About the role
ABOUT ROCKET LAB
Rocket Lab is an end-to-end space company delivering responsive launch services, complete spacecraft design and manufacturing, payloads, satellite components, and more – all with the goal of opening access space. The rockets and satellites we build, and launch enable some of the most ambitious and vital space missions globally, supporting scientific exploration, Earth observation and missions to combat climate change, national security, and exciting new technology demonstrations.
Our Electron rocket has become the second most frequently launched U.S. rocket annually and has delivered more than 230 satellites to orbit, all while we work to develop Neutron, our upcoming medium-lift, reusable launch vehicle for larger constellation deployment. Our Space Systems business designs and builds our extensive line of satellites, payloads, and their components, including spacecraft that have been selected to support NASA missions to the Moon and Mars and components used on the James Webb Space Telescope.
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.
SENIOR COST AND PROJECT ACCOUNTANT
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 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 analy
Aplyr's read
Rocket Lab is a dynamic force in aerospace, attracting engineers and innovators passionate about revolutionizing small satellite launches with cost-effective solutions.
What's promising
- •Rocket Lab offers significant impact opportunities in the small satellite market.
- •The company is known for its cost-effective and reliable launch services.
- •It provides a platform for engineers to innovate in aerospace technology.
What to watch
- •The competitive aerospace industry poses constant innovation challenges.
- •Reliance on small satellite market growth may limit diversification.
- •High technical demands require specialized skills, potentially limiting applicant pool.
Why Rocket Lab
- •Rocket Lab's Electron rocket is tailored for small payloads, differentiating it from larger competitors.
- •The company has a proven track record with frequent successful launches.
- •Its focus on cost efficiency sets it apart in the aerospace sector.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Rocket Lab
Rocket Lab is a private aerospace manufacturer and small satellite launch service provider. They focus on providing cost-effective and reliable access to space for small payloads, significantly impacting the growing small satellite market.
