Senior Cost Accountant

About the role:

Our client specializes in the design and production of precision control systems and related components. It serves the aerospace and defense sectors, supplying advanced control solutions that meet rigorous performance and reliability standards. The organization emphasizes engineering excellence, quality manufacturing, and compliance with industry certifications to support leading aircraft and defense platforms. Its operations integrate research, design, and production under one location, contributing to consistent product quality and innovation in motion control technologies.

Requirements:

The organization is a leading manufacturer of precision control systems and components serving aerospace and defense markets. It provides advanced engineering and manufacturing solutions designed for performance, reliability, and compliance with stringent industry standards. With integrated research, design, and production operations located in Sylmar, California, the company delivers continuous innovation and high-quality motion control technologies.

• Prior experience as a cost accountant in a complex manufacturing environment.
• Strong knowledge of Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and the Truth in Negotiations Act (TINA).

Day to Day Responsibilities:

The Senior Cost Accountant performs a wide range of duties related to inventory valuation, government cost proposal development, TINA rate maintenance, and management reporting. The role requires exceptional analytical ability, sound judgment, and creative problem-solving skills. A solid understanding of inventory valuation in compliance with US GAAP and FAR regulations, along with maintaining a strong internal control environment, is essential.

Key Responsibilities

• Execute all inventory valuation procedures during month-end close, including reconciliations, valuation analysis, journal entries, and financial reporting.
• Calculate and maintain reserves for excess, obsolete, quarantine, and aged inventory, as well as lower of cost or net realizable value adjustments.
• Develop and oversee inventory-related processes and internal controls, including cycle count planning.
• Create and maintain TINA-compliant rates, supporting audits and government cost proposals.
• Develop certified cost and pricing proposals for government contracts.
• Calculate and monitor manufacturing overhead rates and analyze production cost variances.
• Review cost allocation methodologies and identify opportunities for process optimization, cost reduction, and improved working capital management.
• Design and develop analytical tools and dashboards using Power BI for financial and operational reporting.
• Collaborate with cross-functional teams to define meaningful KPIs and ensure data accuracy.
• Participate in internal, external, SOX, and DCAA audits.
• Support special projects and ad-hoc financial analyses.
• Uphold ethical standards and ensure compliance with company policies and regulatory requirements.