Cost Accountant

Join to apply for the Cost Accountant role at Innovative Solutions & Support

3 weeks ago Be among the first 25 applicants

Join to apply for the Cost Accountant role at Innovative Solutions & Support

• Review and ensure accuracy of product cost of sales, and program costs specific to engineering design and modification projects on a monthly basis.
• Maintain cost accounting records in consultation with Purchasing and Manufacturing Engineering to assure and maintain the integrity and control of systems and programs used to accumulate and report cost data.
• Analyze material and labor standards for reasonableness and validate proposed cost changes to ensure correct valuation.
• Provide a detailed analysis of manufacturing costs by product line, product market segment and business type for management reporting.
• Provide support for cost analysis on material, labor and other indirect costs.
• Maintain and update sales price list to ensure that standard costs and overhead factors used to calculate price list for products are up to date.
• Perform and assume other duties and responsibilities as assigned.

Responsibilities

• Review and ensure accuracy of product cost of sales, and program costs specific to engineering design and modification projects on a monthly basis.
• Maintain cost accounting records in consultation with Purchasing and Manufacturing Engineering to assure and maintain the integrity and control of systems and programs used to accumulate and report cost data.
• Analyze material and labor standards for reasonableness and validate proposed cost changes to ensure correct valuation.
• Provide a detailed analysis of manufacturing costs by product line, product market segment and business type for management reporting.
• Provide support for cost analysis on material, labor and other indirect costs.
• Maintain and update sales price list to ensure that standard costs and overhead factors used to calculate price list for products are up to date.
• Perform and assume other duties and responsibilities as assigned.

Professional Requirements

• BS degree in Accounting or Finance with three to five years of cost accounting experience with a manufacturing company that designs and develops its products.
• Advanced knowledge of cost accounting in a manufacturing environment.
• Working knowledge of manual and automated accounting systems, preferably in a manufacturing environment.
• Strong analytical and reasoning skills.
• Must have strong advanced Excel skills.

Anticipated Growth

• Acquire direct knowledge of IS&S Quality System – 6 months
• Learn IS&S products, Company and department procedures – 6 months
• Acquire knowledge of MINX system & supporting processes– 3 months
• Acquire direct knowledge of inventory and product cost. Investigate supporting details as required to assure accurate reporting – 6 months

Innovative Solutions & Support (IS&S) is an Equal Employment Opportunity and VEVRAA Employer. IS&S is committed to Equal Employment Opportunity and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, or national origin. Moreover, IS&S is committed to Company wide affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex national origin, protected veteran status or disability.

Seniority level

• Seniority level
  
  Mid-Senior level

Employment type

• Employment type
  
  Full-time

Job function

• Job function
  
  Accounting/Auditing and Finance
• Industries Aviation & Aerospace

Referrals increase your chances of interviewing at Innovative Solutions & Support by 2x

Apply BELOW