Rocket Lab

Senior Cost Accounting Analyst II

Rocket Lab$110K — $135K *
Aerospace & Defense
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years experience in general ledger and cost accounting.
  • Bachelor's degree in accounting or equivalent (12+ years in relevant experience).
  • Strong skills in inventory valuation and variance analysis.
  • Knowledge of Moving Average Unit Cost (MAUC) and standard costing.
  • Experience with ERP system evaluation for transaction variance.
  • Advanced Microsoft Office Suite proficiency, especially Excel.

Responsibilities

  • Prepare journal entries for month-end inventory reconciliation.
  • Conduct monthly inventory reconciliations and manage SOX controls.
  • Generate quarterly slow-moving inventory reserve reports for management.
  • Support updates for overhead, labor rates, and inventory revaluations.
  • Analyze cost variances and production trends to implement adjustments.
  • Troubleshoot and resolve unexplained inventory transaction issues.
  • Review and close aging work/production orders.

Benefits

  • 100% company-sponsored medical HSA plan option.
  • 3 weeks paid vacation and 5 days sick leave annually.
  • 11 paid holidays every year.
  • Access to top-tier medical, dental, and vision coverage.
  • 401(k) retirement plan with company match.
  • Onsite gym and subsidized EV charging stations.
  • Employee discounts and a stock purchase program.
Full Job Description
SENIOR COST ACCOUNTING ANALYST II

Based onsite at Rocket Lab's headquarters in Long Beach, California the Senior Cost Accounting Analyst will be responsible for the cost accounting function for the enterprise, inventory valuation, production orders cost analysis & aging, inventory reconciliations and SOX controls. This position requires the ability to develop and maintain accurate costing and valuation for inventory. The Senior Cost Accounting Analyst II will report to the Senior Cost Accounting Manager and work closely with accounting, and partner with various team members throughout the organization.

WHAT YOU'LL GET TO DO:
  • Month-end process preparing journal entries for inventory reconciliation, raw material cost allocations, reclassifying operating expenses and distributing manufacturing variances by-product and categories.
  • Prepare monthly inventory reconciliation and SOX Controls.
  • Generate quarterly slows moving inventory reserve reports and presentation for Management review and approval. Organize and set quarterly reserve meetings.
  • Support OH updates, Labor Rates and items inventory revaluations.
  • Analyze trends in cost variances, production volumes, and material usage and implement timely adjustments. Troubleshoot and research unexplained inventory transactions.
  • Investigate cycle counting variances and resolve issues.
  • Review and close work/production orders based on aging.
  • Generate and distribute weekly/monthly/quarterly spend, inventory, and production reports as needed.
  • Focus on improvement of all facets of cost accounting, inventory control, variance analysis, gross margin analysis, forecasting & system improvement.
  • Establish cost accounting policies and procedures to arrive at accurate standards for inventory valuation.
  • Collaborates with other department managers in reporting and reviewing various trends and key performance indicators.
  • Initiate process improvement projects to update transactional, financial, and reporting processes.
  • Provide support with internal and external audit requests.
  • Ensuring compliance with GAAP and/or International Financial Reporting Standards (IFRS).

YOU'LL BRING THESE QUALIFICATIONS:
  • 8+ years of experience in the general ledger and cost accounting area.
  • Bachelor's degree in accounting or equivalent combination of relevant education/ experience (12+ years of work experience).
  • Strong skills in Inventory value, transaction, and variance analysis.
  • Knowledge of Moving Average Unit Cost (MAUC), and Standard Cost process and calculation to support the accurate production cost and inventory valuation.
  • Experience evaluating ERP System financial transactions to track and identified variances to correct inventory or production cost.
  • Proficient in Microsoft Office Suite - Especially advanced Excel skills.

THESE QUALIFICATIONS WOULD BE NICE TO HAVE:
  • Certified Management Accountant (CMA)
  • Experience working in a manufacturing environment, preferably within the aerospace and defense industry.
  • ERP experience using Infor LN, Oracle, JDE, SAP or similar ERP system.
  • Experience building Squeal Queries and Power BI building reports.
  • Attention to detail, organizational skills and ability to prioritize.
  • Independent problem-solving skills
  • Excellent interpersonal, verbal & written communication skills & the ability to explain complex information to others.

ADDITIONAL REQUIREMENTS:
  • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to focus.
  • Regularly required to sit, use hands and fingers, operate computer keyboard and controls, and communicate verbally and in writing.
  • Must be physically able to commute to buildings
  • Occasional exposure to dust, fumes and moderate levels of noise.


Level and base salary will be determined on a case-by-case basis and may vary based on the following considerations: job-related knowledge and skills, education, and experience.

Base salary is just one component of our total rewards package at Rocket Lab. Employees may also receive company equity and access to a robust benefits package including: top tier medical HMO, PPO & a 100% company-sponsored medical HSA plan option, dental and vision coverage, 3 weeks paid vacation and 5 days sick leave per year, 11 paid holidays per year, flexible spending and dependent care savings accounts, paid parental leave, disability insurance, life insurance, and access to a 401(k) retirement plan with company match. Other perks include: Discounted employee stock purchase program, subsidized EV charging stations, onsite gym, food and drinks, and other discounts.

Eligibility for benefits may vary based on employment status, please check with your recruiter for a comprehensive list of the benefits available for this role. Benefit programs are subject to change at the company's discretion.

Base Pay Range (CA Only)

$110,000-$135,000 USD

About Rocket Lab

Rocket Lab is a private American aerospace manufacturer and small satellite launch service provider. The company was founded in 2006 by New Zealander Peter Beck. Rocket Lab's Electron rocket is designed to launch small payloads of up to 300 kg into low Earth orbit. The company has launched several successful missions and has contracts with NASA and other organizations. Rocket Lab has raised over $200 million in funding and has offices in the United States and New Zealand.
Learn more about Rocket Lab
Size
500 employees
Market Cap
$1.6 billion
Industry
Founded
2006
NASDAQ

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