About the Company
VAAS Professionals is a Management & Consulting Firm looking for top-quality talent to join our growing team. We are an equal opportunity employer with a workplace culture built on mutual respect, teamwork, diversity, inclusion, and a desire for continuous career progression.
We serve a diverse portfolio of clients across the commercial, government, and nonprofit sectors. Our culture is built on integrity, collaboration, continuous learning, and a deep commitment to delivering high‑quality results.
We are seeking an experienced Cost Accountant who ensures the integrity of federal grant expenditure by evaluating cost allocation methodologies, validating financial data, and ensuring compliance with 2 CFR Part 200 and HHS requirements and federal cost principles. This role plays a critical part in supporting strong financial stewardship across hospitals, universities, tribal governments, and nonprofit organizations.
Employment is contingent on passing a mandatory Background Investigation. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Total compensation and benefits consist of:
Competitive Salary
Group Health Plan Benefits: Health, Dental, and Vision
Life Insurance, STD & LTD
401(K) with employer match
Flexible Paid Time Off and Parental Leave
Tuition Reimbursement
About the Role
Job Responsibilities include but are not limited to:
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)
Provide basic guidance on cost allocation and grant compliance
Requirements
Bachelor’s degree in Accounting, Finance, or related field required; CPA is not required
3–5 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 federal grant regulations (2 CFR Part 200 preferred)
Knowledge of GAAP and basic cost accounting principles
Familiarity with federal cost principles, internal controls, and risk assessment
Experience with federal audits (Single Audit, OIG, GAO)
Strong Excel includes pivot tables, lookups, data validation, and error checking. and data analysis skills
Experience with financial systems such as UFMS, PMS, GrantSolutions, or similar
Strong attention to detail, organization, and analytical skills
Preferred Skills
Experience with Cost Allocation Plans or indirect rate calculations
Experience with grants management or financial systems
Ability to analyze financial data and clearly communicate findings
Strong communication and teamwork skills
Ability to manage multiple assignments in a compliance-driven environment
Exposure to federal financial management standards (OMB Circulars, HHS Grants Policy Statement)