Cost Accountant

About the role

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value. Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees. When you are part of Magellan, you are part of the team! Magellan Aerospace, Haverhill is a world-class manufacturer of precision machined aerospace components. We have an exciting opportunity for a Cost Accountant. The Cost Accountant is to perform advanced cost-accounting work covering material and production costs, costs of sales, research and product development, etc. To compare actual costs to estimates and analyze variances. To develop standard cost data and accurate inventory valuations.

Responsibilities

• Analyzes and costs manufacturing work orders following company’s costing system.
• Plans, studies, and collects data to determine costs of business activity such as raw material purchases, inventory and labor using excel spreadsheets
• Prepares the monthly cost of sales figures by analyzing material, labor, and research and development expenses.
• Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
• Assists the accounting manager in preparing monthly journal entries for cost of sales and scrap.
• Maintains FIFO inventory system and follows established valuation method.
• Assist with audits, both internal and external
• Analyzes variances, process routine and ad hoc request, or any other requested assigned tasks

Requirements

• Bachelor’s degree in accounting or Five to Ten years’ experience or equivalent combination of education and experience in Manufacturing
• Experience working with Great Plains, Excel, PowerPoint, Microsoft word, SAP

Skills

• Good analytical and organizational skills.
• Good knowledge of Excel and computerized accounting and costing systems.

Benefits

• Competitive salary
• Attractive benefits package
• Generous Company 401K plan
• Positive work-life balance
• Excellent career progression opportunities
• Employee Assistance Program

Pay

The Salary Range for this Position is $85,000 - $100,000 annually