Job Title: Cost Accountant Department: Accounting & Finance Reports To: Vice President of Finance
FLSA Status: Exempt
COMPANY OVERVIEW
For more than sixty years, MarathonNorco Aerospace has successfully served commercial and military aviation markets with reliable cost-effective products and continues to be a leading global producer, designer, and supplier of highly engineered aerospace components, systems, and subsystems. We focus on optimizing value creation as well as careful management of our financial statements. Everyone at our businesses thinks and acts like an owner. We operate a unique business model in the aerospace industry with a simple, well-proven operating strategy based on our three value-drivers - generating profitable new business, productivity, and cost improvements, and value-based pricing. Our best-in-class products, as well as the superior quality, availability, reliability, and safety of our products, lead to long-term customer relationships and drive our customers to select us when new business opportunities arise.
SUMMARY
The core capability for this position is applying principles of cost accounting to conduct studies, providing detailed costs, and other inventory information not supplied by general accounting systems. The applicant must have the drive, fundamental skills, mindset of exceeding expectations, and the inherent desire for leadership responsibility in order to be considered for future advancement.
ESSENTIAL DUTIES AND RESPONSIBILITIES
• Collects and analyzes data to determine costs of business activity on all levels of inventory. • Maintains, analyzes, and updates all aspects of the Companys standard cost system through reviewing and analyzing the bill of materials and associated routers. • Provides management with reports specifying factors affecting prices and profitability of products through the maintenance of the current cost system. • Records, reviews, and investigates actual manufacturing costs and prepares monthly reports comparing standard costs to actual production costs. • Investigates and analyzes scrap usage and purchase price variance monthly. • Analyzes differences between budgeted and actual spend. • Responsible for planning, coordinating, and overseeing the Companys cycle counting policy. • Maintains updates and records all transactions concerning the fixed asset system. • Reports all necessary methods of depreciation for the varying taxing authorities. • Assists in month-end close of the general ledger. • Responsible for Capital Spend tracking and verification of productivity projects. • Updates and reports Quarterly Pay-for-Performance PFP calculations. • Complies with and conducts business in accordance with the letter, spirit, and intent of all relevant laws and regulations, policies, work procedures, instructions, wherefore refrains from any illegal, dishonest, unethical conduct. • Maintains communications with all employees, vendors, customers, and others in a cooperative and professional manner while treating them with dignity, respect, and courtesy. • Performs other related duties as required and may be assigned.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
ESSENTIAL EDUCATION, SKILLS, AND EXPERIENCE
• Education: Bachelors degree in Accounting or Finance. A Masters degree in Business Administration (MBA) completed or in progress is preferred. • Work Experience: Three (3) or more years of related experience in manufacturing cost accounting principles and/or public accounting experience is preferred. • Excellent computer skills with strong proficiency in Windows interface, Microsoft Office package, Outlook, Word, Excel, and knowledge in INFOR ERP, Powerlink, and MAPICS, and/or similar systems. • Strong written and verbal communication, presentation skills. • Consistent adherence to deadlines with detailed and quality work. • Ability to act as an owner and dedication to outperformance. • Exceptional leadership, analytical, and problem-solving skills. • Exhibits a professional manner in dealing with others throughout the organization. • Previous supervisory experience would be beneficial.
Physical Requirements
While performing the duties of this job, the employee is regularly required to stand, use hands and fingers, handle or feel, and reach with hands and arms. The employee is occasionally required to walk and move about the facility, sit, and talk or hear. The employee may lift and/or move up to 10 pounds and occasionally lift and/or move up to 30 pounds.
US Person Export Control Requirements
This position must meet US Person" Export Control Requirements as defined by 22 CFR 120.62 - US Person means a person who is a lawful permanent resident as defined by 8 U.S.C. 1101a20 or who is a protected individual as defined by 8 U.S.C. 1324ba3." Or a successful foreign person candidate must be eligible to obtain any required export authorizations.