Project Accountant / Aerospace Industry

Job Title : Project Accountant

Our client is a multinational aerospace and defense corporation that designs, develops, and manufactures aircraft engines, helicopter engines, spacecraft propulsion systems, and other aerospace and military equipment.

Responsibilities

• Reconcile project transactions across business systems to ensure accuracy, consistency, and reliability of project financials and accounting data.
• Review and ensure proper accounting coding within the company accounting system.
• Participate and support the Controller for the period-end closing related to programs or projects.
• Support accounts payable and receivables reviews, approvals, and reconciliations related to projects.
• Work with the supply chain to track procurement planning and execution accurately.
• Validate all Labor data, hours, and rates to perform accruals for labor costs accurately.
• Assess, validate, and record appropriate journal entries to continuously maintain Projects Contract Schedule (Revenue, Costs, margins).
• Reconcile project-related financial discrepancies by collecting and analyzing account information.
• Responsible for preparing monthly Program reviews and assisting project stakeholders with variances.
• Maintain and prepare Programs Cost Worksheets for weekly and monthly review.
• Maintain the project's financial risks, issues, and opportunities over the project's lifetime.
• Maintain project budgets and perform cost or trend analyses and profitability assessments.
• Document financial actions by entering account information for future reference and lessons learned.
• Review monthly program reports to help identify trends and variances and track performance by comparing actual results to budget and forecasts.
• Maintain financial reporting process documentation related to revenue and COGS.

Skills

Bachelors degree in Business, Finance, or Accounting and a minimum of five years of prior relevant experience in Finance or Accounting or a combination of education and experience. Industry experience(s) with project-based activities required; Aerospace or manufacturing preferred. Ability to analyze financial and operational data, prepare financial and business reports. Ability to learn new software or applications that may be necessary for performing effectively; ERP systems experience and data management (Microsoft Dynamics D365 a plus) preferred. Knowledge of the supply chain process (MRP2, S&OP, PMP, etc.). Must be able to pass Background Check and Drug Testing.