General Accounting Manager

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value.

Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.

When you are part of Magellan, you are part of the team!

Position Summary

Magellan Aerospace, New York has an exciting new opportunity for a General Accounting Manager. The successful incumbent will be responsible for managing the daily operations of the accounting department, ensuring accurate financial reporting, maintaining internal controls, and leading the accounting team.

The Salary Range for this position is $105,000 to $115,000 annually.

Essential Responsibilities

1. Financial Reporting

• Prepare and review monthly, quarterly and annual financial statements
• Ensure compliance with company policy and accounting standards (e.g., GAAP or IFRS)
• Review and analyze financial results and complete explain variances
• Report to senior management when necessary

2. General Ledger Management

• Oversee, review and approve journal entries, account reconciliations and maintain ledger integrity
• Ensure all transactions are recorded accurately and timely

3. Month-End & Year-End Close

• Prepare, maintain, manage and streamline the closing schedule and process

4. Compliance & Internal Controls

• Ensure Finance team is compliant with all company policy and training requirements
• Develop and maintain internal controls to prevent errors or fraud
• Support internal and external audits

5. Team Leadership

• Supervise and mentor accounting staff (General Accounting, Accounts Receivable and Accounts Payable)
• Delegate and review tasks as necessary
• Conduct annual performance evaluations

6. Budgeting & Forecasting

• Assist in preparation of annual budgets and rolling monthly forecasts
• Monitor actual performance vs. budget

7. Process Improvement

• Identify inefficiencies and implement improvements in Accounting and Finance processes
• Optimize use of accounting systems/ERP tools

Position Requirements

• Bachelor’s degree or equivalent in Accounting, Finance or related field
• 5–10 years of accounting experience in leadership roles
• Strong knowledge/background of accounting principles and financial reporting
• Experience with ERP systems
• Excellent analytical, leadership and communication skills

Why Magellan?

• Competitive salary
• Attractive benefits package
• Generous 401k Pension Plan
• Positive work-life balance
• Excellent career progression opportunities
• Employee Assistance Program
• Free parking

Magellan Aerospace is committed to an inclusive working environment and equal opportunities for all. We welcome all applications without regard to social and cultural background, age, gender, disability, sexual orientation, national origin or religious belief, status as a protected veteran, or any other characteristic protected by applicable federal, state/province, or local law.

If you require an accommodation during the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let your Human Resources point of contact know and we will work with you, to the best of our ability to meet your needs.

Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated.

Magellan may use an approved Artificial Intelligence (AI) note-taking tool to support the initial screening stage of its recruitment and selection process. All AI use is performed in accordance with Magellan’s privacy policies. Personal information associated with any job application will not be shared with or retained by any third party. Magellan the ultimate discretion to determine which applications proceed through the initial screening process.

This position requires access to technical data and necessitates that Magellan Aerospace obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls.  As such, hires for this position – except U.S. Citizens, U.S. Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3), will be required to go through an export licensing review process.  Magellan Aerospace does not make recruiting or hiring decisions based on citizenship, immigration status, or national origin; however, if information access or export control restrictions based upon applicable U.S. laws and regulations would prohibit an applicant from working in this position without first obtaining an export license, Magellan Aerospace expressly reserves the right not to offer employment.