Manufacturing Staff Accountant

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, Haverhill is a world-class manufacturer of precision machined aerospace components. We have an exciting opportunity for a Manufacturing Staff Accountant. The Staff Accountant – Cost Accounting Focus supports the Finance team in general accounting activities, with primary responsibility for manufacturing cost accounting, inventory, and cost of sales. This position assists with month-end close, analyzes manufacturing costs and variances, maintains accurate inventory valuations, and supports financial reporting and audit requirements. The role works closely with Finance and Operations to ensure accurate recording and analysis of material, labor, overhead, inventory, and production costs.

The salary range for this position is $80,000 – $99,000

Essential Responsibilities

• Manufacturing Cost Accounting -- Analyze and cost manufacturing work orders in accordance with the company’s established costing system. Review material, labor, and overhead charges for accuracy and investigate unusual cost activity.
• Cost Data Analysis -- Collect, maintain, and analyze cost data related to raw materials, labor, overhead, inventory, and other manufacturing activities using Excel and company financial systems.
• Month-End Close and Journal Entries -- Assist the Finance Manager with month-end closing activities, including preparing and posting journal entries related to cost of sales, inventory, scrap, manufacturing variances, accruals, and other assigned accounts.
• Inventory Accounting -- Maintain and support the company’s FIFO inventory valuation process. Assist with inventory reconciliations, cycle counts, physical inventories, obsolete and slow-moving inventory analysis, and other inventory-related accounting activities.
• Audit Support -- Assist with internal and external audits by preparing requested schedules, supporting documentation, inventory records, and other audit materials.
• Other Accounting Responsibilities -- Process routine and ad hoc financial analyses and assist with other general accounting responsibilities and projects as assigned by the Finance Manager.
• Payroll Backup Support -- Serve as backup for payroll processing as needed. Assist with reviewing payroll data, employee time records, payroll reports, deductions, and related entries to help ensure accurate and timely payroll processing. Maintain appropriate confidentiality of employee and payroll information.

Position Requirements

• Bachelor’s degree in accounting or Five (5) to Ten (10) years’ experience or equivalent combination of education and experience in Manufacturing
• Experience working with Great Plains, Excel, PowerPoint, Microsoft word, SAP
• Good analytical and organizational skills.
• Good knowledge of Excel and computerized accounting and costing systems.

Why Magellan?

• Competitive salary
• Attractive benefits package
• Generous Company 401k plan
• Positive work-life balance
• Excellent career progression opportunities
• Employee Assistance Program

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 and applicable laws, including but not limited to equal employment opportunity laws. Personal information associated with any job application will not be shared with or retained by any third party. The AI note-taking tool does not in any way assess or evaluate a candidate in relation to the hiring process and is simply an administrative tool used by Magellan. Magellan retains the ultimate discretion to determine which applications proceeds through the initial screening process.  If the applicant has questions or concerns about Magellan Aerospace’s AI note-taking tool, or wishes to opt out of its use, the applicant should notify Magellan Aerospace directly at any time during the recruitment or 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.