Senior Cost Accountant (Hybrid) - Military Veterans

Date Posted:

2023-03-16

Country:

United States of America

Location:

HAZ10: Interiors (Lighting) - Phoenix 3414 S 5th Street, Phoenix, AZ, 85040 USA

Position Role Type:

Hybrid

Reporting to the Controller 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 Interiors Finance organization and will work with the Business Unit Finance Department, Business Unit Leadership, and Operations teams. The position will be supporting cost and management accounting, financial reporting and analysis, month-end financial closing, and audit. The role requires strong communication skills and critical thinking. In addition, the position will require a robust investigative mindset and can work through efficiency improvements and opportunities as they present.

This role is hybrid in Phoenix, AZ.

Primary Responsibilities:

• Cost Management
  • Manages inventory and related work order systems including physical to perpetual to general ledger reconciliations, journal entries, audit explanations, and standard costs.
  • Manages periodic requirements of manufacturing systems to ensure timing and accuracy of standards and gross margins and provides meaningful analysis of results.
  • Manages preparation and execution of annual standard cost roll.
  • Manages 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 activities throughout the month on margins, absorption, PPV and other metrics to ensure timing and accuracy of standards and gross margins.
  • Directs development of and reviews 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.
• General Accounting 
  • Prepares account reconciliations.
  • Performs monthly closing activities including preparation and approval of journal entries.
• Financial Reporting/Sox
  • Assists in SOX compliance audits, internal and external audits.
• Financial Systems
  • Assists in the development and installation of accounting systems, procedures and controls associated with cost accounting.
  • Ensures SAP system integrity and accuracy of general ledger and cost accounting data.
• Bid Support
  • Provides support for bids on new contracts.
  • Manages cost accounting requirements in support of sales & marketing and customer service sales quotation process.
  • Performs product cost and profitability analysis related to customer RFQ process.

Qualifications/Experience Needed: 

• Typically requires a University Degree and minimum 5 years prior relevant experience or an Advanced Degree in a related field and minimum 3 years of experience or in absence of a degree, 9 years of relevant experience. 
• Must be a U.S. Person/Permanent Resident “Green Card” holder.

Preferred Qualifications:

• SAP experience a plus
• Knowledge of Microsoft Excel
• 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.

#LI-PT1

Raytheon Technologies is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

Privacy Policy and Terms:

Click on this link to read the Policy and Terms