Government Cost Accountant
Qarbon Aerospace
Red Oak, TX · Posted October 23, 2026
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About the job
Company Overview
Qarbon Aerospace is a premier manufacturer of cutting-edge composite components and assemblies at all levels of complexity, with products installed on the industry’s most advanced commercial and military aircraft. As a US-based company with a global footprint of more than 1,650,000 ft ² of state-of-the-art facilities, Qarbon Aerospace has the capabilities and resources to solve the market’s toughest challenges with Quality Assured. With more than 100 years of experience, we build quality into every fiber, letting your ideas take flight.
Government Cost Accountant Position Overview
Responsible for cost accounting activities on government contracts, including Estimate-at-Completion (EAC) analysis, cost pool management, and compliance with DCAA, CAS, and FAR/DFARS requirements. Partners with program management, contracts, and operations to ensure accurate contract cost recognition and reporting.
Principal Accountabilities:
Prepare and analyze monthly EACs across assigned contracts/programs, incorporating actuals, ETC, and risk/opportunity assessments
Support program EAC reviews with Program Managers, Finance, and Ops leadership
Maintain compliance with Cost Accounting Standards (CAS), FAR Part 31, and DFARS cost principles
Support DCAA audits, incurred cost submissions, and disclosure statement maintenance
Perform indirect rate development, cost pool allocations, and variance analysis
Ensure proper cost accumulation by contract line item (CLIN) and work breakdown structure (WBS)
Reconcile job cost data between ERP/MRP systems and general ledger
Support proposal cost volume development and forward pricing rate proposals
Monitor contract funding, ceiling limitations, and cost overrun risk
Assist with revenue recognition under ASC 606 (percentage-of-completion) tied to EAC data
Support internal controls, SOX compliance, and audit readiness
Skills and Qualifications:
Required
Must be a US Citizen or a Permanent resident per ITAR (International Traffic in Arms Regulations) guidelines.
Bachelor's degree in Accounting, Finance, or related field
3–7+ years of government contract cost accounting experience in aerospace/defense manufacturing
Working knowledge of DCAA, CAS, FAR/DFARS, and EAC methodology
Experience with ERP systems (Deltek Costpoint, SAP, or similar)
Strong Excel skills; financial modeling proficiency
Preferred
Experience with NADCAP/AS9100 manufacturing environments
Exposure to ITAR-controlled programs
CMA, CPA, or progress toward certification
Experience with EVMS (Earned Value Management)
An active clearance is highly preferred. Candidates without an active clearance may still be considered but must be eligible to obtain and maintain one.
What does Qarbon Aerospace have to offer?
Company Paid Benefits available immediately upon employment Basic Life Insurance
Short-Term Disability (STD) & Long-Term Disability (LTD)
12 Paid Holidays
Flex Time Off
Medical/Prescription Insurance
Dental & Vision Insurance
Critical Illness Insurance / Hospital Indemnity Insurance / Accident Insurance
Life Insurance and AD&D Insurance
Savings and Spending Accounts Health Flexible Spending Account (FSA)
Dependent Care FSA
Health Savings Account (HSA)
Immediate vesting on 401(k) Plans
Tuition Reimbursement