Sr. Cost Accountant

Posted 6 Days Ago
Be an Early Applicant
Thousand Oaks, CA
94K-126K Annually
Senior level
Hardware • Security
The Role
The Sr. Cost Accountant will manage revenue recognition, internal control processes, and compliance with regulations. Responsibilities include analyzing variances from inventory transactions, preparing account reconciliations, and supporting audit preparations. The role requires strong understanding of accounting principles and financial reports.
Summary Generated by Built In

Be visionary

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets that require advanced technology and high reliability. These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research.

We are looking for individuals who thrive on making an impact and want the excitement of being on a team that wins.

Job Description

Teledyne Scientific Company, the central Research Lab of Teledyne Technologies, is a cutting edge R&D organization with more than 50 years of legacy of new technology development and transition. The company has world class laboratories and facilities, and a highly dynamic, multi-disciplinary work environment. 

Teledyne Imaging Sensors is an integral member of the Digital Imaging Segment of Teledyne Technologies. Imaging Sensors provides advanced imaging solutions for a variety of customers, including the DoD, NASA, prime system integrators, and commercial customers. In the civilian space arena, Teledyne sensors are the most advanced sensors on board the Hubble space telescope, and they are also found on board the majority of NASA space probes and ground based telescopes. In the DoD arena, Teledyne sensors are integrated into several major systems for persistent surveillance, chemical detection, and target identification, among others.

The Sr. Cost Accountant will play a key role in the revenue recognition, internal control processes, maintaining capital and fixed assets, compliance with internal and external regulations and management reporting for Teledyne Scientific & Imaging.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Analyze and report variances generated from inventory purchases and usage. Works closely with operations to fully understand and report the cause of variances.

  • Reconciles inventory subledger to the general ledger monthly.

  • Reviews and recommends COGS adjustment as needed on company-owned inventory.

  • Prepares period cost reserve analysis, E&O reserve analysis, and related journal entries.

  • Prepares monthly account reconciliations.

  • Performs quarterly physical inventory counts and coordinates counts observation by external audit firm.

  • Supports preparation and submission of quarterly and annual audit and tax packs.

  • Prepares quarterly variance explanations for income statement and balance sheet.

  • Leads activities in the preparation of quarterly and annual surveys.

  • Reviews and analyzes unbilled receivables.

  • Assists, as required, in special projects to improve overall efficiency, eliminating process waste and improving company profitability.

Qualifications & Competences

  • Understanding of GAAP and corporate guidelines as they apply to accounting transactions.

  • Strong understanding of financial statements and reports

  • Familiar with Gov’t accounting, FAR and CAS regulations a plus

Education and/or Experience

  • Bachelor's in Accounting, Business Administration, Economics or related field with 10 years of accounting experience with increasing responsibility over time

  • Experience with Government Accounting

  • Experience using Deltek CostPoint, TM1, and OneStream a plus

Citizenship Requirements

Due to the type of work at the facility and certain access restrictions, successful applicants must be a U.S. Citizen.

#TS&I

Salary Range:

$93,500.00-$125,950.000

Pay Transparency

The anticipated salary range listed for this role is only an estimate. Actual compensation for successful candidates is carefully determined based on several factors including, but not limited to, location, education/training, work experience, key skills, and type of position.

Teledyne and all of our employees are committed to conducting business with the highest ethical standards. We require all employees to comply with all applicable laws, regulations, rules and regulatory orders. Our reputation for honesty, integrity and high ethics is as important to us as our reputation for making innovative sensing solutions.

Teledyne is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other characteristic or non-merit based factor made unlawful by federal, state, or local laws. ​

Top Skills

Deltek Costpoint
Onestream
Tm1
The Company
HQ: Wilsonville, OR
3,092 Employees
On-site Workplace
Year Founded: 1978

What We Do

Teledyne FLIR designs, develops, manufactures, markets, and distributes technologies that enhance perception and awareness. We bring innovative sensing solutions into daily life through our thermal imaging, visible-light imaging, video analytics, measurement and diagnostic, and advanced threat detection systems.

Teledyne FLIR offers a diversified portfolio that serves a number of applications in government & defense, industrial, and commercial markets. Our products help first responders and military personnel protect and save lives, promote efficiency within the trades, and innovate consumer-facing technologies. Teledyne FLIR strives to strengthen public safety and well-being, increase energy and time efficiency, and contribute to healthy and intelligent communities.

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