Cost Accountant

MarathonNorco Aerospace, Inc.; Waco (TX); On-site; USD 70,000 - 100,000; Full time

Job summary

MarathonNorco Aerospace, Inc. is seeking a Cost Accountant to apply cost accounting principles to provide detailed cost and inventory information.

The role emphasizes ownership mindset, leadership, and delivery of accurate financial insight for decision-making. The candidate will analyze data, maintain standard costing, and generate reports on profitability; involvement in fixed assets, depreciation, and capital spend tracking is expected.

Qualifications

• Bachelor’s degree in Accounting or Finance; MBA preferred.
• 3+ years of manufacturing cost accounting or related experience.
• Proficiency with Windows, Outlook and Excel; experience with INFOR ERP Powerlink/MAPICS.
• Strong written and verbal communication / presentation skills.
• Demonstrated leadership and analytical/problem-solving abilities.

Responsibilities

• Collects and analyzes data to determine costs and variances in inventory across levels.
• Maintains and updates the standard cost system by reviewing BOMs and routers.
• Provides reports on factors affecting prices and profitability of products.
• Assists in month-end close and supports the general ledger.
• Oversees depreciation reporting and fixed asset transactions; supports capital spend tracking.

Skills

Communication skills

Leadership

Analytical thinking

Problem solving

Deadline orientation

Education

Bachelor’s degree in Accounting or Finance

MBA preferred

Tools

INFOR ERP Powerlink

MAPICS

Job description

Job Title: Cost Accountant
Department: Accounting & Finance
Reports To: Vice President of Finance
FLSA Status: Exempt

COMPANY OVERVIEW

For more than sixty years MarathonNorco Aerospace has successfully served commercial and military aviation markets with reliable cost-effective products and continues to be a leading global producer, designer and supplier of highly engineered aerospace components, systems and subsystems. We focus on optimizing value creation as well as careful management of our financial statements. Everyone at our businesses thinks and acts like an owner. We operate a unique business model in the aerospace industry with a simple, well-proven operating strategy, based on our three value-drivers – generating profitable new business, productivity and cost improvements and value-based pricing. Our best-in-class products as well as the superior quality, availability, reliability and safety of our products lead to long-term customer relationships and drive our customers to select us when new business opportunities arise.

SUMMARY

The core capability for this position is applying principles of cost accounting to conduct studies, providing detailed costs and other inventory information not supplied by general accounting systems. The applicant must have the drive, fundamental skills, mindset of exceeding expectations and the inherent desire for leadership responsibility, in order to be considered for future advancement.

ESSENTIAL DUTIES AND RESPONSIBILITIES

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Collects and analyzes data to determine costs of business activity and variances on all levels of inventory.
• Maintains, analyzes, and updates all aspects of the Company’s standard cost system through reviewing and analyzing the bill of materials and associated routers.
• Provides management with reports specifying factors affecting prices and profitability of products through the maintenance of the current cost system.
• Records, reviews, and investigates actual manufacturing costs, and prepares monthly reports comparing standard costs to actual production costs.
• Investigates and analyzes scrap, usage, and purchase price variance monthly.
• Analyzes differences between budgeted and actual spend.
• Responsible for planning, coordinating, and overseeing the Company’s cycle counting policy.
• Maintains, updates, and records all transactions concerning the fixed asset system.
• Reports all necessary methods of depreciation for the varying taxing authorities.
• Assists in month-end close of the general ledger.
• Responsible for Capital Spend tracking and verification of productivity projects.
• Updates and reports Quarterly Pay-for-Performance (PFP) calculations.
• Complies with and conducts business in accordance with the letter, spirit, and intent of all relevant laws and regulations, policies, work procedures, instructions; wherefore, refrains from any illegal, dishonest, unethical conduct.
• Maintains communications with all employees, vendors, customers and others in a cooperative and professional manner, while treating them in with dignity, respect and courtesy.
• Performs other related duties as required and may be assigned.

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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

ESSENTIAL EDUCATION, SKILLS, and/or EXPERIENCE

• Education: Bachelor’s degree (BBA/BSBA) in Accounting or Finance. A Master’s degree in Business Administration (MBA) completed or in progress, is preferred.
• Work Experience: Three (3) or more years of related experience in manufacturing cost accounting principles and/or public accounting experience is preferred.
• In addition this position requires:
• Excellent computer skills with strong proficiency in Windows interface, Microsoft Office package (Outlook, Word, Excel), along with knowledge in INFOR ERP Powerlink and MAPICS and/or similar system(s).
• Strong written and verbal communication / presentation skills.
• Consistent adherence to deadlines with detailed and quality work
• Ability to act as an owner and dedication to outperformance
• Exceptional leadership, analytical and problem solving skills, exhibits a professional manner in dealing with others throughout the organization; previous supervisory experience would be beneficial.
• While performing the duties of this job, the employee is regularly required to stand, use hands and fingers, handle or feel, and reach with hands and arms.
• The employee is occasionally required to walk and move about the facility, sit, and talk or hear.
• The employee may lift and/or move up to 10 pounds and occasionally lift and/or move up to 30 pounds.
• This position must meet “US Person” Export Control compliance requirements, as defined by 22 C.F.R.§ 120.15, which includes: US Citizen, US National, Legal Permanent Resident, Asylee, or Refugee, or eligible to obtain the required authorizations from the U.S. Department of State.

EOE/M/F/Vet/Disabled

This Company is an Equal Opportunity Employer, and does not discriminate on the basis of race, gender, ethnicity, religion, national origin, age, disability, veteran status, or on any other basis prohibited by law. Information on race, gender and national origin will only be used for statistical and recordkeeping purposes, and will not be used in making any employment decisions. All information provided will be kept separate from your expression of interest. Providing this information is strictly voluntary, and you will not be subjected to any adverse action or treatment if you choose not to provide this information. If you do not choose to answer these questions, we ask that you select "Decline to Identify" for each question. Thank you for your voluntary cooperation.

Full-time/Part-time

Full-time

Regular/Temporary

Regular