Accounting Analyst

About the role

Parker Aerospace’s Gas Turbine Fuel Systems Division is seeking an Accountant Analyst for the Devens, MA site. This role reports to the Naples/Devens Accounting Manager and plays a key part in supporting improved growth and profitability through strong analytical and business-partnering skills. The Accountant Analyst will safeguard and ethically account for the site’s assets in accordance with generally accepted accounting principles, analyze complex financial information, and prepare financial reports. The position is responsible for the accounting function of one division site (Devens, MA), which generates approximately $79M in revenue. Functions include budgeting, planning, internal control oversight, financial reporting (internal and external), financial performance measurement, financial system implementation, and technical accounting support.

Responsibilities

• Prepares general ledger, asset, liability, and capital account entries by compiling and analyzing moderately complex account information.
• Summarizes current financial status by collecting information and preparing balance sheets, profit and loss statements, and other management reports.
• Prepares diverse and complex financial reports by collecting, analyzing, and summarizing account information and trends.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Performs economic research and studies subjects such as rates of return, depreciation, working capital, investments, and financial and expense comparisons by analyzing profit and loss statements and income statements.
• Provides management with accounting information necessary to make business decisions.
• Recommends financial actions to management by analyzing accounting options.
• Maintains accounting controls by auditing compliance with accounting policies and procedures; writes and recommends policies and procedures.
• Maintains financial security by following accounting policies and internal controls.
• Answers accounting procedure questions by researching and interpreting complex accounting policies and regulations.
• Applies continuous improvement techniques and methods to internal processes and systems.
• May lead or be assigned to a special project team.
• Complies with federal and state legal requirements and professional standards; studies existing and new legislation, enforces adherence to requirements, and advises management on needed actions.
• Acts as prime contact on high-level projects.
• Establishes goals and objectives required to complete projects.
• Trains and mentors less experienced employees.
• Shares specialized knowledge with others; represents the company on high-level projects.
• Contributes to team effort by accomplishing related results as needed; work assignments may include cross-functional or project team responsibilities (e.g., continuous improvement).

Requirements

• BS degree in accounting, finance, or economics; advanced degree preferred.
• 2–5 years of experience in general and cost accounting.
• Knowledge of Generally Accepted Accounting Principles (GAAP), methods, and concepts.
• General knowledge of Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR).
• General knowledge of and ability to apply continuous improvement techniques.
• Proficient with automated accounting systems, spreadsheet applications, and general use of intranet/internet communications and standard business applications software.
• Ability to read, analyze, and interpret financial reports; respond to inquiries or complaints from customers, regulatory agencies, or members of the business community; define problems, collect data, establish facts, and draw valid conclusions by drawing on experience with similar situations.
• Ability to effectively communicate and present information to team members and team leaders.
• Ability to effectively demonstrate team member competencies and participate in goal-setting, performance feedback, and self-development activities.

U.S. Citizenship, Permanent Residency, or other appropriate status is required for this position in accordance with U.S. import and export regulations.

Pay

Pay range: $87,050 to $145,250 annually. Participation in Annual Incentive Program.

Benefits

• Comprehensive medical, prescription drug, dental, and vision coverage with competitive premium costs.
• Voluntary optional life, accident, hospital indemnity, and critical illness insurance.
• 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
• Company-provided defined-contribution retirement plan with an annual contribution equal to 3% of pay.
• Career development and tuition reimbursement.
• Paid parental leave.
• Short- and long-term disability programs.
• Adoption assistance.
• Care.com membership and financial planning assistance at no cost.
• Supplemental benefit programs including identity protection, legal protection, and pet wellness at competitive rates.
• Paid Time Off and company-paid holidays.