The Cost Accountant will be responsible for applying principles of cost accounting to conduct studies that provide detailed cost information not supplied by general accounting systems in addition to analyzing the costing information in the general accounting system.

Responsibilities:

Plan, study and collect data to determine costs of business activity, such as raw material purchases, inventory, and labor.
Analyzes changes in product design raw materials, manufacturing methods, or services provided, to determine effects on costs and drivers of margin impacts.
Analyzes actual manufacturing costs and prepares periodic report comparing month to month/quarter to quarter and year over year analysis for product lines.
Analyzes projects costs, estimates and budgets.
Provides management with reports specifying and comparing factors, affective prices, and profitability of products or services.
Assists in accounting closing and preparation of financial statements each month.
Assist in audits including but not limited to DCMA, customer proposal pre and post awards and annual financial audit.
Assist in preparing billings for cost type contracts.
Maintain Fixed Assets schedules.
Review daily transactions, including part maintenance, kitting transactions, production receipts etc.
Prepare OH, G&A, and FCCM rates.
Prepare provisional billing rates.
Prepare Incurred Cost Proposal.
Roll Labor rates for forward bidding rates.
Maintain MRP / Costing Integrity in ERP System and procedures.

Requirements:

Bachelor’s degree in finance or accounting or a related area
2 years of experience in accounting role
FAR/DFAR knowledge, as it pertains to costing
CAS understanding and procedures
Understanding of project and/or MRP accounting concepts
General knowledge of accounting/financial/operational principles
Interpersonal and communication skills with the ability to interact with various management levels
Ability to manage multiple tasks and adapt to a changing, fast-paced environment
Strong Excel, Word, and PowerPoint skills
Superior attention to detail and ability to successfully manage multiple competing priorities while maintaining a view of the big picture
Strong analytical and problem-solving abilities
Detail-oriented with a commitment to accuracy and quality

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Applied Aerospace Structures Corp

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Cost Accountant