Director of Accounting - Aerospace/Defense

Location: Los Angeles, CA
Date Posted: 10-25-2018
Director of Accounting - Defense/Aerospace Industry
COMPANY PROFILE:
  • Founded in 1985 our client has developed a unique business model of achieving both research and technology advancements, and transitioning them into commercial and defense products.
  • HQ’d in Torrance, CA with 5 buildings that occupy over 100,000 square feet; housing some of the most highly advanced and unique research laboratories, as well as engineering, prototyping, development, testing, and production facilities.
  • Delivered $300+ million in products to clients in various defense and commercial industries.
  • Employs around 300 people, including many PhD level scientists and engineers.
  • Highly innovative, small business, women-owned company.
FEATURES AND BENEFITS:
  • Employer contributed comprehensive medical, dental, and vision coverage at competitive rates and lower premiums.
  • Employer contributed 401k savings plan
  • Complimentary Life Insurance
  • Tuition Reimbursement
  • 1 week of vacation time upon hire, 15 days paid vacation, 10 paid holidays
  • Company sponsored lunch and learns, team building activities, and onsite yoga classes
  • Excellent work/life balance
THE ROLE YOU WILL PLAY:
Reporting directly to the SVP & Chief Financial Officer, this Director of Accounting will play a critical role in owning the responsibility of overseeing Accounting, Accounts Payable, and Payroll. This includes financial statements and reports, as well as initiatives for future business growth.
Key Responsibilities
  • Responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies, and US GAAP.
  • Is responsible to ensure that credit risk is balanced with business objectives, targets are met and that only valid claims with proper management authorization are paid.
  • Oversees the general accounting function, which includes inter-company accounting, cash management/reconciliation, financial reporting, balance sheet management (excluding inventory related items) and royalty management.
  • Accountable for ensuring that policies and procedures (internal controls) are in place to provide reasonable assurance that the company assets are protected.
  • Coordinates and oversees the activities relative to internal controls documentation and testing and segregation of duties.
  • Provides technical accounting GAAP guidance and support to all company entities. At times, this may include involvement in due diligence and other activities surrounding acquisitions/dispositions.
  • Responsible for proper timing and application of revenue recognition rules. This currently entails a real-time review of each instrument order and its terms for changes needed and determination of proper timing of revenue recognition. Involves significant interaction with Business Development and Divisional Operations
  • Ensures that company financial records, under responsibility, are maintained in compliance with company policies and US GAAP. Responsible for reviewing monthly/quarterly account reconciliations and other documents to ensure this compliance.
  • Ensures that company financial reports are prepared in compliance with policies.
  • Supervises the completion of Federal and State tax reporting requirements (including income, property, sales and use, payroll and other local taxes), insurance reports and other reports required by government regulation. Also, assists Corporate Tax, Treasury and Risk departments with dealing with tax related issues and meeting reporting requirements.
  • Ensures that the computer system continues to operate as required. Involved in validating/designing suggested changes to ensure accounting requirements continue to be met.
  • Coordinates work relating to both internal and external audits in the periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings
  • Ensures that the accounting department is staffed with qualified financial personnel capable of meeting the objectives and responsibilities, noted above. Responsible for continued development of these associates.
  • Will have direct management responsibility of the following: General Accounting, Accounts Payable and Payroll.
COMMUNITY
  • Torrance, CA is ranked in the Top 25 of “Best Suburban Cities to live in Los Angeles County” (based on factors including: crime/safety, housing, diversity, nightlife/recreation, school system, and the ability to raise a family)
  • Located near the Los Angeles County and Orange County border opens up an endless possibility of fun recreational activities without the hassle of a tourist community.
BACKGROUND PROFILE:
  • Bachelor’s Degree and/or Masters Degree in Accounting or Finance
  • 12+ years of combined Public Accounting and Private Industry Accounting experience
  • Strong knowledge of US GAAP, internal controls, and financial reporting
  • 5+ years experience in a position of management; with a demonstrated ability to form, lead, and develop high-performing teams in the areas of: General Accounting, Accounts Payable, and Payroll).
  • Experience in Government Accounting (D/FAR, CAS, and ITAR Compliance).
  • Experienced in Deltek Costpoint and Unanet Time Management Systems
  • Experience in analyzing business performance and developing financial plans within a manufacturing environment
  • Experience managing outside firms (i.e. banks, tax/audit firms, etc.)
  • Ability to work collaboratively across departmental functions.
  • Excellent communication and leadership skills
  • U.S. Citizen, U.S. Permanent Residency, and/or U.S. Persons, required
The Patriot Group, Inc. (TPGI)
A California Certified Disabled Veteran Business Enterprise (CA DVBE)
www.thepatriotsgrp.com 
info@thepatriotsgrp.com 
or
this job portal is powered by CATS