What are the responsibilities and job description for the Government Contracts Accounting & DCAA Compliance Analyst position at InterScripts, Inc.?
Work Location - HQ, Chantilly, VA
Work Hours - EST or CST
Job Type - Full-time
Mandatory Experience - Govbooks and Quickbooks
Position Summary
We are seeking an experienced Government Contracts Accounting & DCAA Compliance Manager to design, implement, and maintain a fully DCAA-compliant accounting system using QuickBooks Online and GovBooks. This role will be responsible for building the complete government-compliant accounting structure, including cost pools, labor distribution, indirect rate calculations, and audit readiness in accordance with FAR and DCAA requirements.
Key Responsibilities
1. Full DCAA-Compliant System Setup (Primary Responsibility)
- Configure QuickBooks Online (Plus or Advanced) for government contract accounting
- Implement and integrate GovBooks with QuickBooks Online
- Build a compliant Chart of Accounts from the ground up
- Establish segregation of:
- Direct Costs
- Indirect Costs (Fringe, Overhead, G&A)
- Unallowable Costs
- Set up job costing by contract
- Configure cost pools and allocation bases
- Ensure the system supports Incurred Cost Submission (ICS) requirements
2. Timekeeping & Labor Distribution Compliance
- Implement a DCAA-compliant timekeeping system
- Ensure daily time entry, approvals, and a full audit trail
- Map payroll to correct direct and indirect labor categories
- Maintain labor distribution accuracy and reconciliation
3. Indirect Rate Structure & Monitoring
- Establish and maintain:
- Fringe Pool
- Overhead Pool
- G&A Pool
- Calculate provisional billing rates
- Perform monthly indirect rate analysis
- Support Incurred Cost Submission preparation
4. Audit Readiness & Internal Controls
- Maintain DCAA audit readiness
- Prepare documentation for DCAA audits and floor checks
- Develop and maintain written accounting policies and procedures
- Enforce segregation of duties and user access controls
- Maintain system audit logs and compliance documentation
5. Government Billing & Reporting
- Prepare invoices for cost-reimbursable, T&M, and fixed-price contracts
- Monitor contract funding and burn rates
- Generate contract profitability and indirect rate reports
- Support proposal pricing with historical cost data