Rocket Lab

Senior Cost and Project Accountant I

Rocket Lab$80K — $95K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in accounting and a bachelor's degree or equivalent work experience (HS Diploma and 9+ years)
  • Strong background in cost accounting within a complex manufacturing setting
  • Knowledgeable in ERP systems for effective accounting management
  • Experience in financial decision support and analysis

Responsibilities

  • Manage project revenue and cost recognition processes
  • Reconcile customer contract backlog and associated assets and liabilities
  • Track and reconcile inventory effectively
  • Support the EAC cycle for project estimates and revenue recognition
  • Interpret and review contracts per ASC 606 revenue standards
  • Set up accounting programs and charge codes in the system
  • Initiate and lead process improvement projects

Benefits

  • Collaborative work environment at Rocket Lab's Solar Manufacturing facility
  • Opportunity to contribute to significant customer contracts and high-stakes projects
  • Engagement with various teams across the organization
  • Room for professional growth and improvement initiatives
Full Job Description
SENIOR COST AND PROJECT ACCOUNTANT I

Based at Rocket Lab's Solar Manufacturing facility in Albuquerque, New Mexico the Senior Cost and Project Accountant will be responsible for contract revenue, cost of sales and inventory. This position requires the ability to maintain accurate revenue and cost of sales for significant Rocket Lab customer contracts.

The Senior Cost & Project Accountant I will report to the Program Accounting Manager and work closely with the accounting team and partner with various team members throughout the organization.

WHAT YOU'LL GET TO DO:
  • Responsible for project revenue & cost recognition
  • Update and reconcile customer contract backlog and customer contract asset & liability
  • Track and reconcile inventory
  • Support EAC cycle for project estimates and revenue recognition
  • Review and interpret new contracts using the 5 step 606 accounting revenue standards
  • Set up programs and charge codes in the accounting system
  • Initiate process improvement projects
  • Investigate and provide feedback on accounting irregularities
  • Other duties as assigned
  • Month End Activities:
    • Book journal entries to recognize OT and PIT revenue and cost of sales
    • Book journal entries and reconcile contract asset & liability
    • Book journal entries to adjust and reconcile inventory as needed
    • Document revenue and cost of sales processes - SOX control requirements
    • Prepare monthly and quarterly reporting requests as needed
    • Develop project cost processes as required

YOU'LL BRING THESE QUALIFICATIONS:
  • 5+ years of experience and a bachelor's degree, or equivalent years of work experience (HS Diploma and 9+ years of work experience)
  • Strong cost accounting experience in a complex manufacturing environment
  • Strong ERP systems knowledge and experience
  • Proven experience in providing financial decision support

THESE QUALIFICATIONS WOULD BE NICE TO HAVE:
  • Excellent interpersonal, verbal, and written communication skills with the ability to explain project cost information to others
  • Advanced Excel and analytical skills desirable

This position may require prolonged periods of sitting, standing, walking, computer work, and occasional exposure to moderate levels of noise, dust, and fumes in production areas.

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

More Jobs at Rocket Lab

More Manufacturing & Automotive Jobs

Find similar Senior Cost and Project Accountant I jobs: