Cost Accountant

Overview

The Cost Accountant ensures the integrity of federal grant expenditures by evaluating cost allocation methodologies validating financial data and ensuring compliance with 2 CFR Part 200 and client requirements. This role supports sound financial stewardship across hospitals universities tribal governments and nonprofits.

Key Responsibilities

• Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs).
• Validate that costs are:
• Allowable and reasonable
• Properly documented
• Compliant with federal grant requirements
• Reconcile cost data with financial statements budgets and supporting records.
• Identify and exclude unallowable costs from calculations.
• Assist in evaluating cost distribution methods across multiple programs.
• Support preparation of financial reports findings and recommendations.
• Maintain accurate spreadsheets tracking tools and financial records.
• Collaborate with internal teams and external stakeholders (including grant recipients).
• Familiarity with federal cost principles internal controls and risk assessment.
• Experience with federal audits (Single Audit OIG GAO).
• Provide basic guidance on cost allocation and grant compliance.
• Federal Government experience is mandatory.

Education

• Bachelors degree in Accounting Finance or related field required.
• CPA not required.

Qualifications & Required Experience

• 7 years of experience in accounting finance or grants management.
• Hands-on experience with direct and indirect cost allocation.
• Experience working with or supporting grant requests from:
• Hospitals
• Universities
• Tribal entities
• Non-profit organizations
• Understanding of federal grant regulations (2 CFR Part 200)
• Knowledge of GAAP and basic cost accounting principles.
• Strong Excel this includes pivot tables lookups data validation and errorchecking. and data analysis skills.
• Experience with financial systems (UFMS PMS GrantSolutions or similar).
• Good attention to detail and organizational skills.
• Understanding of grant requests from hospitals universities tribal entities and non-pofits.
• Direct and indirect cost allocation.
• Federal Government experience is mandatory.

Additional Information :

All your information will be kept confidential according to EEO guidelines.

Remote Work :

Yes

Employment Type :

Contract