Government Cost Accountant

Qarbon Aerospace Inc; Red Oak (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Company Paid Benefits

Basic Life Insurance

Short-Term Disability (STD) & Long‑The

12 Paid Holidays

Flex Time Off

Medical/Prescription Insurance

Critical Illness Insurance / Hospital/

Job summary

Qarbon Aerospace is seeking a Government Cost Accountant in Red Oak, TX to manage cost accounting on government contracts, including EAC analysis and compliance with DCAA, CAS, and FAR/DFARS. You will work with program management, contracts, and operations to ensure accurate cost recognition, reporting, and SOX considerations.

The role involves preparing monthly EACs, supporting audits, and developing cost pools and rates while ensuring proper cost accumulation by CLIN/WBS and revenue

Qualifications

• Must be a US Citizen or Permanent resident per ITAR 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).

Responsibilities

• Prepare and analyze monthly EACs across contracts/programs with actuals, ETC, and risk assessments.
• Support program EAC reviews with PMs, Finance, and Ops leadership.
• Maintain CAS, FAR Part 31, and DFARS cost principles compliance.
• 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 CLIN and WBS; reconcile ERP/MRP to GL.
• Support proposal cost volumes and forward pricing rate proposals.
• Monitor funding, ceilings, and cost overrun risk; assist ASC 606 revenue recognition.

Skills

US Citizenship

Bachelor's degree

3–7+ years government cost accounting

DCAA / CAS / FAR/DFARS knowledge

ERP systems (Deltek Costpoint, SAP)

Education

Bachelor's degree in Accounting or Finance

Tools

Deltek Costpoint

SAP

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Government Cost Accountant

Regular Professional Red Oak, TX, US

3 days ago Requisition ID: 2057

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 ft ² of 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.

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)

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
• Critical Illness Insurance / Hospital Indemnity Insurance / Accident Insurance