Cost Accountant

Kratos Defense & Security Solutions, Inc.; Fort Walton Beach (FL); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Life/ADD & Short/Long Term Disability

401(k) Savings Plan

Employee Stock Purchase Plan (ESPP)

Paid Time-Off (PTO)

Holidays

Education Reimbursement

Job summary

Kratos Defense & Security Solutions, Inc. seeks an experienced accounting professional to support GAAP-compliant financial reporting across government contracting operations. This role emphasizes accuracy, audit-readiness, and independent management of significant accounting responsibilities.

You will work with Costpoint, cost accounting managers, program managers, and other functions to ensure accurate job costing, revenue recognition, and prep for audits across CPFF, FFP, and T&M contracts.

Qualifications

• Bachelor's degree in accounting or related field with at least 3 years of applicable experience.
• Strong proficiency with MS Word, Excel, PowerPoint and database/ERP systems.
• Experience with government contractors and FAR is strongly preferred.
• Experience using Deltek CostPoint and related cost accounting systems.

Responsibilities

• Prepare invoices for federal/state government and commercial customers for CPFF, FFP, and T&M contracts, ensuring audit-readiness.
• Ensure revenue recognition is GAAP-compliant.
• Coordinate with management monthly to verify accurate profit margins for inventory and revenue.
• Prepare and enter journal entries with accuracy for review.
• Assist in indirect rate applications, job costing, and financial report packages.
• Support annual and government audits and auditor inquiries as requested.
• Assist with month- and year-end closing processes.

Skills

Accounting fundamentals

Analytical skills

Problem solving

Attention to detail

Independent work

Education

Bachelor's degree in accounting

Tools

Deltek Costpoint

MS Excel

MDMS/ERP systems

Job description

The role is responsible for performing key accounting activities that support accurate, timely, and compliant financial reporting across business operations.

The role operates in a government contracting manufacturing environment and is responsible for maintaining accurate, traceable, and audit-ready financial records. The position utilizes Deltek Costpoint and works closely with the cost accounting manager, program managers, and other functional areas.

The successful candidate will demonstrate strong accounting fundamentals, sound judgement, analytical and problem-soling skills, attention to detail, and the ability to independently manage significant accounting responsibilities. Experience in government contracting, Costpoint, manufacturing, aerospace or defense is highly desirable.

ESSENTIAL JOB FUNCTIONS:

• Prepare invoices for federal government, state government, and commercial customers for various contract types, including CPFF, FFP, and T&M, ensuring audit-readiness of supporting schedules
• Assure that revenue recognition is accurate and in accordance with Generally Accepted Accounting Principles (GAAP)
• Follow all Company Policies and Procedures, State/Federal Laws and Regulations, and GAAP in the performance of duties, reporting any noncompliance
• Analyze key performance measures in order to establish and monitor overall company performance
• Coordinate with management monthly to ensure accurate profit margins for inventory job cost and revenue calculations
• Prepare and enter journal entries, ensuring accuracy and compliance prior to presenting for approval
• Support preparation of indirect rate application and projections, job costing, and financial report package schedules
• Provide support related to annual financial audits, government audits, provisional billing rates, and other auditor inquiries as requested
• Assist in the month and year end closing processes and procedures

Other Job Functions

• Evaluate contracts for proper revenue recognition method and prepare ASC 606 questionnaires
• Maintain monthly job costing schedule to include current revenue, costs, and profitability to ensure matching of revenue and costs on monthly financial for FFP contracts
• Prepare estimate at completion worksheets (EAC’s), job status reports, and financial CDRL support as requested
• Prepare external and internal audit documentation, coordinate audits with auditors, and provide auditor assistance and interpretation
• Write, maintain and improve procedures as necessary to facilitate the highest efficiency possible in all areas of the Company
• Other duties may be assigned

SUPERVISORY RESPONSIBILITY:

• None

Experience and Skills

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Ability to maintain sensitive and confidential information as required by government standards
• Ability to interact effectively with peers and supervisors
• Ability to interact appropriately with the public when necessary
• Ability to adhere to workplace rules
• Ability to maintain detailed and accurate records
• Ability to be self-motivated and work independently in a fast paced, dynamic work environment
• Effective time management and prioritization skills
• Excellent written and verbal communication skills
• Ability to understand and communicate financial concepts and business terminology
• Strong and pronounced problem solving and analytical skills
• Working knowledge of financial systems
• Working knowledge of accounting principles and Cost Accounting Standards (CAS)

EDUCATION AND EXPERIENCE:

• Bachelor’s degree in accounting or related field and a minimum of 3 years of applicable experience,
• Advanced experience in the use of a wide variety of computer applications including MS Word, Excel, PowerPoint, database management systems, and related enterprise systems
• Experience working with government contractors and Federal Acquisition Regulation (FAR) is strongly preferred
• Previous experience using MRP programs, especially Deltek CostPoint

WORK ENVIROMENT / PHYSICAL REQUIREMENTS:

• Ability to stand and sit for long periods of time
• Ability to perform repetitive motion (keyboarding, 10-key, phones)

TRAVEL:

• None

THE ABOVE STATEMENTS ARE INTENDED TO DESCRIBE THE GENERAL NATURE AND LEVEL OF WORK BEING PERFORMED BY INDIVIDUALSASSIGNED TO THIS CLASSIFICATION. THEY ARE NOT INTENDED TO BE CONSTRUED AS AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES AND SKILLS REQUIRED OF PERSONNEL SO CLASSIFIED.

A REVIEW OF THIS CLASSIFICATION HAS EXCLUDED THE MARGINAL FUNCTIONS OF THE CLASSIFICATION THAT AREINCIDENTAL TO THE PERFORMANCE OF FUNDAMENTAL JOB JUTIES. ALL DUTIES AND RESPONSIBILITIES ARE ESSENTIAL JOB FUNCTIONS AND REQUIREMENTS AND ARE SUBJECT TO POSSIBLE MODIFICATION TO REASONABLY ACCOMMODATE INDIVIDUALS WITH DISABILITIES TO PERFORM THIS JOB PROFICIENTLY. THE REQUIREMENTS LISTED IN THIS DOCUMENT ARE THE MINIMUM LEVELS OF KNOWLEDGE, SKILLS OR ABILITIES.

EEO/M/F/D/V

#LI-Onsite

• Life/ADD & Short/Long Term Disability Insurance
• 401(k) Savings Plan
• Employee Stock Purchase Plan (ESPP)
• Paid Time-Off (PTO)
• Holidays
• Education Reimbursement

Kratos Defense is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race,color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as aprotected veteran, or any other protected category under applicable federal, state, and local laws.

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