Cost Accountant III

Cost Accountant IIICost Accountant III serves as a key member of the finance team, responsible for ensuring the accuracy and integrity of cost accounting and financial reporting processes. This role provides financial analysis and operational insights to support business performance, maintains compliance with company policies and SOX requirements, and contributes to strategic initiatives and continuous improvement efforts. The position may also provide leadership and mentorship to other accounting personnel.Who are we?Founded in 1849, Ducommun is the oldest company in California. Starting as a hardware supply store during the California Gold Rush and eventually assisted in the birth of the aerospace industry in Southern California by providing aircraft aluminum to early aerospace pioneers like Lindbergh, Douglas and Lockheed. Today Ducommun is a global provider of innovative manufacturing solutions for customers in the aerospace, defense and industrial markets. We specialize in electronic and structural systems, producing complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. Our Facility in Tulsa, OK manufactures state-of-the-art circuit boards for Aerospace and Defense.Essential Functions40% of timePerforms analysis and validation of monthly Gross Profit reports and General Ledger input including components of cost (DL, Mat’l, Burden, Scrap etc.)Performs analysis of spending trends on a monthly and YTD basis Provide support in development of Annual Operating Plan for Performance CenterCompute and prepare financial statements, statistical reports; prepare analyses and make recommendations resulting from the analysesReconcile and update KPI information timely and accurately as required by corporate goals and guidelinesPrepare and reconcile the monthly reports for various general accounting activities including but not limited to sales, bookings, backlog, fixed assets, and other general ledger accountsPrepare supporting documentation and journal entriesPerform daily accounting activities related to AR and AP as requiredMaintain effective controls on inventory / COGS and ensure compliance with Sarbanes – OxleyCoordinates and participates in cycle counts and annual physical inventoriesPrepares monthly royalty reports40% of timeComplete monthly checklist of tasks and ensure the timely documentation in accordance with defined procedures and noted SOX controlsResponsible for the monthly reconciliation of intercompany balances between the reporting entities, including the preparation and recording of any required adjustmentsCoordinate completion of the shipping and FOB cutoff to support revenue recognitionMaintain customer collection in accordance with payment terms and company objectivesPerform monthly review of the assigned entities financial information, review and perform reconciliations as requiredPrepare monthly financial narrative to explain trend and budget variancesAssist in the calculation and recording of the month’s sales and cost of sales eliminations between the reporting entities and intercompany partnersResponsible for the upload and maintenance of the monthly financial information into the local and corporate reporting systems for the assigned entitiesResponsible for maintenance of certain supporting workpapers for each assigned entity (bad debt roll forward, fixed assets roll forward, inventory reserves, etc.)Perform ad hoc projects and analyses as requiredAssist with supporting documents for US and statutory tax compliance10% of timeMaintain and monitor fixed asset acquisitions and capital expenditure data to ensure complianceCoordinate accounting matters and participate in process development with other departments and Performance CentersPrepare documentation for internal and external audit of general accounting activities as needed for financial and SOX auditsPrepare and coordinate documents for customer and government bid auditsProvide Corporate office with any necessary cash and financial information as required10% of timeResponsible for protecting and maintaining all Controlled Unclassified Information (CUI) appropriately to prevent unauthorized access, dissemination, or use of this information, documentation, or products; including authorized and proper use of such information in regard to marking, storing, transmitting, and destruction of dataSupport all visitors and security policies to protect ITAR/EAR/CMMC/CUI information, documents, products, etc. from unauthorized access by informing management immediately of any concernsResponsible for the proper handling and management of hazardous waste generated in employee’s work areaLocal travel may be requiredPerforms other duties as assignedRegular and acceptable attendance is an essential function of this jobRequired Skills and QualificationsDemonstrated and thorough knowledge of generally accepted accounting principles and practicesFamiliarity with foreign currency, international statutory and tax transactions, and account offsetsThorough knowledge of manufacturing terminology used in accounting activitiesStrong verbal and organizational skills, and ability to communicate accounting practicesExcellent written and verbal skills to interact with people at all levels and functions inside and outside DucommunLeadership skills - people management, meeting facilitation, presentation, and customer supportExcellent interpersonal skills (customer-oriented, positive attitude, team participation)Intermediate level of computer skills in email, Word, Excel, PowerPoint, and AccessExpert level of experience with Excel preferredDemonstrated analytical expertise including ability to plan, resolve problems effectively, and respond to and reduce customer complaintsAbility to multitask efficiently and adapt within a rapidly changing environmentAbility to work autonomously, including ability to prioritize responsibilitiesDetail oriented with attention to accuracyAbility to analyze and accurately process large volumes of data efficientlyDatabase experience such as SQL server is a strong plusUnderstanding of ERP/ MRP systems and conceptsRequired Experience and EducationBachelor’s degree in Accounting or equivalent experienceMBA or Master’s degree with a financial emphasis is preferred6-10 years of accounting experience in a manufacturing environmentAerospace and defense industry experience preferred Licenses, Certifications, etc.CPA preferredWork Environment and Safety RequirementsAbility to work onsite per business needsAbility to work onsite per employee’s standard hoursOffice environment and light manufacturing environmentAbility to wear Personal Protective Equipment (PPE)Ability to travel occasionallyCompetency Requirements (minimum level required for role)Results Agility – AdvancedResults Driven, Accountable, Customer Focused, Business Acumen, Strategic ThinkerChange Agility – AdvancedProblem Solver, Change Agent, Resilient, AdaptablePeople Agility – IntermediateProfessional, Communication, Relationship Management, Conflict Management, EngagementMental Agility – IntermediateCritical Thinker, Analytical, Innovative, Manages AmbiguityEmotional Intelligence – IntermediateSelf-Aware, Socially Aware, Self-Management, EmpatheticEqual Opportunity Employer Veterans/Disabled11616 East 51st StreetTulsa, Oklahoma, 74146United States