Senior Cost Accountant II

Rocket Lab CorporationLong Beach, CA
13hOnsite

About The Position

Based onsite at Rocket Lab’s headquarters in Long Beach, California the Senior Cost Accountant II will be responsible for the cost accounting function for the enterprise, inventory valuation, production orders cost analysis & aging, inventory reconciliations and SOX controls. This position requires the ability to develop and maintain accurate costing and valuation for inventory. The Senior Cost Accounting Analyst II will report to the Senior Cost Accounting Manager and work closely with accounting, and partner with various team members throughout the organization.

Requirements

  • 8+ years of experience in the general ledger and cost accounting area.
  • Bachelor's degree in accounting or equivalent combination of relevant education/ experience (12+ years of work experience).
  • Strong skills in Inventory value, transaction, and variance analysis.
  • Knowledge of Moving Average Unit Cost (MAUC), and Standard Cost process and calculation to support the accurate production cost and inventory valuation.
  • Experience evaluating ERP System financial transactions to track and identified variances to correct inventory or production cost.
  • Proficient in Microsoft Office Suite - Especially advanced Excel skills.

Nice To Haves

  • Certified Management Accountant (CMA)
  • Experience working in a manufacturing environment, preferably within the aerospace and defense industry.
  • ERP experience using Infor LN, Oracle, JDE, SAP or similar ERP system.
  • Experience building Squeal Queries and Power BI building reports.
  • Attention to detail, organizational skills and ability to prioritize.
  • Independent problem-solving skills
  • Excellent interpersonal, verbal & written communication skills & the ability to explain complex information to others.

Responsibilities

  • Month-end process preparing journal entries for inventory reconciliation, raw material cost allocations, reclassifying operating expenses and distributing manufacturing variances by-product and categories.
  • Prepare monthly inventory reconciliation and SOX Controls.
  • Generate quarterly slows moving inventory reserve reports and presentation for Management review and approval. Organize and set quarterly reserve meetings.
  • Support OH updates, Labor Rates and items inventory revaluations.
  • Analyze trends in cost variances, production volumes, and material usage and implement timely adjustments. Troubleshoot and research unexplained inventory transactions.
  • Investigate cycle counting variances and resolve issues.
  • Review and close work/production orders based on aging.
  • Generate and distribute weekly/monthly/quarterly spend, inventory, and production reports as needed.
  • Focus on improvement of all facets of cost accounting, inventory control, variance analysis, gross margin analysis, forecasting & system improvement.
  • Establish cost accounting policies and procedures to arrive at accurate standards for inventory valuation.
  • Collaborates with other department managers in reporting and reviewing various trends and key performance indicators.
  • Initiate process improvement projects to update transactional, financial, and reporting processes.
  • Provide support with internal and external audit requests.
  • Ensuring compliance with GAAP and/or International Financial Reporting Standards (IFRS).

Benefits

  • company equity
  • top tier medical HMO, PPO & a 100% company-sponsored medical HSA plan option
  • dental and vision coverage
  • 3 weeks paid vacation and 5 days sick leave per year
  • 11 paid holidays per year
  • flexible spending and dependent care savings accounts
  • paid parental leave
  • disability insurance
  • life insurance
  • access to a 401(k) retirement plan with company match
  • Discounted employee stock purchase program
  • subsidized EV charging stations
  • onsite gym
  • food and drinks
  • other discounts
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