About magniX

Based in Washington state, magniX is a leader in electric propulsion for aerospace & defense, working to revolutionize how the world connects by transforming the way aircraft are powered. magniX has been at the leading edge of electric propulsion innovation for quite some time, proving our technology in flight. We are now ready to take our technology and products to market. Be part of a passionate team that is ushering in the 3rd era of aviation.

About the Role

The Project Cost Controller will collaborate with team leaders to develop a comprehensive budget baseline that supports our scheduled commitments for magniX's NASA program. You will be responsible for the project budgets, calculating budgeted and actual rates, analyzing, investigating variances, and managing change control.

Primary Responsibilities

• Create detailed baseline budgets to support multiple projects.
• Track actual spending against budgets to provide real-time status.
• Develop and implement procedures to support cost control.
• Collaborate with team leaders to develop and manage a cost change control process.
• Calculate actual direct labor and overhead rates, investigate variances to budget, and build forecast rates.
• Establish metrics for periodic reviews, prepare reports, perform analysis, and lead review discussions.
• Provide variance reporting and analysis to ensure any deviation from the project plan is highlighted, analyzed, and reported as directed.
• Monitoring person-hours and cost progress.
• Working with supply chain and Project Management teams to ensure proper allocation of all POs and invoices.
• Create ad-hoc reports as needed and dashboards for a high-level executive summary.
• Support the business with analysis for new projects and proposed changes of scope to existing projects.
• Support audits as needed and business to improve internal controls.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or equivalent discipline 
• 5 years of relevant experience OR an Advanced degree and 3 years of relevant experience.
• Experience with government program cost management preferred 
• Strong familiarity with Critical Path Methods (CPM)
• Strong familiarity with Earn value Management and DCMA 14-point assessment.
• Robust analytical skillset and great attention to detail.
• Self-starter and open to continuous improvement.
• Excellent written communication and presentation skills.
• Strong background with MS Office applications: Excel (lookups, pivot tables), PowerPoint -create presentations, Projects.

Preferred Qualifications

• SAP Business One and SQL queries.
• Experience with government contracts.
• Experience with SPI and CPI reporting.

Compensation & Benefits

magniX benefits include:

• 100% company-paid health insurance premiums (for employees & dependents)
• 9.5% 401K company contribution
• On-Site or Hybrid work options (3 days on-site, 2 days WFH)
• 4 weeks paid vacation 1-week annual end-of-year shutdown
• Relocation package including flights, 2-week accommodations, and moving allowance
• Catered Friday lunches and other fun company events!

magniX is an equal-opportunity employer. We value and embrace diversity. We do not discriminate based on race, color, national origin, religion, gender, gender identity or expression, sexual orientation, marital status, age, or disability status.