Position :
Senior Cost Accountant
Location : Sylmar, CA
Job Id : 493
# of Openings :
Senior Cost Accountant
Title :
Senior Cost Accountant
Job Family : Finance
Reports to : Assistant Controller
FLSA Status
Exempt
EEOC Class : Professional
Summary
Under supervision of the Assistant Controller, this position performs a wide variety of duties related to inventory valuation, certified cost and pricing proposal development, TINA rate creation / maintenance and management reporting. This position requires an analytical mindset, innovation, and judgment with strong and creative problem-solving skills. An understanding of inventory valuation in accordance with US GAAP and FAR regulations is necessary, along with maintaining a strong internal control environment.
Position Duties
Essential functions of the position include, but are not limited to :
- Perform inventory valuation steps as part of normal close process including reconciliations, valuation analysis, post journal entries, and prepare financial reports
- Calculate inventory reserves including excess & obsolete, quarantine / aging inventory reserves, lower of cost / net realizable value and period end cutoff
- Maintain processes and controls related to inventory including development of annual cycle count plan
- Develop / maintain TINA compliant rates and support TINA audits
- Develop proposals for certified cost and pricing contracts
- Calculate overhead rates for manufacturing use
- Monitor production order costs and analyze variances and exception reports
- Investigate data and current cost allocation methodology to eliminate waste, driving improvement in working capital, processes, and cost
- Develop comprehensive reporting and analytical solutions within business intelligence tools such as Power BI
- Designing and implementing dashboards, creating detailed financial and operational reports, and providing actionable insights to support decision-making processes
- Collaborate with cross-functional teams to identify key performance indicators (KPIs) and ensure data accuracy and integrity
Other Duties :
Complete special projects, as assignedAssist in support of internal, external, SOX, and DCAA auditsMaintain the highest ethical standards, even when challenged from aboveOther duties as assignedRequired Qualifications & Experience :
Prior experience as a cost accountant working in a complex manufacturing environmentStrong understanding of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and Truth in Negotiations Act (TINA) in support of government contract awardsPreferred Qualifications & Experience :
CPA or CMA certification is highly desirablePrior experience in Aerospace manufacturing companyKnowledge in ERP systems such as Infor LNDevelopment / Creation of financial reporting dashboards within BI tools (ex. Power BI)Physical Demands
While performing the duties of this job, the employee is regularly required to stand, sit; talk, hear, and use hands and fingers to operate a computer and telephone keyboard reach, stoop kneel to install computer equipmentSpecific vision abilities required by this job include close vision requirements due to computer workLight to moderate lifting is requiredAbility to uphold the stress of working in a busy and demanding officeRegular, predictable attendance is required; Esp during month / quarter and annual financial plan preparationOthers
This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. A U.S. person is defined as any individual who is granted U.S. citizenship, U.S. permanent residence (Green Card holder), or status as a "protected person" under 8 U.S.C 1324b(a)(3).
Mason prohibits discrimination or harassment based on the following categories : race, color, religion, religious creed (including religious dress and grooming practices), national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender, gender identity, gender expression, age (40 years and over), sexual orientation, veteran and / or military status, protected medical leaves (requesting or approved for leave under the Family and Medical Leave Act or the California Family Rights Act), domestic violence victim status, political affiliation, and any other status protected by state or federal law.
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