Government Contracts & Project Cost Accounting

Anticipated End Date:

2025-08-21

Position Title:

Senior Accountant: Government Contracts & Project Cost Accounting

Job Description:

Senior Accountant: Government Contracts & Project Cost Accounting

Hybrid 1: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.

• Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

A proud member of the Elevance Health family of companies, Carelon Research, formerly HealthCore, Inc., works with life sciences companies, payers and providers, and government and academic organizations to provide real-world evidence in support of a wide variety of healthcare decisions.

The Senior Accountant: Government Contracts & Project Cost Accounting is responsible for supporting the closing, reconciling, analysis and reporting of the general ledger.

How you will make an impact:

• Prepares internal and external monthly, quarterly, and annual financial reporting and analysis.  
• Verifies the integrity of monthly results by completing various analyses and interpreting the data.
• Setting up new projects, regular communications with PMs on budget allocation; monitoring the accuracy of revenue recorded on projects.
• Reconciliation and analysis of balance sheets accounts such as unbilled receivables, deferred revenue. Use professional judgment to research and evaluate all balance sheet accounts issues.
• Fixed Price, Time & Material, and Cost-Plus contracts billing (FP, T&M, CP Contracts)
• End of month revenue and billing processing for fixed price, time & material, and cost-plus contracts
• Project revenue planning and monthly revenue analysis between forecasted and actual results
• Responsible for month-end closing entries including journal entry accruals, allocations, intercompany entries, prepaid, fixed assets.
• Review financial reports and PSR with PMs
• Provide year-end audit and incurred cost submission support which may include research and reconciliation.
• Perform additional assignments as needed.

Minimum Requirements:

• Requires BA/BS in Accounting or Finance and a minimum of 6 years experience in general accounting, finance, or budgeting and planning; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experience:

• Three years+ of utilizing Deltek Costpoint accounting software with a government contractor highly preferred.
• CPA or CPA candidate who has passed at least 2 modules.
• Strong understanding of FARs, cost accounting, and job costing
• Five years+ of Government contracts experience
• Five years+ of Single Audit and Incurred Cost submission
• Five years+ of SEFA preparation
• Advanced Excel skills: Pivot Tables and V-Look Up
• Detailed oriented with strong analytical skills who can learn quickly.
• Work independently with limited supervision.

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $98,280 to $161,460.

Locations: District of Columbia (Washington, DC), Maryland.

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earn