Share this Job
Apply now »

Cost Accountant

Requisition ID:  63345
Business Unit:  Airframe Systems Akron Group (3005)

Akron, OH, United States, 44306

Meggitt is a global engineering group specializing in extreme environment products and smart sub-systems for aerospace, defense and energy markets. We employ over 12,000 people across manufacturing facilities in Asia, Europe, North America, with regional bases in India and the Middle East.

Job Designation

The Cost Accountant is responsible to support the Product Cost performance of the Braking Systems Product Group.  This is performed through setting inventory valuation by capturing the company's cost of production by assessing the input cost of each step of production as well as associated overhead cost, then setting realistic cost standards to measure inventory value and production performance. Production cost variance analysis and corrective action implementation is also a key responsibility of this job.

Job Core Responsibilities

• Establish and maintain accurate material, labor and overhead standard costs.
• Review, monitor and quantify cost saving initiatives.
• Review and investigate monthly variances from standard cost.
• Prepare monthly Balance Sheet account reconciliations to assure general ledger account accuracy.
• Prepare monthly journal entries.
• Partner with manufacturing engineering and industrial engineering on production routings and production bills of materials.
• Support the annual physical inventories at various plant locations.
• Reconcile physical and perpetual inventory counts to the general ledger.
• Support audit requirement for both internal and external auditors.
• Monitor material receipts and purchase orders for accurate recording.
• Perform other duties as requested or assigned.
• Willingness to expand the position into additional areas of accounting.

Job Specifications

Education: Bachelor Degree in Accounting
Years’ Experience: Minimum 3 years of accounting experience; manufacturing environment desirable
• Great attitude with focus on personal accountability, customer-focused mindset and continuous improvement approach to your work
• Strong attention to detail and high level of accuracy
• Strong analytical skills required
• Must be self-motivated with good written and communications skills
• Knowledge in SAP system a plus
• Skillful at MS Office, including strong Excel skills including V-lookup, pivot tables, and filtering functions
• Able to work in a fast-paced environment and meet deadlines as part of the closing schedule
• Willingness to work the hours necessary to get the job done, especially when important deadlines need to be met

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Meggitt is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at 1-855-474-7665 or

Apply now »