Senior Accountant: Government Contracts & Project Cost Accounting

Hybrid 1: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.

A proud member of the Elevance Health family of companies, Carelon Research, formerly HealthCore, Inc., works with life sciences companies, payers and providers, and government and academic organizations to provide real-world evidence in support of a wide variety of healthcare decisions.

The Senior Accountant: Government Contracts & Project Cost Accounting is responsible for supporting the closing, reconciling, analysis and reporting of the general ledger.

How you will make an impact:

• Prepares internal and external monthly, quarterly, and annual financial reporting and analysis.  
• Verifies the integrity of monthly results by completing various analyses and interpreting the data.
• Setting up new projects, regular communications with PMs on budget allocation; monitoring the accuracy of revenue recorded on projects.
• Reconciliation and analysis of balance sheets accounts such as unbilled receivables, deferred revenue. Use professional judgment to research and evaluate all balance sheet accounts issues.
• Fixed Price, Time & Material, and Cost-Plus contracts billing (FP, T&M, CP Contracts)
• End of month revenue and billing processing for fixed price, time & material, and cost-plus contracts
• Project revenue planning and monthly revenue analysis between forecasted and actual results
• Responsible for month-end closing entries including journal entry accruals, allocations, intercompany entries, prepaid, fixed assets.
• Review financial reports and PSR with PMs
• Provide year-end audit and incurred cost submission support which may include research and reconciliation.
• Perform additional assignments as needed.

Minimum Requirements:

• Requires BA/BS in Accounting or Finance and a minimum of 6 years experience in general accounting, finance, or budgeting and planning; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experience:

• CPA or CPA candidate who has passed at least 2 modules.
• Strong understanding of FARs, cost accounting, and job costing
• Five years+ of Government contracts experience
• Five years+ of Single Audit and Incurred Cost submission
• Five years+ of SEFA preparation
• Three years+ of utilizing Deltek Costpoint accounting software with a government contractor.
• Advanced Excel skills: Pivot Tables and V-Look Up
• Detailed oriented with strong analytical skills who can learn quickly.
• Work independently with limited supervision.

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $98,280 to $161,460.

Locations: District of Columbia (Washington, DC), Maryland.

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.