Accountant

COMPANY: Pacific Air Industries / Air Cert (a holding of Permanent Equity)

POSITION: Accountant

LOCATION: Los Angeles, CA

HIRING MANAGER: Susan Spence, Director of Finance, HR & Order Processing

DESCRIPTION

The Company

Founded in 1959, Pacific Air Industries & Air Cert are the aerospace industry’s trusted partners for expendable and rotable airplane parts. We help airlines and other air-carriers keep their planes in the air by providing competitive pricing on our extensive inventory and shipping their orders the same day. We are able to achieve this level of service through partnership with our in-house FAA 145-repair shop, Air-Cert.

Today, we are supported by a group of long-term investors that recently invested, looking to build on our legacy. We service a global client base including commercial airlines, other air-carriers and MRO facilities leveraging our inventory with 300k+ parts near LAX, the third busiest airport in the world. In addition to supplying parts, we partner with our customers to service and repair parts to make sure they can keep their fleets flying. The combination of these two offerings gives us a strategic advantage in servicing our > 1,000 customers.

The Opportunity

Pacific Air and Air Cert are looking for someone to own our Financial Operations from beginning to end. From paying bills to entering transactions to preparing financial statements that go to our Director of Finance and CEO. When there are questions about the numbers, you will own the answer. You will find opportunities to improve our reliability and customer service within the financial operation (AR) and also lead the effort to make those improvements. This will involve cross-discipline communication and partnership as well as a proactive spirit and a philosophy of ownership & accountability. As we build a stronger financial platform across both Pacific Air and Air Cert, we will start to look beyond our current horizons, which may involve additional financial support, such as M&A due diligence and capital planning.

Key Responsibilities

  • Financial Operations: Involvement in the entire Order to Cash process, from supporting our order processing efforts to managing invoices & collections.

  • Accounting & Financial reporting: Develop financial reports that accurately account our financial transactions using GAAP, and be willing to represent key decisions to investors & auditors

  • AR/AP: Manage credit decisions and vendor & customer communications to ensure timely flow of payments

  • Payroll: Ensure team is paid timely and accurately

  • Manage budgeting and forecasting

Requirements

  • Bachelor's degree in Accounting or related field

  • Accounting and/or Finance Operations experience

  • Ability to build, interpret and analyze financial statements

  • Attention to detail

  • Good problem-solving skills

  • Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)

Interested candidates should send a resume to susans@pac-air.com