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Cost Accountant

Job in Severn, Anne Arundel County, Maryland, 21144, USA
Listing for: LHH
Full Time position
Listed on 2026-07-27
Job specializations:
  • Accounting
    Financial Reporting, Financial Analyst, Cost Accountant
  • Finance & Banking
    Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 90000 - 120000 USD Yearly USD 90000.00 120000.00 YEAR
Job Description & How to Apply Below

This individual will support large-scale, customized project work by providing financial oversight, accurate cost tracking, and revenue recognition compliance. The ideal candidate will possess strong experience in project-based accounting within a manufacturing or engineering-driven environment and have the ability to partner with operational leaders to drive financial visibility and performance.

Key Responsibilities

  • Oversee the financial lifecycle of assigned projects, including budget development, forecasting, cost monitoring, and profitability analysis.
  • Maintain accurate project accounting records by tracking labor, materials, subcontracted services, and indirect costs.
  • Collaborate with project and operational teams to validate project costs, identify financial risks, and proactively address budget variances.
  • Apply revenue recognition principles in accordance with ASC 606, ensuring revenue is recognized appropriately based on contract terms and project progression.
  • Prepare and maintain supporting documentation related to revenue recognition, financial reporting, audits, and compliance requirements.
  • Coordinate month-end project accounting activities, including reconciliations, variance investigations, and reporting deliverables.
  • Generate financial reports related to project revenue, backlog, forecasts, margins, and overall performance.
  • Analyze actual results versus budgets and forecasts, providing insight into trends, risks, and opportunities.
  • Partner with finance, engineering, procurement, and operations teams to ensure alignment between project execution and financial objectives.
  • Identify opportunities to enhance reporting processes, strengthen controls, and improve the effectiveness of project accounting procedures.

Qualifications

  • Minimum of 5 years of accounting experience focused on cost accounting, project accounting, or manufacturing environments.
  • Strong understanding of project cost tracking, job costing, and manufacturing accounting practices.
  • Hands-on experience applying ASC 606 revenue recognition guidance in contract- or project-based settings.
  • Advanced analytical and problem-solving skills with the ability to evaluate project profitability and forecast performance.
  • Demonstrated ability to manage multiple priorities while ensuring accuracy and meeting reporting deadlines.
  • Experience working cross-functionally with project managers, operational leaders, and finance teams.
  • Knowledge of audit support processes, financial documentation requirements, and internal control practices.
  • Bachelor's degree in Accounting, Finance, or a related discipline preferred.

Medical, dental, and vision insurance

401(k) plan with employer match

Paid holidays

Paid sick leave

Life and disability insurance

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

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