Sr Cost Accountant

2 months ago

Thousand Oaks, United States Link Consulting Full time
Job DescriptionJob Description

Job Description

 Teledyne Scientific Company, the central Research Lab of Teledyne Technologies, is a cutting edge R&D organization with more than 50 years of legacy of new technology development and transition. The company has world class laboratories and facilities, and a highly dynamic, multi-disciplinary work environment. 

Teledyne Imaging Sensors is an integral member of the Digital Imaging Segment of Teledyne Technologies. Imaging Sensors provides advanced imaging solutions for a variety of customers, including the DoD, NASA, prime system integrators, and commercial customers. In the civilian space arena, Teledyne sensors are the most advanced sensors on board the Hubble space telescope, and they are also found on board the majority of NASA space probes and ground based telescopes. In the DoD arena, Teledyne sensors are integrated into several major systems for persistent surveillance, chemical detection, and target identification, among others.

 

The Sr. Cost Accountant will play a key role in the revenue recognition, internal control processes, maintaining capital and fixed assets, compliance with internal and external regulations and management reporting for Teledyne Scientific & Imaging.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Analyze and report variances generated from inventory purchases and usage. Works closely with operations to fully understand and report the cause of variances.

  • Reconciles inventory subledger to the general ledger monthly.

  • Reviews and recommends COGS adjustment as needed on company-owned inventory.

  • Prepares period cost reserve analysis, E&O reserve analysis, and related journal entries.

  • Prepares monthly account reconciliations.

  • Performs quarterly physical inventory counts and coordinates counts observation by external audit firm.

  • Supports preparation and submission of quarterly and annual audit and tax packs.

  • Prepares quarterly variance explanations for income statement and balance sheet.

  • Leads activities in the preparation of quarterly and annual surveys.

  • Reviews and analyzes unbilled receivables.

  • Assists, as required, in special projects to improve overall efficiency, eliminating process waste and improving company profitability.

 

Qualifications & Competences

  • Understanding of GAAP and corporate guidelines as they apply to accounting transactions.

  • Strong understanding of financial statements and reports

  • Familiar with Gov’t accounting, FAR and CAS regulations a plus

Company DescriptionAt Link Consulting Services, we are proud to work with the world’s best clients and talent—Fortune 500 companies on the cutting edge of technical advancements and IT and telecommunications professionals with deep knowledge about in-demand technologies. Since 2005, we’ve built these relationships based on respect and integrity. Everything we do is inspired by our Company Mission, Values, and Vision, and our commitment to deliver value above all else. Learn more about the heart of our company below and find out why we love what we do every day.Company DescriptionAt Link Consulting Services, we are proud to work with the world’s best clients and talent—Fortune 500 companies on the cutting edge of technical advancements and IT and telecommunications professionals with deep knowledge about in-demand technologies. Since 2005, we’ve built these relationships based on respect and integrity. Everything we do is inspired by our Company Mission, Values, and Vision, and our commitment to deliver value above all else. Learn more about the heart of our company below and find out why we love what we do every day.

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