About the Role
The Cost Accounting Intern will gain hands-on experience in cost accounting within a manufacturing environment, with exposure to inventory accounting, standard costing, financial reporting, budgeting, and inventory control processes. This role supports ongoing business initiatives and special projects, ideal for a student pursuing a degree in Accounting or Finance interested in manufacturing operations and cost accounting.
Responsibilities
- Assist with inventory analysis, reconciliations, and supporting schedules.
- Support inventory control activities, including cycle count reviews and variance investigations.
- Assist in analyzing purchase price variances (PPV), work order variances, and manufacturing costs.
- Help prepare monthly account reconciliations and journal entry support schedules.
- Assist with maintaining standard costs and product cost information within the ERP system.
- Support work-in-process (WIP) inventory analysis and aging reviews.
- Help prepare manufacturing cost reports and management reporting schedules.
- Assist with budgeting, forecasting, and variance analysis activities.
- Support internal and external audit requests by gathering data and preparing documentation.
- Participate in special projects related to inventory management, cost accounting, process improvements, and ERP initiatives.
- Collaborate with Accounting, Operations, Supply Chain, Engineering, and Manufacturing personnel on various projects and assignments.
- Perform other duties as assigned.
Requirements
- Currently pursuing a Bachelor's degree in Accounting, Finance, or a related business field.
- Rising Junior, Senior, or graduate student preferred.
- Minimum GPA of 3.0 preferred.
- Prior internship, coursework, or project experience related to accounting, finance, manufacturing, or supply chain is a plus.
- Interest in pursuing a career in Cost Accounting, Manufacturing Finance, or Corporate Accounting.
Skills
- Basic understanding of accounting principles and financial statements.
- Strong analytical, organizational, and problem-solving skills.
- Proficiency in Microsoft Excel; experience with Word and PowerPoint preferred.
- Exposure to ERP systems such as SAP is a plus.
- Ability to work with large data sets and maintain attention to detail.
- Strong verbal and written communication skills.
- Ability to manage multiple assignments and meet deadlines.
- Self-motivated with a willingness to learn and take initiative.
- Demonstrated ability to work effectively in a team environment.
- Interest in manufacturing operations, inventory management, and cost accounting.
Location
- Chestnut Ridge, NY
Work Type
- Internship
Experience Level
- Intern
Education Level
- Bachelor's degree in Accounting, Finance, or a related business field
Salary/Compensations
- $44,500.00-$59,300.00
About the Company
- Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets that require advanced technology and high reliability.
- These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research.
- Teledyne LeCroy designs, manufactures, and markets state-of-the-art electronic test and measurement equipment.
- Originally founded as LeCroy Corporation in 1964, the company was acquired by Teledyne Technologies (NYSE: TDY) in 2012 and now operates as a wholly owned subsidiary.
Equal Opportunity
- Teledyne is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other characteristic or non-merit based factor made unlawful by federal, state, or local laws.
