Senior Cost and Project Accountant I

Rocket Lab Corporation•Albuquerque, NM

9h•Onsite

About The Position

Rocket Lab is an end-to-end space company delivering responsive launch services, complete spacecraft design and manufacturing, payloads, satellite components, and more – all with the goal of opening access space. The rockets and satellites we build, and launch enable some of the most ambitious and vital space missions globally, supporting scientific exploration, Earth observation and missions to combat climate change, national security, and exciting new technology demonstrations. Our Electron rocket has become the second most frequently launched U.S. rocket annually and has delivered more than 230 satellites to orbit, all while we work to develop Neutron, our upcoming medium-lift, reusable launch vehicle for larger constellation deployment. Our Space Systems business designs and builds our extensive line of satellites, payloads, and their components, including spacecraft that have been selected to support NASA missions to the Moon and Mars and components used on the James Webb Space Telescope. FINANCE Rocket Lab’s Finance team is responsible for all financial transactions for the company, operating as a well-oiled machine to maximize the value of our work. Our Finance team are made up of planners, analysts and accountants, and manage our policies, compliance, and reporting. They’re the ones who keep our financial operations in check, always thinking ahead and taking care to meet all of our financial, business, and government obligations. They’re attentive, diligent, and meticulous, and are mission-critical to Rocket Lab. SENIOR COST AND PROJECT ACCOUNTANT Based at Rocket Lab’s Solar Manufacturing facility in Albuquerque, New Mexico the Senior Cost Accountant will be responsible for contract revenue, cost of sales and inventory. This position requires the ability to maintain accurate revenue and cost of sales for significant Rocket Lab customer contracts. The Senior Cost & Project Accountant will report to the Program Accounting Manager and work closely with the accounting team and partner with various team members throughout the organization.

Requirements

5+ years of experience and a bachelor’s degree, or equivalent years of work experience (HS Diploma and 9+ years of work experience)
Strong cost accounting experience in a complex manufacturing environment
Strong ERP systems knowledge and experience
Proven experience in providing financial decision support

Nice To Haves

Excellent interpersonal, verbal, and written communication skills with the ability to explain project cost information to others
Advanced Excel and analytical skills desirable

Responsibilities

Responsible for project revenue & cost recognition
Update and reconcile customer contract backlog and customer contract asset & liability
Track and reconcile inventory
Support EAC cycle for project estimates and revenue recognition
Review and interpret new contracts using the 5 step 606 accounting revenue standards
Set up programs and charge codes in the accounting system
Initiate process improvement projects
Investigate and provide feedback on accounting irregularities
Other duties as assigned
Book journal entries to recognize OT and PIT revenue and cost of sales
Book journal entries and reconcile contract asset & liability
Book journal entries to adjust and reconcile inventory as needed
Document revenue and cost of sales processes - SOX control requirements
Prepare monthly and quarterly reporting requests as needed
Develop project cost processes as required