Position Summary

The Senior Cost Accountant will be responsible for implementing, maintaining, and updating all aspects of the cost accounting system. This role will be heavily involved with the Operation’s team ensuring accurate and up to date inventory valuation and is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The ideal candidate is meticulously organized, proactive, and has a comprehensive understanding of accounting processes and procedures. The position will be heavily involved in the month end close process. 

Matrix Composites (an ITT Company) designs and manufactures a broad range of high-performance composite components and assemblies. Founded in 1993, Matrix serves the unique needs of customers engaged in critical applications in industries such as Aerospace, Defense and Commercial/General Aviation. Full-service capabilities include design, development, tooling, fabrication, testing and integration.Safety is a core value at Matrix Composites. Our department managers/supervisors play a critical role in creating and maintaining a safe workplace for our employees by following all Matrix Composites safety policies and procedures and by observing employees to ensure that safety procedures are followed.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Essential Responsibilities

• Perform month end close activities related to Cost Accounting- Journal entries, variance analysis, reconciliations, calculating metrics, and ad hoc reporting.
• Generate PPV reports and analyze findings.
• Update weekly KBM Dashboard for Operations team.
• Become a trusted adviser and provide support that will assist in decision making to the operations team.
• Analyze costs of raw materials and other supplies and create cost-benefit analyses for changing vendors.
• Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
• Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs
• Reconcile perpetual inventory to GL - Ensure that inventory counts are taking place and are accurate; investigate in conjunction with Operation’s group any variances that appear.
• Conduct inventory reserve analysis on a quarterly basis and generate reports for senior management
• Establish standard costs and update them as appropriate- Set up new raw material, packaging, WIP, and FG items; create and maintain production BOMs; maintain periodic cost rolls/updates.
• Maintain work paper documentation that provides an effective audit trail and evidence of compliance with USGAAP and Sarbanes/Oxley.
• Work with internal and external auditors when required- Assist in developing and documenting policies and procedures, including system requirements and internal controls.
• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
• Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing
• Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc.

Position Requirements

• Minimum BA/BS in Finance/Accounting/ Economics
• Minimum 5 years’ experience cost accounting or 7 years of general accounting or financial analysis experience.
• Ability to organize workload and manage multiple projects in a dynamic environment.
• Excellent problem solving and analytical skills.
• Team player with strong written and verbal communication skills.
• Demonstrated respect for culture of ethics and compliance.
• Command of Excel, Access, and other Microsoft Office products.
• Current experience with Oracle and Hyperion is preferred but not required.
• Ability to self-start on various analytical projects, including research, investigation, modeling including presentation of findings to management and site leadership