Senior Cost and Project Accountant I

Senior Cost And Project Accountant I

Based at Rocket Lab's Solar Manufacturing facility in Albuquerque, New Mexico the Senior Cost Accountant will be responsible for contract revenue, cost of sales and inventory. This position requires the ability to maintain accurate revenue and cost of sales for significant Rocket Lab customer contracts.

The Senior Cost & Project Accountant I will report to the Program Accounting Manager and work closely with the accounting team and partner with various team members throughout the organization.

What You'll Get To Do:

• Responsible for project revenue & cost recognition
• Update and reconcile customer contract backlog and customer contract asset & liability
• Track and reconcile inventory
• Support EAC cycle for project estimates and revenue recognition
• Review and interpret new contracts using the 5 step 606 accounting revenue standards
• Set up programs and charge codes in the accounting system
• Initiate process improvement projects
• Investigate and provide feedback on accounting irregularities
• Other duties as assigned
• Month End Activities:
  • Book journal entries to recognize OT and PIT revenue and cost of sales
  • Book journal entries and reconcile contract asset & liability
  • Book journal entries to adjust and reconcile inventory as needed
  • Document revenue and cost of sales processes - SOX control requirements
  • Prepare monthly and quarterly reporting requests as needed
  • Develop project cost processes as required

You'll Bring These Qualifications:

• 5+ years of experience and a bachelor's degree, or equivalent years of work experience (HS Diploma and 9+ years of work experience)
• Strong cost accounting experience in a complex manufacturing environment
• Strong ERP systems knowledge and experience
• Proven experience in providing financial decision support

These Qualifications Would Be Nice To Have:

• Excellent interpersonal, verbal, and written communication skills with the ability to explain project cost information to others
• Advanced Excel and analytical skills desirable

This position may require prolonged periods of sitting, standing, walking, computer work, and occasional exposure to moderate levels of noise, dust, and fumes in production areas.