Job Description
El Segundo, California; Los Angeles, California
Job ID JR2026XXXXXX Category Finance Role Type Onsite Post Date Apr. 28, 2026
Job Description
At Boeing, we innovate and collaborate to make the world a better place. We’re committed to fostering an environment for every teammate that’s welcoming, respectful and inclusive, with great opportunity for professional growth. Find your future with us.
Millennium Space Systems, a part of Boeing Defense, Space and Security (BDS), is a fast, agile small satellite company focused on national security space. Our missions have direct impact to global security, like missile warning and Earth observation.
Our team is curious, bold and innovative. We take risks, innovate and explore new techniques and technologies. We influence change because we challenge the status quo. And when we watch our satellites launch, we know each one of us made it happen.
We are seeking a motivated and detail-oriented Material Cost Accountant. Responsibilities include leading inventory & material accounting processes, as well as reporting of company-owned materials and inventory. This role ensures accurate tracking, valuation, and reconciliation of raw materials, parts, and supplies used for production, research, and strategic purposes. The position requires strong analytical skills, attention to detail, and knowledge of Generally Accepted Accounting Principles (GAAP), Cost Accounting Standards (CAS), and inventory management practices. This is an onsite role in El Segundo, California.
This position's internal job is Accountant. Our team is currently hiring for level 4.
Position Responsibilities:
Accounting for purchases, receipts, transfers, and consumption of materials and company-owned inventor
y
Performs month-end close procedures to ensure inventory balances are calculated correctly. Reviews and posts journal entries for inventory movements into the General Ledg
e
Ensures company costing methods (FIFO, LIFO, weighted average) are accurately applied to arrive inventory valu
e
Calculates reserves for E&O (excess & obsolete) and slow-moving inventor
y
Performs inventory & material analyses required by GAAP, CAS, FAR, or other authoritative and regulatory bodies, such as Lower of Cost or Market Analysis, Purchase Price Variance, Scrap, inventory reserves, etc. Performs monthly reconciliations between inventory subledger and general ledger. Investigates discrepancies from cycle counts, scrapping, or lost inventory. Manage company-owned inventory accounts, cost of goods sold (COGS) accounts, and other inventory related balance sheet account
s
Analyzes manufacturing variances (PPV, labor, overhead absorption, scrap) and recommend corrective action
s
Develops and maintain standard costing methodologie
s
Ensures compliance with Boeing accounting policies and internal control
s
Partners with corporate audit team to resolve control deficiencies and support compliance efforts. Maintain and enforce corporate financial policies and procedure
s
Supports government audit
s
Collaborate with cross-functional teams to improve data accuracy and streamline inventory and material processe
s
Coordinate with cross-functional teams for consistent KPI tracking and reportin
g
Lead financial discussions in operations reviews and deliver actionable insight
s
Participates in special projects focused on process improvement, system automation, and policy developmen
t
Basic Qualifications (Required Skills/Experience):
Bachelor’s degree in Finance, Accounting, or related field (CMA, CPA, or MBA preferred
)
Minimum of 10+ years of material and inventory accounting experience in a manufacturing environment or simila
r
Strong knowledge of material accounting, inventory accounting, cost accounting, and financial reportin
g
Deltek Costpoint or similar ERP system
s
Proven ability to partner cross-functionally and influence operational outcome
s
Ability to analyze data, identify problems, and develop effective solution
s
This position requires the ability to obtain a U.S. Security Clearance for which the U.S. Government requires U.S. Citizenship. An interim and/or final U.S. Security Clearance Post-Start is require
d
Preferred Qualifications (Desired Skills/Experience):
Experience in aerospace and defense or other government contractors desire
d
Extensive experience with Costpoint, including a deep understanding of advanced functionalities and best practices in the Accounting and Materials domains
Conflict of Interest:
Successful candidates for this job must satisfy the Company’s Conflict of Interest (COI) assessment process.
Drug Free Workplace:
Millennium Space Systems, a Boeing Company, is a Drug Free Workplace (DFW) where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and ******* when criteria is met as outlined in our policies.
Total Rewards:
At Millennium Space Systems, a Boeing Company, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent. Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.
Millennium Space Systems also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and a number of programs that provide for both paid and unpaid time away from work.
The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.
Pay is based upon candidate experience and qualifications, as well as market and business considerations.
Summary pay range:
Level 4: $102,000 - $150,00
0
Millennium is DDTC-registered, ITAR-compliant Company. This position is located at a facility that requires special access. Applicants MUST be U.S. citizens and eligible for a security clearance. Additionally, applicants must be willing to apply for and maintain a security clearance. We encourage all interested candidates to apply for any open position for which they feel they are qualified.
Applications for this position will be accepted until May. 29, 2026
Export Control Requirements:
This position must meet U.S. export control compliance requirements. To meet U.S. export control compliance requirements, a “U.S. Person” as defined by 22 C.F.R. §120.62 is required. “U.S. Person” includes U.S. Citizen, U.S. National, lawful permanent resident, refugee, or asylee.
Export Control Details:
US based job, US Person required
Relocation
Relocation assistance is not a negotiable benefit for this position.
Security Clearance
This position requires the ability to obtain a U.S. Security Clearance for which the U.S. Government requires U.S. Citizenship. An interim and/or final U.S. Secret Clearance Post-Start is required.
Visa Sponsorship
Employer will not sponsor applicants for employment visa status.
Shift
This position is for 1st shift
Equal Opportunity Employer:
Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, ****** orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.
Your Benefits
No matter where you are in life, our benefits help prepare you for the present and the future.
Generous company match to your 401(k).
Industry-leading tuition assistance program pays your institution directly.
Fertility, adoption, and surrogacy benefits.
Up to $10,000 gift match when you support your favorite nonprofit organizations.
These programs are subject to eligibility requirements and other conditions, which may differ for employees of certain subsidiaries or business units, or union-represented employees depending on bargaining agreement terms. If this information conflicts with the program documents, the latter shall control. This material is informational only.
Job ID JR2026XXXXXX Category Finance Role Type Onsite Post Date Apr. 28, 2026
Job Description
At Boeing, we innovate and collaborate to make the world a better place. We’re committed to fostering an environment for every teammate that’s welcoming, respectful and inclusive, with great opportunity for professional growth. Find your future with us.
Millennium Space Systems, a part of Boeing Defense, Space and Security (BDS), is a fast, agile small satellite company focused on national security space. Our missions have direct impact to global security, like missile warning and Earth observation.
Our team is curious, bold and innovative. We take risks, innovate and explore new techniques and technologies. We influence change because we challenge the status quo. And when we watch our satellites launch, we know each one of us made it happen.
We are seeking a motivated and detail-oriented Material Cost Accountant. Responsibilities include leading inventory & material accounting processes, as well as reporting of company-owned materials and inventory. This role ensures accurate tracking, valuation, and reconciliation of raw materials, parts, and supplies used for production, research, and strategic purposes. The position requires strong analytical skills, attention to detail, and knowledge of Generally Accepted Accounting Principles (GAAP), Cost Accounting Standards (CAS), and inventory management practices. This is an onsite role in El Segundo, California.
This position's internal job is Accountant. Our team is currently hiring for level 4.
Position Responsibilities:
Accounting for purchases, receipts, transfers, and consumption of materials and company-owned inventor
y
Performs month-end close procedures to ensure inventory balances are calculated correctly. Reviews and posts journal entries for inventory movements into the General Ledg
e
Ensures company costing methods (FIFO, LIFO, weighted average) are accurately applied to arrive inventory valu
e
Calculates reserves for E&O (excess & obsolete) and slow-moving inventor
y
Performs inventory & material analyses required by GAAP, CAS, FAR, or other authoritative and regulatory bodies, such as Lower of Cost or Market Analysis, Purchase Price Variance, Scrap, inventory reserves, etc. Performs monthly reconciliations between inventory subledger and general ledger. Investigates discrepancies from cycle counts, scrapping, or lost inventory. Manage company-owned inventory accounts, cost of goods sold (COGS) accounts, and other inventory related balance sheet account
s
Analyzes manufacturing variances (PPV, labor, overhead absorption, scrap) and recommend corrective action
s
Develops and maintain standard costing methodologie
s
Ensures compliance with Boeing accounting policies and internal control
s
Partners with corporate audit team to resolve control deficiencies and support compliance efforts. Maintain and enforce corporate financial policies and procedure
s
Supports government audit
s
Collaborate with cross-functional teams to improve data accuracy and streamline inventory and material processe
s
Coordinate with cross-functional teams for consistent KPI tracking and reportin
g
Lead financial discussions in operations reviews and deliver actionable insight
s
Participates in special projects focused on process improvement, system automation, and policy developmen
t
Basic Qualifications (Required Skills/Experience):
Bachelor’s degree in Finance, Accounting, or related field (CMA, CPA, or MBA preferred
)
Minimum of 10+ years of material and inventory accounting experience in a manufacturing environment or simila
r
Strong knowledge of material accounting, inventory accounting, cost accounting, and financial reportin
g
Deltek Costpoint or similar ERP system
s
Proven ability to partner cross-functionally and influence operational outcome
s
Ability to analyze data, identify problems, and develop effective solution
s
This position requires the ability to obtain a U.S. Security Clearance for which the U.S. Government requires U.S. Citizenship. An interim and/or final U.S. Security Clearance Post-Start is require
d
Preferred Qualifications (Desired Skills/Experience):
Experience in aerospace and defense or other government contractors desire
d
Extensive experience with Costpoint, including a deep understanding of advanced functionalities and best practices in the Accounting and Materials domains
Conflict of Interest:
Successful candidates for this job must satisfy the Company’s Conflict of Interest (COI) assessment process.
Drug Free Workplace:
Millennium Space Systems, a Boeing Company, is a Drug Free Workplace (DFW) where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and ******* when criteria is met as outlined in our policies.
Total Rewards:
At Millennium Space Systems, a Boeing Company, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent. Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.
Millennium Space Systems also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and a number of programs that provide for both paid and unpaid time away from work.
The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.
Pay is based upon candidate experience and qualifications, as well as market and business considerations.
Summary pay range:
Level 4: $102,000 - $150,00
0
Millennium is DDTC-registered, ITAR-compliant Company. This position is located at a facility that requires special access. Applicants MUST be U.S. citizens and eligible for a security clearance. Additionally, applicants must be willing to apply for and maintain a security clearance. We encourage all interested candidates to apply for any open position for which they feel they are qualified.
Applications for this position will be accepted until May. 29, 2026
Export Control Requirements:
This position must meet U.S. export control compliance requirements. To meet U.S. export control compliance requirements, a “U.S. Person” as defined by 22 C.F.R. §120.62 is required. “U.S. Person” includes U.S. Citizen, U.S. National, lawful permanent resident, refugee, or asylee.
Export Control Details:
US based job, US Person required
Relocation
Relocation assistance is not a negotiable benefit for this position.
Security Clearance
This position requires the ability to obtain a U.S. Security Clearance for which the U.S. Government requires U.S. Citizenship. An interim and/or final U.S. Secret Clearance Post-Start is required.
Visa Sponsorship
Employer will not sponsor applicants for employment visa status.
Shift
This position is for 1st shift
Equal Opportunity Employer:
Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, ****** orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.
Your Benefits
No matter where you are in life, our benefits help prepare you for the present and the future.
Generous company match to your 401(k).
Industry-leading tuition assistance program pays your institution directly.
Fertility, adoption, and surrogacy benefits.
Up to $10,000 gift match when you support your favorite nonprofit organizations.
These programs are subject to eligibility requirements and other conditions, which may differ for employees of certain subsidiaries or business units, or union-represented employees depending on bargaining agreement terms. If this information conflicts with the program documents, the latter shall control. This material is informational only.
💡 Quick Summary
Seeking a career-building opportunity? The Material Cost Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in El Segundo offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
