Cost Accountant

Job Title:

Cost Accountant
Department:
Accounting & Finance

Reports To:

Vice President of Finance
FLSA Status:
Exempt

For more than sixty years Marathon Norco 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.

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 include the following. Other duties may be assigned.

• Collects and analyzes data to determine costs of business activity and variances on all levels of inventory.
• Maintains, analyzes, and updates all aspects of the Company’s 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 Company’s 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 in with dignity, respect and courtesy.
• Performs other related duties as required and may be assigned.

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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Education:
  
  Bachelor’s degree (BBA/BSBA) in Accounting or Finance. A Master’s degree in Business Administration (MBA) completed or in progress, is preferred.
• Work Experience:
  
  Three (3) or…