Sr Accountant

Posted 2 Hours Ago
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McKinney, TX, USA
In-Office
Senior level
Aerospace • Defense • Industrial • Manufacturing
The Role
The Senior Accountant manages government contract invoicing, accounts receivable and payable, billing documentation, reconciliations, financial reporting, contract performance analysis, and compliance with FAR, DFARS, CAS, GAAP, and federal procurement regulations. The role supports audits, including DCAA matters, resolves billing issues, maintains contract structures and charge codes, partners with project teams, and assists with statutory financial statements and internal controls.
Summary Generated by Built In

Our core competencies include systems engineering, program management, logistics, production support, aircraft maintenance, and aviation/aerospace services. We were founded in 2015 and since our establishment, we have been attracting the best talent in our fields of interest enabling us to provide cutting-edge solutions and support to our warfighters. We understand and provide expert consultation on weapons systems acquisition programs, maintenance/modernization programs, and sustainment programs. We know defense and we know aircraft systems.

Reporting to the Corporate Controller, the Senior Accountant supports Finance & Accounting operations by ensuring accurate and timely invoicing, contract cost review, accounts receivable/payable management, financial reporting, and compliance with federal contracting regulations. This role supports government contracts and contributes to financial statement preparation, analysis, and internal controls.

 

Duties/Responsibilities:

  • Prepare invoices for Government/Public Sector clients (Cost Reimbursable, T&M, Firm Fixed Price, and related variations).
  • Ensure invoices comply with contract terms and client specifications.
  • Maintain complete and accurate billing files and documentation.
  • Review and interpret contract billing requirements.
  • Resolve complex invoicing issues, including rate adjustments and system discrepancies.
  • Set up new charge codes and project structures for awarded contracts.
  • Maintain billing information sheets for assigned contracts.
  • Manage weekly AR/AP activities, including aging analysis and subcontractor invoice review.
  • Distribute monthly AR and contract-required reports to Project Managers and Director of Contracts.
  • Prepare Unfunded/Unbilled reports and provide updates on aged receivables to Finance leadership.
  • Process expense reports and reimbursements.
  • Prepare and analyze financial and accounting reports.
  • Perform weekly review of Trial Balance and General Ledger.
  • Conduct annual reconciliations (related parties, receivables, contract assets, PPE, payables, sales, cost of sales).
  • Review contract-level financial performance.
  • Assist with preparation of statutory financial statements (Balance Sheet, Income Statement, Cash Flow, Equity).
  • Develop metrics to support corporate financial guidance.
  • Ensure compliance with FAR, DFARS, CAS, GAAP, and other federal procurement regulations.
  • Support internal and external audit activities, including DCAA-related matters.
  • Research and resolve billing and compliance issues using sound judgment and analysis.
  • Partner with Project and Operations Managers regarding invoicing and AR matters.
  • Conduct training for new employees as assigned.
  • Perform general bookkeeping and other duties as needed.

Note: The duties and responsibilities described on this document are not necessarily a comprehensive list and additional tasks may be assigned to the employee from time to time; and the scope of the job may change as necessitated by business demands.


Required Qualifications:

  • Bachelor’s degree in Accounting, Finance, Business, or related field.
  • 3–5 years of government contracting accounting experience.
  • Strong knowledge of FAR, DFARS, CAS, GAAP, and government procurement regulations.
  • Experience with various contract types and government solicitations (RFP, RFQ, RFI, ROM).
  • Understanding of Service Contract Act (SCA) and Collective Bargaining Agreements (CBAs).
  • Advanced Excel skills.
  • Strong analytical and critical thinking skills.
  • Broad knowledge of accounting processes (GL, AR, AP, payroll, reconciliations).
  • U.S. Citizenship and ability to obtain a Secret clearance.
  • DCAA experience preferred.

 

Physical Requirements:

  • Prolonged computer and desk work.
  • Occasional time in manufacturing or alternate facilities.
  • Ability to lift up to 15 pounds.
  • Occasional CONUS travel.

 

 

Skills Required

  • Bachelor's degree in Accounting, Finance, Business, or a related field
  • 3-5 years of government contracting accounting experience
  • Strong knowledge of FAR, DFARS, CAS, GAAP, and government procurement regulations
  • Experience with Cost Reimbursable, Time and Materials, Firm Fixed Price, and related government contract types
  • Experience with government solicitations, including RFP, RFQ, RFI, and ROM
  • Understanding of Service Contract Act and Collective Bargaining Agreements
  • Advanced Excel skills
  • Strong analytical and critical thinking skills
  • Broad knowledge of general ledger, accounts receivable, accounts payable, payroll, and reconciliations
  • U.S. citizenship
  • Ability to obtain a Secret security clearance
  • DCAA experience
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The Company
330 Employees

What We Do

Albers Aerospace develops and manufactures radio-frequency (RF), digital, and engineered products, and provides engineering solutions and services for aerospace and defense customers. Its capabilities include digital engineering with model-based systems engineering tools, as well as precision manufacturing of complex aerospace and defense components through CNC milling, turning, and EDM. The company describes itself as a trusted leader in innovative aerospace and defense products and services.

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