Contract Accounting Analyst (Full Time Employment)
BWX TechnologiesAbout the role
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With more than 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. We are the sole manufacturer of naval nuclear reactors for U.S. submarines and aircraft carriers. Our company supplies precision manufactured components, services and fuel for the commercial nuclear power industry across four continents. Our joint ventures provide environmental restoration and operations management at a dozen U.S. Department of Energy and NASA facilities. BWXT’s technology is driving advances in medical radioisotope production in North America and microreactors for various defense and space applications. For more information, visit www.bwxt.com. Follow us on LinkedIn, X, Facebook and Instagram.
Welcome to BWXT
We believe in empowering our employees and cultivating a dynamic workplace that fosters growth and collaboration. Whether you’re an experienced professional or just starting your career, you'll find opportunities to challenge yourself, learn from seasoned experts, and contribute to nuclear innovation. We require a diverse range of skills to support our work in the markets that drive our business and welcome candidates from all backgrounds and life stages who are passionate about making a difference.
Position Overview:
The Contract Accounting Analyst performs the accounting and financial service functions for the organization's contracts. This involves preparing and presenting comprehensive contract accounting reports that encompass revenue recognition, cost analysis, and profitability metrics, while maintaining accurate contract ledgers in compliance with GAAP and SOX requirements. The role collaborates cross-functionally to analyze contract data for discrepancies and trends, develop financial models, and to ensure the accuracy of financial information. Additionally, this role supports internal and external audit processes and monitors regulation compliance.
Location:
Onsite in Mt. Vernon, IN
Your Day to Day as a Contract Accounting Analyst:
- Prepare and present regular contract accounting reports, including revenue recognition, cost analysis, and profitability metrics.
- Maintain and reconcile contract ledgers and ensure accurate recording of contract-related transactions in accordance with GAAP and SOX requirements.
- Develop, maintain, and validate financial models and spreadsheets that capture the performance of various contractual agreements.
- Analyze contract data to identify discrepancies, trends, and opportunities for process improvements in contract administration and accounting.
- Conduct ad hoc financial analyses and respond to queries from management regarding contract financial performance.
- Work closely with cross-functional teams, including finance, contracts, operations, and compliance, to identify inefficiencies in the financial and contract management processes, proposing and assisting in implementing improvements.
- Input, maintain, and ensure the accuracy of financial and contract data in accounting systems and databases.
- Assist in preparation for internal and external audits by gathering documentation and explaining contract posting decisions and financial entries.
- Monitor compliance with company policies and government contract accounting regulations.
- Assist with other finance and accounting functions.
Required Minimum Qualifications:
- Bachelor’s degree in accounting, finance, business, or a related field.
- 2 years of related experience.
- Ability to work in a team-oriented, collaborative environment.
- Must have the ability to work full onsite in the assigned Mt. Vernon, IN location.
- Must be a U.S. citizen with no dual citizenship.
Preferred Additional Qualifications:
- Advanced knowledge in data visualization tool
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