Staff Accountant, Revenue Recognition

ICF is currently seeking an experienced, dynamic, results-oriented Revenue Recognition Staff Accountant. We are looking for an energetic, team player with an interest in revenue recognition.  ICF is an excellent, fast-paced working environment where you will have an opportunity to work across dynamic teams throughout the company. The Revenue Recognition Staff Accountant role will report to the Revenue Compliance Manager.

This individual will support the revenue recognition team in many ways including analytics and other ad-hoc functions.  The Staff Accountant will also provide support with due diligence activities related to new contracts and contract modifications and is expected to quickly get up to speed on the entire revenue cycle process. This position is full-time and based at ICF’s Headquarters office in Reston, VA.  This position is a hybrid role, with expectations of 1-2 days a week working from the Reston office.

Key Responsibilities:

• Prepare for and participate in monthly revenue meetings and review of monthly revenue which consists of analytical review of monthly revenue trends

• Prepare and maintain supporting revenue accounting documentation, including revenue accounting checklists and spreadsheets for all new and existing projects

• Perform review of quarterly Estimates at Completion, reviewing the forecast and trends prepared by the Business Finance team and ensuring reasonableness of assumptions

• Support leadership in working with internal and external auditors to ensure compliance of quarterly revenue accounting and facilitate year-end financial audit request

• Aid Director and Managers to implement company-wide revenue accounting procedures and practices to ensure compliance with ASC 606

• Provide support and analytics to help leadership in Revenue and across ICF make better decisions regarding revenue recognition

• Prepare monthly and quarterly reports for dissemination to Operations

• Track metrics on new setups, modifications and other outstanding SOX deliverables from CMS and Cognos

• Data entry of manual revenue adjustments into Costpoint

Basic Qualifications:

• BA/BS in Accounting, Finance, or related degree

• 2+ years of experience with accounting and financial reporting, preferably working with government contractors or a global public company

• Knowledge of ASC 606 principles

Preferred Skills/Experience:

• Active CPA preferred or CPA candidate

• Experience in revenue recognition for various contract types (Cost Plus, T&M, FPLOE and FP) a plus (not required)

• 1-3 years of public accounting experience preferred.  

• Experience with major ERP system preferred (Oracle, SAP, Netsuite, Deltek/Costpoint)

• Experience reviewing/analyzing Estimates at Completion (EAC’s)

• SOX process experience

Professional Skills

• Detail oriented and strong documentation skills with the ability to handle multiple tasks

• Proven excel and analytical skills

• Excellent inter-personal skills required

Working at ICF

We can only solve the world's toughest challenges by building a workplace that allows everyone to thrive. We are an equal opportunity employer. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our EEO policy.

We will consider for employment qualified applicants with arrest and conviction records.

Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation, please email Candidateaccommodation@icf.com and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent  to provide needed reasonable accommodations.  

Read more about workplace discrimination rights or our benefit offerings which are included in the Transparency in (Benefits) Coverage Act. 

At ICF, we are committed to ensuring a fair interview process for all candidates based on their own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. This policy is in place to maintain the integrity and authenticity of the interview process.  

However, we understand that some candidates may require accommodation that involves the use of AI. If such an accommodation is needed, candidates are instructed to contact us in advance at candidateaccommodation@icf.com. We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed.  

Pay Range - There are multiple factors that are considered in determining final pay for a position, including, but not limited to, relevant work experience, skills, certifications and competencies that align to the specified role, geographic location, education and certifications as well as contract provisions regarding labor categories that are specific to the position.

The pay range for this position based on full-time employment is: