Cost Accountant

Pursuit AerospaceMalden, MA
11dOnsite

About The Position

We are looking for a Cost Accountant to manage standard cost accounting and reporting, monthly inventory close, inventory reserves, bill of materials, and cost analysis to maintain accurate costing data and procedures. Will also liaison with manufacturing operations and financial staff, as required.

Requirements

  • Bachelor’s degree in accounting or equivalent experience
  • 5 years of progressive accounting experience in aerospace or similar industry
  • Must be authorized to work in the U.S. on a full-time basis without sponsorship now or in the future. The Company cannot offer employment to visa holders who require employer sponsorship in the future or cannot work now on a full-time basis.
  • Must be able to perform work subject to ITAR/EAR regulations

Nice To Haves

  • Comprehensive knowledge of accounting in a manufacturing environment
  • Advanced knowledge of Generally Accepted Accounting Principles (GAAP) and the ability to stay current with changes in GAAP
  • Knowledge of financial statement preparation
  • Knowledge of Enterprise Resource Planning (ERP) systems
  • Proficiency in Excel skills, including v-lookup, index/match, pivot tables, sorting, filtering, and formatting
  • Analytical and problem solving skills with the ability to research technical accounting issues
  • Organizational skills
  • Excellent attention to detail skills with the ability to execute accurate transactions
  • Ability to prioritize tasks and manage time
  • Ability to work independently and in a team environment

Responsibilities

  • Updates and maintains records for the labor and overhead rates, and bills of materials and routings to ensure product costs are accurate and accounted for properly
  • Audits bills of materials and routings ensure bill of material and costing accurately reflect production operations and perform time studies
  • Ensures timely and accurate input of price changes
  • Ensures the accuracy of inventory and reported results and assists with the inventory cycle counts
  • Calculates and maintains the inventory reserves files
  • Reviews labor reporting and costs, material costs, manufacturing overheard, freight costs, and returns
  • Maintains accurate cost accounting records correcting any errors and discrepancies as required each month by performing analysis, taking corrective actions, and/or making recommendations to management
  • Ensures that all financial transactions, transmissions, and reporting are completed on a timely basis and are accurate
  • Assists with benchmarking, key performance indicators, dash boards for measuring financial and operating performance, and with complex decision-making initiatives
  • Supports management on plant production and costing issues, provides recap with actions to be taken, and assists with operations meetings as necessary
  • Assists with documentation, procedures and other workflows, analyzing purchasing contracts costs components, analyzing costs initiatives and cost efficiencies, and with the yearend inventory physical counts
  • Updates and maintains the tooling amortization files and monthly journal entries
  • Ensures adherence to Generally Accepted Accounting Principles (GAAP) and internal controls

Benefits

  • Pursuit Aerospace also offers a variety of benefits, including health and disability insurance, 401(k) match, flexible spending accounts, EAP, paid time off, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements, among other things.
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