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General Atomics Aeronautical Systems · 4 days ago

Senior Accountant - Contract Accounting

Poway, CA

Full-time, Contract

Onsite

Mid, Senior Level

$89K/yr - $156K/yr

6+ years exp

General Atomics Aeronautical Systems, Inc. (GA-ASI) is a world leader in proven, reliable remotely piloted aircraft and tactical reconnaissance radars. The Senior Accountant will be responsible for applying advanced accounting judgement to complex contractual arrangements and financial transactions, ensuring compliance with U.S. GAAP and supporting accurate financial reporting across various programs and product lines.

EnergyEnergy EfficiencyManufacturingWireless

Responsibilities

Lead the accounting analysis and application of ASC 606 revenue recognition, including identification of performance obligations, transfer of control assessments, measures of progress, contract modifications, and variable consideration

Prepare, review, and approve complex journal entries, including revenue recognition, contract assets and liabilities, warranty reserves, and other accruals requiring technical judgment

Maintain and reconcile general ledger accounts related to contracts, unbilled receivables, deferred revenue, and cost recognition, ensuring timely and accurate close

Develop and maintain contract accounting memos and supporting documentation to substantiate accounting conclusions for audit, internal controls, and management review

Analyze contract structures, funding mechanisms, and cost profiles to ensure proper accounting treatment and alignment with contractual terms

Partner cross-functionally with Program Management, Finance, Contracts, and Legal to interpret contract language and assess accounting implications

Support external and internal audits, including preparation of audit schedules, responses to inquiries, and walkthroughs of accounting processes and controls

Contribute to monthly, quarterly, and annual close activities, including variance analysis, trend analysis, and explanation of financial results to management

Identify opportunities to improve accounting processes, controls, and reporting, including enhancements to contract asset tracking, revenue schedules, and close efficiency

Provide guidance and informal mentorship to junior accountants on technical accounting matters and best practices

Evaluate accounting implications of new or non-standard contract terms, including trade offset / industrial cooperation agreements, co-development arrangements, cost-share structures, warranties, and customer-funded activities

Assist in the development or refinement of accounting policies, procedures, and internal controls related to contract accounting

Support pricing, forecasting, and long-range planning efforts by providing insight into revenue recognition timing, cost behavior, and financial risks

Contribute to the implementation or optimization of ERP and reporting tools supporting contract accounting and financial reporting

Qualification

ASC 606 revenue recognitionU.S. GAAPContract accountingFinancial reportingCost accounting standardsERP systemsWritten communicationVerbal communicationTeam collaborationProblem solving

Required

Typically requires a bachelor's or master's degree in accounting, finance or related discipline along with eight or more years of progressive experience in accounting with a bachelor's degree or six or more years of experience with a master's degree. Equivalent professional experience may be substituted in lieu of education

Exercises independent judgment in resolving complex accounting issues within established policy frameworks

Demonstrates strong written and verbal communication skills, including the ability to clearly explain accounting conclusions to non-accounting stakeholders

Operates with a high degree of accuracy, accountability, and professionalism in a regulated, audit-intensive environment

Demonstrated advanced understanding of accounting theories, concepts, and principles, with broad application experience and a strong working knowledge of U.S. GAAP

Demonstrated ability to lead workstreams, including organizing, prioritizing, and coordinating activities to meet project milestones and deadlines

Proven ability to identify issues, analyze and interpret complex data, and develop sound solutions

Proven ability to communicate effectively in writing and verbally, including documenting and presenting conclusions

Proven ability to influence and collaborate with stakeholders across levels, including management and external parties

Proven ability to contribute to the development or improvement of processes, systems, or controls

Proven ability to represent the company as a knowledgeable accounting resource on cross-functional initiatives

Proficiency with standard business and accounting systems and tools

Ability to work independently or collaboratively in a team environment; flexibility to support extended hours or travel as business needs require