FLSA Status: Salary/Exempt

Reports To: FEC’s Controller

Start Date: ASAP

Location: Braintree, MA, U.S.A.

Job Summary

The First Electronics Corporation (FEC) a Trexon company is hiring for a Cost Accountant at their Braintree, MA office. The First Electronics Corporation (FEC) specializes in the manufacture of over-molded, extra flexible, multi-conductor, fully EMI-shielded cable assemblies, harnesses and electro-mechanical assemblies custom built for military applications and harsh environments. This role will provide Operational and Accounting support to the Business Unit Controller at the First Electronics Corporation (FEC). 

The successful candidate will provide back-up support to the BU Controller and posess strong operational potential and an accounting background; Possess the ability to think on their own and take pride in being able to move the organization;Is motivated to learn manufacturing; A proven quick learner who perseveres on each assigned task. This position requires a strategic thinker with strong analytical skills, the ability to adapt to a rapidly evolving business landscape, and a keen understanding of the manufacturing industry.

Principal Responsibilities, Duties & Tasks

Monthly Close:

• Stock Status analysis and booking of entry
• Analyze, prepare and challenge accounting reports including prepare reconcilations to Corporate:
• Accounts Receivable, Accounts Payable, Invoices received but not vouchered, Fixed Assets
• Cash reconcilation and analysis
• Reconcile and post AMEX expenses
• Process payroll including all adjustments and work with HR on issues
• Run month end reports at close on last business day and deposit in repository
• ASC 842 review and posting
• Misc journal entries Real Estate tax, Braintree R&M, Rent payment ACH

Plant Analysis:

• Cash Flow Actual and Forecast reporting weekly
• Run and analyze utilization report including OT impact / report
• Close all jobs marked complete dailey and work with line managers on any problems
• Assist with any and all billing/RMA/DMR adjustments
• Daily sales and orders report input
• Wire transfers, ACH, payment research, other
• Cycle count process - drive Report, Analyze, Approve, Record (RAAR)
• Analyze and process out-of-cycle payments to critical suppliers

Support to the BU Controller in the following areas:

• Operations Review
• Budgets, Forecasts and Strategic plans
• Factory Metrics and reporting
• Annual audit program
• Review WIP reports with line
• Review Sales / GM reports with line
• IWR / capture - proactive review and troubleshooting
• Special projects

Other areas of interest:

• Help manage the new business funnel and push the quoting and order receipt process and forecast input
• Deep dive into the factory and analyze standard hours and performance on jobs - utilization and shipment metrics need to be improved
• Review Fixed assets and re-engineer the approval (CAPEX file) and cash flow which is a key to good Cash flow Forecast
• Deep dive into RMA's and DMR's to ensure speedy payback when we fail
• Chelsea financial presence one or two days a week to get ahead of things
• Assist with Inventory disposal program in Dorchester to Braintree - in progress
• Process change to lesson billing mistakes in process

Minimum Qualifications

This position requires use of information or access to hardware and documents which are subject to the International Traffic in Arms Regulations (ITAR). This position must be able to comply with the requirements of ITAR and other U.S. export control laws.

The minimum qualifications listed below are representative of the knowledge, skills and abilities needed to perform this job successfully.

• Bachelor’s degree in Finance, Accounting or related field required
• Strong understanding of Financial/Accounting principles
• Strong analytical abilities with sharp attention to details a must
• Advanced ability to analyze and interpret large data set from complex structure, and communicate impact on the business
• Proven record of leading global process development and implementation cross‐regionally and cross- functionally
• Operational accounting and finance experience with dynamic organization desirable
• Ability to manage multiple projects with competing demands on resources
• Superior communication skills
• Highly proficient in Microsoft Office software (Excel, Word, PowerPoint)
• Solid experience with ERP, BI, Financial Planning and Reporting systems
• M&A valuation and integration experiences desired

Education

BS degree in Accounting or Business

CMA aspirations preferred but not required

Experience

• 3-5 years of progressive experience/responsibility in financial/business/operations analysis