Government Cost Accountant

Qarbon Aerospace, Inc.; Red Oak (TX); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Basic Life Insurance

Short-Term Disability

Long-Term Disability

12 Paid Holidays

Flex Time Off

Medical/Prescription Insurance

Dental & Vision Insurance

Critical Illness Insurance / Hospital/

Life Insurance and AD&D Insurance

Health Flexible Spending Account (FSA)

Dependent Care FSA

Health Savings Account (HSA)

Immediate vesting on 401(k) Plans

Tuition Reimbursement

Job summary

Qarbon Aerospace, Inc. is seeking a Government Cost Accountant to manage cost accounting activities on government contracts, including EAC analysis, cost pool management, and CAS/FAR/DFARS compliance.

You will partner with program management, contracts, and operations to ensure accurate cost recognition and reporting. The role emphasizes EAC preparation, indirect rate development, and audit support, with a focus on ITAR guidelines and enterprise systems.

Qualifications

• US citizen or permanent resident as per ITAR requirements.
• Bachelor's degree in Accounting, Finance, or related field.
• 3–7+ years of government contract cost accounting in aerospace/defense.
• Working knowledge of DCAA, CAS, FAR/DFARS and EAC methods.
• Experience with ERP systems such as Deltek Costpoint or SAP; strong Excel/financial modeling.

Responsibilities

• Prepare and analyze monthly EACs across contracts/programs with actuals, ETC, and risk assessments.
• Support EAC reviews with Program Managers, Finance, and Ops leadership.
• Maintain CAS, FAR Part 31, and DFARS compliance; assist audits and disclosure statements.
• Perform indirect rate development, cost pool allocations, and variance analysis.
• Ensure cost accumulation by CLIN/WBS; reconcile ERP/MRP to GL data.
• Assist with proposal cost volumes and forward pricing rate proposals.
• Monitor funding, ceilings, and cost overrun risk; support ASC 606 revenue recognition.
• Support internal controls and SOX readiness; prepare for audits.

Skills

US citizen

3–7+ years government contract cost

DCAA/CAS/FAR/DFARS knowledge

ERP systems experience

Excel and financial modeling

Clearance preferred

Education

Bachelor's degree in Accounting/Finance

Tools

Deltek Costpoint

SAP

Job description

Company Overview

Qarbon Aerospace is a premier manufacturer of cutting-edge composite components and assemblies at all levels of complexity, with products installed on the industry’s most advanced commercial and military aircraft. As a US-based company with a global footprint of more than 1,650,000 ft²of state-of-the-art facilities, Qarbon Aerospace has the capabilities and resources to solve the market’s toughest challenges with Quality Assured. With more than 100 years of experience, we build quality into every fiber, letting your ideas take flight.

Government Cost Accountant Position Overview

Responsible for cost accounting activities on government contracts, including Estimate-at-Completion (EAC) analysis, cost pool management, and compliance with DCAA, CAS, and FAR/DFARS requirements. Partners with program management, contracts, and operations to ensure accurate contract cost recognition and reporting.

Principal Accountabilities:

• Prepare and analyze monthly EACs across assigned contracts/programs, incorporating actuals, ETC, and risk/opportunity assessments
• Support program EAC reviews with Program Managers, Finance, and Ops leadership
• Maintain compliance with Cost Accounting Standards (CAS), FAR Part 31, and DFARS cost principles
• Support DCAA audits, incurred cost submissions, and disclosure statement maintenance
• Perform indirect rate development, cost pool allocations, and variance analysis
• Ensure proper cost accumulation by contract line item (CLIN) and work breakdown structure (WBS)
• Reconcile job cost data between ERP/MRP systems and general ledger
• Support proposal cost volume development and forward pricing rate proposals
• Monitor contract funding, ceiling limitations, and cost overrun risk
• Assist with revenue recognition under ASC 606 (percentage-of-completion) tied to EAC data
• Support internal controls, SOX compliance, and audit readiness

Skills and Qualifications:

Required

• Must be a US Citizen or a Permanent resident per ITAR (International Traffic in Arms Regulations) guidelines.
• Bachelor's degree in Accounting, Finance, or related field
• 3–7+ years of government contract cost accounting experience in aerospace/defense manufacturing
• Working knowledge of DCAA, CAS, FAR/DFARS, and EAC methodology
• Experience with ERP systems (Deltek Costpoint, SAP, or similar)
• Strong Excel skills; financial modeling proficiency

Preferred

• Experience with NADCAP/AS9100 manufacturing environments
• Exposure to ITAR-controlled programs
• CMA, CPA, or progress toward certification
• Experience with EVMS (Earned Value Management)
• An active clearance is highly preferred. Candidates without an active clearance may still be considered but must be eligible to obtain and maintain one.

What does Qarbon Aerospace have to offer?

• Company Paid Benefits available immediately upon employment
  • Basic Life Insurance
  • Short-Term Disability (STD) & Long-Term Disability (LTD)
  • 12 Paid Holidays
  • Flex Time Off
• Medical/Prescription Insurance
• Dental & Vision Insurance
• Critical Illness Insurance / Hospital Indemnity Insurance / Accident Insurance
• Life Insurance and AD&D Insurance
• Savings and Spending Accounts
  • Health Flexible Spending Account (FSA)
  • Dependent Care FSA
  • Health Savings Account (HSA)
• Immediate vesting on 401(k) Plans
• Tuition Reimbursement