Defense Contract Auditor Job Description [Updated for 2025]

In the modern era of defense and security, the role of a Defense Contract Auditor has never been more crucial.

As threats evolve and budget constraints tighten, there’s a growing demand for skilled professionals who can effectively audit defense contracts, ensuring maximum efficiency and transparency.

But what’s really expected from a Defense Contract Auditor?

Whether you are:

• A job seeker attempting to comprehend the intricacies of this role,
• A hiring manager delineating the perfect candidate,
• Or simply fascinated by the complex nature of defense contract auditing,

You’re in the right place.

Today, we present a customizable Defense Contract Auditor job description template, designed for easy posting on job boards or career sites.

Without further ado, let’s delve into it.

Defense Contract Auditor Duties and Responsibilities

Defense Contract Auditors perform a range of tasks related to financial analysis and contract assessment within the defense industry.

They are primarily responsible for directly examining defense contracts and ensuring financial integrity and compliance with regulations.

The daily duties and responsibilities of a Defense Contract Auditor include:

• Reviewing and evaluating defense contracts for adherence to financial regulations and principles
• Analyzing financial data, records, cost proposals, and invoices of defense contractors
• Carrying out audits to verify the accuracy of contractor’s financial statements and cost data
• Ensuring compliance with contract terms, government regulations, and accounting standards
• Documenting audit findings and preparing detailed audit reports
• Assisting in negotiation of contract terms and prices
• Advising contracting officers on financial matters and contract compliance
• Maintaining up-to-date knowledge of government regulations, audit standards, and accounting principles

 

Defense Contract Auditor Job Description Template

Job Brief

We are seeking a diligent Defense Contract Auditor to examine and assess the financial records and operational aspects of defense contracts.

The Defense Contract Auditor will be responsible for ensuring compliance with legal, contractual, and company policies, identifying irregularities and recommending corrective action where necessary.

Our ideal candidate will have a keen eye for detail, strong analytical skills, and a deep understanding of audit procedures and regulations specific to the defense industry.

 

Responsibilities

• Conduct thorough examinations of defense contract financial records
• Verify contract compliance with legal, contractual, and company standards
• Identify and report on financial irregularities or inconsistencies
• Prepare detailed reports on audit findings
• Recommend changes in financial systems and controls
• Manage and monitor the implementation of corrective action plans
• Maintain up-to-date knowledge of auditing standards and defense contract regulations
• Collaborate with team members and management to achieve audit objectives

 

Qualifications

• Proven experience as an auditor, preferably in the defense industry
• Advanced knowledge of auditing standards and procedures, laws, rules, and regulations
• Excellent analytical skills with an attention to detail
• Strong computer skills and proficiency in relevant software
• Excellent written and verbal communication skills
• Ability to work independently and as part of a team
• Bachelor’s degree in Accounting, Finance, or a related field
• Certification as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or similar is preferred

 

Benefits

• 401(k) plan with company match
• Comprehensive health, dental, and vision insurance
• Generous paid time off and holiday schedule
• Continuing education and professional development opportunities
• Potential for travel and exposure to various defense industry operations

 

Additional Information

• Job Title: Defense Contract Auditor
• Work Environment: This position will be largely office-based, with some potential for travel to contract sites. The candidate may also have the option to work remotely.
• Reporting Structure: Reports to the Audit Manager or Director of Audit.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $75,000 minimum to $120,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Defense Contract Auditor Do?

A Defense Contract Auditor primarily works for the government, specifically the Department of Defense (DoD).

They can also be employed by private auditing firms that work on DoD contracts.

Their main role is to review, investigate, and analyze defense contractors’ proposals, cost estimates, and financial records to ensure they comply with federal laws and regulations.

They use a range of investigative techniques, like interviews and document reviews, to gather information.

They then analyze this data to assess whether the defense contractor’s costs are reasonable, allowable, and allocable according to government contract regulations.

A key part of their role is to identify any discrepancies or irregularities in the cost proposals or financial records of defense contractors.

They may also be called upon to provide expert advice on the resolution of audit findings and cost disputes between the government and defense contractors.

Defense Contract Auditors also play a crucial role in preventing and detecting fraud, waste, and abuse in defense contracts.

They work closely with other government officials and defense contractors to maintain transparency and ensure taxpayer money is used effectively and efficiently.

Finally, they compile detailed reports outlining their findings and recommendations, which are used to guide decision-making processes relating to defense contracts.

 

Defense Contract Auditor Qualifications and Skills

A defense contract auditor should have the skills and qualifications that align with the job description, including:

• Strong knowledge of defense contracting laws, regulations, and procedures, as well as financial and auditing principles.
• Excellent analytical skills to review and evaluate complex financial systems and records of defense contractors.
• Ability to communicate effectively, both orally and in writing, to present audit findings and recommendations to stakeholders.
• A keen eye for detail to ensure accuracy in all audit processes and reports.
• Strong problem-solving skills to identify, investigate, and resolve audit-related issues.
• Ability to work under pressure and meet tight deadlines without compromising the quality of work.
• Advanced proficiency in auditing software and other computer applications related to the job.
• Interpersonal skills to work effectively with colleagues, superiors, and defense contractors.
• Integrity and professional ethics, as they will handle sensitive financial information.
• Bachelor’s degree in Accounting, Finance, or a related field. Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) certification may also be required.

 

Defense Contract Auditor Experience Requirements

Entry-level Defense Contract Auditors are typically required to have a Bachelor’s degree in a related field such as Accounting, Business Administration, or Finance.

They should possess a basic understanding of the principles and practices of government contract auditing.

Candidates with 1-2 years of experience may have gained this through internships or entry-level roles in the financial sector or government agencies.

Previous experience in analyzing and reviewing contracts, or even other audit-related roles, can be beneficial.

Mid-level Defense Contract Auditors, typically with 3-5 years of experience, will have developed their auditing skills and contract comprehension through roles in auditing firms or federal agencies.

They are often required to have a good understanding of Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS).

Senior Defense Contract Auditors, with over 5 years of experience, should have a significant background in overseeing contract compliance, conducting audit investigations, and managing audit teams.

They may also have gained specialized certifications such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Certified Fraud Examiner (CFE).

In addition to these experience requirements, Defense Contract Auditors should possess strong analytical, problem-solving, and communication skills.

They should also be able to work independently and maintain a high level of professional integrity and confidentiality.

 

Defense Contract Auditor Education and Training Requirements

Defense Contract Auditors typically need a bachelor’s degree in business, accounting, finance, or a closely related field.

The coursework should ideally cover areas such as cost accounting, business law, economics, and finance management.

Knowledge of government procurement and contract law can also be beneficial in this role.

Defense Contract Auditors need to have strong analytical and mathematical skills.

Familiarity with accounting software and databases is also crucial.

Some employers may require a Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) certification.

These certifications ensure that the auditor has a comprehensive understanding of auditing principles and practices.

Certain positions may require a master’s degree in business administration (MBA) or accounting.

This advanced degree can be beneficial for understanding complex financial systems and management practices, which are often a part of defense contracts.

Ongoing training is usually needed, as rules and regulations regarding government contracts change frequently.

Thus, a commitment to continuous learning and staying updated with the latest industry trends and regulatory changes is essential for this role.

Finally, depending on the nature of the work, a security clearance may be needed.

This involves a thorough background check to ensure that the individual can be trusted with sensitive information.

 

Defense Contract Auditor Salary Expectations

A Defense Contract Auditor earns an average salary of $77,628 (USD) per year.

The actual income can vary greatly depending on factors such as years of experience, certifications, and the specific location of employment.

 

Defense Contract Auditor Job Description FAQs

What skills does a Defense Contract Auditor need?

A Defense Contract Auditor must possess strong analytical and problem-solving skills to thoroughly review and evaluate defense contracts.

They should have excellent attention to detail for identifying any discrepancies or irregularities in contract documents.

Furthermore, good communication skills are essential to explain complex auditing processes to non-finance personnel and to liaise effectively with various stakeholders.

 

Do Defense Contract Auditors need a degree?

Yes, Defense Contract Auditors typically need a bachelor’s degree in a field such as accounting, finance, or business administration.

Some employers may prefer candidates with a master’s degree or a Certified Public Accountant (CPA) designation.

Defense Contract Auditors need knowledge about government contracting and regulations, so taking related courses or acquiring relevant certifications can be beneficial.

 

What should you look for in a Defense Contract Auditor resume?

When reviewing a Defense Contract Auditor resume, look for a strong background in auditing, preferably within the defense industry.

A candidate should have a degree in a relevant field and any additional certifications like CPA or Certified Internal Auditor (CIA).

Experience with government contracts and familiarity with the Federal Acquisition Regulation (FAR) is crucial.

Proficiency in using auditing software and knowledge of cost accounting standards would also be advantageous.

 

What qualities make a good Defense Contract Auditor?

A good Defense Contract Auditor is ethical, objective, and maintains a high degree of professional skepticism.

They must be meticulous and detail-oriented to identify errors or fraud in defense contracts.

Strong analytical skills are important to interpret complex financial data and contract terms.

Additionally, they must have excellent time management skills to handle multiple audits simultaneously and meet deadlines.

 

Is it challenging to hire Defense Contract Auditors?

Hiring a Defense Contract Auditor can be challenging due to the specialized skills and knowledge required for this role.

Candidates must not only have strong auditing and accounting skills, but also have a deep understanding of government contracting processes and regulations.

Therefore, employers may need to offer competitive remuneration packages and career development opportunities to attract qualified candidates.

 

Conclusion

And there we have it.

Today, we’ve unraveled the complexities of what it means to be a defense contract auditor.

Guess what?

It’s not just about reviewing contracts.

It’s about safeguarding our nation’s resources and ensuring optimal performance, one contract at a time.

With our comprehensive defense contract auditor job description template and real-world examples, you’re fully equipped to make your move.

But why stop at just being prepared?

Take a deeper dive with our job description generator. It’s your go-to tool for creating pinpoint-accurate listings or refining your resume to stand out in the crowd.

Remember:

Each contract review is a vital piece of a larger, national defense puzzle.

Let’s secure the future. Together.

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