What are the responsibilities and job description for the Supervisor Cost Accounting position at Elbit Systems of America?
Company Information
Elbit America is a leading provider of high-performance products, system solutions, and support services focusing on the defense, homeland security, commercial aviation, and medical instrumentation markets. With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT), a global high-technology company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: ElbitAmerica.com or follow us on YouTube.
Job Summary
The Supervisor, Cost Accounting leads a team responsible for the accuracy, analysis, and reporting of revenues and program costs. This role oversees cost accounting processes, ensures compliance with internal controls and regulatory requirements, and partners closely with Business Unit Finance, Operations, Supply Chain, and Program Management to support decision-making. The supervisor drives continuous improvement in cost methodologies, cost transparency, and financial reporting.
Key Responsibilities
Elbit America is a leading provider of high-performance products, system solutions, and support services focusing on the defense, homeland security, commercial aviation, and medical instrumentation markets. With facilities throughout the United States, Elbit Systems of America is dedicated to supporting those who contribute daily to the safety and security of the United States. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT), a global high-technology company engaged in a wide range of programs for innovative defense and commercial applications. For additional information, visit: ElbitAmerica.com or follow us on YouTube.
Job Summary
The Supervisor, Cost Accounting leads a team responsible for the accuracy, analysis, and reporting of revenues and program costs. This role oversees cost accounting processes, ensures compliance with internal controls and regulatory requirements, and partners closely with Business Unit Finance, Operations, Supply Chain, and Program Management to support decision-making. The supervisor drives continuous improvement in cost methodologies, cost transparency, and financial reporting.
Key Responsibilities
- Supervise, coach, and develop a team of cost accountants, ensuring timely and accurate cost reporting.
- Apply declarative revenue recognition rules on a program-by-program basis for application to forecasted/actual performance.
- Validate and analyze monthly, quarterly, and annual cost results; prepare management reporting and insights.
- Ensure compliance with GAAP, FAR, CAS, and internal audit requirements.
- Review and approve journal entries, reconciliations, and variance analysis.
- Lead or support audits, cost reviews, and process improvement initiatives.
- Identify opportunities to improve cost accuracy, strengthen controls, and streamline processes.
- Provide technical accounting support to corporate accounting groups and the business units.
- Ad hoc financial reporting.
- A bachelor’s degree in accounting
- 2-3 years of experience leading employees; formal supervisory experience preferred
- 5 or more years of applied cost accounting experience
- Due to the nature of the work performed, candidates MUST BE a U.S. citizen or Resident Alien.
- Knowledge of the defense industry or electronics manufacturing
- Leadership and team development
- Historical ASC606 Revenue Recognition and/or Cost experience
- Advanced experience with office software tools, including Microsoft Excel
- Self-starter & innovator
- Able to focus on program details while achieving top-level process improvement objectives
- Works well individually and as part of a team
- Very organized with extraordinary attention to details
- Most locations offer a 9/80 schedule, providing every other Friday off
- Competitive compensation & 401(k) program to plan for your future
- Robust medical, dental, vision, & disability coverage with qualified wellness discounts
- Basic Life Insurance and Additional Life & AD&D Insurances are available
- Flexible Vacation & PTO
- Paid Parental Leave
- Generous Employee Referral Program
- Voluntary Benefits Available: Longer Term Care, Legal, Identify Theft, Pet Insurance, and more
- Voluntary Tricare Supplement available for military retirees
- If you encounter issues with your application, please email TalentAcquisition@ElbitAmerica.com***