Cost Accountant

Job Description

GENERAL JOB SUMMARY:

Performs various financial analyses that lead to profit improvement. Responsible for development and analysis of standard costing, manufacturing variances and manufacturing expenses and for accuracy of inventory and fixed assets.

 

ESSENTIAL JOB FUNCTIONS:

• Assure that revenue recognition is accurate and in accordance with Generally Accepted Accounting Principles (GAAP)

• Follow all Company Policies and Procedures, State/Federal Laws and Regulations, and GAAP in the performance of duties, reporting any noncompliance

• Analyze key performance measures in order to establish and monitor overall company performance

• Coordinate with management monthly to ensure accurate profit margins for inventory job cost and revenue calculations

• Conduct studies and perform analysis of program profitability that is not supplied by the general accounting system

• Assist in the month end and year end book closing processes and procedures

• Must be at assigned worksite during assigned hours 100% of time; less PTO, FML/STD/LTD

                                                                                      

  Other Job Functions

• Evaluate contracts for proper revenue recognition method and prepare ASC 606 questionnaires

• Maintain monthly job costing schedule to include current revenue, costs and profitability to ensure matching of revenue and costs on monthly financial for FFP contracts

• Prepare estimate at completion worksheets (EAC’s), job status reports and

• Prepare external and internal audit documentation, coordinate audits with auditors, and provide auditor assistance and interpretation

• Write, maintain and improve procedures as necessary to facilitate the highest efficiency possible in all areas of the Company

• Other duties may be assigned

   

  SUPERVISORY RESPONSIBILITY:  

  None

Experience and Skills

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:   

Ability to maintain sensitive and confidential information as required by government standards

Ability to interact effectively with peers and supervisors

Ability to interact appropriately with the public when necessary

Ability to adhere to workplace rules

Ability to maintain detailed and accurate records

Ability to be self-motivated and work independently in a fast paced, dynamic work environment

Effective time management and prioritization skills

Excellent written and verbal communication skills

Ability to understand and communicate financial concepts and business terminology

Strong and pronounced problem solving and analytical skills

Working knowledge of financial systems

Working knowledge of accounting principles and Cost Accounting Standards (CAS)

 

 

 

 

EDUCATION AND EXPERIENCE:

Bachelor’s degree in accounting or related field and a minimum of 3 years of applicable experience, or HS Diploma and a minimum of 7 years of applicable experience

Advanced experience in the use of a wide variety of computer applications including MS Word, Excel, PowerPoint, database management systems, and related enterprise systems

Experience working with government contractors and Federal Acquisition Regulation (FAR) is strongly preferred

Previous experience using MRP programs, especially Deltek CostPoint

 

WORK ENVIROMENT / PHYSICAL REQUIREMENTS:

Office environment

Ability to stand and sit for long periods of time

Ability to perform repetitive motion (keyboarding, 10-key, phones)

     

THE ABOVE STATEMENTS ARE INTENDED TO DESCRIBE THE GENERAL NATURE AND LEVEL OF WORK BEING PERFORMED BY INDIVIDUALS ASSIGNED TO THIS CLASSIFICATION. THEY ARE NOT INTENDED TO BE CONSTRUED AS AN EXHAUSTIVE LIST OF ALL RESPONSIBILITIES, DUTIES AND SKILLS REQUIRED OF PERSONNEL SO CLASSIFIED.

 

A REVIEW OF THIS CLASSIFICATION HAS EXCLUDED THE MARGINAL FUNCTIONS OF THE CLASSIFICATION THAT ARE INCIDENTAL TO THE PERFORMANCE OF FUNDAMENTAL JOB JUTIES. ALL DUTIES AND RESPONSIBILITIES ARE ESSENTIAL JOB FUNCTIONS AND REQUIREMENTS AND ARE SUBJECT TO POSSIBLE MODIFICATION TO REASONABLY ACCOMMODATE INDIVIDUALS WITH DISABILITIES TO PERFORM THIS JOB PROFICIENTLY.   THE REQUIREMENTS LISTED IN THIS DOCUMENT ARE THE MINIMUM LEVELS OF KNOWLEDGE, SKILLS OR ABILITIES

EEO/M/F/D/V

 

Job Benefits

• Medical
• Dental
• Vision
• Tax Savings Accounts (HSA / FSA)
• Life Insurance
• Short Term Disability
• Long Term Disability
• Employee Assistance Program
• 401k
• Employee Stock Purchase Plan
• PTO
• Education Assistance Program
• Paid Holidays

Kratos Defense is an Equal Opportunity Affirmative Action Employer. EOE, Minorities, Females, Vet, Disabled, Sexual Orientation, Gender Identity or any other protected class.
All qualified job seekers are encouraged to apply. Kratos Defense is committed to America's veterans by providing opportunities for them to continue contributing after service to our nation. We also work to provide reasonable accommodations to individuals with disabilities.
EEO Is The Law

Disability Accessibility Accommodation
If you require an accommodation to navigate or apply to our careers site, please send your request to HRAccessibility@kratosdefense.com or call 858-964-2916. Any inquires not related to requesting an accommodation will be discarded.

Pay Transparency
The company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

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