Accounting Manager
Marotta Controls - parsippany, NJ
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Position: Accounting Manager Location: Parsippany, NJ Job Id: R-ES # of Openings: 1 Come grow with Marotta! One of NJ's fastest growing technology companies, named a New Jersey Top Workplace for 2022 & 2023 and a "Made in New Jersey" Manufacturer of the Year Award Winner. You will have room to grow and be a part of an exciting team, all within a warm and welcoming environment. Marotta Controls, Inc. specializes in the design, development, and production of precision control components and systems. Founded in 1943, Marotta has been at the forefront of Aerospace & Defense milestones for over 80 years from breaking the sound barrier on the Bell X-1 and landing the first man on the moon to playing a critical role on today's advanced U.S Navy platforms as well as the emerging commercial Space industry. Our products and expertise range from high performance valves to complete sub-systems that integrate electronic controls, actuators, and power conversion systems. We have received over 200 patents for our technologies and support the most demanding applications found on military aircraft, tactical systems, submarines, surface ships, satellites and space launch vehicles. Our teams have repeatedly been recognized for outstanding performance by some of the most prestigious organizations in the world including The Boeing Company, Lockheed Martin, NASA & Northrop Grumman. Accounting Manager Assure all accounting transactions are accurately processed in accordance with GAAP on a timely basis. Review the weekly sales, inventory and purchasing activity to ensure accuracy. Review and resolve incorrect inventory transactions, aging work orders and program costing discrepancies. Responsible for the month-end close process for cost accounting, inventory control and various other reconciliations as assigned Lead the external audit review as it pertains to physical inventory counts, price testing of inventory costs and program revenue calculation Provide support for the preparation of the annual operating budget. Provide ongoing monitoring of inventory levels and accuracy of slow-moving and obsolete inventory reserves. Establish and execute an efficient and accurate process for reporting of program revenue (percentage completion basis) and cost with adequate internal controls Partner with Program Finance to ensure accurate calculation and reporting of program gross margin based on updated EAC Calculations Summarizing and evaluating data to determine costs of raw material purchases, inventory, and labor. Collaborate with Finance staff, Business Unit leaders, and cross-functional process owners to ensure Contracts, Projects, Purchase Orders, Labor Reporting, Work Orders, Inventory records, Sales Orders, Invoices, and other ERP systems accurately transact, record and report, costs, and revenue recognition. Perform Time Reporting compliance audits as required. Perform account reconciliations at the frequency assigned by Controller - i.e., monthly, quarterly, annually Provide accounting and financial support to management as needed. Positive contributor to the team by supporting and executing projects as needed, to include supporting all audit requirements. Experience: Bachelor's degree in accounting required. Minimum 10 years Accounting experience with at least 3 years' experience in a manufacturing environment Previous experience with inventory accounting transactions Work authorization: US Citizen (Required) Work Location: Parsippany, NJ Many of our contracts require proof that you are a U.S. citizen and/or that an export license has been obtained for employees who are citizens of certain countries. Your employment, both initially and continually thereafter, is conditioned on production of such proof of citizenship and/or any export license that may be required to comply with any and all applicable laws, regulations, or executive orders, or required by Federal, State, or local government contracts. We offer a highly competitive compensation package for this outstanding position plus a quarterly bonus along with a full range of top quality benefits and employee services including: medical, prescription, dental, vision, life and disability income insurance programs, 401k retirement plans with company match, generous tuition aid program, paid vacation, sick and personal days, paid holidays and flexible work hours with compressed work week options. We recognize and reward our employee's accomplishments and host several employee engagement events per quarter. If you are looking to grow or accelerate your career and be part of a best in class organization while enjoying a work-life balance, please visit our to learn more about us and to apply. Check out all of our openings at are an Affirmative Action and Equal Opportunity employer M/F/IWD/Veterans VETERANS ARE ENCOURAGED TO APPLY No agencies, please. Apply for this Position
Created: 2024-10-30