Cost Accountant III at AeroVironment

Simi Valley, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

ManufacturingIndustries

Requirements

Bachelor's degree in Finance or related field required (or equivalent combination of education, training, and experience)
Minimum of 5-8 years of experience in Finance, General Accounting, and/or Cost Accounting in an aerospace manufacturing environment
Strong background in cost accounting within a manufacturing environment
Deep understanding of cost structures, inventory valuation, and variance analysis
Working knowledge of GAAP
Current expertise in MS Office Suite (Advanced MS Excel required)
Knowledge of Government Cost Accounting Principles (CAS) and FAR preferred
Experienced professional with full understanding of area of specialization and ability to resolve a wide range of issues creatively and effectively
Team player with good oral and written communication skills, capable of working with various functional organizations
Able to excel in a fast-paced, deadline-driven environment with little instruction on day-to-day work
Strong initiative, drive, ownership, commitment to learning from mistakes, effective problem-solving, analytical, interpersonal, and communication skills
Focus on teamwork, collaboration, and company success

Responsibilities

Ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities
Monitor inventory transactions and ensure proper valuation of raw materials, WIP, and finished goods
Work with Operations Manufacturing to ensure monthly inventory reconciliations and inventory counts are conducted
Assist in month-end close processes, including journal entries and account reconciliations related to COGS and inventory
Drive accounting processes within the plant to ensure accurate books, records, and compliance with key control requirements including Sarbanes-Oxley
Function as an active member and financial advisor to Operations management team; support in developing and interpreting financial and non-financial performance measurements
Monitor progress of Work Orders (WO) and their status; address WO variance issues
Review inventory cost data for anomalies, assist in researching and identifying root causes, and provide information for corrective action and process improvement
Monitor and collect inventory and cost data; review daily/weekly/monthly reports and investigate variances to ensure proper financial recording
Work on creating Dashboards and Business Intelligence reporting within Oracle, identifying key performance indicators (KPIs) reflecting trends in labor and productivity
Coordinate Capital Asset (CA) processes, monitor, review, and assist in developing cost estimate models to support Estimate At Complete activities and depreciation allocations after approval
Provide ad hoc support to perpetual inventory reviews, Quarterly E&O Reserve Analysis, Inventory Forecasting, Operational financial data analysis, and ERP accuracy reviews
Work on problems of diverse scope where analysis of data requires evaluation of identifiable factors
Other duties as assigned

Skills

Key technologies and capabilities for this role

Cost AccountingInventory ValuationVariance AnalysisJournal EntriesAccount ReconciliationsCOGSSarbanes-OxleyOracleDashboardsBusiness IntelligenceKPIsMonth-End CloseWork Orders

Questions & Answers

Common questions about this position

What experience is required for the Cost Accountant III position?

A minimum of 5-8 years of experience in Finance, General Accounting, and/or Cost Accounting in an aerospace manufacturing environment is required, along with a Bachelor's degree in Finance or related field.

What key skills are needed for this role?

Candidates need advanced MS Excel skills, working knowledge of GAAP, and expertise in cost accounting including inventory valuation, variance analysis, and cost structures in a manufacturing environment.

Is this a remote position?

This information is not specified in the job description.

What is the salary for the Cost Accountant III role?

This information is not specified in the job description.

What makes a strong candidate for this Cost Accountant III position?

The ideal candidate is detailed-oriented, able to multi-task in a dynamic environment, and has a strong background in cost accounting within a manufacturing setting with deep knowledge of cost structures and inventory valuation.

AeroVironment

Develops autonomous robotic systems for defense

About AeroVironment

AeroVironment develops and sells autonomous robotic systems that can perform various missions without human intervention. These systems are designed to enhance operational efficiency, reduce risks to personnel, and provide valuable data to users. The company primarily serves government agencies, defense organizations, and commercial clients, focusing on the defense and aerospace sectors. AeroVironment stands out from its competitors by emphasizing sustainability and environmental responsibility in its business practices, which not only helps the environment but also builds loyalty among employees and customers. The company's goal is to lead the market in intelligent robotic systems while promoting sustainable practices and creating new business opportunities.

Monrovia, CaliforniaHeadquarters

1971Year Founded

$20.3MTotal Funding

IPOCompany Stage

Robotics & Automation, Aerospace, DefenseIndustries

501-1,000Employees

Benefits

Health, Dental, & Vision

Health Savings Account

401(k) Account

Alternative Work Schedule

Educational and Tuition Assistance Programs

Employee Assistance Program

Sick Leave Donation

Time Off

Travel Assistance

Company Sponsored Events

Risks

Competition from European drone companies like Parrot may impact market share.

US-China trade tensions could disrupt AeroVironment's supply chain.

BlueHalo acquisition poses integration risks and management distraction.

Differentiation

AeroVironment specializes in unmanned aircraft systems for defense and commercial markets.

The company focuses on sustainability and innovation in autonomous robotic systems.

AeroVironment's acquisition of BlueHalo enhances its defense technology capabilities.

Upsides

Increased demand for Western-made drones boosts AeroVironment's market share.

BlueHalo acquisition enhances AeroVironment's competitive edge in defense technology.

Customizable AI UAVs attract new military contracts with enhanced adaptability.

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