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Contract Cost Specialist

Expired Job

Department Of Defense Huntsville , AL 35801

Posted 4 months ago

  • Videos

  • Duties

HelpDuties Summary

About the Position: Incumbent will prepare review plans for comprehensive examination of Ordnance and Explosives Directorate contracts as well as make recommendations on acquisitions and contracts by providing expert advice on the interpretation of Government contract cost accounting regulations as they relate to the Federal Acquisition Regulations.

Learn more about this agency


  • Review contract proposals and invoices for compliance with the requirements of Federal Acquisition Regulation Part 31, Contract Cost Principles and Procedures.

  • Review contract proposals and invoices for compliance with the requirement of Federal Acquisition Regulation Part 42, Contract Administration and Audit Services, as well as Cost Accounting Standards and Generally Accepted Accounting Principles.

  • Coordinate with the Contracting Officer Representative and Contracting Officer to document inconsistencies and coordinate with the contractor to facilitate corrections.

  • Implement administrative procedures for contract close-out to include soliciting, receipt, and review of contract closeout documentation.

  • Facilitate the requirements and receipt of contractor?s annual incurred cost submission as well as work with the Defense Contract Audit Agency to facilitate the review of Disclosure Statements.

Travel Required
25% or less - You may be expected to travel for this position up to 15% of the time away from permanent duty location.

Supervisory status


Promotion Potential

  • Job family (Series)
    1101 General Business And Industry

  • Requirements

HelpRequirements Conditions of Employment

  • Position requires a back ground investigation to determine suitability.


Who May Apply: Only applicants who meet one of the employment authority categories below are eligible to apply for this job. You will be asked to identify which category or categories you meet, and to provide documents which prove you meet the category or categories you selected. See Proof of Eligibility for an extensive list of document requirements for all employment authorities.

  • Current Department of Army Civilian Employees

  • Interagency Career Transition Assistance Plan

  • Priority Placement Program (PPP), Program S (Military Spouse) registrant

  • Veterans Employment Opportunity Act (VEOA) of 1998

In order to qualify, you must meet the experience requirements described below. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student; social). You will receive credit for all qualifying experience, including volunteer experience. Your resume must clearly describe your relevant experience; if qualifying based on education, your transcripts will be required as part of your application. Additional information about transcripts is in this document.

Specialized Experience: One year of specialized experience which includes providing advice on the interpretation of government regulations used in the procurement and administration of cost-type contracts, including the Federal Acquisitions Regulations (FAR), Generally Accepted Accounting Principles (GAAP), and Cost Accounting Standards regulations (CAS). Prepare review plans for the comprehensive examination of contracts and Utilize FAR Part 31 (Contract Cost Principles and Procedures), 48 CFR 9903 and 48 CFR 9904 (Cost Accounting Standards) and FAR part 42 (Contract Administration and Audit Services) in the review of invoices, contractor's disclosure statements, and contractor's incurred cost submissions to determine regulatory compliance.. This definition of specialized experience is typical of work performed at the next lower grade/level position in the federal service (GS-12).

Some federal jobs allow you to substitute your education for the required experience in order to qualify. For this job, you must meet the qualification requirement using experience alone--no substitution of education for experience is permitted.

You will be evaluated on the basis of your level of competency in the following areas:

  • Contracting/Procurement

  • Contracting/Procurement

  • Oral Communication

Time in Grade Requirement: Applicants who have held a General Schedule (GS) position within the last 52 weeks must have 52 weeks of Federal service at the next lower grade or equivalent (GS-12).


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Contract Cost Specialist

Expired Job

Department Of Defense