What are the responsibilities and job description for the Cost Accountant position at 3pX Group ★ A Sunday Times Best Place to Work?
Title: Cost Accountant
Segment: Center of Excellence
Location: Cleveland, OH
Company Description:
Our client is an innovative defense, national security, and space technology company committed to advancing and delivering transformative, mission-critical solutions. They tackle the most complex challenges to unlock new frontiers for human progress, fortify national security, and protect critical assets to lead in the race for technological and operational superiority from ground to space.
Position Description:
The Cost Accountant will work closely with all levels of the organization to meet financial forecasting, reporting, and planning needs. The ideal candidate will have a strong background in operational accounting with a proven ability to manage multiple projects in a fast-paced workplace environment. The role will require the development, delivery, and presentation of key reporting. The candidate should have a strong understanding of financial, operational, sales, and macro/industry key metrics necessary to analyze and report on performance.
Responsibilities:
- Develop, analyze, and report operational and business-relevant finance metrics on a cadence set by the company and be required to handle all aspects of operational accounting, including AP/Billing/standard costing and analysis
- Work with department managers to set, track, and/or optimize performance metrics and performance vs. budgets
- Develop financial reporting and dashboards to report financial performance
- Collaborate with other members of the finance and operations team to track and report project finance metrics
- Own analysis and reporting processes designed to prepare actionable, insightful, and detailed financial reporting that drives effective decision-making, focusing on improving the speed of reporting creation and accuracy of forecasts
- Develop and maintain relationships with functional managers, department heads, and other team members
- Partner with business unit leaders and project managers to develop the understanding needed to create variance commentary and meaningful analysis, as well as serving as a liaison to them on financial, budget, and related questions and issues that may arise
- Assist with project costing in support of pricing and project reporting
- Support forecasts, comprehensive budgeting, and long-range financial planning activities, deadlines, and deliverable creation
- Create, maintain, and update complex and dynamic financial models
- Manage internal controls
Requirements:
- Bachelor’s degree from an accredited four-year college or university required in Accounting or Finance
- Minimum 7 years' experience in related accounting roles
- Experience with financial management and control of manufacturing operations
- Strong cost accounting background
- Strong understanding of the application of accounting principles to projects centered around engineering, design, and providing services to commercial and government customers (especially revenue recognition)
- Experience in ERP systems, ERP implementations, and demonstrable knowledge of accounting concepts, practices, and procedures
- Strong understanding of GAAP accounting rules for revenue recognition
- Accounting for government contracts
Preferences:
- Master’s degree or equivalent preferred
- Experience with aerospace or defense industries preferred
- Proficiency in accounting software, preferably Deltek Costpoint
- Understanding of Federal Acquisition Regulations (FAR) practices a plus
- CPA or CMA or other relevant designation a plus
