Sr. Cost Accountant - Crane Aerospace & Electronics
Burbank, CA
About the Job
Sr. Cost Accountant
Location CA, Burbank
Department Accounting/Finance
Employment Type Full Time
Crane Aerospace and Electronics has an exciting opportunity for a Sr. Cost Accountant at our Burbank, CA location.
About Crane:
Crane Aerospace & Electronics supplies critical systems and components to the aerospace and defense markets. You’ll find Crane Aerospace & Electronics in some of the toughest environments: from engines to landing gear; from satellites to medical implants and from missiles to unmanned aerial systems (UAS).
Every 1.2 seconds, product built at our Crane Aerospace & Electronics Burbank facility is stopping aircraft – delivering passengers and military personnel safely to their destination. Home to our Landing & Cabin Systems team, Crane A&E’s brake control systems and premium cabin actuation solutions are flying on tens of thousands of aircraft throughout the world. You’ll join a business with a long track record of engineering excellence, set in the wonderful town of Burbank filled with great community atmosphere, schools, weather and no shortage of entertainment. Start the next chapter of your career with Crane Aerospace & Electronics!
Job Summary:
The Sr. Cost Accountant directs the preparation, updating and cost performance analysis of Manufacturing overhead budgets and financial reporting, in addition to providing detailed estimates and analysis of labor and material costs in support of proposal pricing, customer audits and work-in-process fiscal control. The Sr. Cost Accountant also manages the standard cost accounting system including identifying problems and initiating system improvements.
Essential Functions :
+ Performs planning and budgeting support activities; prepare and summarizes detail department work papers and supporting documentation for planning, reporting and budgeting
+ Analyzes general and administrative, overhead, direct labor and direct material cost performance
+ Reviews and correct cost performance and accounting record variances
+ Provides estimates of costs to complete current programs
+ Analyzes month-end variances, production work-in-progress and shipments
+ Provides appropriate data in response to customer audits or inquiries
+ Prepares justification and performance review of manufacturing overhead budgets
+ Prepares, analyzes and updates bills of material
+ Analyzes labor history trends and adjust to proposal requirements
+ Responds to special requests from manufacturing management for other fiscal reports or information
+ Conducts operations audits
+ Assists in year-end physicals; and/or cycle count inventory issues
+ Participates in Month-End closing activities
+ Determine classification and validity of variances and overall inventory valuation
+ Participates in the data collection and research to reduce inventory levels on a monthly basis; communicate possible inventory improvements with Operations
+ Any other task assigned by supervisor or management
Non-Essential Functions:
• Back up Cost Manager, as needed
• May supervise or direct and assist, employees assigned to lower classifications
Minimum Qualifications:
+ Experience:
+ 5+ years of experience in cost accounting or related area, preferably in an environment with emphasis in manufacturing.
+ Experience with integrated ERP software – Oracle is a plus but willing to train the right candidate
+ Proficient in the MS Office software (Excel, Access, Word, etc)
+ Knowledge:
+ Sarbanes Oxley
+ Financial systems and budget process
+ Manufacturing methods and processes utilized in a high technology manufacturing operation
+ Knowledge of Defense Contract Audit Agency/Defense Contract Management Agency (DCAA/DCMA)
+ Skills/Abilities:
+ Ability to organize and present financial data in a clear and concise manner
+ Ability to effectively express self orally and in writing to prepare comprehensive analyses, recommendations and reports
+ Understanding of the interrelationships among Division and Corporate information systems
+ Ability to spot and correct information systems problems; Excellent PC skills, including Microsoft Office
+ Ability to analyze data and interpret financial implication to the organization
+ Ability to establish and maintain effective working relationships with internal staff and outside professionals
+ Ability to communicate effectively with employees of all levels
+ Bachelor's Degree in Business, Accounting, Finance or related.
+ Eligibility Requirement: This position may require access to Controlled Data or Information. Where the position requires such access only US Persons will be considered. As a US Department of Defense contractor, we are bound by International Traffic in Arms Regulations (ITAR).
Preferred Qualifications:
+ MBA
+ CMA or CPA preferred
+ Experience in an environment with emphasis in government & military pricing preferred (EAC Accounting)
+ Cost Accounting Standards (CAS) & Federal Acquisition Regulation (FAR) Experience
+ Background in cost accounting, including design of cost collection and control systems
Working Conditions:
+ Standard office environment
+ Work requires substantial visual concentration on detail
+ Working conditions are normal for a manufacturing environment
+ Manufacturing operations may require the use of safety equipment to include but not limited to: eye safety glasses, gowning, masks, hearing protectors, heel/wrist straps and any other required PPE
+ May be exposed to unusual environmental conditions such as loud noises, cold temperatures, confined spaces, dust or fumes
+ Standing: 5% *percentage is approximate and may vary depending on work task
+ Sitting: 95% *percentage is approximate and may vary depending on work task
+ Lifting (in pounds): up to 10 pounds
+ Pushing (in pounds): up to 10 pounds
+ Mental/Visual: use of computer, calculator, filing cabinets
+ Workspace: work desk
Top Benefits:
_Salary range: $107,078.40 to $131,248.00_ Several factors contribute to actual salary, including experience in a similar role or performing comparable job responsibilities, skills, training, and other qualifications. Some roles may be eligible for participation in performance-based bonus programs.
As a team member at Crane Aerospace and Electronics, you’ll enjoy:
+ Benefits: Health care, dental, vision, life and disability insurance starting the first day of the month
+ Time Off: 15 days of paid time off that start accruing your first day at Crane and 12 paid holidays per year.
+ 401k Retirement Plan: 401k plan with company match
+ Education Reimbursement: eligible after 90 days of employment
+ Flexible work schedule: This position is eligible for our Crane Flex Hybrid schedule which allows for the option of up to 2 days/week of work-from-home. Some conditions apply which will be discussed during the interview process. Full policy to be provided after hire.
You can see a list of our benefits at or visit our website at for more information on our company and great opportunities.
We are committed to operational excellence and world class processes. We employ Lean manufacturing techniques to optimize manufacturing efficiency and accuracy on all product lines. Our products are known for their technical strength, proven reliability and overall value.
In our efforts to maintain a safe and drug-free workplace, Crane Aerospace & Electronics requires that candidates complete a satisfactory background check. FAA sensitive positions require employees to participate in a random drug test pool.
This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Crane Company is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, religion, sex, national origin, marital status, age, sexual orientation, gender identity, disability, pregnancy, medical condition, genetic information, protected veteran status or any other characteristic protected under federal, state, or applicable local law.
Location CA, Burbank
Department Accounting/Finance
Employment Type Full Time
Crane Aerospace and Electronics has an exciting opportunity for a Sr. Cost Accountant at our Burbank, CA location.
About Crane:
Crane Aerospace & Electronics supplies critical systems and components to the aerospace and defense markets. You’ll find Crane Aerospace & Electronics in some of the toughest environments: from engines to landing gear; from satellites to medical implants and from missiles to unmanned aerial systems (UAS).
Every 1.2 seconds, product built at our Crane Aerospace & Electronics Burbank facility is stopping aircraft – delivering passengers and military personnel safely to their destination. Home to our Landing & Cabin Systems team, Crane A&E’s brake control systems and premium cabin actuation solutions are flying on tens of thousands of aircraft throughout the world. You’ll join a business with a long track record of engineering excellence, set in the wonderful town of Burbank filled with great community atmosphere, schools, weather and no shortage of entertainment. Start the next chapter of your career with Crane Aerospace & Electronics!
Job Summary:
The Sr. Cost Accountant directs the preparation, updating and cost performance analysis of Manufacturing overhead budgets and financial reporting, in addition to providing detailed estimates and analysis of labor and material costs in support of proposal pricing, customer audits and work-in-process fiscal control. The Sr. Cost Accountant also manages the standard cost accounting system including identifying problems and initiating system improvements.
Essential Functions :
+ Performs planning and budgeting support activities; prepare and summarizes detail department work papers and supporting documentation for planning, reporting and budgeting
+ Analyzes general and administrative, overhead, direct labor and direct material cost performance
+ Reviews and correct cost performance and accounting record variances
+ Provides estimates of costs to complete current programs
+ Analyzes month-end variances, production work-in-progress and shipments
+ Provides appropriate data in response to customer audits or inquiries
+ Prepares justification and performance review of manufacturing overhead budgets
+ Prepares, analyzes and updates bills of material
+ Analyzes labor history trends and adjust to proposal requirements
+ Responds to special requests from manufacturing management for other fiscal reports or information
+ Conducts operations audits
+ Assists in year-end physicals; and/or cycle count inventory issues
+ Participates in Month-End closing activities
+ Determine classification and validity of variances and overall inventory valuation
+ Participates in the data collection and research to reduce inventory levels on a monthly basis; communicate possible inventory improvements with Operations
+ Any other task assigned by supervisor or management
Non-Essential Functions:
• Back up Cost Manager, as needed
• May supervise or direct and assist, employees assigned to lower classifications
Minimum Qualifications:
+ Experience:
+ 5+ years of experience in cost accounting or related area, preferably in an environment with emphasis in manufacturing.
+ Experience with integrated ERP software – Oracle is a plus but willing to train the right candidate
+ Proficient in the MS Office software (Excel, Access, Word, etc)
+ Knowledge:
+ Sarbanes Oxley
+ Financial systems and budget process
+ Manufacturing methods and processes utilized in a high technology manufacturing operation
+ Knowledge of Defense Contract Audit Agency/Defense Contract Management Agency (DCAA/DCMA)
+ Skills/Abilities:
+ Ability to organize and present financial data in a clear and concise manner
+ Ability to effectively express self orally and in writing to prepare comprehensive analyses, recommendations and reports
+ Understanding of the interrelationships among Division and Corporate information systems
+ Ability to spot and correct information systems problems; Excellent PC skills, including Microsoft Office
+ Ability to analyze data and interpret financial implication to the organization
+ Ability to establish and maintain effective working relationships with internal staff and outside professionals
+ Ability to communicate effectively with employees of all levels
+ Bachelor's Degree in Business, Accounting, Finance or related.
+ Eligibility Requirement: This position may require access to Controlled Data or Information. Where the position requires such access only US Persons will be considered. As a US Department of Defense contractor, we are bound by International Traffic in Arms Regulations (ITAR).
Preferred Qualifications:
+ MBA
+ CMA or CPA preferred
+ Experience in an environment with emphasis in government & military pricing preferred (EAC Accounting)
+ Cost Accounting Standards (CAS) & Federal Acquisition Regulation (FAR) Experience
+ Background in cost accounting, including design of cost collection and control systems
Working Conditions:
+ Standard office environment
+ Work requires substantial visual concentration on detail
+ Working conditions are normal for a manufacturing environment
+ Manufacturing operations may require the use of safety equipment to include but not limited to: eye safety glasses, gowning, masks, hearing protectors, heel/wrist straps and any other required PPE
+ May be exposed to unusual environmental conditions such as loud noises, cold temperatures, confined spaces, dust or fumes
+ Standing: 5% *percentage is approximate and may vary depending on work task
+ Sitting: 95% *percentage is approximate and may vary depending on work task
+ Lifting (in pounds): up to 10 pounds
+ Pushing (in pounds): up to 10 pounds
+ Mental/Visual: use of computer, calculator, filing cabinets
+ Workspace: work desk
Top Benefits:
_Salary range: $107,078.40 to $131,248.00_ Several factors contribute to actual salary, including experience in a similar role or performing comparable job responsibilities, skills, training, and other qualifications. Some roles may be eligible for participation in performance-based bonus programs.
As a team member at Crane Aerospace and Electronics, you’ll enjoy:
+ Benefits: Health care, dental, vision, life and disability insurance starting the first day of the month
+ Time Off: 15 days of paid time off that start accruing your first day at Crane and 12 paid holidays per year.
+ 401k Retirement Plan: 401k plan with company match
+ Education Reimbursement: eligible after 90 days of employment
+ Flexible work schedule: This position is eligible for our Crane Flex Hybrid schedule which allows for the option of up to 2 days/week of work-from-home. Some conditions apply which will be discussed during the interview process. Full policy to be provided after hire.
You can see a list of our benefits at or visit our website at for more information on our company and great opportunities.
We are committed to operational excellence and world class processes. We employ Lean manufacturing techniques to optimize manufacturing efficiency and accuracy on all product lines. Our products are known for their technical strength, proven reliability and overall value.
In our efforts to maintain a safe and drug-free workplace, Crane Aerospace & Electronics requires that candidates complete a satisfactory background check. FAA sensitive positions require employees to participate in a random drug test pool.
This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Crane Company is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, religion, sex, national origin, marital status, age, sexual orientation, gender identity, disability, pregnancy, medical condition, genetic information, protected veteran status or any other characteristic protected under federal, state, or applicable local law.
Source : Crane Aerospace & Electronics