Cost Accountant

  • Contract

Company Description

Incorporated in 1997 and based in Troy-Michigan, Excyl is a full service recruiting firm specializing in the placement of Technology (IT), Engineering, Clerical and Light Industrial professionals

Job Description

Overview

 

The Cost Accountant ensures the integrity of federal grant expenditures by evaluating cost allocation methodologies, validating financial data, and ensuring compliance with 2 CFR Part 200 and client requirements. This role supports sound financial stewardship across hospitals, universities, tribal governments, and non‑profits.

 

Key Responsibilities

  • Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs).
  • Validate that costs are:
  • Allowable and reasonable
  • Properly documented
  • Compliant with federal grant requirements
  • Reconcile cost data with financial statements, budgets, and supporting records.
  • Identify and exclude unallowable costs from calculations.
  • Assist in evaluating cost distribution methods across multiple programs.
  • Support preparation of financial reports, findings, and recommendations.
  • Maintain accurate spreadsheets, tracking tools, and financial records.
  • Collaborate with internal teams and external stakeholders (including grant recipients).
  • Familiarity with federal cost principles, internal controls, and risk assessment.
  • Experience with federal audits (Single Audit, OIG, GAO).
  • Provide basic guidance on cost allocation and grant compliance.
  • Federal Government experience is mandatory.

Education

  • Bachelor’s degree in Accounting, Finance, or related field required.
  • CPA not required.

Qualifications & Required Experience

  • 7+ years of experience in accounting, finance, or grants management.
  • Hands-on experience with direct and indirect cost allocation.
  • Experience working with or supporting grant requests from:
  • Hospitals
  • Universities
  • Tribal entities
  • Non-profit organizations
  • Understanding of federal grant regulations (2 CFR Part 200)
  • Knowledge of GAAP and basic cost accounting principles.
  • Strong Excel, this includes pivot tables, lookups, data validation, and error‑checking. and data analysis skills.
  • Experience with financial systems (UFMS, PMS, GrantSolutions, or similar).
  • Good attention to detail and organizational skills.
  • Understanding of grant requests from hospitals, universities, tribal entities, and non-pofits.
  • Direct and indirect cost allocation.
  • Federal Government experience is mandatory.

Additional Information

All your information will be kept confidential according to EEO guidelines.

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