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Cost Accountant -

Company: Astronics
Location: Waukegan
Posted on: March 25, 2020

Job Description:

Cost Accountant About the Organization Astronics Corporation (Nasdaq: ATRO) serves the world's aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, military branches, completion centers, and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics.We offer our breadth of technology solutions and services through 11 subsidiary business units and numerous award-winning product brands. Serving our customers is our first priority, and every day we honor this mission with quality, partnership, and energetic global vision.Astronics Subsidiary Astronics Connectivity Systems & Certification Location Waukegan, IL Description Astronics Connectivity Systems and Certification (formerly Telefonix PDT and Astronics Armstrong Aerospace) serves as the experienced, global market leader for in-flight entertainment and connectivity (IFEC) solutions for aircraft. As a systems certification provider, Astronics CSC has worked on over 100 projects for industry partners to upgrade commercial and business aircraft with new passenger power systems, IFEC navigation, communication and flight safety systems. Additionally, Astronics CSC offers proven IFEC hardware systems, flexible design platforms, high customer satisfaction, and long-term relationships with industry leaders to help make the connected aircraft a reality. The company now employs over 300 employees, and is a six-time recipient of Chicagos Best and Brightest Employers to Work For award.SummaryThe Cost Accountant will be responsible for maintaining the standard cost system for Astronics CSC companywide, implementing methods and procedure as needed. Closing month-end and running any necessary reports, and analyzing data and communicating results to management providing detailed analysis of information to help support decision-making processes. Scope includes cost accounting, financial analysis and reporting, budgeting and forecasting and project analysis.Essential Duties and ResponsibilitiesThe essential duties and responsibilities include the following. Other duties may be assigned.

  • Responsible for planning, studying and collecting data to determine costs of business activity such as raw material, inventory, labor and cost of goods sold.
  • Analyzes data required by Operations on a monthly basis including material, labor, overhead, scrap and cycle count variances.
  • Lead the monthly standard cost roll. Work with various operations departments to review for reasonableness the following components of the buildup
  • Purchased material costs
  • Direct labor costs
  • Routing data including
  • Overhead costs.
  • Assists the Finance Group in preparation of monthly operations financial statements and analysis as requested.
  • Lead and support month-end closing process for cost department. Ensure proper cutoff on monthly activity related to all Inventory Management and Production Control. Create and submit reports to document the monthly close activity.
  • Prepares and analyzes monthly financial data to be utilized by management to make strategic business decisions.
  • Prepare cost estimates of new or special products for establishing selling prices and production forecasts.
  • Calculate burden rates, set up expense budgets for manufacturing and service departments.
  • Devise, implement and utilize control systems for determining unit cost of products or services.
  • Distribute costs between the various divisions of management and production.
  • Classify production costs into wages, material and overhead.
  • This position may require knowledge of SOX / 404 internal audit controls and related documentation.Position Requirements Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.Education and/or Experience Required:
    • Bachelors degree in Accounting or Finance combined with at least five (5) years of manufacturing and cost accounting experience. Must possess knowledge of accepted theory and application of financial and Generally Accepted Accounting Principles (GAAP).
    • Inventory monitoring and analysis experience including reporting and conducting physical inventoriesPreferred:
      • Experience working in the aerospace and/or manufacturing industry
      • Experience with Time Management Software Selection, Integration and Utilization
      • Experience Project Managing ERP Selection, Integration and UtilizationAn offer of employment is contingent on successfully passing a drug test and background check, and applicants who do not successfully pass both the drug test and background check will not be considered for employment.Full-Time/Part-Time Full-Time Travel Requirements EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

Keywords: Astronics, Waukegan , Cost Accountant -, Accounting, Auditing , Waukegan, Illinois

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