Senior Staff Accountant

Turion Space • Irvine, CA

6d • $120,000 - $150,000

About The Position

Turion Space is seeking a Senior Accountant with strong technical accounting expertise, analytical rigor, and an ownership mindset to join its finance and accounting team. The role leads revenue accounting under ASC 606, develops and maintains matched revenue and cost schedules for Department of Defense (DoD) government contracts, and manages balance sheet asset schedules, especially fixed assets, inventory, and construction-in-progress (CIP). It partners with Program Management, Supply Chain, and Engineering to support financial integrity, audit readiness, and scalable processes.

The position covers revenue recognition and contract accounting, government contract cost and revenue support, asset accounting, and general accounting. Responsibilities include evaluating contract terms and revenue recognition, reconciling contract assets and liabilities, supporting estimates at completion and cost pools, maintaining asset schedules, managing month-end close activities, assisting with audits, and contributing to NetSuite and reporting improvements.

The listed salary range is $120,000–$150,000 USD. Employees may be asked to support alternate or extended shifts and travel during peak work periods. The position may involve access to export-controlled technology or software source code; applicants must meet the stated U.S. export-control eligibility requirements or be eligible to obtain the required authorizations.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related discipline.
• 6–10 years of progressive accounting experience, including technical accounting under US GAAP.
• Practical experience applying ASC 606 revenue recognition standards to multi-element or project-based arrangements.
• Prior experience building and maintaining revenue and cost schedules for defense (DoD) or aerospace contracts.
• Demonstrated experience maintaining fixed asset and depreciation schedules and tracking CIP.
• Advanced proficiency in Microsoft Excel, including financial modeling, pivot tables, and complex formulas.
• Experience using modern ERP platforms such as NetSuite.
• Ability to clearly explain accounting treatments and financial data to non-finance stakeholders, including engineers and program leads.
• Meet the stated U.S. export-control eligibility requirements, or be eligible to obtain the required U.S. Department of State authorizations, if the role involves access to controlled technology or software source code.

Nice To Haves

• Big 4 experience.
• Active CPA license or passing exam sections.
• Direct experience with FAR, DFARS, CAS, and DCAA compliance reviews.
• Experience in high-growth aerospace, defense technology, or advanced hardware manufacturing environments.

Responsibilities

• Review customer and government contracts to identify performance obligations, determine transaction prices, and establish ASC 606-compliant revenue recognition methods.
• Build, update, and maintain monthly revenue recognition workpapers, milestone schedules, and percent-of-completion models.
• Prepare monthly reconciliations for deferred revenue, unbilled accounts receivable, customer advances, and cost-in-excess-of-billings.
• Develop and reconcile program-specific revenue schedules against project cost schedules for DoD and government Cost-Plus, Firm Fixed Price (FFP), and Time & Materials (T&M) contracts.
• Partner with Program Controls and Program Managers to review contract actuals, budget-to-actual variances, and Estimates at Completion (EACs).
• Partner with Program Controls and Program Managers to account for program costs in the ERP system, allocate people and non-people expenses, and determine actual fringe, overhead, and G&A rates.
• Partner with Program Controls and Program Managers on project profitability tracking.
• Ensure cost allocations comply with FAR and DFARS principles, segregate unallowable costs, and support DCAA audit preparedness.
• Own the fixed asset ledger, including capitalization, depreciation, impairment evaluations, and disposal entries in accordance with GAAP.
• Track CIP/WIP for satellite flight units, test equipment, ground stations, and lab tooling, and ensure proper capitalization when assets are placed in service.
• Maintain roll-forward schedules for non-current assets, including fixed assets, leasehold improvements, capitalized internal-use software, and intangibles, and support physical asset verifications.
• Prepare audit-ready reconciliations for prepaid assets, security deposits, and other balance sheet asset accounts.
• Prepare complex journal entries, accruals, and account analyses for monthly, quarterly, and year-end close.
• Liaise with external auditors for annual financial statement audits and provide audit trails and supporting documentation.
• Partner on NetSuite ERP enhancements and automated reporting tools to streamline accounting workflows.

Benefits

• Company stock/equity.
• Medical, dental, and vision coverage for employees and their dependents.
• 401(k) plan with a 3% employer direct contribution.
• Vacation days, personal days, sick days, and holidays.
• Paid parental leave following the birth of a newborn or adoption.
• No-cost Employee Assistance Program (EAP) for employees and their households.
• Internal training, workshops, and courses for professional development.
• Social events, team outings, and company-sponsored activities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior