Cost Accountant
Company Name:
Teledyne Technologies
Summary: Provides Management with accurate and timely costing and financial information for: 1) Teledyne Isco's external reporting needs and 2) Teledyne Isco's internal reporting needs. This reporting is vital to the evaluation of the company's performance and planning for the future.
Results Expected:
1. Properly, accurately, and efficiently prepares the costing and financial information necessary for monthly, quarterly and annual internal and external reporting purposes. This includes coordinating with
the Senior Cost/Project Analyst and LFI Controller to ensure that the appropriate work paper documentation exists to support external reporting.
2. Assists the Senior Cost/Project Analyst in ensuring the standard manufactured direct costs are reasonably accurate and representative by: 1) reviewing new item revision codes and populating
Accounting's fields; 2) performing selective cost roll; 3) reviewing and identifying the standard lot sizes are updated; 4) performing analysis on new standard cost rolls for quarterly activation.
3. Performs several monthly cost accounting requirements including: 1) inventory management, journal entries, reporting inventory received and not invoiced 2) inventory reserves' calculations; 3)
reclassifications and accrual journal entries; 4) cycle counts information extraction and monitoring; 5) analyzing variance and expense accounts.
4. Analyzes production orders actuals compared to standards, requests corrections, closes orders.
5. Monthly processing and posting of manual and automated journal entries, closing of interim periods and year ends, the appropriate updating of all necessary cost allocations between cost centers.
These responsibilities require adherence to time schedules.
6. Assists the LFI Controller and Senior Financial Accountant in responding to Directors, Managers, and Supervisors questions related to expense variances in a timely manner.
7. Prepares recurring and ad-hoc requests for cost and financial analyses and documentation as assigned by the Senior Cost/Project Analyst or LFI Controller in support of internal and external reporting
needs.
8. Assists in controlling auditing costs for Teledyne Isco by performing responsibilities as assigned, such as the preparation of work papers for the external auditors as needed.
9. Assumes a support role in the preparation of the annual budget for Teledyne Isco and assists the Controller and Senior Financial Accountant in preparation of the annual budget for subsidiaries and
consolidated company budget by collecting, assembling, and analyzing data.
10. As it relates to Teledyne LFI, ensures that the LFI Controller is kept informed by discussing:1) all anticipated changes to existing reports and data, any new requested reports and data, as requested by
company personnel before requests are implemented; 2) any major problems that have occurred in dealing with other departments of the company or personnel within the accounting department; 3)
any proposed changes to the operating systems before changes are made; and 4) any internal control weaknesses or situations within the company that may develop into potential problems along with
suggestions of possible solutions.
11. Assists in achieving the goals of Teledyne Isco by performing other duties as assigned.
Equipment Operated:
Personal Computer connected to a local area network (LAN)
10-Key Calculator
Word Processor
Printer
Photocopier
,
Job Specifications:
1. Bachelor's degree from an accredited University/College with an emphasis in accounting.
2. Three to five years of experience working in a cost accounting position that resulted in the ability to perform moderately-complex tasks related to the cost and financial accounting areas. Such tasks
would include familiarity with detail costs and variances analysis, account analysis, and the overall balance sheet and income statement reporting concepts and related inventory transactions.
3. Requires the ability to plan short-term (two months or less) activities, anticipate changes to the plans, adjust the plans as needed, and actively communicate the changes to the necessary individuals.
4. Requires the ability to analyze data; communicate financial information to non-financial individuals.
5. Minimum of two years experience utilizing personal computers with experience with the applications of Excel, and Microsoft Word or similar applications. Pivot Table experience is required
6. Work is typically sedentary and requires frequent reaching, fingering, grasping, talking, and hearing. Requires occasional standing and walking.
Requisition Number: V3Y-3294
Job Title: Cost Accountant
Area of Interest: Accounting
Division: CBU2 Lab and Field
Position Type: Full Time - Regular
Job Type: Exempt
City: Lincoln
State / Province: NebraskaEstimated Salary: $20 to $28 per hour based on qualifications.
Teledyne Technologies
Summary: Provides Management with accurate and timely costing and financial information for: 1) Teledyne Isco's external reporting needs and 2) Teledyne Isco's internal reporting needs. This reporting is vital to the evaluation of the company's performance and planning for the future.
Results Expected:
1. Properly, accurately, and efficiently prepares the costing and financial information necessary for monthly, quarterly and annual internal and external reporting purposes. This includes coordinating with
the Senior Cost/Project Analyst and LFI Controller to ensure that the appropriate work paper documentation exists to support external reporting.
2. Assists the Senior Cost/Project Analyst in ensuring the standard manufactured direct costs are reasonably accurate and representative by: 1) reviewing new item revision codes and populating
Accounting's fields; 2) performing selective cost roll; 3) reviewing and identifying the standard lot sizes are updated; 4) performing analysis on new standard cost rolls for quarterly activation.
3. Performs several monthly cost accounting requirements including: 1) inventory management, journal entries, reporting inventory received and not invoiced 2) inventory reserves' calculations; 3)
reclassifications and accrual journal entries; 4) cycle counts information extraction and monitoring; 5) analyzing variance and expense accounts.
4. Analyzes production orders actuals compared to standards, requests corrections, closes orders.
5. Monthly processing and posting of manual and automated journal entries, closing of interim periods and year ends, the appropriate updating of all necessary cost allocations between cost centers.
These responsibilities require adherence to time schedules.
6. Assists the LFI Controller and Senior Financial Accountant in responding to Directors, Managers, and Supervisors questions related to expense variances in a timely manner.
7. Prepares recurring and ad-hoc requests for cost and financial analyses and documentation as assigned by the Senior Cost/Project Analyst or LFI Controller in support of internal and external reporting
needs.
8. Assists in controlling auditing costs for Teledyne Isco by performing responsibilities as assigned, such as the preparation of work papers for the external auditors as needed.
9. Assumes a support role in the preparation of the annual budget for Teledyne Isco and assists the Controller and Senior Financial Accountant in preparation of the annual budget for subsidiaries and
consolidated company budget by collecting, assembling, and analyzing data.
10. As it relates to Teledyne LFI, ensures that the LFI Controller is kept informed by discussing:1) all anticipated changes to existing reports and data, any new requested reports and data, as requested by
company personnel before requests are implemented; 2) any major problems that have occurred in dealing with other departments of the company or personnel within the accounting department; 3)
any proposed changes to the operating systems before changes are made; and 4) any internal control weaknesses or situations within the company that may develop into potential problems along with
suggestions of possible solutions.
11. Assists in achieving the goals of Teledyne Isco by performing other duties as assigned.
Equipment Operated:
Personal Computer connected to a local area network (LAN)
10-Key Calculator
Word Processor
Printer
Photocopier
,
Job Specifications:
1. Bachelor's degree from an accredited University/College with an emphasis in accounting.
2. Three to five years of experience working in a cost accounting position that resulted in the ability to perform moderately-complex tasks related to the cost and financial accounting areas. Such tasks
would include familiarity with detail costs and variances analysis, account analysis, and the overall balance sheet and income statement reporting concepts and related inventory transactions.
3. Requires the ability to plan short-term (two months or less) activities, anticipate changes to the plans, adjust the plans as needed, and actively communicate the changes to the necessary individuals.
4. Requires the ability to analyze data; communicate financial information to non-financial individuals.
5. Minimum of two years experience utilizing personal computers with experience with the applications of Excel, and Microsoft Word or similar applications. Pivot Table experience is required
6. Work is typically sedentary and requires frequent reaching, fingering, grasping, talking, and hearing. Requires occasional standing and walking.
Requisition Number: V3Y-3294
Job Title: Cost Accountant
Area of Interest: Accounting
Division: CBU2 Lab and Field
Position Type: Full Time - Regular
Job Type: Exempt
City: Lincoln
State / Province: NebraskaEstimated Salary: $20 to $28 per hour based on qualifications.
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