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 or equivalent work experience (bachelor's degree or HS Diploma with 9+ years)
  • Strong cost accounting background in a complex manufacturing setting
  • Familiarity with ERP systems and their application in accounting
  • Demonstrated ability to provide financial decision support

Responsibilities

  • Oversee project revenue and cost recognition
  • Reconcile customer contract backlog and assets/liabilities
  • Monitor and track inventory levels
  • Support project estimates and revenue recognition during EAC cycles
  • Analyze and interpret new contracts based on accounting standards
  • Establish programs and charge codes in the accounting system
  • Lead initiatives for process improvement
  • Investigate discrepancies in accounting and provide actionable feedback
  • Perform month-end journal entries related to revenue, cost of sales, and inventory
  • Document processes to comply with SOX control requirements

Benefits

  • Work in a dynamic and innovative environment
  • Opportunity to contribute to space technology advancements
  • Collaborative team culture emphasizing support and accountability
  • Potential for professional growth within a cutting-edge company
  • Flexible work arrangements may be offered depending on projects
Full Job Description
SENIOR COST AND PROJECT ACCOUNTANT I

Based at Rocket Lab's Solar Manufacturing facility in Albuquerque, New Mexico the Senior Cost 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.

WHAT TO EXPECT

We're on a mission to unlock the potential of space to improve life on Earth, but that's not an easy task. It takes hard work, determination, relentless innovation, teamwork, grit, and an unwavering commitment to achieving what others often deem impossible. Our people out-think, out-work, and out-pace. We pride ourselves on having each other's backs, checking our egos at the door, and rolling up our sleeves on all tasks big and small. We thrive under pressure, work to tight deadlines, and our focus is always on how we can deliver, rather than dwelling on the challenges that stand in the way.

Important information:

FOR CANDIDATES SEEKING TO WORK IN US OFFICES ONLY:

To conform to U.S. Government space technology export regulations, including the International Traffic in Arms Regulations (ITAR), Rocket Lab Employees must be a U.S. citizen, lawful U.S. permanent resident (i.e., current Green Card holder), or lawfully admitted into the U.S. as a refugee or granted asylum, or be eligible to obtain the required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce, as applicable. Learn more about ITAR here.

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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