Description
Summary
Determines and implements cost accounting procedures and methods in a manufacturing environment. Determines and maintains standard costs and inventory valuation accuracy for all items. Forecasts costs for new projects and validates existing costs. Team player in a growing business. Ensure compliance with CAS and ASC 606 revenue recognition. Review and analyze variances, maintain standard cost and adhere to Crissair/ESCO SOX program.
Job Duties and Responsibilities
Other tasks and duties may be required as directed.
- Cost Accounting & Standard Cost Management
- Review, analyze, and reconcile standard and actual costs, identifying inaccuracies, trends, and opportunities for improvement.
- Analyze manufacturing variances (labor, material, overhead, usage, and rate variances) and recommend corrective actions; update standard costs as needed.
- Develop, maintain, and validate standard cost system settings, routings, bills of materials, and overhead rates to ensure accurate and timely financial transactions.
- Take ownership and manage annual cost rolls.
- Cost Estimating & Pricing Support
- Research, develop, and prepare detailed cost estimates for all new part numbers, engineering changes, and customer quotations, including materials, labor, overhead, and outside processing.
- Prepare and present cost and margin analyses to support pricing decisions, profitability analysis, and management reporting.
- Assist in budgeting and forecasting activities, including overhead rate development and cost assumptions.
- Manufacturing & Operations Cost Analysis
- Partner with operations and engineering to review and validate routings and labor standards, ensuring alignment with actual production processes.
- Develop and implement processes and internal controls to ensure accurate recording of actual labor times, machine hours, and production activity.
- Inventory Accounting & Control
- Calculate and maintain perpetual inventory values, including inventory reserves, excess and obsolete inventory analysis, and cycle count adjustments.
- Validate correct inventory amounts through physical and cycle counts.
- Financial Close & Accounting Support
- Support month-end close activities, including inventory and cost-related journal entries, account reconciliations, and variance explanations.
- Prepare revenue recognition worksheets, journal entries & maintains support.
- Compliance, Audit & Tax Support
- Support audits (internal and external) by providing documentation, analysis, and explanations related to cost accounting and inventory valuation.
- Support R&D tax requirements and other tax dept. requests as needed.
- Process Improvement & Documentation
- Continuously evaluate and improve cost accounting processes, tools, and reporting to enhance accuracy, efficiency, and decision support.
- Generate and maintain desk top procedures as required.
- Cross-Functional Finance Support
- Support other areas of the Finance department on a backup basis; areas included but not limited to Accounts Payable, Financial Planning, Cost Estimating, and Accounts Receivable.
Qualification Requirements
- Education/Experience
- Bachelor's Degree (B.A. or B.S.) from four-year college or university in Accounting or Finance
- 3-5 years of previous experience in a manufacturing standard cost environment
- Thorough knowledge of accounting procedures.
- Excellent analytical skills with attention to detail.
- Strong time management skills.
- Language Skills
- Strong command of the English language, both written and spoken.
- Ability to read, analyze, and interpret common scientific, technical, business and professional journals, financial reports, legal documents and governmental regulations.
- Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
- Ability to write reports, business correspondence, and procedure manuals.
- Ability to effectively present information and respond to questions from groups of managers, customers, and employees.
- Math Skills
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
- Ability to work with mathematical concepts such as probability and statistical inference.
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Ability to apply concepts of basic algebra.
- Reasoning Skills
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
- Computer/ Office Skills
- Accounting Software - D365 experience preferred
- Basic windows/internet browser
- ERP/Inventory
- Microsoft Office - Advanced Excel (proficiency to include pivot tables), file linking & macros Word, Power Point
- Typing/10-key
- Detail oriented. Sound understanding of bills of material, routings, standard cost elements and ASC 606.
Physical Demands and Work Environment
- Physical Demands
- Vision Requirements
- Work Environment
- Frequent exposure: Very quiet-to-quiet noise
Occasional exposure: Mechanical parts, fumes, airborne particles, toxic chemicals, moderate-to-loud noise levels
- Rare exposure: High places, outdoor weather, electrical shock, vibration, very loud noise
About Crissair, Inc.
Since 1954, Crissair has manufactured high-quality precision components for nearly every airframe manufacturer and major subcontractor in the industry for both military and commercial aircraft. Crissair's primary objective is designing, developing and manufacturing superior quality hydraulic, fuel and pneumatic system components of all complexity levels. Strict design specifications and rigorous quality criteria are the essential factors in Crissair's success. Our deep knowledge and understanding of our markets and customers' industries allow us to adapt and deliver quality relevant products and services. This experience, together with our commitment to a customer-centric culture, is the reason why many of the world's largest companies turn to Crissair as a partner on everything from day-to-day operations to some of the most challenging Aerospace projects around the world.
Compensation and Benefits Offered
Actual base salary offered to the selected applicant will be based on their work location, qualifications, job related skills, relevant education, and training experience. Base salary range Minimum $97,000 - Maximum $117,000 Crissair offers the following benefits to regular full time employees:
- Medical (PPO or HMO), Dental, and Vision Insurance
- Healthcare Flexible Spending Account or Health Savings Account
- 401(k) Retirement Plan with company match
- Stock Purchase Plan with company match
- Company Paid Basic Life Insurance
- Paid Time Off, Sick Leave, Bereavement Leave, Paid Jury Duty & Holidays
- Parental & Caregiver Leave
- Professional Education Assistance Program
- Employee Assistance Program
- Employee Appreciation Incentives (Birthdays, Service Awards, etc.)
- PPE Reimbursement
Crissair, Inc. respects your privacy. To learn more, please read our Privacy Statement Crissair, inc. Is an equal opportunity employer. Applicants are considered on the basis of skills, experience, and qualifications without regard to race, color, religion creed, sex, sexual orientation, age, national origin, ancestry, marital status, physical and mental disability, veteran status, medical condition, genetic information or characteristics, gender and gender identity, or any other legally protected status. Please note, the company provides goods and services to the US government under the International Traffic in Arms Regulations (ITAR) and must comply with the requirement that all employees be US citizens or Permanent US Residents with valid green cards. We comply with the Los Angeles County Fair Chance Ordinance for employers. We will not inquire about your criminal history until after a conditional offer of employment has been made. Any criminal history will be considered in accordance with applicable laws and regulations. Crissair, Inc. is committed to providing equal employment opportunities to all applicants, including those with disabilities. If you require a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Human Resources at (661) 367-3300.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
|