Cost Account Manager

Fiber Materials•Biddeford, ME

About The Position

FMI is seeking an energetic, detail-oriented Cost Account Manager to join its Finance team. The role is responsible for gathering and reconciling inventory and job-cost information, reporting job-cost performance against budget to senior leadership, and serving as the primary liaison with governmental contracting and auditing agencies. FMI manufactures high-temperature materials and composites, including carbon/carbon and ceramic matrix composites, for defense, aerospace, and other demanding applications.

Requirements

Bachelor’s degree in Finance, Accounting, or a related discipline.
At least 5 years of experience in an accounting role.
Knowledge of FAR/DFAR as it pertains to costing.
Understanding of CAS and related procedures.
Understanding of Generally Accepted Accounting Principles (GAAP).
Understanding of project and/or MRP accounting concepts.
General knowledge of accounting, financial, and operational principles.
Interpersonal and communication skills to interact with various management levels.
Ability to manage multiple tasks and adapt to a changing, fast-paced environment.
Strong Excel, Word, and PowerPoint skills.
Strong attention to detail and ability to manage competing priorities while maintaining a view of the big picture.
Strong analytical and problem-solving abilities.
Commitment to accuracy and quality.

Responsibilities

Plan, study, and collect data to determine costs of business activities, including raw material purchases, inventory, and labor.
Analyze how changes in product design, raw materials, manufacturing methods, or services affect costs and margin drivers.
Analyze actual manufacturing costs and prepare periodic month-to-month, quarter-to-quarter, and year-over-year reports for product lines.
Analyze project costs, estimates, and budgets.
Provide management with reports comparing factors affecting prices and product or service profitability.
Assist with monthly accounting close and preparation of financial statements.
Assist with audits, including DCMA audits, customer proposal pre- and post-award audits, and the annual financial audit.
Assist in preparing billings for cost-type contracts.
Maintain fixed-asset schedules.
Review daily transactions, including part maintenance, kitting transactions, and production receipts.
Prepare OH, G&A, and FCCM rates.
Prepare provisional billing rates.
Prepare Incurred Cost Proposals.
Roll labor rates for forward bidding rates.
Maintain MRP and costing integrity in the ERP system and related procedures.
Report job-cost performance against budget to senior leadership and act as the primary liaison with governmental contracting and auditing agencies.