Senior Cost Accountant

Description

The Senior Cost Accountant at Onboard Systems Hoist & Winch, located in Anaheim, CA, plays a crucial role in maintaining the integrity of manufacturing costs, inventory valuation, job costing, and financial reporting within a fast-paced aerospace manufacturing environment.

Responsibilities

• Maintain and analyze standard costs for manufactured products and purchased components.
• Develop, maintain, and update labor and overhead rates used for inventory valuation, quoting, and financial reporting.
• Perform detailed job cost analysis for production work orders and customer programs.
• Analyze manufacturing variances including Material Price Variance, Material Usage Variance, Labor Efficiency, Labor Rate Variance, and Manufacturing Overhead Variance.
• Monitor work-in-process (WIP), ensuring costs are accurately accumulated and relieved.
• Investigate unusual manufacturing costs and assist in inventory valuation, excess and obsolete inventory analysis, and reserve calculations.
• Partner with Operations to improve inventory accuracy and manufacturing cost performance.
• Develop detailed cost estimates supporting customer quotations and proposals.
• Calculate direct labor, material, burden, and overhead rates used in pricing.
• Support Engineering, Program Management, and Supply Chain to develop competitive cost proposals.
• Support customer audits related to pricing, cost build-up, and manufacturing rates.
• Prepare monthly journal entries related to: Inventory, Manufacturing variances, Cost allocations, Accruals, Intercompany transactions.
• Perform account reconciliations ensuring timely resolution of reconciling items.
• Complete month-end inventory and cost accounting close activities.
• Prepare supporting schedules for financial statement reviews.
• Analyze manufacturing results and explain month-over-month variances.
• Aid in the preparation of monthly management reporting packages.
• Prepare margin analysis by product line, customer, and program.
• Analyze manufacturing efficiencies and recommend process improvements.
• Support annual budgeting and forecasting activities.
• Aid in capital expenditure analysis and fixed asset accounting.
• Develop dashboards and KPI reporting related to manufacturing performance.
• Ensure compliance with GAAP and company accounting policies.
• Maintain strong internal controls over inventory and manufacturing accounting.
• Support internal and external audits.
• Aid in customer and government audit requests when applicable.
• Document accounting procedures and recommend process improvements.

Qualifications

• Bachelor’s degree in Accounting or Finance
• CPA or CMA preferred
• 5–8+ years of progressive accounting experience
• Minimum 3 years of manufacturing or cost accounting experience
• Aerospace, defense, or other highly engineered manufacturing experience preferred
• Strong understanding of: Standard costing, Job costing, Inventory accounting, Manufacturing variances, Cost allocations, Financial statement preparation
• Experience developing labor and overhead rates
• Experience supporting customer proposals and pricing
• Advanced Microsoft Excel skills including Pivot Tables, Power Query, XLOOKUP, and financial modeling
• ERP experience such as IFS, SAP, Oracle, Costpoint, or similar manufacturing systems
• Strong analytical and problem-solving skills
• Excellent organizational skills with the ability to manage multiple priorities
• Strong communication skills with the ability to work cross-functionally