Teledyne Technologies

Senior Accountant

US-CA-Camarillo
Requisition ID
2017-5057
Company Name : Name
Teledyne Scientific & Imaging
Shift
1st Shift - Day
Citizenship/Visa Requirement
US Citizen Only
Internal Code (for CareerBuilder)
#CB#

Company Overview

Teledyne is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, gender, sexual orientation, gender identity, gender expression, transgender, pregnancy, marital status, national origin, ancestry, citizenship status, age, disability, protected Veteran Status, genetics or any other characteristic protected by applicable federal, state, or local law.    

 

If you need assistance or an accommodation while seeking employment, please email  teledynerecruitment@teledyne.com or call (805)373-4545.  Determinations on requests for reasonable accommodation will be made on a case-by-case basis.  Please note that only those inquiries concerning a request for reasonable accommodation will receive a response.  

Position Summary and Responsibilities

Position Summary:

The Senior Accountant will play a key role in the cost accounting, fixed assets, accounts receivable, revenue recognition, internal control processes and management reporting for Teledyne Scientific & Imaging.

 

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Key member of the Accounting team contributing to a timely and accurate month end close process. Prepares journal entries and other analytical data in support of month end close.
  • Leads review of capital expenditure tracking to plan and forecast.       Reports accurate results in a timely manner to VP of Finance and Controller.
  • Prepares and analyzes monthly forecasts for capital expenditures.   Interacts with project managers and purchasing in developing the forecast.       Obtains data from Cost Point for open commitments and analyzes timing and impacts on the forecast.       Determines projected carryover balances and timing of capitalization. Reports on items capitalized and status of asset tagging on a monthly basis to the Controller and VP Finance.
  • Reviews monthly CIP balances and determines timing for capitalization.   Ensures correct organizations are set up for depreciation expense.       Properly tags assets within 2 weeks of capitalization date.
  • Leads review of unbilled balances and work with the business unit and the Contracts department to resolve issues. Prepares unbilled reports by project, analyzing balances due to open and closed projects, contract type and identifying unbilled balances for contracts not yet final billed. Determines adjustments need to clear unbilled balances, such as revenue adjustments or billing or other contractual adjustments.
  • Preparation and analysis of monthly backlog report. Responsible for ensuring backlog is cleared monthly for closed projects as appropriate. Sorts backlog by open or closed projects and project types and reports results to the Controller and VP of Finance monthly. Analyzes backlog remaining for cost type project not yet final billed.
  • Develops a tool to calculate weekly cash flow forecasts, including projection for cash collections, accounts payable disbursements and intercompany transactions.
  • General Ledger Account Assignments: Responsible to ensuring assigned GL accounts are properly reconciled by TBE. (Fixed Assets, Trade Payables Accrual, Unbilled Receivable, Rent Obligation and other accounts as assigned)       Obtains a thorough understanding of the supporting documentation and includes additional support as appropriate in the monthly account reconciliation review. Monitors activity in assigned GL accounts weekly and monthly. Prepares journal entries for the assigned accounts as appropriate.       If TBE prepares the journal entries for the assigned accounts, the Senior Accountant will understand the entries in depth. Reports to the Controller on the account status monthly.
  • Prepares and analyzes quarterly warranty reserve schedules for TOOS and NOVA product sales. Ensures analysis is in compliance with company policy and prepares the journal entries relating to these schedules.
  • Supports the revenue recognition process in training as backup to preparation of revenue memos. Supports the upcoming transition to new revenue standards.
  • Prepares IT and Legal reports and loads into Infor for TS&I after review by the Controller. Desk instructions are to be provided to the controller this activity.
  • Reviews weekly cafeteria cash reconciliations, reporting results to the Controller.
  • Proactively reports to controller any inconsistencies, such as voids and out of balance positions
  • Leads activities in the preparation of annual surveys from corporate offices as assigned.

  • Provides accurate and properly analyzed schedules in support of quarterly and annual audit and tax packs as assigned.

  • Provides variance explanations on month end results

  • Assist Controller in other ad-hoc assignments as needed.

  • Assists, as required, in special projects to improve overall efficiency, eliminating process waste and improving company profitability

  • Frequently works with Enterprise Resource Planning (ERP) system for tracking and reporting of data

Qualifications

Qualifications & Competencies

                                                 

To perform the job successfully, an individual should demonstrate the following qualifications and competencies:

 

  • Understanding of compliance with revenue recognition methodology per GAAP and corporate guidelines
  • Understanding of the relationship of indirect cost pools, direct costs and capital purchases
  • Strong ability to develop a communication network to accomplish complex assignments
  • Strong verbal and written communication skills
  • Possesses initiative and organization skills
  • Ability to work independently with minimal supervision
  • Self-starter who finds solutions to problems
  • Ability to produce quality results in tight timeframes
  • Capability to manage multiple projects with high priorities while still meeting deadlines.
  • Ability to work in a team environment and participate in group meetings
  • Advanced computer proficiency using Microsoft Office Suite (Word, Excel & PowerPoint)
  • Skills using advanced formulas and pivot tables in Microsoft Excel
  • Displays exemplary ethics and business conduct and performs work cognizant of safe work practices

 

 

Education and/or Experience

                                                 

  • Bachelor’s in Accounting, Business Administration, Economics or related field with at least ten (10) years of accounting experience with increasing responsibility over time
  • Experience using Deltek CostPoint a plus
  • Experience with Government Accounting a plus

Requisition Post Information* : Posted Date

9/11/2017

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