Director, Financial Planning and Cost Accounting

Md Helicopters • Mesa, AZ

396d

About The Position

The Director of Financial Planning and Cost Accounting at MD Helicopters is a high-visibility role responsible for developing and implementing financial reporting processes, budgeting, and forecasting. This position aims to enhance the financial acumen of functional leaders and ensure compliance with Cost Accounting Standards while providing financial oversight and controls. The director will also transform financial reporting into actionable insights for executive leadership and manage the accuracy of cost and inventory information.

Requirements

• Bachelor's or Master's degree in Accounting, Finance, Business, or a related field.
• 10-15 years of relevant experience in Defense or Aerospace industries.
• CPA preferred.
• Hands-on experience in FP&A, preferably in a commercial or U.S. Department of Defense aerospace manufacturing environment.
• 5+ years in a standard cost environment.
• Experience with government contracts and dealing directly with DCMA and DCAA.
• Advanced knowledge of Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS).
• Strong analytical skills and advanced knowledge of Microsoft Excel and PowerPoint.

Nice To Haves

• Experience with JD Edwards ERP system.
• Strong communication and presentation skills.
• Ability to work independently and in a team-oriented environment.
• High levels of intellectual curiosity and a strong bias for action.

Responsibilities

• Drive the annual budgeting process, including development of templates and reporting, creation of the calendar/timeline, communication with functional teams.
• Develop and drive the monthly forecasting process, including budgets, income statements, and balance sheets.
• Develop new and/or enhance existing 13-week rolling cash forecasts.
• Tie 13-week rolling cash forecasts to projected income statements and balance sheets.
• Create dashboard(s) for management focusing on key weekly/monthly/quarterly indicators.
• Develop analytics to assist senior leadership in digesting financial results.
• Monitor spending, both by business group and program, on a monthly basis and investigate significant variances.
• Compile and analyze program financial information and present in a format to meet the requirements of internal and external customers.
• Support DCAA direct labor and indirect rate audits, and incurred cost claims.
• Monitor and manage the inventory balance sheet including reserves, WIP, and COGS balances.
• Develop the cycle count policy/process and audit internal performance against the same.
• Develop and maintain performance metrics for material costs and establish material and labor standards.
• Perform monthly closing activities including analysis of accounts and preparation of journal entries.
• Reconcile general ledger balance sheet accounts.
• Support all government direct labor and indirect rate audits, and incurred cost claims.
• Lead the proposal process in describing the company’s methods of forecasting direct labor and indirect rates.
• Lead the billing process to ensure that billing matches bidding and the correct level of sign-off on billings.
• Develop integrated financial models for revenue, margins, and costs as well as the cash impact to the business.
• Inform program managers of their spending against established budgets and availability of funds.
• Provide business guidance to the program management team and escalate issues as appropriate.
• Accumulate weekly and monthly financial metrics to monitor program performance.
• Participate in a wide variety of special projects and compile a variety of special reports for the leadership team and board of directors.

Benefits

• Competitive salary range of $148K - $187K per year.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Support Activities for Transportation
• Education Level: Bachelor's degree