Cost Accountant

Safran Group
Costa Mesa
09 May 2018
25 May 2018
Job role
Contract type
Full time
Job description

1)Summary of Job Purpose:

Cost Accountant collects, analyzes and forecasts manufacturing cost information providing management with accurate and timely reporting of financial and operational data. The cost accountant role is responsible for standard costing issues, inventory, & general accounting.

2)Essential Duties and Responsibilities:

Perform month–end closing, account reconciliations, expense analysis, and financial and operational reporting.

Applies principles of cost accounting to develop product costs, labor and overhead rates.

Analyzes and prepares reports of actual manufacturing costs and compares standard costs to actual production costs.

Provides timely and accurate financial and operational reports.

Assist in review of information related to cost of sales, closed work order variance and gross margin exception analysis for reasonableness.

Active in auditing and reconciling physical inventories.

Variance and root–cause analysis. Recommend process improvements and corrective actions for problem areas.

Participate in the planning, budgeting, and forecasting process.

Manage the entire fixed assets cycle (capital appropriations, CIP tracking, capitalization, asset disposals and cycle counts)

Validate and track site cost reduction initiatives

Assist in the Annual Sarbanes–Oxley Assessment & Testing requirements.

(Please note this position is located in our Costa Mesa, CA office)

Job requirements

Education / Experience:

Basic Qualifications (candidates must meet these requirements)

Bachelors degree in Accounting from an accredited institution

2 years of experience in standard costing and manufacturing accounting

Must be authorized to work in the United States without company sponsorship.

This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. citizen, U.S. permanent resident (i.e. green card holder), political asylee or refugee

No relocation is provided for this position. Only candidates residing within a 50 mile radius will be considered.

Position Criteria (Requirements of the job, but difficult to measure and candidates don't have to meet every single requirement)

Microsoft Office: Excel, PowerPoint, Outlook.

Thorough attention to detail and accuracy.

Displays initiative and creativity in identifying and solving problems.

Ability to work both independently and in a team environment.

Excellent communication and interpersonal skills. Exhibits clear and concise written and verbal communication.

Capacity to work in a fast–paced, deadline driven environment with multiple concurrent assignments.

Works and communicates effectively at all organizational levels and across functional areas.

Preferred Qualifications (Would be ideal for candidates to meet these requirements)

Knowledge of ERP system

4)Physical Requirements (candidates must meet these requirements)


* –While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand and walk.

* –The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

* –The noise level in the work environment is usually quiet.

Company information

Safran is an international high–technology group, operating in the aircraft propulsion and equipment, space and defense markets. Safran has a global presence, with more than 58,000 employees and sales of 16.5 billion euros in 2017. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. Safran is listed on the Euronext Paris stock exchange, and is part of the CAC 40 and Euro Stoxx 50 indices.

In February 2018, Safran took control of Zodiac Aerospace, significantly expanding its aircraft equipment activities. Zodiac Aerospace has 32,500 employees and generated sales of 5.1 billion euros for its fiscal year ended August 31, 2017.

Safran is ranked among the Top 100 Global Innovators by Thomson Reuters and is featured on the "Happy at work" rankings. The Group places fourth on the Universum ranking for the favorite companies of newly–qualified engineers in France.

Safran Electronics & Defense is a world leader in the supply of solutions and services in optronics, avionics, electronics and critical software for both commercial and military markets. The company equips more than 1,000 boats, 25,000 land vehicles and 10,000 aircraft worldwide.