LufCo · 4 days ago
Accounting & Purchasing Specialist
Aberdeen, MD
Full-time
Onsite
Mid Level
$55K/yr - $100K/yr
3+ years expLufCo is a company focused on defense technology integration, and they are seeking an Accounting & Purchasing Specialist to support financial health and supply chain integrity. The role involves managing project accounting and procurement while ensuring compliance with government regulations.
AnalyticsAppsIT ManagementSoftwareSoftware Engineering
No H1B
Security Clearance RequiredU.S. Citizen Only
Responsibilities
Perform precise project accounting, ensuring costs are allocated correctly to specific Contract Line Item Numbers (CLINs/SLINS/ACRNs/WOs) and projects
Process vendor invoices with a focus on 3-way matching and proper coding to allowable/unallowable cost pools. Prepare complex government billings (e.g., WAWF - Wide Area Workflow) for Cost-Plus, T&M, and Firm Fixed Price contracts
Audit and process employee timesheets to ensure accurate labor charging against government contracts (a primary DCAA audit focus)
Maintain the fixed asset sub-ledger, calculating monthly depreciation schedules and tracking the lifecycle of capital equipment from acquisition to disposal in accordance with GAAP
Monitor WIP accounts for ongoing integration projects. Ensure material and labor costs are properly accumulated and transferred to Cost of Goods Sold (COGS) or billed upon milestone completion
Administer the property management system to include tracking Government Furnished Equipment (GFE) and Contractor Acquired Property (CAP), overseeing inventory management, and conducting periodic audits to ensure system accuracy
Assist in month-end closing procedures, including bank reconciliations, accruals, and variance analysis
Assist in preparing Incurred Cost Submissions (ICS) and gather documentation for provisional billing rate audits and floor checks
Source electronic components, IT hardware, and specialized technology integration services
Issue and manage Purchase Orders (POs), ensuring all required Government Flow-Down Clauses (e.g., Buy American Act, TAA Compliance) are included
Perform and document price reasonableness analysis for purchases over the micro-purchase threshold to satisfy CPSR (Contractor Purchasing System Review) requirements
Vet new vendors for exclusions (SAM.gov checks), counterfeit parts risk, and supply chain security
Track government-furnished property (GFP) and contractor-acquired property according to FAR Part 45
Maintain up-to-date knowledge of FAR, DFARS, and ITAR (International Traffic in Arms Regulations) as they pertain to procurement and accounting
Maintain rigorous documentation trails for all transactions to support potential audits up to 3–7 years post-contract
Qualification
Required
Bachelor's degree in Accounting, Finance, Supply Chain Management, or Business Administration
3–5 years of experience in a similar role, specifically within the Government Contracting (GovCon) or Aerospace/Defense industry
FAR/DFARS Knowledge including, but not limited to, understanding of allowable vs. unallowable costs (FAR Part 31) and government purchasing rules
Advanced skills in Sheets/Excel (VLOOKUPs, Pivot Tables) for analyzing project costs and pricing data
Proficiency with GovCon-specific ERP systems (e.g., Procas, Deltek Costpoint, Unanet)
Ability to communicate financial constraints to technical engineers and program managers effectively
Ability to travel as required
Preferred
Experience with automation, work flow development and API integration is highly desirable
Benefits
Paid Time Off
401K Contribution and Employer Match Contributions
Medical, Dental, and Vision Coverage
Company
LufCo
LufCo provides software engineering and analytic resources for commercial sectors.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Heather Lufburrow
President & CEO
Company data provided by crunchbase