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Divisional Accounting Manager
Department: Accounting/Finance
Location: On-Site – Longmont, CO
Travel: Up to 25%
FLSA: Salaried, Full-Time, Exempt
About Vitesse: How we communicate, capture, and share information has not changed significantly in our lifetime—it has changed significantly in the last decade, even in the last year. From a vacationer checking email as they fly across the world to a U.S. military service member sharing critical observations across the battlefield, the ability to capture and transfer data over different platforms is an important part both of our everyday lives and the security of our country. Whether on a geostationary satellite, a naval vessel, or a military jet, the mission-critical solutions that we design and manufacture at Vitesse make our country and our world safer.
Through extensive technical expertise, Vitesse Systems is optimizing the functionality of antenna and thermal management systems for the advancement of next-generation Radar, Electronic Warfare, and C4I (Command, Control, Communications, Computers, and Intelligence) systems.
Vitesse Systems prides itself on the solutions we provide to our customers, as well as the incredible team of dedicated people we employ.
SUMMARY: This role is responsible for the day-to-day execution of cost accounting operations, inventory valuation, and manufacturing financial reporting. This role ensures accurate product costing, monitors inventory transactions, analyzes manufacturing variances, and supports operational leadership with financial insights to improve profitability and cost control. Commitment to and support of the Company Core Values are key to success in this position.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
GL and Financial Reporting
- Own the month-end close process, including preparation and review of journal entries, account reconciliations, and accruals.
- Maintain the general ledger and chart of accounts within ERP systems across the C5ISR business unit, ensuring accuracy and proper classification of all transactions.
- Prepare and review monthly financial statements and supporting schedules for Controller review.
- Ensure close activities are completed on schedule; identify and resolve bottlenecks proactively.
- Maintain and improve close checklists, reconciliation templates, and supporting documentation.
Cost Accounting and Analysis
- Manage all cost accounting activities for manufacturing operations including review of variances.
- Analyze material, labor, and overhead variances and provide explanations to management.
- Monitor cost of goods sold (COGS) and product margins.
- Conduct product cost analysis and profitability reporting.
- Identify and support cost reduction initiatives and operational efficiency improvements.
Accounts Payable & Accounts Receivable Oversight
- Oversee AP and AR functions, ensuring accurate and timely processing of invoices, payments, and collections.
- Review and approve AP disbursements and vendor payment runs.
- Monitor AR aging and support collections efforts; provide analysis of outstanding balances to leadership.
- Ensure proper three-way matching, purchase order compliance, and expense coding across AP transactions.
- Identify and implement process improvements in AP/AR workflows to improve efficiency and controls.
Financial Reporting and Analysis
- Prepare monthly manufacturing cost reports and variance analysis.
- Manage inventory valuation reporting and reconciliation.
- Support month-end and year-end close activities related to inventory and cost accounting.
- Assist with internal and external audits related to cost and inventory controls.
- Develop management reports and dashboards for operational performance.
ERP System Management
- Utilize ERP systems across the business unit for cost tracking, inventory management, and financial reporting.
- Ensure accurate integration between manufacturing, inventory, and financial modules.
- Develop and maintain Epicor financial and cost reports for leadership.
Program / Percentage-of-Completion (POC) Accounting
- Own percentage-of-completion (POC) accounting for applicable long-term contracts and programs, ensuring revenue and cost recognition is accurate, supportable, and consistent with company accounting policies and applicable U.S. GAAP.
- Review contract terms, performance obligations, funding, modifications, and other relevant program data to support appropriate revenue recognition and accounting treatment.
- Partner with Program Management, Operations, Supply Chain, and Finance to develop, review, and maintain estimates at completion (EAC), estimates to complete (ETC), and program cost forecasts.
- Analyze actual costs, committed costs, labor performance, material usage, and remaining program requirements to assess forecast accuracy and identify changes in estimated profitability.
- Prepare and review monthly POC calculations, revenue recognition schedules, gross margin analyses, and related journal entries and account reconciliations.
- Monitor contract assets, contract liabilities, unbilled receivables, deferred revenue, and other POC-related balance sheet accounts; investigate and resolve reconciling items.
- Identify and communicate changes in program margin, loss positions, cost overruns, schedule impacts, and other financial risks to the Controller and business leadership on a timely basis.
- Maintain detailed documentation supporting POC calculations, EAC changes, management judgments, and revenue recognition conclusions for month-end close and audit readiness.
- Support internal and external audit requests related to contract accounting, revenue recognition, EAC assumptions, and POC calculations.
- Develop and strengthen controls, reporting, and ERP processes supporting program accounting, contract profitability, and POC revenue recognition.
Budgeting & Forecasting
- Support the annual budgeting and forecasting process, with primary ownership of manufacturing costs, inventory, and COGS projections.
- Provide variance analysis comparing actual results to budget and forecast.
- Partner with operations, supply chain, and program management teams to develop accurate cost assumptions for new programs and products.
Team Leadership & Development
Directly manage a team of accounting staff.
Set clear performance expectations, provide ongoing feedback and coaching, and conduct formal performance reviews.
Delegate effectively to develop team members' skills and ensure workload is distributed appropriately.
Foster a culture of accuracy, accountability, and continuous improvement within the accounting team.
Provide training and guidance to site leadership and cross-functional teams on accounting policies and procedures.
SUPERVISORY RESPONSIBILITIES: This role will manage a team of accounting staff and oversee month-end, year-end, audit readiness, and integrity of financial statements.
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation(s) may be made to enable individuals with disabilities to perform the essential functions. Successful accomplishment of duties and responsibilities may require the following:
- Excellent attention to detail
- Experience operating and servicing all plant maintenance equipment.
- Capable of reading blueprints, specifications, and repair manuals.
- Considerable knowledge of the tools, equipment, materials, methods, and standard practices of the trade.
- Excellent communication skills, both written and oral
- Must be adaptable to a changing work environment and competing demands.
EDUCATION and/or EXPERIENCE:
- Bachelor’s degree in Accounting, Finance, or related field
- Minimum 5 years of cost accounting experience in a manufacturing environment.
- Epicor ERP experience required.
- Advanced competency in Excel required.
- Experience managing inventory accounting and inventory account controls required.
LANGUAGE SKILLS: Ability to speak and understand basic safety and manufacturing instructions.
MATHEMATICAL SKILLS: Ability to add and subtract two-digit numbers. Ability to multiply and divide with 10’s and 100’s.
REASONING ABILITY: Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.
CERTIFICATES, LICENSES, REGISTRATIONS: Authorization to work in the United States. To conform to U.S. export control regulations, you should be eligible for any required authorizations from the U.S. Government.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodation(s) may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the Team Member is regularly required to stand, walk, and hear. The Team Member frequently is required to use hands and fingers; handle, feel, and reach with hands and arms. The Team Member is occasionally required to sit; climb or balance; stoop, kneel, crouch, or crawl; and smell. The Team Member must frequently lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT: The work environments characteristics described here are representative of those a Team Member encounters while performing the essential functions of this job. Reasonable accommodation(s) may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this position, the Team Member is regularly exposed to moving mechanical parts. The Team Member may be exposed to a hot and/or cold work environment, chemicals, fumes or airborne particles, loud noises, risk of electrical shock and vibration and/or other occupational hazards; personal protective equipment may be required.
NOTE: This job description identifies the general nature and scope of work to be performed. Vitesse Systems, LLC. reserves the right to revise all or any part of this job description and to add or eliminate essential job functions at any time. Designation of any job duty as an essential function is not intended as an assurance or guarantee that a team member has any right to perform the particular job duty, except as required by Vitesse Systems, LLC. This job description is subject to change based on the needs of the position and/or the Company.
Vitesse Systems, LLC performs work controlled by the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR). These statutes require the protection of technical data and products. The regulations require that such data not be disclosed in written, oral, or visual form to any foreign national without prior export authorization from the Department of State. A foreign national is defined by the U.S. Government under EAR 734.2(b)(2)(ii) and 8 USC 110 (a)(20) as one who:
- Is not a United States citizen
- Is not lawfully admitted for permanent residence in the U.S.
- Does not have politically protected status (embassy, refugee, or asylum)
- Has dual U.S. / foreign citizenship
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