Senior Accounting Professional / Fraction CFO

INNOVATIVE MANAGEMENT STRATEGISTS, LLC; Herndon (VA); On-site; USD 138,000 - 172,000; Full time

Job summary

Innovative Management Strategists, LLC seeks a senior accounting leader to manage core accounting activities and provide strategic financial oversight for government contracts. Expertise in Deltek Costpoint, pricing proposals, and leadership is essential.

The role may be part-time consulting or full-time employment, with workload around 15–20 hours per week initially, plus additional hours during deadlines. Compensation targets an hourly range of $100–$125, commensurate with experience.

Qualifications

• CPA/CFO with 15+ years of progressive accounting experience, incl. federal government contracting.
• Hands-on Deltek Costpoint experience and leadership in financial oversight.
• Experience developing government cost and pricing proposals.

Responsibilities

• Maintain Deltek Costpoint records for FFP, T&M, and cost-reimbursement contracts.
• Lead preparation of federal cost and pricing proposals with Excel models.
• Monitor costs, payroll, and revenue recognition; ensure accuracy of financial data.
• Provide senior-level financial oversight and strategic guidance to executives.
• Improve accounting workflows and internal controls; mentor staff.
• Coordinate with business development on pricing strategy and solicitations.

Skills

Leadership

Financial analysis

Communication

CFO experience

GAAP knowledge

Education

Bachelor’s degree

CPA license

Tools

Deltek Costpoint

Job description

The successful candidate will execute core accounting activities, provide senior-level financial oversight, operational guidance, accounting process improvements, and develop federal cost and pricing proposals. This is not an advisory-only CFO position: proficiency in Deltek Costpoint and willingness to perform transactional work are essential. This position requires someone who can work independently, exercise sound judgement, communicate effectively with executive leadership, and ensure the accuracy of financial information.

Innovative Management Strategists will consider part-time consulting, part-time employment, or full-time employment for an exceptional candidate. Initial anticipated workload is approximately 15–20 hours per week, with additional hours possible for proposal deadlines, audits, and close activities. Candidates should submit a résumé highlighting hands‑on Deltek Costpoint experience, government contract pricing proposals personally developed and relevant leadership experience. The hourly range for this position is $100-$125, and will be determined by experience.

Key responsibilities include but are not limited to:

RESPONSIBILITIES

• Maintain accurate Deltek Costpoint records and account for FFP, T&M, and cost-reimbursement contracts; monitor direct costs, labor, indirect allocations, and contract expenditures.
• Process and review accounts payable vouchers, vendor records, payment files, electronic funds transfers, and applicable annual 1099 reporting.
• Review and finalize timecards; process semi‑monthly payroll in ADP; post labor distributions, payroll entries, and benefit‑related entries; reconcile payroll and labor costs.
• Prepare and post customer invoices, revenue entries, cash receipts, and related reconciliations; verify labor categories, billing rates, and supporting documentation.
• Perform bank and credit‑card reconciliations, journal entries, balance‑sheet reconciliations, monthly close, and year‑end support; prepare clear financial reports.
• Support indirect rate calculations, incurred cost submissions as applicable, audit schedules, and compliance with FAR cost principles and relevant DCAA requirements.
• Document and improve manual procedures, strengthen internal controls, identify errors, and provide technical accounting guidance and financial insight to executive leadership.
• Lead preparation of federal cost and pricing proposals for RFPs, RFQs, and task orders, including complete Excel pricing models, cost volumes, narratives, and supporting schedules.
• Build fully burdened labor rates using direct labor, fringe, overhead, G&A, and profit; model FFP, T&M, and cost‑reimbursement pricing approaches.
• Analyze price competitiveness, profitability, assumptions, escalation, subcontractor/consultant rates, and contract performance against proposed margins.
• Partner with business development and proposal teams on pricing strategy, compliance with solicitation instructions, pricing negotiations, modifications, and option‑year pricing.

Required KNOWLEDGE, SKILLS & ABILITIES

• Certified Public Accountant (CPA)/Chief Financial Officer (CFO) with 15+ years of progressive accounting experience, including substantial federal government contracting accounting experience and 7+ years in senior accounting leadership.
• Current, hands‑on Deltek Costpoint expertise across core accounting functions; demonstrated proficiency with indirect rates, government contract billing, and month‑end close.
• At least 5 years personally developing successful federal government contract cost and pricing proposals, including labor rate build‑ups and detailed Excel models.
• Strong knowledge of GAAP, FAR cost principles, applicable DCAA accounting expectations, and government contract types.
• Experience improving accounting workflows and mentoring accounting staff.
• Demonstrable experience supporting business growth, financial planning, and banking relationships.
• Excellent financial analysis, attention to detail, communication, judgment, and ability to independently execute operational accounting responsibilities.

EDUCATION

• Bachelor’s degree from an accredited college or university.
• Active Certified Public Accountant (CPA) license required

Innovative Management Strategists provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.