Senior Cost and Project Accountant I

Finance

Rocket Lab's Finance team is responsible for all financial transactions for the company, operating as a well-oiled machine to maximize the value of our work. Our Finance team are made up of planners, analysts and accountants, and manage our policies, compliance, and reporting. They're the ones who keep our financial operations in check, always thinking ahead and taking care to meet all of our financial, business, and government obligations. They're attentive, diligent, and meticulous, and are mission-critical to Rocket Lab.

About the role

Based at Rocket Lab's Solar Manufacturing facility in Albuquerque, New Mexico the Senior Cost Accountant will be responsible for contract revenue, cost of sales and inventory. This position requires the ability to maintain accurate revenue and cost of sales for significant Rocket Lab customer contracts.

The Senior Cost & Project Accountant I will report to the Program Accounting Manager and work closely with the accounting team and partner with various team members throughout the organization.

What You'll Get to Do

• Responsible for project revenue & cost recognition
• Update and reconcile customer contract backlog and customer contract asset & liability
• Track and reconcile inventory
• Support EAC cycle for project estimates and revenue recognition
• Review and interpret new contracts using the 5 step 606 accounting revenue standards
• Set up programs and charge codes in the accounting system
• Initiate process improvement projects
• Investigate and provide feedback on accounting irregularities
• Other duties as assigned
• Month End Activities:
• Book journal entries to recognize OT and PIT revenue and cost of sales
• Book journal entries and reconcile contract asset & liability
• Book journal entries to adjust and reconcile inventory as needed
• Document revenue and cost of sales processes - SOX control requirements
• Prepare monthly and quarterly reporting requests as needed
• Develop project cost processes as required

You'll Bring These Qualifications

• 5+ years of experience and a bachelor's degree, or equivalent years of work experience (HS Diploma and 9+ years of work experience)
• Strong cost accounting experience in a complex manufacturing environment
• Strong ERP systems knowledge and experience
• Proven experience in providing financial decision support

These Qualifications Would Be Nice to Have

• Excellent interpersonal, verbal, and written communication skills with the ability to explain project cost information to others
• Advanced Excel and analytical skills desirable

Additional information

This position may require prolonged periods of sitting, standing, walking, computer work, and occasional exposure to moderate levels of noise, dust, and fumes in production areas.

What to Expect

We're on a mission to unlock the potential of space to improve life on Earth, but that's not an easy task. It takes hard work, determination, relentless innovation, teamwork, grit, and an unwavering commitment to achieving what others often deem impossible. Our people out-think, out-work, and out-pace. We pride ourselves on having each other's backs, checking our egos at the door, and rolling up our sleeves on all tasks big and small. We thrive under pressure, work to tight deadlines, and our focus is always on how we can deliver, rather than dwelling on the challenges that stand in the way.

For Candidates Seeking to Work in US Offices Only

To conform to U.S. Government space technology export regulations, including the International Traffic in Arms Regulations (ITAR), Rocket Lab Employees must be a U.S. citizen, lawful U.S. permanent resident (i.e., current Green Card holder), or lawfully admitted into the U.S. as a refugee or granted asylum, or be eligible to obtain the required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce, as applicable. Learn more about ITAR here.

Only messages left for this purpose will be considered. A response to your request may take up to two business days.

For Candidates Seeking to Work in New Zealand Offices Only

For security reasons, background checks will be undertaken prior to any employment offers being made to an applicant. These checks will include nationality checks as it is a requirement of this position that you be eligible to access equipment and data regulated by the United States' International Traffic in Arms Regulations.

Under these Regulations, you may be ineligible for this role if you do not hold citizenship of Australia, Japan, New Zealand, Switzerland, the European Union, or a country that is part of NATO, or if you hold ineligible dual citizenship or nationality. For more information on these Regulations, click here ITAR Regulations.