Principal Project Accountant

Position Summary

The Principal Project Accountant serves as a strategic advisor to Operations and Functional Support teams, providing expert guidance on accounting and financial decisions while ensuring compliance with regulatory and corporate standards. This role combines advanced project accounting knowledge with Deltek Costpoint systems administration, business intelligence reporting, Costpoint system integration, and process implementation. The position is critical in driving financial accuracy, operational efficiency, and governance across the organization.

Responsibilities

Advisory & Financial Decision Support

• Act as a trusted advisor to Operations and Functional Support personnel on accounting principles, project financial performance, and compliance requirements.
• Provide guidance on cost structures, revenue recognition, funding modifications, and project closeout strategies.
• Collaborate with Program Managers and Contracts teams to ensure financial decisions align with corporate objectives and regulatory standards.

Project Accounting

• Participate in the full lifecycle of project accounting, including setup, billing, revenue recognition, cost allocations, and WIP management.
• Monitor and reconcile project financials to ensure accuracy and timeliness.
• Drive resolution of variances and implement corrective actions to maintain financial integrity.

Costpoint Systems Administration & Integration

• Serve as a Costpoint Subject Matter Expert, assisting with managing system configuration, security roles, workflows, and integrations.
• Oversee system integration initiatives to streamline data flow between Costpoint and related platforms.
• Maintain master data governance and ensure audit-ready documentation for all system changes.

Business Intelligence Reporting

• Assist in designing and deliver BI reports and/or dashboards and reports to provide actionable insights on project financials, backlog, and operational performance.
• Assist in developing automated reporting solutions and maintain data integrity across all financial systems.
• Partner with stakeholders to translate business needs into meaningful analytics.

Process Implementation & Governance

• Develop and implement standardized processes for project accounting, system administration, and financial reporting.
• Ensure compliance with FAR/DFARS, CAS, and internal policies through robust governance frameworks.
• Support internal and external audits with accurate documentation and timely responses.

Qualifications

Citizenship: Must be a US citizen

Minimum Required Qualifications

Clearance: Ability to Obtain Secret

Education: Bachelor's degree in Accounting, Finance, or related field

Years of Experience: 12+ years of experience in project accounting and financial operations within government contracting or similar regulated environment

Certifications:

Preferred Qualifications

Clearance: Ability to Obtain Secret

Education: Bachelor's degree in Accounting, Finance, or related field

Years of experience: 12+ years of experience in project accounting and financial operations within government contracting or similar regulated environment

Certifications:

Technical Skills

• Advanced knowledge of Deltek Costpoint (administration and integration).
• Strong BI/reporting skills (Power BI, Cognos, Costpoint BI) and advanced Excel proficiency.
• Strong Familiarity with FAR/DFARS and CAS compliance requirements

Interpersonal Skills

• Advisory Expertise: Ability to guide operational teams on complex financial decisions.
• Systems & Data Fluency: Deep understanding of Costpoint, Chrome River, and data integration.
• Analytical Rigor: Skilled in variance analysis, forecasting, and actionable insights.
• Process Excellence: Designs scalable, compliant processes and drives adoption.
• Communication & Collaboration: Builds strong partnerships across Finance and Operations.

Additional Information

Location: Odyssey Eglin Office

Travel: 15%

Remote, Onsite, or Hybrid: Hybrid

#LI-MP1

Company Overview

Odyssey Systems is a world-class technical, engineering, and integration company serving the warfighting ecosystem with airborne integration, ISR, C2, and warfighter readiness capabilities. Odyssey meets the military's operational needs by integrating layered defense systems from equipment, technology, and services to data, information, and business operations. We streamline defense acquisition and sustainment, engineering the technical battlefield with domain-specific proficiency to ensure lethality. Odyssey is dedicated to excellent contract execution, peak organizational performance, and fostering a workplace built on employee care.

Odyssey is proud to live out our core values of commitment, ambition, and respect in our work and communities through OdysseyCares , a philanthropic group focused on giving back through direct donations, an employer match program, and volunteering events.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Please Note:

Final compensation for this position will be determined by various factors such as the Federal Government contract labor categories and contract wage rates, relevant work experience, specific skills and competencies, geographic location, education, and certifications.

This position is filled through continuous recruitment and will remain open until a sufficient pool of applications has been received.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, Tricare supplement, short-term disability, long-term disability, 401(k) match, flexible spending accounts, health savings accounts, employee assistance program, learning and development benefit, paid time off, and holidays.

Odyssey Benefits