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Itt Cannon .

Junior Cost Accountant

Itt Cannon . - Irvine, CA

Job Description


Support, perform assessment and cost analytics necessary to determine Site Margin/Profitably & Revenue Recognition.

Contribute to development of sustainable process that ensures data integrity within the finance department and other functional group within the organization.

Coordinate cost accounting activities and special projects to meet deadlines and improve processes as needed.

Business partnering with functional group to achieve common business objectives.


Supports the development of labor and overhead rates, inventory costing and performance of Annual Standard Cost Roll including analytics on year over year profitability, yoy material cost and yoy fixed and variable spending analysis.

Perform monthly Product Line reporting in a timely manner with accuracy and implement reporting efficiency.

Perform Excess and Obsolete reserve analytics and partner with functional group to minimize EO impact.

Oversee, plan and report results on cycle count, ensure adequate cycle count coverage during the year and partner with inventory team to improve cycle count accuracy.

Support all reporting requirements within finance department.

Partner and support functional group for ongoing projects, upcoming projects and business opportunities.

Perform Government Contract costing including CAS/FAR/SF1411 submissions and analytics on actual versus submitted costing.

Ensure timely month-end closing and reporting.

Review and analyze daily booking and sales margin for anomaly or low margin orders.

Review and update SOX controls as needed.

Perform user acceptance testing for migration to production environment.

Support revenue accounting including issue credit memorandum for returns, process rebates and allowances to customers.

Coordinate and liase with Shared Service Center, Customer Service and Sales team to resolve issues surrounding unpaid invoices by customer.

Skills and Experience


(Education, Experience, Computer, Knowledge, Skills, and Abilities)

Bachelor Degree in Accounting/or Finance/or Business Management/ or related field.

2 years SAP experience or similar ERP system.

3 years cost accounting experience in manufacturing environment at Senior level or higher.

2 years government costing experience including SF1411 submission.

Strong proficiency in Excel, Access, sql query and other reporting tools.

Ability to organize workload and manage multiple projects in a dynamic and fast pace environment.

Full understanding of multiple system interface and flow of transactions.

Ability to interact and communicate with various level of the organizations.

Excellent in problem solving and analytics skills.

Able to work independently with minimal supervision.

Excellent in both oral and written communication.

Minimum Education Requirements

BS/BA Degree or Equivalent

Percent of Travel Required

Less than 25%

Paid Relocation Available?


EEO Statement:

“ITT Inc. is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran or disability status, or any other characteristic protected by law.”

14 days 16 hours ago

Itt Cannon .


Junior Cost Accountant Itt Cannon . - Irvine, CA, United States


Location: Irvine, CA

Company Profile:
ITT Interconnect Solutions is an international manufacturer and supplier of connectors including circular, rectangular, fiber optic, RF, power and high voltage, audio, PCMCIA, Compact Flash Card, enclosures, cable assemblies, and application specific custom solutions. The Interconnect Solutions portfolio includes the brands Cannon, VEAM, and BIW Connector Systems. Its products include: Connectors and interconnects for the military, aerospace, industrial, oil & gas, medical and transportation markets. ITT Interconnect Solutions is part of ITT Corporation, a diversified leading manufacturer of highly engineered critical components and customized technology solutions.