Accountant

Teledyne Technologies•Thousand Oaks, CA

About The Position

Be visionary Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets that require advanced technology and high reliability. These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research. We are looking for individuals who thrive on making an impact and want the excitement of being on a team that wins. Job Description Join Teledyne Scientific & Imaging as an Accountant! Are you ready to launch your career to the next level? Join our mission-focused team, where we value technical excellence, collaboration, and agility. We’re a powerhouse in R&D innovation, the home of Teledyne’s Central Research Laboratory, and the world’s leading provider of infrared sensors, with over 60 years of tech evolution and customers like the US Department of Defense.

Requirements

Strong knowledge of ASC 606 revenue recognition
Understanding of GAAP and corporate guidelines as they apply to Accounting transactions
Strong understanding of financial statements and reports
Familiar with FAR and CAS regulations a plus
Helps maintain SOX narratives
Bachelor in Accounting, Business Administration, Economics or related field , with at least five ( 5 ) years of accounting experience with increasing responsibility over time
Due to the type of work at the facility and certain access restrictions, successful applicants must be a U.S. Citizen.

Nice To Haves

Experience with Government Accounting a plus
Experience using Deltek CostPoint, TM1, and OneStream a plus

Responsibilities

Prepares and enters journal entries
Records and verifies cost of goods sold percentages, percentage of cost completion and cost type fee rates in support of month end close procedures. This requires coordination of EAC submission with Program Control group.
Reviews ASC 606 checklist and works with the Contracts department to resolve any issues delaying revenue recognition determination.
Works with Teledyne Corporate to get guidance pertaining to unusual contract terms and conditions as necessary.
Assists with review of monthly account reconciliations.
Coordinates and reviews quarterly variance explanations for income statement and balance sheet.
Supports activities in the preparation of annual surveys from corporate offices.
Supports preparation and submission of quarterly and annual audit and tax packs.
Interacts with internal and external auditors in support of SOX and other audits.
Assists, as required, in special projects to improve overall efficiency, eliminating process waste and improving company profitability.
Availability for occasional weekend work may be required as job duties demand