Senior Cost and Project Accountant I

Rocket Lab Corporation•Albuquerque, NM

3d•Onsite

About The Position

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. 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
Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to focus.
Regularly required to sit, use hands and fingers, operate computer keyboard and controls, and communicate verbally and in writing.
Must be physically able to commute to buildings.
Occasional exposure to dust, fumes, and moderate levels of noise.
To conform to U.S. Government space technology export regulations, including the International Traffic in Arms Regulations (ITAR), Rocket Lab Employees must be a U.S. citizen, lawful U.S. permanent resident (i.e., current Green Card holder), or lawfully admitted into the U.S. as a refugee or granted asylum, or be eligible to obtain the required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce, as applicable.
For security reasons, background checks will be undertaken prior to any employment offers being made to an applicant. These checks will include nationality checks as it is a requirement of this position that you be eligible to access equipment and data regulated by the United States' International Traffic in Arms Regulations. Under these Regulations, you may be ineligible for this role if you do not hold citizenship of Australia, Japan, New Zealand, Switzerland, the European Union, or a country that is part of NATO, or if you hold ineligible dual citizenship or nationality.

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