Senior Accountant

Company: FLIR Systems, Inc.
Location: Thousand Oaks
Posted on: May 26, 2023

Job Description:

Be visionaryTeledyne Technologies Incorporated provides enabling technologies for industrial growth markets that require advanced technology and high reliability. These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research.---We are looking for individuals who thrive on making an impact and want the excitement of being on a team that wins.Job DescriptionTeledyne Scientific Company, the central Research Lab of Teledyne Technologies, is a cutting edge R&D organization with more than 50 years of legacy of new technology development and transition. The company has world class laboratories and facilities, and a highly dynamic, multi-disciplinary work environment. -Teledyne Imaging Sensors is an integral member of the Digital Imaging Segment of Teledyne Technologies. Imaging Sensors provides advanced imaging solutions for a variety of customers, including the DoD, NASA, prime system integrators, and commercial customers. In the civilian space arena, Teledyne sensors are the most advanced sensors on board the Hubble space telescope, and they are also found on board the majority of NASA space probes and ground based telescopes. In the DoD arena, Teledyne sensors are integrated into several major systems for persistent surveillance, chemical detection, and target identification, among others.The Senior Accountant will play a key role in the revenue recognition, internal control processes, compliance with internal and external regulations and management reporting for Teledyne Scientific & Imaging.Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Prepares and enters journal entries
• Records and verifies cost of goods sold percentages, percentage of cost completion and cost type fee rates in support of month end close procedures. This requires coordination of EAC submission with Program Control group. -
• Reviews ASC 606 checklist and works with the Contracts department to resolve any issues delaying revenue recognition determination. Works with Teledyne Corporate to get guidance pertaining to unusual contract terms and conditions as necessary.
• Assists with review of monthly account reconciliations.
• Reviews and approves employees expense reports.
• Manages monthly reserve schedule, which includes inventory reserves, disallowance reserves, warranty reserves, environmental reserves, contract reserves, period costs reserves and bad debt reserves.
• Coordinates and reviews quarterly variance explanations for income statement and balance sheet.
• Supports activities in the preparation of annual surveys from corporate offices.
• Supports preparation and submission of quarterly and annual audit and tax packs.
• Interacts with internal and external auditors in support of SOX, Government Compliance, and other audits.
• Assists, as required, in special projects to improve overall efficiency, eliminating process waste and improving company profitability.
• Prepares annual incurred cost proposal.Qualifications & Competences
  • Strong knowledge of ASC 606 revenue recognition
  • Understanding of GAAP and corporate guidelines as they apply to Accounting transactions
  • Strong understanding of financial statements and reports
  • Familiar with FAR and CAS regulations -
  • Helps maintain SOX narratives and CAS Disclosure StatementEducation and/or Experience
    • Bachelor in Accounting, Business Administration, Economics or related field with at least ten (10) years of accounting experience with increasing responsibility over time
    • Experience with Government Accounting
    • Experience using Deltek CostPoint, TM1, and OneStream a plusCitizenship RequirementsDue to the type of work at the facility and certain access restrictions, successful applicants must be a U.S. Citizen.What can Teledyne offer YOU?A Competitive Salary & Benefits PackageExcellent Health, Dental, Vision, and Life Insurance as of your First DayPaid Vacation and Sick TimePaid Holidays401(k) Eligibility with Company MatchEmployee Stock Purchase PlanEducational Tuition ReimbursementEmployee Fun Events throughout the year -Salary Range: $93,500.00 - $156,200.00Teledyne and all of our employees are committed to conducting business with the highest ethical standards. We require all employees to comply with all applicable laws, regulations, rules and regulatory orders. Our reputation for honesty, integrity and high ethics is as important to us as our reputation for making innovative sensing solutions.Teledyne is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other characteristic or non-merit based factor made unlawful by federal, state, or local laws. ---

Keywords: FLIR Systems, Inc., Thousand Oaks , Senior Accountant, Accounting, Auditing , Thousand Oaks, California