Federal Cost & Financial Analyst

Job Description

Job Description

Company Overview

K.L. Scott & Associates (KLSA) is a mission-driven management and technology consulting firm that partners with public-sector organizations to modernize operations, strengthen data and AI capabilities, and deliver measurable impact. KLSA combines strategic advisory services with hands-on delivery; bringing product leadership, secure data engineering, systems integration, and user-centered design to help clients translate complex requirements into scalable, high-quality solutions.

Federal Cost & Financial Analysts

KL Scott and Associates is seeking several Federal Cost & Financial Analysts . We are seeking qualified professionals across all experience levels (Junior, Mid-Level, Senior, and Lead/Project Manager) to support Federal financial management engagements focused on indirect cost rate analysis, cost allocation, and compliance with 2 CFR Part 200 (Uniform Guidance). This role supports mission-critical work requiring analytical rigor, audit-ready documentation, and the ability to operate in a high-volume, time-sensitive environment.

Core Responsibilities (All Levels)

• Perform financial analysis aligned with Federal cost principles (2 CFR Part 200)
• Support review and validation of indirect cost rates, fringe rates, and cost allocation plans
• Analyze financial statements, cost pools, and allocation bases to assess allowability, allocability, and reasonableness
• Prepare audit-ready documentation, reconciliation workpapers, and supporting analyses
• Utilize Microsoft Excel and financial tools for data analysis and modeling
• Maintain documentation sufficient for Federal review, audit, and compliance
• Collaborate with internal teams and Government stakeholders
• Operate in a high-volume, deadline-driven environment
• Obtain and maintain required HHS security clearance/credentials

Level-Based Expectations

Junior Accountant (Entry-Level)

• Provide analytical and administrative support
• Perform data analysis, reconciliations, and documentation
• Apply foundational accounting knowledge

Qualifications:

• Bachelor's degree (Accounting, Finance, or related)
• 1+ year experience
• Basic accounting and financial analysis knowledge
• Strong attention to detail and organization

Mid-Level Accountant

• Conduct detailed financial analysis and reconciliations
• Support indirect cost and financial reviews
• Analyze audited financial statements

Qualifications:

• Bachelor's degree
• 3+ years experience
• Experience in auditing, financial analysis, or cost accounting
• Working knowledge of 2 CFR Part 200

Senior Accountant

• Lead complex analyses and financial reviews
• Support negotiation of indirect cost rates and allocation plans
• Identify compliance risks and financial issues

Qualifications:

• Bachelor's degree
• 5+ years experience
• Strong knowledge of 2 CFR Part 200, GAAP, and Federal cost principles
• Experience with reconciliation workpapers and stakeholder coordination

Lead / Project Manager (Accounting Manager)

• Provide overall contract oversight, quality assurance, and Government coordination
• Manage teams, assign work, and ensure timely, high-quality deliverables
• Lead complex Federal cost accounting engagements

Qualifications:

• Bachelor's degree (CPA or advanced degree preferred)
• 8+ years Federal cost accounting experience
• Expertise in 2 CFR Part 200, GAAP, and Federal financial management
• Strong leadership and executive communication skills

Required Capabilities (All Levels)

• Proficiency in Excel and financial analysis tools
• Experience supporting financial transparency and audit readiness
• Ability to work in a fast-paced, high-volume environment
• Strong analytical, communication, and documentation skills
• Good attention to detail and organizational skills

Benefits:

• Competitive salary
• Health, dental, and vision insurance
• 401K
• "Discretionary" PTO
• Professional development opportunities
• A dynamic and collaborative work environment

Working Conditions:

• This position may require travel as needed.
• Some projects may require working extended hours to meet project deadlines.

If you are a results-driven professional and have the above qualifications, we encourage you to apply for this role. Join our team and contribute to our continued growth and success.  To apply, please send your resume and a cover letter detailing your relevant experience and why you are the ideal candidate for this role.

K.L. Scott & Associates is committed to diversity and inclusion and welcomes candidates from all backgrounds and experiences to apply. We thank all applicants for their interest, but only those selected for an interview will be contacted.