The Financial Shared Services (FSS) Material Accounting team is looking for a motivated individual to join our team as a Material Accountant (Level 02). This individual will serve as an integral team member in support of the Company's inventory and material accounting and will interact and collaborate with various sectors, divisions, and technical staff to solve complex inventory/material issues and questions.
This position must be within commuting distance to Redondo Beach, CA campus or Melbourne, FL campus. Candidate must have the ability to obtain Government Secret Level Clearance to support Classified programs (if not currently active).
Responsibilities include, but are not limited to:
- Review and collect data to prepare reports in accordance with the company's cost accounting system (SAP GPD) in accordance with Generally Accepted Accounting Principles (GAAP), corporate policies and procedures, disclosure statements and government regulations, including MMAS and Cost Accounting Standards (CAS)
- Prepare and present various analyses, which could include material cost and inventory accuracy, price variance, allocations, and excess
- Research, analyze, and interpret current and historical cost using Product Actual & Cost Estimating (PACE) Reports for activities such as: material and labor cost shifts, grouping/pegging/distribution, and goods receipt/invoice receipts (GR/IR)
- Perform Material Master data maintenance, such as: Valuation Class, Material Group, and Material Type updates.
- Prepare and/or Review documentation to post journal entries for various material accounting transactions.
- Perform monthly general ledger account reconciliations for material accounts using Blackline.
- Drives continued success by finding and communicating opportunities for efficiencies, process improvement, and/or automation of processes, in support of the Company's digital transformation initiatives.
- Support other initiatives as needed.
Basic Qualifications:
- Bachelor's degree in Accounting, Finance or related discipline with a minimum 2 years accounting or finance experience or 1 year with a relevant Master's Degree. 4 additional years of related experience can be substituted for the bachelors degree requirement.
- Understanding of accounting principles, practices, and standards.
- Knowledge of process controls, business functions, and material management and cost transaction systems.
- Strong MS Office (Outlook, PowerPoint, Excel, Word) skills and good written and verbal communication skills.
- US citizenship required. Ability to obtain and maintain a DoD Secret Level Security Clearance.
Preferred Qualifications:
- Active Secret Security Clearance.
- Experience with SAP Grouping, Pegging, and Distribution (GPD) or reporting with SAP Business Intelligence/Analytics.
- Professional experience in the Aerospace & Defense industry.
- Demonstrated experience with process and system capabilities within manufacturing and project management (i.e., cost accounting, MRP, Inventory, Production).
- Demonstrated understanding of General Ledger and Financial Statement impacts from material/inventory related transactions.
- Demonstrated experience and knowledge in Material Management & Accounting Systems (MMAS) compliance standards and activities.
- Experience with data analytics and dashboarding.
- Demonstrated leadership, critical thinking, and innovative behaviors in past projects, roles, or experiences.