Sr. Cost Accountant

1 week ago


Burbank, California, United States Crane Company Full time $108,900 - $133,300

Job Summary:
The Sr. Cost Accountant reviews and closes a high volume of work orders, processes various journal entries for month end close, provides detailed analysis of manufacturing variances, and coordinates the analysis of aged work-in-progress in a standard cost environment. The Sr. Cost Accountant also supports the management of the standard cost accounting system including identifying problems and initiating system improvements.  Additionally, the Sr. Cost Accountant participates in the annual physical inventory, quarterly inventory audits, and the annual standard cost rollup process while supporting internal and external audit requests.

Essential Functions:

  • Daily analysis and closure of a high volume of manufacturing work orders.
  • Adds standard costs for new parts to the cost accounting system.
  • Analyzes manufacturing variances on a weekly and monthly basis.
  • Provides appropriate data in response to internal and external audits.
  • Responds to special requests from manufacturing management for other fiscal reports or information.
  • Assists in the annual physical inventory, quarterly inventory audits, and/or cycle count inventory issues.
  • Participates in Month-End closing activities.
  • Helps maintain the accuracy and integrity of inventory data.
  • Participates in the data collection and research to reduce work-in-process levels.
  • Any other task assigned by supervisor or management.

Non-Essential Functions:

• Back up Cost Manager, as needed

• May supervise or direct and assist, employees assigned to lower classifications.

Minimum Qualifications:

  • Experience:
    • 5+ years of experience in cost accounting or related area, preferably in an environment with emphasis in manufacturing.
    • Experience with integrated ERP software – Oracle is a plus but willing to train the right candidate.
    • Proficient in the MS Office software (Excel, Access, Word, etc.).  Excel Macro and/or Power Query experience a plus.
  • Knowledge:
    • Sarbanes Oxley.
    • Financial systems.
    • Manufacturing methods and processes utilized in a high technology manufacturing operation.
    • Knowledge of Defense Contract Audit Agency/Defense Contract Management Agency (DCAA/DCMA).
  • Skills/Abilities:
    • Ability to organize and present financial data in a clear and concise manner.
    • Ability to effectively express self orally and in writing to prepare comprehensive analyses, recommendations, and reports.
    • Understanding of the interrelationships among Division and Corporate information systems.
    • Ability to spot and correct information systems problems; Excellent PC skills, including Microsoft Office.
    • Ability to analyze data and interpret financial implication to the organization.
    • Ability to establish and maintain effective working relationships with internal staff and outside professionals.
    • Ability to communicate effectively with employees of all levels.
  • Bachelor's Degree in Business, Accounting, Finance or related. 
  • Eligibility Requirement: This position may require access to Controlled Data or Information. Where the position requires such access only US Persons will be considered. As a US Department of Defense contractor, we are bound by International Traffic in Arms Regulations (ITAR).

Preferred Qualifications:

  • MBA
  • CMA or CPA preferred.
  • Experience in an environment with emphasis in government & military pricing preferred (EAC Accounting).
  • Cost Accounting Standards (CAS) & Federal Acquisition Regulation (FAR) Experience.
  • Background in cost accounting, including design of cost collection and control systems.

Top Benefits:

As a team member at Crane Aerospace and Electronics, you'll enjoy:

  • Benefits: Health care, dental, vision, life and disability insurance starting the first day of the month

  • Time Off: 15 days of paid time off that start accruing your first day at Crane and 12 paid holidays per year.

  • 401k Retirement Plan: 401k plan with company match

  • Education Reimbursement: eligible after 90 days of employment.

Working Conditions:

· Standard office environment

· Work requires substantial visual concentration on detail

· Working conditions are normal for a manufacturing environment

· Manufacturing operations may require the use of safety equipment to include but not limited to: eye safety glasses, gowning, masks, hearing protectors, heel/wrist straps and any other required PPE

· May be exposed to unusual environmental conditions such as loud noises, cold temperatures, confined spaces, dust or fumes.

You can see a list of our benefits at  or visit our website at  for more information on our company and great opportunities.

We are committed to operational excellence and world class processes.  We employ Lean manufacturing techniques to optimize manufacturing efficiency and accuracy on all product lines. Our products are known for their technical strength, proven reliability and overall value.

In our efforts to maintain a safe and drug-free workplace, Crane Aerospace & Electronics requires that candidates complete a satisfactory background check.  FAA sensitive positions require employees to participate in a random drug test pool.

#LI-JJ1 #CAE

Salary range: $108,900 to $133,300.00 Several factors contribute to actual salary, including experience in a similar role or performing comparable job responsibilities, skills, training, and other qualifications. Some roles may be eligible for participation in performance-based bonus programs.

This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Crane Company. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, gender, sexual orientation, general identity, national origin, disability or veteran status.


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