Lead, Accounting

 Posted an hour ago
     
 $87500 - $186K per year
  
10+ years experience
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AI Summary

Responsible for program accounting functions including revenue recognition under ASC 606, inventory assessments, and profit rate monitoring. The role involves preparing financial schedules, managing accruals, and supporting internal and external audits.

Job Title: Lead, Accounting

Job ID: 36262

Job Location: Yorba Linda, CA; Melbourne, FL or Remote

Schedule: 9/80: Employees work 9 out of every 14 days – totaling 80 hours worked – and have every other Friday off

 

Job Description: 

This role has responsibility for various Program Accounting functions of the divisions within the Sector, which primarily include accounting for revenue recognition, inventory, and monitoring profit rate changes, among other responsibilities. The ideal candidate will have strong communication and analytical skills, combined with a strong technical accounting background.

 

Essential Functions: 

  • Completion of complex Contract Review Worksheets (CRWs) used to determine revenue recognition under ASC 606
  • Review contract setup in the ERP
  • Completion of quarterly inventory net realizable value (NRV) assessments for both contract and non-contract inventory
  • Preparation of the quarterly income statement flux report, explaining in detail the quarterly changes in various line items
  • Preparation of quarterly estimate-at-completion (EAC) profit change reporting
  • Calculation and preparation of supporting documentation for monthly accruals, including all program-related accruals such as warranty accruals and adjustments
  • Preparation of program-related monthly and quarterly Hyperion Financial Management (HFM) schedules
  • Proactively identify opportunities for process improvements
  • Preparation of ad-hoc reporting and assistance with special projects, as requested
  • Support audits (External Audit, Internal Audit, and SOX and Self Evaluation Testing)

 

Qualifications: 

  • Bachelor’s Degree and minimum 9 years of prior relevant experience. Graduate Degree and a minimum of 7 years of prior related experience. In lieu of a degree, minimum of 13 years of prior related experience.
  • CPA or progression towards CPA designation.

 

Preferred Additional Skills:

  • Certified Public Accountant (CPA)
  • Experience with Costpoint ERP
  • Experience with HFM
  • Experience with US GAAP and Sarbanes-Oxley requirements
  • Experience in the monthly, quarterly, and annual close in a fast-paced close process with multiple, often competing, deadlines
  • Experience with facilitating internal and external audits
  • Proficient in Microsoft Excel
  • Exceptional organizational skills, enabling monitoring of key due dates and activities
  • Flexible planner in terms of daily activities with ability to adapt to changing requirements and priorities
  • Excellent written and verbal communication skills
  • Strong customer service approach, self-directed, assertive, with a positive attitude
  • Ability to develop broad, cooperative relationships with numerous groups and individuals

 

In compliance with pay transparency requirements, the salary range for this role in California, Massachusetts, New Jersey, Washington, and the Greater D.C, Denver, or NYC areas is $105,500 - $186,500. The salary range for this role in Colorado state, Hawaii, Illinois, Maryland, Minnesota, New York state, Cleveland Ohio, and Vermont is $87,500 - $162,500. This is not a guarantee of compensation or salary, as final offer amount may vary based on factors including but not limited to experience and geographic location. L3Harris also offers a variety of benefits, including health and disability insurance, 401(k) match, flexible spending accounts, EAP, education assistance, parental leave, paid time off, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements.

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