Assistant Controller at Precision Castparts Corp. (PCC) in Rockaway, New Jersey

Job Description:

Country

United States of America

State / County

New Jersey

City

Rockaway

Division

Wyman Gordon

Company

McWilliams

Function

Finance

Position type

Full Time

Anticipated start date


Anticipated start date - day

Anticipated start date - month

Anticipated start date - year

March
1 2021

Opportunity ID

732

Company Profile

With more than 150 operations and about 22,000 employees worldwide, Precision Castparts Corp. is the market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, aerostructures and highly engineered, critical fasteners for aerospace applications. In addition, we are the leading producer of airfoil castings for the industrial gas turbine market. We also manufacture extruded seamless pipe, fittings, forgings, and clad products for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials for the casting and forging industries. With such critical applications, we insist on quality and dependability - not just in the materials and products we make, but in the people we recruit.

Headquartered in Portland, Oregon, this over 10 billion dollar company employs more than 29,500 people worldwide. PCC has over 160 plants and has a presence in twenty-six states in the US and in over a dozen countries. PCC is relentless in its dedication to being a high-quality, low-cost and on-time producer; delivering the highest value to its customers and shareholders while continually pursuing strategic, profitable growth.

Effective early February 2016, Berkshire Hathaway, led by chairman and CEO Warren E. Buffett, acquired Precision Castparts Corp.

Business Profile

A leader in the manufacture of high technology forgings for customers around the world. With more than a century of success, McWilliams Forge is ready to quote, design, manufacture, and deliver components to your lean requirements plan, cost-effectively and on time.

Location Profile

387 Franklin Avenue, Rockaway, NJ 07866

Position Summary

The Assistant Controller is responsible for supporting the total accounting function for the business unit, which includes leading and managing the accounting team and managing the accounting and financial process in order to ensure processes and procedures are in accordance with corporate, division and legislative requirements. This is a leadership position, with a strong emphasis on general and cost accounting, working in a dynamic work environment handling multiple priorities while driving process improvements.

Primary Duties & Responsibilities

Complies with and supports PCC Code of Conduct Requirements and Company policies and procedures, as well as Federal, State and Local regulations.

Ensures a safe, productive and pleasant working environment for employees.

Establish and maintain systems and controls, which verify the integrity of all systems, processes and data including complying with the requirements of the Sarbanes Oxley Act and all financial regulatory requirements.

Oversee the activities of the Accounting Department to ensure the accurate and timely dissemination of financial management reports and information (e.g. Daily Flex, Variable Expense Reports, KPIs, Budgets, Forecasts, Month End Statistics, Inventory estimates, Intercompany Product Transfers, and other ad hoc reporting as required)

Prepares balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports.

Manage and perform the full-cycle Accounts Receivable process including posting payments to customer accounts, entering credit memos and adjustments, contacting customers on past-due payments, and reconciling the Accounts Receivable aging reports to meet or exceed company standards.

Review, analyze, and reconcile GL accounts including payables, receivables, cash, pre-paid, fixed assets, and accrued liabilities.

Support accurate and timely month-end close process.

Prepare reports that summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present and expected operations.

Perform financial analysis projects as requested by local, division and corporate management.

Advise management on matters that effect P&L and KPIs, such as effective use of resources and assumptions underlying budget forecasts.

Aid organization with financial functions, such as assessing, auditing, planning, budgeting, taxes, consolidation, cost control, and project control.

Assist in evaluating and analyzing plant capital proposals, capital expenditures, depreciation, investment opportunities, rate of return, profit plans, operating records, financial statements, etc.

Analyze records of present and past operations, trends and costs, estimated and realized revenues, administrative commitments, and obligations incurred to project future revenues and expenses.

Calculate Inventory Estimates using Inflow and Outflow reports.

Conduct, lead, and/or participate in audits as required (e.g. SOX).

Act as subject matter expert for management on financial policies, procedures, and applications; ensuring adherence to accounting and auditing policies and procedures.

Effectively lead department staff by coaching, developing, communicating, delegating, and holding staff accountable. Create a team oriented environment which motivates staff and keeps employees engaged in their jobs and the Company.

Other duties as assigned.

Experience & Education

• 
  

  Bachelors Degree

  
  

  Working knowledge of SOX

  
  

  Supervisory Exp.

  
  
  
  

• 
  
  
  
  

  Related experience in manufacturing industry

  
  
  
  

  Working knowledge of SOX

  
  
  
  

  Supervisory experience

  
  
  
  

Required Skills

Bachelor's Degree from an accredited university

Minimum 5+ years' related experience

Ability to work under minimal supervision and use own initiative

Understanding of Financial Accounting Standards (FAS)

Working knowledge of Cost Accounting (i.e. Bill of Materials (BOM), work orders, and standard costing)

Demonstrated leadership experience with ability to delegate, mentor, lead, and develop direct reports

Experience interpreting financials. Ex: understanding and interpreting Key Performance Indicators, trends, simulations.

Demonstrated experience with identifying and driving process improvements

Excellent communication & collaboration skills to interact with high-level business leaders to provide results, interpret results and drive the business performance forward.

Excellent prioritization skills.

Ability to work under pressure

Deadline driven

Strong analytical skills

Strong business acumen

Customer focused

Proficient use of Microsoft Outlook, Word; Advanced use of Excel

Proficient use of financial management systems such as Hyperion or Oracle.

PREFERRED QUALIFICATIONS

Accounting Degree

Related experience in manufacturing industry

Working knowledge of SOX

Supervisory experience

Desired Skills

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Relocation

Full Relocation is authorized for this position.

Apply Now