Accounting Manager - Manufacturing Company in Parsippany-Troy Hills, NJ at Vaco

Date Posted: 3/31/2021

Job Snapshot

Job Description

Accounting Managers, let Vaco advocate for you and you'll have an advantage over your competition! Let Vaco promote your strengths to the hiring manager while preparing you for that specific interview.

About the Company:

  • They are one of New Jersey's fastest growing business in the technology industry
  • With over 70 years of industry experience, they are experts in their field and have worked with leading aerospace and defense companies.
  • They have been recognized for exceptional performance by the most prestigious organizations in the world.
  • This role has a ton of autonomy and is the right-hand person to the Controller.
  • They continue to grow and there are opportunities to take on additional projects.

Key Responsibilities of the Accounting Manager:

  • The Accounting Manager will generate the weekly labor rollups and ensure all direct time charged is accurately posted to programs and work orders.
  • Review the weekly sales, inventory and purchasing activity to ensure accuracy.
  • Review and resolve incorrect inventory transactions, aging work orders and program costing discrepancies.
  • Collaborate with Accounts Payable to resolve aged inventory and program payable accruals.
  • Provide ongoing monitoring of inventory levels and accuracy of slow-moving and obsolete inventory reserves.
  • The Accounting Manager will apply principles of manufacturing cost accounting to provide detailed cost information including labor distribution, direct labor & absorption, inventory and deferred absorption analysis on a monthly basis.
  • Responsible for the month-end close process for cost accounting, inventory control and various other reconciliations as assigned.
  • Supports the Controller and FP&A with cost analysis, process modifications and system related troubleshooting.
  • The Accounting Manager will partner with FAR Accounting specialist to ensure program costs, labor allocation and overhead rates are consistent with FAR regulation.
  • Establish and execute an efficient and accurate process for reporting of program revenue (percentage completion basis) and cost with adequate internal controls.
  • Partner with Program Finance to ensure accurate calculation and reporting of program gross margin based on updated EAC Calculations.
  • Lead the external audit review as it pertains to physical inventory counts, price testing of inventory costs and program revenue calculation.
  • Partner with IT to standardize standard sales and costing report through Tableau.

Minimum Required Qualifications for the Accounting Manager Role:

  • Accounting Bachelor's Degree with minimum of 5 yrs. of cost accounting in a manufacturing environment required
  • Highly proficient in Excel
  • Attention to details a must
  • Ability to work effectively in a team environment as well as independently on assigned projects without the need for close supervision.
  • Must be able to effectively handle multiple projects simultaneously in a deadline driven environment.
  • Excellent verbal and written communication skills are required