Staff Accountant

Job Description

Federal Equipment Company has an opportunity for a Staff Accountant at our Cincinnati, OH facility. The ideal candidate will be able to multitask and support multiple projects in the accounting department, such as accounts payable lead, PP&E lead, month-end close lead, and other critical functions.

Primary Duties and Responsibilities

• Assist with monthly closing activities for Federal Equipment Company and related divisions.
• Load local trial balances into the corporate reporting tool, ensuring timely account reconciliations through team collaboration.
• Aid in the financial month-end close process, including journal entries, account reconciliations, and financial analysis for assigned accounts.
• Prepare monthly reports comparing actuals to budget for assigned accounts.
• Communicate frequently with the Federal Equipment Company Purchasing team to ensure invoices are approved correctly and efficiently.
• Prepare and maintain up-to-date reports of pending AP invoices.
• Perform multiple activities in the ERP System, Microsoft Dynamics 365, including creating, approving, posting, and auditing payment schedules.
• Handle customer communications, including payment bookings, logs, collections, dispute management, credit checks, and email updates.
• Actively engage in P2P vendor master maintenance, AP invoice processing, T&E accounting reimbursements, AP payments, and other account reconciliations.
• Conduct standard monthly contract reviews for all major programs.
• Review contract value, cost incurred, estimate-to-complete, and projected margin.
• Track change orders, engineering changes, labor productivity, and supplier risks.
• Escalate margin fade and milestone delays early.
• Connect operational risk directly to forecast and cash flow impact.
• Identify labor, supplier, quality, and schedule risks early and proactively address them.
• Support the budget and forecasting activities for Federal Equipment Company and related divisions.
• Manage the monthly forecast process and ensure adherence to the POC/EAC review cadence.
• Uphold current practices of Record to Report, GL Accounting, AP aging, GL reconciliation, and AR aging reconciliation.
• Ensure compliance with GAAP, SOX, and other regulatory requirements.
• Establish and maintain financial and compliance processes, including strong internal controls, to ensure company records align with generally accepted accounting principles.
• Assist with internal and external audits as needed.
• Reconcile and investigate cash variances.
• Proactively identify and mitigate risks related to labor, suppliers, quality, and scheduling.
• Collaborate cross-functionally to address and resolve financial and operational challenges.
• Perform weekly reviews, including Aging, Bad Debt, Collections, and Dispute Management.
• Maintain Certificates of Insurance and Lien Waivers.
• Support other corporate projects and initiatives, as assigned.
• Perform in alignment with Federal Equipment Company’s core values of Integrity, Velocity, and Teamwork.

Qualifications and Educational Requirements

• Education: Associates or Bachelor’s degree in Accounting (preferred), Business, or related field from an accredited university.
• Experience: 1 to 3 years of experience in accounting, particularly in financial close processes and meeting tight deadlines. Manufacturing experience is a plus but not required.
• Skills: Strong written and verbal communication skills. Proficient in ERP software, preferably Microsoft Dynamics 365. Advanced Excel skills. Strong analytical and problem-solving skills. Ability to work independently and in a group setting. History of cross-functional collaboration and strong interpersonal skills. Compliance Requirements: Must qualify as a U.S. Person, defined as a U.S. Citizen, U.S. Permanent Resident, or political asylee, in compliance with ITAR or EAR regulations. Acceptable proof includes U.S. Passport, Permanent Resident Card, U.S. Birth Certificate, or Naturalization Certificate. Maintenance or renewal of licensing authorization is a condition of employment. Government authorization may be a suitable alternative upon case-by-case review.

Benefits

Fairbanks Morse Defense offers a competitive benefits package including but not limited to, medical, dental, vision, life, and disability insurances, and 401k retirement plan with employer match. In addition, we offer paid time off, paid holidays, paid parental leave, and tuition reimbursement.

Equal Opportunity Employer

Equal Opportunity Employer/Veterans/Disabled