Accountant - Level 2 - Hybrid Telework

WHAT WE'RE DOING

Dedicated. Committed. State of the Art.

For more than 40 years, Derco, A Lockheed Martin Company, has provided logistics and technical support for fixed-wing and rotary aircraft. We are an industry leader, offering a suite of fleet management solutions, including spares distribution, logistics solutions, repair and overhaul services and technical solutions.

As a level 2 Accountant on the Derco Accounting Team you'll work to support the accounting needs of the Derco Aerospace, Inc. organization. Key responsibilities for this group include performing all day-to-day accounting to support operations of a wholly owned subsidiary, financial and tax reporting activities, and ensuring organizational compliance with internal controls requirements.

• Owner of all accounting activities related to Customer Rebates and Supplier Royalty payments including calculating and booking monthly accrual entry, processing payment request and ensuring all new agreements are document and accounted for.
• Validate and record travel expense reimbursed through Concur system.
• Prepare and book a variety of month end journal entries including reclassification of expenses, accruals related to intercompany payable/receivable confirmations, cash account balancing, etc.
• Support Accounts Payable activities including backing up entry of accounts payable invoices, compilation of purchase card support, follow up with suppliers on outstanding credits owed to Derco, review aged received not yet invoiced inventory receipts and follow up with the suppliers for invoices, prepare and analyze multiple reports on a monthly/quarterly basis and prepare support and submit request of the entry of new overhead suppliers.
• Perform monthly mitigating controls and prepare an executive summary of any findings for the Controller. Support annual internal control activities including preparation of walkthroughs of key processes, perform testing of key internal controls and test automated controls.
• Prepare account reconciliations for medium and low risk accounts. Analyze results of the reconciliation and follow up as needed.
• Prepare and analyze reporting for multiple areas including foreign tax packages, government reporting, real estate and personal property data requests, etc.
• Backup for all fixed asset accounting activities.
• Various projects and other accounting duties as assigned.

Founded in 1979, Derco is a world leader in providing aircraft spares, services, and solutions to customers around the globe. Through solid relationships with premier original equipment manufacturers (OEMs), Derco maintains one of the largest and most diversified aircraft spares inventories in the world. Today, Derco is a full-service logistics and solutions provider, supporting military and commercial fleets in more than 65 countries.

Derco is owned by Lockheed Martin Corporation (NYSE: LMT) of Bethesda, MD, a Fortune 100 company.

Learn More About Derco Here

You're a detail-focused, proactive accountant who enjoys turning data into insight, builds strong relationships with colleagues and suppliers, and quickly masters tools like Excel, Concur and IFS to streamline financial processes, ensure accurate reporting, and support essential control activities.

A level 2 employee is an early career professional and typically has 1+ years of related experience.

Derco offers a generous compensation package including competitive pay, health, dental, 401K with company match, 4x10 work week and continuing education incentives.

Learn more about Lockheed Martin's comprehensive benefits package

• Associate degree in Accounting or a related field from an accredited school.
• 1+ years of experience working in accounting.
• MS Office experience (Excel, Word, Outlook, and PowerPoint).
• Excellent verbal and written communication skills.
• Well-developed organizational skills.
• Strong attention to detail and accurate reporting.
• Robust analytical skills.
• Self-starter and shows initiative by seeking ways to improve processes and data analysis.
• Ability to build strong relationships with both internal and external customers.
• Quick Learner…