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Controller/Corporate Accountant

Controller/Corporate Accountant

Job ID 
Job Locations 
US-VA-Virginia Beach
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Regular Full-Time
Eligibility for Security Clearance Required 

More information about this job


The GBS Group, an engineering services and consulting firm, is seeking a Controller/Corporate Accountant for our Virginia Beach office. The GBS Group is a commercial and government engineering services contractor with a variety of contract types. Our Headquarters is located within 10 miles of the Virginia Beach resort area and downtown Norfolk’s Waterside District and includes a 24x7 Operational Support Center monitoring all client installations in North America as well as a world class lab with configurations of all client hardware and software systems.

Responsibilities include but are not limited to

  • Manage and oversee Accounting staff.
  • Oversee and monitor payroll processing and implementation of employee benefit contributions and payments.
  • Manage and oversee revenue recognition working closely with Director of Contracts and Lead Project Controller for reporting of project and company financials.
  • Develop financial statements and reports for upper management utilizing Generally Accepted Accounting Principles (GAAP).  
  • Issue timely and complete financial statements; calculate and issue financial and operating metrics.
  • Maintain and control general ledger accounts.
  • Maintain an orderly accounting filing system and a documented system of accounting policies and procedures.
  • Maintain a system of controls over accounting transactions.
  • Perform periodic bank and credit card reconciliations.
  • Review and process expense reports, including reconciliation of company paid expenses.
  • Oversee Cash Management; enter journal entries, verify and enter transactions, process fixed asset procedure, process and verify direct/indirect costs procedure.
  • Prepare DCAA provisional rates and Incurred Cost Proposal annually.
  • Manage accounts receivable, ensuring accounts receivable are collected promptly.
  • Process accounts payable, monitor debt levels, compliance with debt covenants and ensure required debt payments are made on a timely basis.
  • Process tax payments and reports, including foreign tax payments; comply with local, state, and federal government reporting requirements and tax filings.
  • Prepare corporate annual report; recommend benchmarks against which to measure performance of company operations.
  • Calculate variances from the budget and report significant issues to management.
  • Provide financial analysis as needed, in particular for capital investments, pricing decisions, and contract negotiations.
  • Support external accounting firm with share valuation, and preparation of corporate federal and state tax filings.
  • Assist with payroll processing, internal and external audits, budget development, review and analysis.
  • Monitor debt levels and compliance with debt covenants.


Candidates for this position must possess the following professional experience and qualifications:

  • Bachelor’s Degree in Accounting with at least 7 years of progressively responsible accounting experience.
  • CPA is required.
  • Ability to obtain and maintain a secret clearance.

Desired Characteristics:

  • Experience with government contract accounting.
  • Experience with ERP systems, Microsoft Dynamics NAV.
  • Experience with managing processes, developing standards and procedures, audit procedures, developing and managing budgets, developing and analyzing financial reports.
  • Proficient in Microsoft Office applications, and possesses excellent communications and people skills.
  • Knowledge of Federal Acquisition Regulations (FAR), Joint Travel Regulations (JTR), Cost Accounting Standards (CAS), and General Accepted Accounting Principles (GAAP).
  • Experience in government contracting, multi-company transaction processing and international transactions.

EEO Statement

The GBS Group is proud to be an equal opportunity employer. We pledge equal access to employment, facilities, and programs, regardless of race, color, religion, sex/gender, sexual orientation, national origin, age, disability, marital or familial status, pregnancy, veteran status, genetic information, or any other characteristic protected by law.