Cost Accountant
Washington, DCFull-time$85–158K/yrPosted today
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At a glance
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Requirements
Credentials this posting asks for.
Job overview
The Cost Accountant position is with the Department of Health and Human Services’ Program Support Center. It supports federal accounting operations by applying accounting principles and standards, processing and reviewing financial transactions, reconciling ledgers, and assisting with cost accounting analyses. The role also involves reviewing cost allocation practices, negotiating indirect cost rates, and providing technical guidance to grantees and other stakeholders, with duties varying by grade level.
Skills & qualifications
Skills
Qualifications
Benefits
Full job description
Summary
This position is located in the Department of Health and Human Services, Program Support Center, headquartered in Rockville, Maryland. This announcement will close at 11:59 PM, on the day that 150 applications have been received or on the closing date, whichever is first.
Duties
As a Cost Accountant, you will be: Applying knowledge of generally accepted accounting principles (GAAP) and relevant federal standards to assist in recording, validating, and maintaining and/or troubleshooting financial transactions in agency accounting systems, such as Oracle Federal Financials and other enterprise resource planning platforms. Supporting cost accounting and system-related activities by assisting senior personnel in analyzing data trends, validating ledger outputs and support in reconciliation of cost elements within accounting systems. Processing financial entries, conducting transaction reviews, and assisting with reconciliations across general and subsidiary ledgers. Maintaining the integrity of day-to-day accounting operations and ensuring adherence to existing guidance and procedures. Ensuring compliance with regulatory guidance from OMB, Treasury, GAO and HHS, and works with team members to ensure accounting entries are properly documented and timely. Qualifications
WHAT WE ARE LOOKING FOR Basic Qualifications: Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. OR Combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following: Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements. AND GS-11 Minimum Qualifications: You must have one year specialized experience to perform successfully the duties of the position. To be creditable, specialized experience must have been equivalent to at least the GS-09 grade level in the Federal service performing ALL of the following: Applying 2 CFR 200 and other federal regulations to conduct reviews and support the negotiation of indirect cost rates and cost allocation plans. Analyzing financial information and apply accounting, auditing, and administrative principles to evaluate financial practices of nonprofit organizations, institutions of higher education, and state and local governments. Reviewing, identifying, and resolving issues related to cost allocations, cost transfers, and potential overbillings identified in the reviews. Participating in negotiations with grantee organizations to establish indirect cost rates and cost allocation plans, using technical expertise and effective communication to support agency's position, with occasional guidance from the Branch Chief. Advising management on inconsistent cost patterns and provide policy interpretation and technical assistance to grantees and stakeholders. OR Have a Ph.D. or equivalent doctoral degree or 3 full years of progressively higher-level graduate education leading to such a degree in a field which demonstrates the knowledge, skills, and abilities necessary to perform the work of the position. (Note: You must attach a copy of your transcripts.) OR Have a combination of graduate education and experience that meets 100% of the requirement. GS-12 Minimum Qualifications: You must have one year specialized experience to perform successfully the duties of the position. To be creditable, specialized experience must have been equivalent to at least the GS-11 grade level in the Federal service performing ALL of the following: Applying advanced accounting, auditing, and administrative principles to evaluate financial practices of nonprofit organizations, institutions of higher education, and state and local governments. Leading negotiations with senior officials to address cost-related adjustments, using technical expertise and effective communication to support agency's position. Conducting comprehensive virtual or on-site reviews of Facilities and Administrative Rate proposals and Statewide Cost Allocation Plans to evaluate cost allocation methodologies and ensure costs are properly allocated and billed in compliance with federal regulations Identifying, evaluating, and resolving complex issues involving cost transfers, cost allocations, and potential overbillings in the proposals. Serving as a technical resource and subject matter expert by providing guidance to stakeholders, contractors, and colleagues. GS-13 Minimum Qualifications: You must have one year specialized experience to perform successfully the duties of the position. To be creditable, specialized experience must have been equivalent to at least the GS-12 grade level in the Federal service performing ALL of the following: Serving as a senior technical authority in applying advanced accounting, auditing, and administrative principles to evaluate financial information of nonprofit organizations, institutions of higher education, and state and local governments. Leading and overseeing complex university space reviews, conducted onsite or virtually, to support the negotiation of Facilities and Administrative (F&A) rates. Directing comprehensive onsite or virtual reviews of Statewide Cost Allocation Plans (SWCAPs), ensuring full compliance with federal cost principles and billing requirements. Leading high-level negotiations of indirect cost rates and cost allocation plans with senior officials of the grantee organizations, using technical expertise, sound judgment, and effective communication to support the agency's position. Providing technical guidance and authoritative advice on cost principles and allocation methodologies to stakeholders, grantees, and junior staff members Documenting experience: IN DESCRIBING YOUR EXPERIENCE, PLEASE BE CLEAR AND SPECIFIC. WE WILL NOT MAKE ASSUMPTIONS REGARDING YOUR EXPERIENCE. Qualifications are based on breadth/level of experience. In addition to describing duties performed, applicants must provide the exact dates of each period of employment (from MM/YY to MM/YY) and the number of hours worked per week if part time. As qualification determinations cannot be made when resumes do not include the required information, failure to provide this information may result in disqualification. Applicants are encouraged to use the USAJOBS Resume Builder to develop their federal resume. Do not copy and paste the duties, specialized experience, or occupational application questionnaire from this announcement into your resume as that will not be considered a demonstration of your qualifications for this position. Experience refers to paid and unpaid experience, including volunteer work done through national Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; community; student; social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to gain employment. You will receive credit for all qualifying experience, including volunteer experience. If such experience is on a part-time basis, you must provide the average number of hours worked per week as well as the beginning and ending dates of the experience so it can be fully credited. OPM Qualification General Policies Website
Education
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov. Note: Applications can be accepted from students who expect to complete qualifying education within 9 months from the date of application. Education was completed successfully before the applicant can be appointed. How You Will Be Evaluated
You will be evaluated based on how well you meet the qualifications listed in this announcement. Evaluation will be based on your application materials (such as your resume and supporting documents), your responses to the application questionnaire, and the results of all required assessments. Resume Requirement Your resume must not exceed two (2) pages in length. Basic Qualification Question As part of the application process, you must answer a question addressing whether you meet the Basic Requirement for this position, as described in this announcement. Minimum Qualification Question As part of the application process, you must answer a minimum qualification question addressing whether you meet the Specialized Experience required for this position, as described in this announcement. Your response must be supported by the experience documented in your resume. If your resume does not demonstrate the required Specialized Experience, you may be found not qualified. Assessment Process USA Hire Assessment You are required to complete a USA Hire assessment for this position. The USA Hire Assessments include a cut score based on the minimum level of required proficiency in these critical general competencies. You must meet or exceed the cut score to be considered. You will not be considered for the position if you score below the cut score or fail to complete the assessment. HR Resume Review Human Resource (HR) Specialists will review your resume to determine whether you meet the required Specialized Experience. Applicants who successfully pass all of the assessment(s) may be referred to the Hiring Manager for consideration. You must complete all required steps in the process, including submitting an application and resume and participating in the assessments, to be considered for this position. Additional selections may be made for similar positions across the Department of Health and Human Services (HHS) within the local commuting area(s) of the location identified in this announcement. By applying, you agree to have your application shared with any interested selecting official(s) at HHS. Clearance of CTAP/ICTAP will be applied for similar positions across HHS. PHS Commissioned Corps (CC) Officers: PHS Commissioned Corps (CC) Officers interested in performing the duties of this position within the Commissioned Corps may apply online to this announcement. Candidates will be referred as CC personnel and not as candidates for conversion to a permanent career or career-conditional appointment. For Competitive Merit Promotion and Veterans Employment Opportunities Act (VEOA) Applicants: The highest rated candidates will be referred to the hiring agency. For Noncompetitive Applicants: All qualified candidates will be referred to the hiring agency. Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics): Accountability Arithmetic Arithmetic/Mathematical Reasoning Attention to Detail Customer Service Customer Service Decision Making Flexibility Integrity/Honesty Interpersonal Skills Learning Mathematical Reasoning Reasoning Self-Management Stress Tolerance Teamwork To preview the application questionnaire, click the following link: https://apply.usastaffing.gov/ViewQuestionnaire/13020243 Other Information
THINGS YOU NEED TO KNOW Incentives may be authorized; however, this is contingent upon multiple factors, including funds availability. If authorized, certain incentives may require you to sign a service agreement to remain in the Federal government for a period of up to 3 years. Note: This statement does not imply nor guarantee an incentive will be offered and paid. Incentives may include the following: moving expenses, recruitment or relocation incentive; student loan repayment, superior qualifications appointment, creditable service for annual leave for prior non-federal work experience or prior uniformed military service, etc. Bargaining Unit Position: Yes Research position: No Drug Screening Required: No Applicants selected for this position will be subject to reasonable suspicion and post-accident drug testing upon hiring. Special Hiring Authorities for Veterans - https://www.usajobs.gov/Help/working-in-government/unique-hiring-paths/veterans/ Special Hiring Authorities for Military Spouses - https://www.usajobs.gov/Help/working-in-government/unique-hiring-paths/military-spouses/ People With Disabilities (Schedule A) - https://help.usajobs.gov/index.php/Individuals_with_Disabilities Career Transition Assistance Program/Interagency Career Transition Assistance Program (CTAP/ICTAP): For information on how to apply as an CTAP/ICTAP eligible see http://opm.gov/rif/employee_guides/career_transition.asp#ictap. To be well-qualified and exercise selection priority for this vacancy, displaced Federal employees must be rated at 85.0 or above on the rating criteria for this position. Reemployment Priority List (RPL): To receive selection priority for this position, individuals on the RPL must meet the qualification requirements, complete all required assessments and be rated as qualified. RPL candidates are ranked using Category Rating procedures. Beginning January 1, 2010, agencies must seek prior approval from OPM before they can appoint a current or recent political appointee to a competitive or non-political excepted service position at any level under the provisions of title 5, United States Code. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or Non-career SES employee in the executive branch, you MUST disclose that to the Human Resources Office. For Résumé Tips visit: https://www.youtube.com/watch?v=8YX7o1PBoFk For Application Tips visit: https://www.youtube.com/watch?v=bqYkibnuiJU For additional information about USAJOBS visit the Help Center: https://www.usajobs.gov/Help/
How this job compares
Set against the 3,370 open Accountant jobs on Olive Jobs, counted November 2, 2026.
- Pay
- This posting$85–158K/yr
- Washington, D.C. median$117–161K/yr24 salary ranges
- US median$76–100K/yr997 salary ranges
This range's midpoint, $122K, is 11% below the Washington, D.C. median midpoint ($137K) — in the middle half of Accountant salary ranges in Washington, D.C..
- Openings
- Olive Jobs lists 35 open Accountant jobs in Washington, D.C. and 3,370 across the US. 4% of them nationwide are listed as remote or flexible.
- Hiring the most in Washington, D.C.
- Anduril7 open
- Robert Half Finance & Accounting3 open
- Office of Finance and Operations2 open
- Experience
- This posting asks for at least 1 year of experience — less than three in four Accountant postings that state a minimum ask for (median 3 years, across 2,225 postings).
- Education
- 1,815 of the 3,370 open Accountant jobs (54%) ask for a bachelor's degree or higher.
Counted across the open, public US postings on Olive Jobs on November 2, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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