Cost 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, Middletown, Inc. has an exciting opportunity for a reliable and hard-working Cost Accountant. As a key member of our Finance team, the successful individual will provide detailed cost information not supplied by general accounting systems, applying principles of cost accounting.  Gathers data to determine costs of business activity, such as raw material purchases, inventory, and labor as well as processing employee payroll. Analyzes data and documents results.

Essential Responsibilities

• Collects data to determine costs of business activity, such as raw material purchases, inventory, and labor.
• Analyzes data obtained and records results using excel spreadsheets.
• Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Assist at month end with reconciling any costing issues
• Assist with reporting of activities associated with inventory (scrap, rework, additional costs)
• Processes weekly and bi-weekly payroll through payroll software systems.
• Provides required Company and employee information to HRIS, payroll, and other operating systems.
• Assists with audits, both internal and external
• Assists and participates with operations to drive accurate physical inventory and cycle counts
• Process routine and ad hoc requests, or any other requested assigned tasks

Position Requirements

• Bachelor’s degree (B.A.) in Accounting with one to two years experience and/or equivalent combination of education and experience. 
• Experience working with time and attendance, payroll, and HRIS systems. Time management skills to prioritize and complete a wide variety of tasks throughout the day; Organizational skills to keep accurate records and find important information quickly. Critical thinking and attention to detail
• Ability to read and interpret general business periodicals, technical procedures, and governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, vendors, customers, and the general public. Microsoft Word, Excel, PowerPoint, Publisher and Outlook. SAP, UKG, ADP
• Ability to work with mathematical concepts such as probability and statistical inference.  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit. The employee is occasionally required to stand, walk, and talk or hear.  Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The noise level in the work environment is usually quiet.  Most of time is spent in an office setting, occasional plant environment.
• Each employee must practice safety awareness by thinking defensively, anticipate unsafe situations, report unsafe conditions immediately and comply with all safety regulations.

Why Magellan?

• Competitive salary
• Attractive benefits package
• Generous 401k Pension Plan
• Positive work-life balance
• Excellent career progression opportunities
• Commitment to professional growth
• Employee Assistance Program
• Fully paid Tuition Assistance Program (where applicable)

Confidentiality

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

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, or local law)