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Cost Accounting Manager

Requisition ID:  61573
Business Unit:  Airframe Systems Kentucky (3015)

Danville, KY, United States, 40422

Innovation is at the heart of everything we do at Meggitt, a worldwide leader in aerospace, defense and selected energy markets. We believe in our vision of ‘Enabling the Extraordinary: To Fly, To Power, To Live”. These core values – teamwork, integrity and excellence – are what have allowed us to become the company we are today. With facilities and over 9,000 employees worldwide, Meggitt draws on over 160 years of expertise to enhance the lives of people across the globe.

Our Airframe Systems division brings together an extensive range of skills and abilities to support some of the world’s leading commercial, business and military aircraft manufacturers.

Across its five product groups, Airframe Systems produces a host of world leading technology. Our Braking Systems product group supplies both military and commercial aircrafts.

We seal essential spaces, such as landing gear, wings, engines, nacelles, windows and doors, and produce intelligent air data systems and sensors that measure altitude, angle or acceleration. These sensors can be used on planes, train control systems or even missile control systems.

Whether it’s developing new radome solutions, fuel delivery systems or high-altitude life support systems, Airframe Systems embodies the innovation at the heart of Meggitt.

Job Designation

 The Cost Accounting Manager leads the cost accounting function; supports the business financial reporting focusing on Company standard cost and inventory valuation across multiple sites.  Partners with other management in implementing the company’s policies and full cost transparency. Ensures financial business processes are in compliance with Generally Accepted Accounting Principles (GAAP) and/or International Financial Reporting Standards (IFRS).

Job Core Responsibilities

• Partners with other management to ensure the maximization of the company’s financial performance
• Develops and implements the strategic plan and manages the financial reporting, budgets and internal processes
• Establish and maintain accurate material, labor and overhead standard costs.
• Leads the Cost Accounting section as defined by business needs, multiple locations
• Manages staff selection, performance, development and training processes to ensure team competencies and capabilities to reach the business goals and expectations
• Advises management in interpreting and utilizing managerial accounting information
• Directs the preparation of the budget, financial forecasts with accuracy and report variances
• Develops business processes and accounting policies to maintain and strengthen internal controls
• Support the annual physical inventories at various plant locations and their reconciliations
• Establish cost controlling process to ensure full cost transparency and tracking against financial targets.
• Take decisions and proactive actions to deliver and maximize financial results on Balance sheet, Profit & Loss and Free Cash Flow elements.
• Manage internal and external audits, make sure audit actions are solved on time and bring improvement on site processes in general
• Consistent exercise of independent judgment and discretion in matters of significance
• Regular, consistent and punctual attendance is required. May need to work nights and weekends, variable schedule(s) and additional hours as necessary
• Other responsibilities as assigned
• Travel as required.

Job Specifications

Education: Bachelor Degree in Accounting

Years Experience: 5-10 years of Finance experience in a manufacturing environment; Multinational experience a plus.


• Knowledge of SAP – Finance and Controlling modules
• Strong Excel skills
• Excellent people management skills and experience.
• Extensive knowledge of cost accounting practices, acquired through related work experience in increasingly complex roles.
• Capable of driving change transformation and strategy execution to achieve specific business results.
• Excellent written and oral communication skills with the ability to negotiate and influence, while exercising sensitivity to the audience.
• Ability to anticipate internal or external business challenges/regulatory issues and make recommendations.
• Capable in directing the resolution of complex or unusual business problems, while applying advanced analytical thought and judgment.


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

If this position is located in the United States, this job will require use of information which is subject to the International Traffic in Arms Regulations (ITAR). As such, 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.

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