Cost Accountant III
Cost Accountant III serves as a key member of the finance team, responsible for ensuring the accuracy and integrity of cost accounting and financial reporting processes. This role provides financial analysis and operational insights to support business performance, maintains compliance with company policies and SOX requirements, and contributes to strategic initiatives and continuous improvement efforts. The position may also provide leadership and mentorship to other accounting personnel.
Who are we?
Founded in 1849, Ducommun is the oldest company in California. Starting as a hardware supply store during the California Gold Rush and eventually assisted in the birth of the aerospace industry in Southern California by providing aircraft aluminum to early aerospace pioneers like Lindbergh, Douglas and Lockheed.
Today Ducommun is a global provider of innovative manufacturing solutions for customers in the aerospace, defense and industrial markets. We specialize in electronic and structural systems, producing complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications.
Our Facility in Tulsa, OK manufactures state-of-the-art circuit boards for Aerospace and Defense.
Essential Functions
40% of time
Performs analysis and validation of monthly Gross Profit reports and General Ledger input including components of cost (DL, Mat'l, Burden, Scrap etc.)
Performs analysis of spending trends on a monthly and YTD basis
Provide support in development of Annual Operating Plan for Performance Center
Compute and prepare financial statements, statistical reports; prepare analyses and make recommendations resulting from the analyses
Reconcile and update KPI information timely and accurately as required by corporate goals and guidelines
Prepare and reconcile the monthly reports for various general accounting activities including but not limited to sales, bookings, backlog, fixed assets, and other general ledger accounts
Prepare supporting documentation and journal entries
Perform daily accounting activities related to AR and AP as required
Maintain effective controls on inventory / COGS and ensure compliance with Sarbanes - Oxley
Coordinates and participates in cycle counts and annual physical inventories
Prepares monthly royalty reports
40% of time
Complete monthly checklist of tasks and ensure the timely documentation in accordance with defined procedures and noted SOX controls
Responsible for the monthly reconciliation of intercompany balances between the reporting entities, including the preparation and recording of any required adjustments
Coordinate completion of the shipping and FOB cutoff to support revenue recognition
Maintain customer collection in accordance with payment terms and company objectives
Perform monthly review of the assigned entities financial information, review and perform reconciliations as required
Prepare monthly financial narrative to explain trend and budget variances
Assist in the calculation and recording of the month's sales and cost of sales eliminations between the reporting entities and intercompany partners
Responsible for the upload and maintenance of the monthly financial information into the local and corporate reporting systems for the assigned entities
Responsible for maintenance of certain supporting workpapers for each assigned entity (bad debt roll forward, fixed assets roll forward, inventory reserves, etc.)
Perform ad hoc projects and analyses as required
Assist with supporting documents for US and statutory tax compliance
10% of time
Maintain and monitor fixed asset acquisitions and capital expenditure data to ensure compliance
Coordinate accounting matters and participate in process development with other departments and Performance Centers
Prepare documentation for internal and external audit of general accounting activities as needed for financial and SOX audits
Prepare and coordinate documents for customer and government bid audits
Provide Corporate office with any necessary cash and financial information as required
10% of time
Responsible for protecting and maintaining all Controlled Unclassified Information (CUI) appropriately to prevent unauthorized access, dissemination, or use of this information, documentation, or products; including authorized and proper use of such information in regard to marking, storing, transmitting, and destruction of data
Support all visitors and security policies to protect ITAR/EAR/CMMC/CUI information, documents, products, etc. from unauthorized access by informing management immediately of any concerns
Responsible for the proper handling and management of hazardous waste generated in employee's work area
Local travel may be required
Performs other duties as assigned
Regular and acceptable attendance is an essential function of this job
Required Skills and Qualifications
Demonstrated and thorough knowledge of generally accepted accounting principles and practices
Familiarity with foreign currency, international statutory and tax transactions, and account offsets
Thorough knowledge of manufacturing terminology used in accounting activities
Strong verbal and organizational skills, and ability to communicate accounting practices
Excellent written and verbal skills to interact with people at all levels and functions inside and outside Ducommun
Leadership skills - people management, meeting facilitation, presentation, and customer support
Excellent interpersonal skills (customer-oriented, positive attitude, team participation)
Intermediate level of computer skills in email, Word, Excel, PowerPoint, and Access
Expert level of experience with Excel preferred
Demonstrated analytical expertise including ability to plan, resolve problems effectively, and respond to and reduce customer complaints
Ability to multitask efficiently and adapt within a rapidly changing environment
Ability to work autonomously, including ability to prioritize responsibilities
Detail oriented with attention to accuracy
Ability to analyze and accurately process large volumes of data efficiently
Database experience such as SQL server is a strong plus
Understanding of ERP/ MRP systems and concepts
Required Experience and Education
Bachelor's degree in Accounting or equivalent experience
MBA or Master's degree with a financial emphasis is preferred
6-10 years of accounting experience in a manufacturing environment
Aerospace and defense industry experience preferred
Licenses, Certifications, etc.
CPA preferred
Work Environment and Safety Requirements
Ability to work onsite per business needs
Ability to work onsite per employee's standard hours
Office environment and light manufacturing environment
Ability to wear Personal Protective Equipment (PPE)
Ability to travel occasionally
Competency Requirements (minimum level required for role)
Results Agility - Advanced
Results Driven, Accountable, Customer Focused, Business Acumen, Strategic Thinker
Change Agility - Advanced
Problem Solver, Change Agent, Resilient, Adaptable
People Agility - Intermediate
Professional, Communication, Relationship Management, Conflict Management, Engagement
Mental Agility - Intermediate
Critical Thinker, Analytical, Innovative, Manages Ambiguity
Emotional Intelligence - Intermediate
Self-Aware, Socially Aware, Self-Management, Empathetic
Equal Opportunity Employer Veterans/Disabled
11616 East 51st Street
Tulsa, Oklahoma, 74146
United States
