Assistant Controller

Job Description

Job Description

• Huntington Beach

SUMMARY

Karman is currently seeking an individual who shows great leadership skills, critical thinking, and high attention to detail. As the Controller, you will be responsible for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.

ABOUT US

Karman Space & Defense provides concept-to-production solutions for mission-critical systems on spacecraft, launch vehicles, missiles, hypersonics, and integrated defense systems. We believe that solving the industry’s most complex and mission-critical challenges requires relentless determination and a willingness to push the boundaries of possibility. Karman Space & Defense brings to bear unparalleled production capabilities, unmatched engineering expertise, and unflinching analysis to render the impossible, possible.

COMPENSATION & BENEFITS

• Medical, Dental, Vision
• Company Paid Life Insurance
• 401(k) Retirement Savings Plan
• Paid Time Off (PTO)
• Paid Holidays
• Tuition Reimbursement *

• Supervise employees performing financial reporting, accounting, billing, collections, and budgeting duties. 
• Completes operational requirements by scheduling and assigning employees; following up on work results. 
• Maintains financial staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results

ESSENTIAL DUTIES & RESPONSIBILITIES

• Support all accounting operations, financial reporting, and compliance with U.S. GAAP
• Assist Controller with payroll reconciliation and banking transactions as necessary
• Analyze labor charging, material costs, overhead costs, and variances
• Support cashflow management and forecasting
• Evaluate overhead expenses and produce variance reports to identify discrepancies
• Conduct monthly gross margin analyses and prepare associated reports
• Support monthly closing activities, including journal entries, variance analyses, project cost revenue accounting (POC), and inventory reporting
• Optimize and implement ERP/HRIS system processes
• Foster a positive team culture, continuous improvement, and cross-department communication
• Monitor, analyze and report on inventory valuation, production and various other costs
• Generate reports, provide analysis, and draft thorough responses to support audit requests
• Provide ad hoc assistance to Site Management, Corporate, and other functions
• Review reporting for trends, investigate abnormalities, and provide recommendations for correction  
• Collect historical cost data to estimate costs for current or future products
• Validate inventory cost reporting
• Operate in a dynamic environment with competing priorities, while maintaining high level of attention to detail
• Support Sarbanes-Oxley (SOX) compliance and documentation
• Complies with federal, state, and local legal requirements by studying existing and new legislation; anticipating future legislation; enforcing adherence to requirements; filing financial reports; advising management on needed actions. 
• Other duties as assigned.

EDUCATION & EXPERIENCE :

• A bachelor’s degree in Accounting or similar field. 
• At least 2-3 years of audit experience is required.
• Ability to observe, receive, and otherwise obtain information from all relevant sources. 
• Being able to identify the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
• Estimate sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity. 
• Use relevant information and individual judgement to determine whether events or processes comply with laws, regulations, or standards. 
• Proficiency with excel and ERP systems
• ASC 606 POC Revenue Recognition is a plus
• Ability to read, speak and write in English

ITAR REQUIREMENTS:

• To conform to U.S. Government export regulations, certain positions may require applicants to be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.

TRAVEL REQUIREMENTS: No travel required for this position.

EQUAL OPPORTUNITY EMPLOYER

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

Karman is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally recognized basis (“protected class”) including, but not limited to race; color; religion; genetic information; national origin; sex; pregnancy, childbirth, or related medical conditions; age; disability; citizenship status; uniform servicemember status; or any other protected class under federal, state, or local law. Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment advertising, pay, and other forms of compensation, training, and general treatment during employment.