What are the responsibilities and job description for the Senior Cost Accountant position at Columbia Helicopters?
For over 65 years, Columbia Helicopters have been a trusted provider of heavy-lift helicopter services. We create new aircraft, fly heavy-lift helicopters around the world, and provide maintenance support to ensure you are mission-ready for critical operations. If you are passionate about aviation, join our Columbia Family!
The Senior Cost Accountant will apply principles of cost accounting to conduct studies which provide detailed cost information not supplied by general accounting systems. This position is a crucial member of the finance organization and will work regularly with the manufacturing operations, aftermarket, and supply chain teams. The position will be supporting cost and management accounting functions, financial reporting and analysis, month-end financial closing, and audit. In addition, the position will require an individual with a robust investigative mindset who can work through efficiency improvements and opportunities as they present.
What You Will Do
Cost Management
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
The Senior Cost Accountant will apply principles of cost accounting to conduct studies which provide detailed cost information not supplied by general accounting systems. This position is a crucial member of the finance organization and will work regularly with the manufacturing operations, aftermarket, and supply chain teams. The position will be supporting cost and management accounting functions, financial reporting and analysis, month-end financial closing, and audit. In addition, the position will require an individual with a robust investigative mindset who can work through efficiency improvements and opportunities as they present.
What You Will Do
Cost Management
- Oversees inventory and related work order systems including physical to perpetual to general ledger reconciliations, journal entries, audit explanations, and standard costs
- Monitors and reports periodic requirements of manufacturing systems to ensure timing and accuracy of standards and gross margins and provides meaningful analysis of results
- Supports preparation and execution of annual standard cost roll
- Leads processes involving establishment of standard costs of new parts, and review and analysis of standard costs for existing parts
- Analyzes the purchase price variance general ledger account
- Audits cycle count activity, selection of items to be counted, recount decisions, research of discrepancies, and reports on root causes and progress toward making improvements for greater quantity and physical accuracy
- Prepares, reviews and distributes absorption report and compares with forecast
- Provides cost support to cross functional areas as requested
- Provides product cost information utilized in month end financial closing
- Performs reporting activity throughout the month on margins, absorption, PPV and other metrics to ensure timing and accuracy of standards and gross margins
- Directs development and review of cost analysis reports and works with manufacturing department heads to formulate corrective actions
- Maintains the integrity and accuracy of product cost data
- Updates and distributes program costing on a monthly basis
- May supervise and/or mentor other members of the cost accounting staff
- Performs monthly closing activities including preparation and approval of journal entries
- Oversee inventory accuracy, E&O, valuation and borrowing base requirements
- Prepares account reconciliations
- Financial Reporting/SOX
- Assists in SOX and/or government compliance audits, internal and external audits
- Assists in the development and installation of accounting systems, procedures and controls associated with cost accounting.
- Ensures ERP system integrity and accuracy of general ledger and cost accounting data.
- Bachelors degree in Accounting/Finance
- 5 years prior manufacturing accounting/finance experience
- Experience with US Govt cost based proposals required
- Strong Microsoft Excel skills
- Strong analytical and organizational skills
- Adaptability to manage multiple and varied tasks
- Ability to work with individuals and teams at all levels of the organization
- Exceptional communication, attention to detail and problem-solving skills are essential.
- Must be a U.S. Person
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)