Our client is a Global aerospace manufacturing organization that is PE backed and growing through acquisition. This role will support a $20 M plant in Santa Fe Springs. This role will manage site P&L, support all cost accounting, cost analysis, inventory valuation and be instrumental in the budgeting and re-forecast processes. Accounting and Financial Reporting: Maintain standard material, labor and overhead costs Prepare journal entries and reconcile inventories to balance sheet Review and adju... more details
Our client is a Global aerospace manufacturing organization that is PE backed and growing through acquisition. This role will support a $20M plant in Santa Fe Springs. This role will manage site P&L, support all cost accounting, cost analysis, inventory valuation and be instrumental in the budgeting and re-forecast processes.
Accounting and Financial Reporting:
Maintain standard material, labor and overhead costs
Prepare journal entries and reconcile inventories to balance sheet
Review and adjust inventory reserves in accordance with accounting policies
Analyze gross margin, other cost of sales, inventory trends and turnover ratios, and production yield data
Prepare audit schedules and footnote disclosures
Support business unit and manufacturing groups with cost, mfg., and inventory analysis
Assist in complying with documentation and internal control requirements
Inventory Accounting and Control:
Work with Manufacturing to plan and conduct physical inventories
Reconcile physical inventories to ERP system for applicable locations
Reporting and Analysis:
Validate GAAP and non-GAAP P&L results by performing detailed analysis of ‘cost of sales’ and ‘opex’ related functional areas
Support Product/Customer margin analysis by reviewing, correcting, and reconciling transactions that drive detailed corporate and business unit P&L reporting.
Reconciliation involves detailed analysis of business activity by P&L account, profit center and profitability segment (e.g. customer/product)
Support the analysis of variance incurred during production and purchasing activities by comparing the basis for standard cost (info records, overhead rates from costing sheets)
Business Process:
Ensure timely completion of month-end process for settlement of production orders
Perform allocations monthly and ensure the results correctly reflect allocation logic agreed by business units
Manage the periodic process for collection and processing of cost center plan data
Ensure the timely update to Activity Type rates (direct labor and engineering labor rates)
Support the process of updating standard costs
JOB REQUIREMENTS Education & Experience:
B.S. degree in Accounting, Information Systems, Economics, or related field
10+ years professional cost accounting experience (experience in aerospace manufacturing a plus)
Experience in financial reporting, fixed assets, budgeting, and oversight of AP and Senior Cost Accountant.
Experience with Epicor software a plus in addition to strong Excel
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