Senior Cost Accountant

Safran Group; Bedford (NH); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Safran DSI Optronics in Bedford, NH seeks a Senior Cost Accountant to join a fast-paced accounting team. You will partner with operations, supply chain, and finance leadership to improve cost transparency and support strategic decision-making.

The ideal candidate has deep standard costing and inventory accounting knowledge and excels in a dynamic environment. The role involves BOM roll-ups, variance analysis, asset accounting, and close collaboration with cross-functional teams to drive cost

Qualifications

• Bachelor's degree in accounting/finance or related field.
• Minimum five years’ experience in cost accounting in a manufacturing setting.
• Strong knowledge of U.S. GAAP (Generally Accepted Accounting Principles).
• ERP experience and proficiency with SAP or similar systems.
• Proficient in Microsoft Excel and data analysis.
• U.S. Citizenship or Permanent Resident.

Responsibilities

• Understand financial transactions and statements.
• Perform cost analyses, including standard costs, variances, and monthly roll-ups.
• Monitor manufacturing performance and identify cost drivers for improvements.
• Lead BOM cost roll-up activities with Configuration Management support.
• Prepare monthly inventory and production variance reports.
• Oversee fixed asset accounting incl. capitalization, disposals, and depreciation.
• Ensure GAAP compliance and support audits.
• Conduct gross margin analyses to inform decisions.
• Assist with SAP cost module enhancements and testing.
• Participate in budgeting and forecasting for production costs.
• Assist in transfer pricing calculations and processes.
• Provide ad hoc reporting as needed.

Skills

GAAP knowledge

Excel proficiency

Analytical skills

Communication skills

Teamwork

Problem solving

Education

Bachelor’s degree in accounting/finance

Tools

SAP

ERP systems

MS Excel

Job description

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Safran DSI Business Unit: Optronics

ABOUT OUR MISSION:

Join the forefront of innovation and make an impact at Safran Defense & Space, Inc.!

Safran Defense & Space Inc. (Safran DSI), headquartered in Arlington, Va., is a leading U.S. aerospace company dedicated to supporting national defense and space missions. As a trusted partner to the U.S. armed forces, government agencies, and commercial sectors, Safran DSI delivers advanced technology solutions through its specialized business units: Assured PNT, Geospatial AI, Optronics, Space Solutions, and Testing & Telemetry.

Headquartered in Bedford, NH, Safran DSI Optronics (formerly Optics 1) is a global leader in full‑service design and production of electro‑optic and navigation systems. Leveraging core competencies in defense technologies, Optronics provides unmatched, first‑class mission solutions for military and law enforcement personnel.

We have a high‑paced, high‑energy environment focused on acknowledging individual and team successes, as well as overall growth. Optronics is a community that cares about the mission of our customers. Our team believes in supporting and enriching our community through engagement; whether that means giving back to our troops, veterans and their families, investing in next‑generation innovators through STEM education or higher education initiatives, giving back is an important part of who we are as a team.

If you’re ready to join our mission and serve those who serve, Safran DSI is the perfect place for you to take your career to the next level. Make a real difference and be part of something extraordinary.

POSITION PROFILE:

The Senior Cost Accountant will be an integral member of the accounting team and responsible for a variety of accounting functions. The qualified candidate will work under minimal supervision as part of a small team and be an individual contributor. This role partners closely with operations, supply chain, and finance leadership to improve cost transparency and support strategic decision‑making. The ideal candidate has strong analytical skills, is detail‑oriented, has deep knowledge of standard costing and inventory accounting, and has the ability to work in a fast‑paced environment while prioritizing and managing multiple tasks simultaneously.

RESPONSIBILITIES:

• Possess a strong understanding of financial transactions and financial statements
• Perform detailed cost analysis, including standard cost updates, variance analysis, and monthly cost roll‑ups
• Monitor manufacturing performance and partner with Operations to identify cost drivers and improvement opportunities
• Lead Bill of Material (BOM) cost roll‑up activities, ensuring accuracy and timely support for product updates initiated by the Configuration Management team
• Create and distribute monthly reports related to inventory, production order variances, etc.
• Oversee the fixed asset accounting process, including capitalization, disposals, and depreciation, ensuring accuracy and compliance with company policies
• Ensure compliance with internal controls, GAAP standards, and audit requirements related to cost accounting
• Conduct gross margin analysis to evaluate product profitability and identify cost drivers impacting financial performance
• Complete purchase price variance analysis and corresponding journal entries
• Provide meaningful and accurate forecasts to assist leadership with decision‑making
• Key contributor to internal and external audits
• Assist with SAP cost module enhancements, testing, and maintenance as needed
• Support annual budgeting and forecasting processes for production costs, inventory, and standard cost updates
• Assist in transfer pricing processes and calculations
• Back‑up for other accounting functions as needed
• Ad hoc reporting as needed
• Special projects as requested

WHAT YOU’LL NEED TO BE SUCCESSFUL:

• Bachelor’s degree (B.A.) in accounting/finance or related field
• Minimum five years’ experience in cost accounting in a manufacturing setting
• Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
• ERP experience
• Proficient in Microsoft Excel
• Ability to work effectively both independently and in a team environment
• Excellent analytical, organizational, verbal, and written skills
• U.S. Citizenship or Permanent Resident

IDEALLY, YOU’LL ALSO HAVE:

• Knowledge in Federal Acquisition Regulation and Cost Accounting Standards
• Prior experience working in an ITAR‑compliant environment or for a DoD federal contractor
• Business Intelligence experience
• SAP experience

TRAVEL

Minimal travel may be required, including outside the local area and overnight.

EEO STATEMENT & ACCESSIBILITY:

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

EOE/AA/M/F/Vets – U.S. Protected Individual status required (U.S. citizen, lawful permanent resident, asylee, refugee or temporary resident as defined at 8 USC 1160(a)).

Nearest Major Market: Manchester

Nearest Secondary Market: Nashua