Senior Accountant

Position Summary

Covington Aircraft is seeking an experienced, hands-on Senior Accountant to lead the company’s day-to-day accounting activities. This position will provide strong ownership of routine accounting operations while helping strengthen the company’s financial processes and reporting.

The Senior Accountant will be responsible for general ledger accounting, accounts payable, accounts receivable, account reconciliations, and support for the monthly financial close. The position will also play an important role in Covington Aircraft’s transition to a new ERP system and in improving inventory accounting, tracking, and controls across the organization.

The ideal candidate is accurate, dependable, process-minded, and comfortable working across departments in a growing aviation maintenance, repair, and overhaul environment.

• Maintain the accuracy, completeness, and integrity of the general ledger.
• Review all journal entries, accruals, allocations, and account adjustments.
• Review monthly balance sheet and general-ledger account reconciliations.
• Lead the day-to-day components of the monthly, quarterly, and year-end close processes.
• Review account activity for errors, unusual transactions, and potential misclassifications.
• Provide the Controller with timely and accurate consolidated financial statements.

• Oversee daily accounts payable and accounts receivable activities.
• Responsible for maintaining the vendor master file.
• Review vendor invoices for accuracy, authorization, account coding, and supporting documentation.
• Coordinate and authorize payment schedules.
• Monitor customer invoicing, collections, cash applications, credits, and account discrepancies.
• Review AP and AR aging reports and communicate issues requiring management attention.
• Work with operational teams to resolve billing, purchasing, receiving, and payment discrepancies.
• Identify opportunities to improve the efficiency and accuracy of AP and AR processes.

• Work closely with purchasing, receiving, warehouse, production, and operational leadership to improve inventory accuracy.
• Reconcile inventory subledgers to the general ledger and investigate differences promptly.
• Support the accounting treatment of aircraft parts, work-in-process, repair orders, core inventory, and other inventory-related transactions.
• Oversee cycle counts, physical inventory counts, and investigation of inventory variances.
• Monitor inventory adjustments, transfers, obsolescence, and valuation.
• Help develop and maintain effective inventory procedures and internal controls.
• Provide greater financial visibility into inventory levels, usage, costs, and variances.
• Identify inventory issues that could affect financial reporting, operational performance, or cash flow.

• Serve as a key accounting resource during the company’s transition to a new ERP system.
• Assist with data cleanup, account mapping, system configuration, testing, validation, and implementation.
• Document current accounting processes and help design improved future-state workflows.
• Ensure appropriate accounting controls and approval processes are incorporated into the new system.
• Support integration of the general ledger, purchasing, inventory, accounts payable, accounts receivable, and operational data.
• Assist with user training and adoption across accounting and operational departments.
• Identify opportunities to reduce manual work, improve reporting, and strengthen data integrity.

• Maintain organized, complete, and audit-ready accounting records.
• Help develop, document, and enforce accounting policies and internal controls.
• Support external audits, tax preparation, banking requests, and other financial reviews.
• Prepare requested schedules and supporting documentation.
• Help ensure compliance with company policies and applicable accounting standards.
• Protect confidential financial, employee, customer, and vendor information.
• Perform additional accounting and finance responsibilities as assigned.