POSITION OVERVIEW:

To provide cost management and financial accounting support to the Director of Finance for the Aerospace Divisions of IMP Group Limited.

• Preparation of the monthly/quarterly and year-end statements in a time effective and accurate manner.
• Preparation of monthly working papers on selected balance sheet accounts.
• Analysis of overhead costs on a monthly basis and preparation of month end accruals as required.
• Preparation and entry of journal entries.
• Development of Ad Hoc Management reports and support of the informational requirements of Divisional Management.
• Assist with coordination and implementation of the annual Operating Budgets.
• Identification of cost reduction opportunities.
• Analysis and reporting on all elements of Cost Management and financial performance, including preparation of monthly sales and gross profit reports by contract.
• Review of job level costs and sales, including percentage of completion revenue recognition.
• Monthly calculation of actual overhead rates and application of overhead to jobs.
• Recommendations to divisional management for improvement of contract performance.
• Identification of areas for which continuous improvement can be made to the operating efficiency of the Cost Accounting system.
• Recommendations for internal control changes to improve controls or efficiency of processes.
• Identification of cost reduction opportunities.
• Perform duties as Director of Finance in Director’s absence.