Cost Accountant II

Austal USA•Mobile, AL

4d•Onsite

About The Position

Performs accounting responsibilities in accordance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Prepares month end closing journal entries and general ledger (GL) account analysis related to Direct Costs for all Austal USA entities. Ensures all direct costs are properly accounted for by performing adequate accruals, stage payment reconciliation and allocations. Maintains full knowledge of assigned Projects including budgets, forecasts, actual cost and variance analysis. Performs weekly and monthly allocations of material and labor in accordance with established policies and procedures. Works with Engineering to set standard cost for manufactured parts in accordance with established policies and procedures. Performs weekly and monthly Project inventory analysis, costing reviews and reconciliations to general ledger (GL). Maintains Project status reports and responsible for preparation of Project Close-out reports to ensure timely closure of completed work scopes. Establish Projects and cost structures with the ERP system. Creates ad hoc reports and metrics as needed. Supports AR Billing Specialist in ensuring all supporting data is prepared and maintained to facilitate timely billing. Acts as back-up for invoicing when needed or required. Maintains working knowledge of the Material Management Accounting Systems (MMAS). Analyze Project and shop order data to produce accurate variance analysis reports and metrics. Coordinates and liaisons with external and internal auditors/reviewers to ensure compliance with proper reporting requirements and deadlines. Supports audits by Defense Contracting Audit Agency (DCAA) which includes data compilation, analysis of financial trends, and reconciliation of data to supporting documentation. Performs other related duties and special projects as assigned by Finance Management. Maintains written policy and procedures for area of responsibility. Maintains compliance with Company policies and procedures.

Requirements

BS/BA Accounting, Finance or Business Administration with 3-5 years of experience in a related field, preferably in manufacturing or corporate accounting, required.
Proficient computer and technical aptitude to utilize MS Word, Excel and PowerPoint.
Working knowledge of FAR, DFAR, IFRS, GAAP and CAS.
Ability to work collaboratively with multiple teams/organizations with attention to detail and strong organizational skills.
Excellent attention to detail, organization skills a must.
Flexible and has the capability to deliver results in a fast paced, and high volume environment.
Ability to communicate effectively orally and in writing.
Detail oriented with a high degree of personal accountability.
Ability to go in the shipyard, including off-site warehouse(s) and Austal’s West Campus, and conduct interviews. This includes physically climbing stairs and moving safely through constructions areas on and off vessels.

Nice To Haves

Government contracting experience, a plus.
Working knowledge of an Enterprise Resource Planning system a plus.

Responsibilities

Performs accounting responsibilities in accordance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
Prepares month end closing journal entries and general ledger (GL) account analysis related to Direct Costs for all Austal USA entities.
Ensures all direct costs are properly accounted for by performing adequate accruals, stage payment reconciliation and allocations.
Maintains full knowledge of assigned Projects including budgets, forecasts, actual cost and variance analysis.
Performs weekly and monthly allocations of material and labor in accordance with established policies and procedures.
Works with Engineering to set standard cost for manufactured parts in accordance with established policies and procedures.
Performs weekly and monthly Project inventory analysis, costing reviews and reconciliations to general ledger (GL).
Maintains Project status reports and responsible for preparation of Project Close-out reports to ensure timely closure of completed work scopes.
Establish Projects and cost structures with the ERP system.
Creates ad hoc reports and metrics as needed.
Supports AR Billing Specialist in ensuring all supporting data is prepared and maintained to facilitate timely billing.
Acts as back-up for invoicing when needed or required.
Maintains working knowledge of the Material Management Accounting Systems (MMAS).
Analyze Project and shop order data to produce accurate variance analysis reports and metrics.
Coordinates and liaisons with external and internal auditors/reviewers to ensure compliance with proper reporting requirements and deadlines.
Supports audits by Defense Contracting Audit Agency (DCAA) which includes data compilation, analysis of financial trends, and reconciliation of data to supporting documentation.
Performs other related duties and special projects as assigned by Finance Management.
Maintains written policy and procedures for area of responsibility.
Maintains compliance with Company policies and procedures.