Manager, Cost Accounting

This position is based at Nikkiso ACD, LLC, located in Huntington Beach, CA.

Job Overview

The Manager, Cost Accounting will own and lead core cost accounting, financial reporting, and POC revenue recognition processes, ensuring accurate and timely financial information to support business decisions. This role partners closely with operations, project management, and leadership to drive performance, improve processes, and enhance financial visibility across the organization

Responsibilities

• Lead month-end close activities related to cost accounting, ensuring accuracy, completeness, and timeliness of results
• Manage balance sheet integrity, including account reconciliations, accruals, and variance analysis
• Lead revenue recognition processes, including Percentage of Completion (POC) accounting for long-term contracts
• Monitor and analyze project financials, including cost-to-complete, margin analysis, and forecast updates
• Manage contract-related accounts, including unbilled revenue (contract assets) and deferred revenue (contract liabilities)
• Partner with project managers and operations to ensure accurate cost tracking and revenue recognition
• Drive cost accounting activities, including standard cost updates and variance analysis (labor, material, overhead)
• Prepare and review financial statements and management reports, providing actionable insights
• Support budgeting and forecasting, including project-level and company-wide financial planning
• Develop and maintain financial models for revenue, cost, and cash flow projections
• Identify and implement process improvements, especially in project accounting and close processes
• Ensure compliance with accounting standards (US GAAP / IFRS) related to revenue recognition
• Support audit processes, including documentation for revenue recognition and contract accounting
• Collaborate cross-functionally to resolve discrepancies and improve financial accuracy

Key Focus Areas
• Revenue recognition (POC / ASC 606)
• Project accounting & contract management
• Financial close & reporting excellence
• Cost accounting & margin improvement
• Process improvement & standardization

Qualifications
• Bachelor's degree in Accounting, Finance, or related field
• 7+ years of accounting/finance experience
• Strong experience with POC / ASC 606 revenue recognition
• Experience in project-based or long-term contract environments
• Solid understanding of cost accounting and margin analysis
• ERP experience (SAP, Oracle, or similar)
• Advanced Excel and financial modeling skills

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand; walk; use hands and reach with hands and arms.

Environmental Safety Requirements:

• New Employee Safety Training is required by all newly hired employees, including Safety Awareness
• All safety related training is provided and tracked by the EHS Director
• Job specific training modules deemed necessary by employee's Manager or Director will be required of all employees on an ongoing basis

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Salary Range: $100,000 - $135,000, plus annual bonus structure