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Cost Accounting Manager

Standard Aero
United States, California, Stockton
Nov 24, 2024
Cost Accounting Manager - Stockton, CA

Build an Aviation Career You're Proud Of

At Aero Turbines Inc., a company of StandardAero, we use our ingenuity and know-how to find solutions for the simple to the most complex challenges in aviation. Together, we get the job done and done well. Our stability, resources, and respectful culture supports you in building a solid career with a great team you can count on day in and day out for the long term.

As a Cost Accounting Manager, you will forecast, collect and analyze financial information related to the company's Revenue, Direct Margin, and Inventory.

What you'll do:

- Provides detailed financial analysis and reports Accounting, Sales, and Production to include program and product profitability reporting.

- Prepares periodic cost reconciliation reports tracking data such as changing labor and supply costs.

- Manage inventory valuation and maintain inventory reconciliations

- Monitors warehouse facilities to evaluate inventory transactions such as receiving, storage, shipping, and inventory integrity.

- Participate in the ongoing 24-month SIOP reporting.

- Analyze past financial performance to predict future performance and to advise the company on its financial strategy.

- Provide creative alternatives and recommendations to reduce costs and improve financial performance

- Assemble and summarize data to structure sophisticated reports on financial status and risks

- Develop financial models, conduct benchmarking, and process analysis.

- Conduct business studies on past, future and comparative performance and develop forecast models

- Identify trends, advise, and recommend actions to Controller and senior management based on sound analysis

- Track and determine financial status by analyzing actual results in comparison with forecasts.

- Collaboration with Purchasing team weekly for inventory purchases.

- Collaborate with Planning team for Military and Customer service for Commercial revenue forecast.

- Assists with the interpretation of customer requirements into feasible options and communicating these back to the business stakeholders.

- Drives process improvement and policy development initiatives that impact the function

- Maintains expert understanding of company Inventory and Inventory systems to insure accurate inventory and direct costs

- Supports the Pricing and Proposal function by providing historical costing information for all elements of cost.

Requirements:

- Must be authorized to work in the U.S.

- High school diploma or GED required.

- Bachelor's degree in accounting, finance, or related field required.

- 5 - 10 years of professional work experience as an accountant, auditor, or analyst.

- Previous experience as a cost account or program finance analysist in an actual manufacturing environment is required.

- Excellent analytical and problem-solving skills.

- Excellent organizational skills and attention to detail.

- Thorough understanding of cost accounting principles and procedures.

- Proficient in spreadsheets, databases, MS Office, and financial software applications

- Excellent verbal and written communication skills.

- Strong fluency with Excel formulas and Functions

- Outstanding presentation, reporting and communication skills

- Prolonged periods sitting at a desk and working on a computer.

- Must be able to lift to 15 pounds at times.

Preferred Characteristics:

- Experience with SQL or Power BI

- Knowledge of FAR, CAS and DFARS regulations

- Government accounting

- Program/Project Estimates At Completion (EAC) development/calculations and periodic tracking of EAC's and Estimates to Complete (ETC).

- Aerospace and Defense (A&D) experience a plus

Salary: $90,000 - $135,000 annually, based on experience

Raising the Standard of Excellence since 1911

With over a century of proven excellence, StandardAero has become an industry leader in MRO services and customized solutions in the aerospace field. Our shared values and learning-based culture inspire our team to exceed their potential and power our customers' missions worldwide. With on-the-job training, advancement opportunities, and excellent benefits, StandardAero invites you to experience a fulfilling and meaningful career with us.

Inclusivity Is Our Standard

StandardAero offers equal employment opportunities for all. Our supportive environment celebrates diversity with no room for harassment or discrimination of any kind. We invite you to bring your authentic self to our team and experience our welcoming culture.
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