Cost Accountant

This position will work closely with operational and finance teams to monitor project performance, maintain accurate project cost information, support percentage-of-completion revenue recognition, and strengthen inventory and cost accounting processes. The role will also assist with balance sheet reconciliations, journal entries, month-end close, and ongoing process improvements.

Project Accounting & Revenue Recognition

• Partner with project and operational teams to gather and analyze project costs, estimated costs to complete, margins, milestones, and changes in project scope.
• Maintain project accounting schedules used to support percentage-of-completion and cost-to-cost revenue recognition.
• Assist with revenue recognition in accordance with ASC 606 and applicable U.S. GAAP requirements.
• Review actual project performance against budgets and estimates, identifying margin fluctuations, cost overruns, and other financial risks.
• Prepare and support journal entries and reconciliations related to project revenue, costs, contract assets, contract liabilities, and other project accounts.
• Assist with financial closeout of completed projects, including reviewing final costs, billing activity, outstanding commitments, and required adjustments.

Cost & Inventory Accounting

• Support accounting processes and controls surrounding inventory, work in process, job costing, and project-related costs.
• Reconcile inventory and project cost information across accounting systems, operational reports, and supporting schedules.
• Analyze manufacturing and project costs, including materials, labor, overhead, usage, and purchasing variances.
• Work closely with operations and supply chain teams to improve the accuracy and completeness of cost and inventory reporting.
• Support cycle counts and physical inventories and research related adjustments or discrepancies.

General Accounting & Process Improvement

• Prepare balance sheet reconciliations for assigned accounts, including inventory, intercompany, project, and contract-related accounts.
• Support month-end and year-end close activities, including journal entries, account analysis, and audit requests.
• Develop and maintain accounting procedures, schedules, documentation, and internal controls.
• Participate in accounting system improvements, data cleanup, testing, and future system implementation initiatives.
• Identify opportunities to streamline manual processes and improve the accuracy and efficiency of financial reporting.

Required

• Bachelor’s degree in Accounting, Finance, or a related discipline preferred.
• 3+ years of progressive accounting experience within project accounting, cost accounting, inventory accounting, general ledger accounting, or a related area.
• Strong understanding of accrual accounting, journal entries, account reconciliations, and U.S. GAAP.
• Ability to analyze operational and project information and translate it into accurate accounting results.
• Strong analytical, organizational, communication, and problem-solving skills.
• Ability to manage multiple priorities while meeting monthly close and reporting deadlines.

Preferred

• Experience with ASC 606 revenue recognition and percentage-of-completion or cost-to-cost accounting.
• Experience supporting long-term projects, contracts, or project-based operations.
• Background in a manufacturing, construction, engineering, or other project-driven environment.
• Experience with inventory, work in process, job costing, manufacturing costs, or variance analysis.
• Experience working in an organization undergoing process improvement or ERP/system changes.

Benefits:

Medical, dental, and vision insurance

401(k) plan with employer match

Paid holidays

3 weeks PTO

Paid sick leave

Life and disability insurance

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act

• Los Angeles City Fair Chance Ordinance

• Los Angeles County Fair Chance Ordinance for Employers

• San Francisco Fair Chance Ordinance