ACARA Jobs
Sr. Cost Accounting Manager (Electronics Manufacturing)
Apply- ID: 538516
- Posted: 4/17/2024
- Location: Stafford Springs, CT
- Category: Pro - Engineering
- Job Type: Direct Placement
- Duration: Direct Placement
Description
Acara Solutions has been providing aerospace/defense and other advanced manufacturing firms with our staffing services for over 60 years. Our Stafford Springs, CT international electronics client is looking for a Sr. Cost Accounting Manager to join their organization as a direct salaried employee onsite. They also have a Controller opening in their plant nearby. The base salary target range for the Sr. Cost Accounting Manager is $155K - $170K and the Controller salary is $170K - $185K.
There is one direct report in each of these locations.
- Serve as plant business partner for general manager with focus on driving growth and improving margins
- Prepare monthly forecasts for the assigned plants.
- Oversee preparation of plant level end market 'virtual' profit and loss reporting.
- Prepare and explain variances between actual performance and forecast in a written narrative for management, assure that variances are analyzed and that appropriate the response is taken.
- Oversee forecasting future costs to complete on funded projects as the basis of percentage of completion for revenue recognition.
- Lead efforts to track project and program costs, including R&D, engineering labor, material, and any expense items charged to the project or program. This includes analysis of variances of other anomalies which may rise.
- Oversee Product Cost Analysis for annuity programs.
- Recommend revisions to budgets and business plans on interim basis in response to changing business conditions.
- Provide financial information and partner with local plant management to attain financial and operational objectives.
- Oversee execution of myriad weekly, monthly, and quarterly financial and operating reports for the plants (factory load, cost savings, weekly ops metrics, PR overview).
- Facilitate and strengthen communications and business relationship between finance and the other functional areas of the business.
- Lead efforts to create and facilitate more effective financial/cost consciousness in everyday business activities.
- Coordinate and liaise with Shared Services Center regarding period end close (JE and account reconciliations) and ongoing finance operations (Accounts Payable, Billing, Collections).
- Direct preparation and analysis of monthly financial statements and reports for the plants and ensure timely submission to corporate financial organizations.
- Oversee execution of periodic reporting and analysis of 'plant prepared' financial records (Inventory Valuation, Construction in Progress, Revenue Recognition [cut-off] Analysis, Pre-paid Expenses, Accrued Liabilities, among others.
- Oversee administrative, financial and operational systems and procedures for the plants.
- Ensure that appropriate administrative and financial controls are well documented and maintained
- Assure that accounting and financial control procedures meet company's standards.
- Direct financial analysis to support business decisions in areas of capital investment, staffing levels, review of cost-drivers, process improvements, product costing and pricing.
- Review and approve all purchase commitments for the assigned plants. Oversee preparation and submittal of Capital Expenditure Requests.
- Support audit of financial records by external and internal auditors
- Oversee plant finance team
Job Requirements
Required Skills / Qualifications:
Bachelor's degree in Accounting or Finance
Min 7 years of experience within accounting with a significant # of those years within a manufacturing firm with considerable hands-on floor experience. This experience has to include strong cost accounting (standard costing, standard rate, capital variances), raw materials and finished goods, inventory and capitalization, etc.
Min 2 years of accounting experience within a larger organization (min $50M in revenue) and experience in a publicly traded firm is a plus
Min 5 years of advanced Excel experience (PivotTables, data manipulation...)
ITAR facility with military clients - ability to obtain a U.S. Secret clearance is required
Preferred:
SOX
Oracle ERP systems
Aleron companies (Acara Solutions, Aleron Shared Resources, Broadleaf Results, Lume Strategies, TalentRise, Viaduct) are Equal Employment Opportunity and Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, genetic information, sex, age, disability, veteran status, or any other legally protected basis. The Aleron companies welcome and encourage applications from diverse candidates, including people with disabilities. Accommodations are available upon request for applicants taking part in all aspects of the selection process.
Applicants for this position must be legally authorized to work in the United States. This position does not meet the employment requirements for individuals with F-1 OPT STEM work authorization status.