Founded in 2009 and headquartered in McLean, VA, Xcelerate Solutions (www.xceleratesolutions.com) is one of America's fastest-growing companies. Xcelerate’s culture is defined by our diversified workforce of dynamic and versatile professionals, supported with growth and development opportunities that contribute to individual and company growth. This strong commitment to our employees has been recognized by our inclusion on the Washington Business Journal’s “50 Best Places to Work” list as well as being a “Great Place to Work” certified company with a 4.6 star, and a 99% CEO approval Glassdoor rating. Come find out why Xcelerate Solutions is one of the DC Metro top employers!
Job DescriptionXcelerate Solutions is seeking an Assistant Controller which plays a key role within the Accounting and Finance organization, supporting day-to-day accounting operations, month-end close, project accounting, compliance, and financial reporting. This role ensures the accuracy and integrity of financial data, supports regulatory and audit requirements, and helps maintain an efficient, well-controlled accounting function. The ideal candidate is detail-oriented, highly organized, and experienced in Costpoint and GovCon accounting practices. Come join our award-winning organization and work with some of the most talented and brightest minds in the GovCon industry.
Key Responsibilities:
Accounting Operations & Review
- Review and post Accounts Payable (AP), Accounts Receivable (AR), and cash transactions to ensure accuracy and timeliness.
- Review general ledger (GL) activity to validate proper coding, classification, and compliance with GAAP and FAR.
- Oversee revenue recognition processes to ensure revenue is recorded accurately, consistently, and in accordance with contractual terms and applicable accounting standards.
- Serve as a backup for project setup and maintenance, ensuring correct configuration of project structures, billing rules, and cost pools.
- Act as a backup reviewer for labor and payroll processing, ensuring accuracy and compliance with internal policies and government regulations.
Month-End Close & Financial Control
- Manage and coordinate the month-end close process to meet a 5-day close schedule.
- Review balance sheet reconciliations monthly, ensuring that all accounts with balances have complete and accurate reconciliations with supporting documentation.
- Prepare or provide backup support for monthly financial reporting packages, management reports, and variance analyses.
- Prepare or support the weekly cash forecast to assist with proactive cash management and planning.
Compliance, Registration & Audit Support
- Lead state and locality business and payroll registration activities, serving as the primary liaison with CSC for all business entities.
- Prepare required documentation for debt covenant reporting and ensure timely submissions.
- Support annual financial audits, providing schedules, reconciliations, and responsive follow-up to auditor requests.
Minimum Requirements
- 3–5 years of accounting experience in a GovCon environment with a solid understanding of GAAP, FAR, and CAS.
- Bachelor’s degree in Accounting or related field.
- Strong understanding of project accounting, indirect rate structures, and revenue recognition in a government contracting setting.
- High attention to detail, strong organizational skills, and the ability to meet deadlines in a fast-paced environment.
Preferred Qualifications
- Experience with Deltek Costpoint, ADP, and OneStream.
- Prior experience supporting month-end close in a midsize GovCon organization.
- Ability to work on-site with flexibility for hybrid scheduling.
- Strong analytical skills and proficiency with Excel and financial reporting tools.
Xcelerate Solutions is an Equal Employment Opportunity/Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, age, equal pay, disability, veteran status, sex, sexual orientation, gender identity, genetic information, or expression of another protected characteristic. As part of this commitment to the full inclusion of all qualified individuals, Xcelerate provides reasonable accommodations if needed because of an applicant's or an employee's disability.
Pay Transparency Notice: Xcelerate Solutions will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
Top Skills
What We Do
We are a team of visionary leaders who shift the paradigm to bring our customers game changing innovations and emerging technologies to strengthen their missions. As a Vision, Mission, and Driven company, VMD has been delivering information technology solutions to the Federal government in Agile Engineering, Cybersecurity, and Critical Infrastructure Protection since 2002. Our staff of over 700 employees support large mission agencies (Civilian and Defense), through actionable, transformational, and scalable approaches that result in value and cost savings to mission focused programs.
Agile Engineering
We Build Mission Critical Applications – Fast. VMD’s full stack Agile Engineering solutions are designed for organizations to adapt quickly and respond to today’s rapidly changing digital demands. We employ flexible software development services that include DevSecOps, Agile Transformation, and Cloud Modernization techniques that allow our customers to become highly adaptive and resilient organizations.
Cybersecurity
We Solve Tomorrow’s Digital Threats Today. VMD is at the forefront of bringing game changing full spectrum cybersecurity solutions to our customers to protect, defend, and neutralize emerging cyber threats. We employ proactive and reactive cybersecurity measures to assist customers with overall cyber strategy, governance, penetration testing, incident response, cyber hunt, network monitoring, and risk and vulnerability assessments.
Critical Infrastructure Protection
We Protect Our Nation’s Vital Infrastructures from Emerging Threats. VMD’s critical infrastructure protection (CIP) solutions help strengthen and maintain our nation’s vital physical and virtual assets, systems, and networks. We use advanced technologies and techniques to protect and secure our nation’s airports and their passengers, Defense Industrial Base assets, and mission-critical government systems and networks.
