Accounting Manager
Accounting Manager
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Job Description
16814
With more than 120 operations and approximately 20000 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 and forgings 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.
PCC is relentless in its dedication to being a highquality lowcost and ontime producer; delivering the highest value to its customers while continually pursuing strategic profitable growth.
In 2016 Berkshire Hathaway led by Chairman and CEO Warren E. Buffett acquired Precision Castparts Corp.
Company Profile:
Precision Castparts Corp. (PCC) is a leading worldwide diversified manufacturer of complex metal components and products. It serves the aerospace power and general industrial markets. PCC is the market leader in manufacturing large complex structural investment castings airfoil castings and forged components used in jet aircraft engines and industrial gas turbines. The Company is also a leading producer of highly engineered critical fasteners for aerospace and other general industrial markets manufactures extruded seamless pipe fittings forgings and clad products for power generation and oil & gas applications and supplies metal alloys and other materials to the casting and forging industries. PCC is a high quality business with dominant positions in most segments of the markets in which it serves. The company has a history of superior earnings growth and was the fourth best performing stock in the S&P 500 during the last decade up 1580.
Headquartered in Portland Oregon this over $10 billion publicly traded company (NYSE: PCP) employs more than 29500 people worldwide. PCC has over 160 plants and has a presence in twentysix states in the US and in over a dozen countries. PCC is relentless in its dedication to being a highquality lowcost and ontime 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. Mr. Buffett stated Ive admired PCCs operation for a long time. For good reasons it is the supplier of choice for the worlds aerospace industry one of the largest sources of American exports. Berkshires Board of Directors is proud that PCC has joined Berkshire.
We are very pleased to be joining forces with Berkshire Hathaway said Mark Donegan PCCs chairman and chief executive officer. We see a unique alignment between Warrens management and investment philosophy and how we manage PCC for the longterm. We believe that as part of Berkshire Hathaway PCC will be exceptionally wellpositioned to support our customers needs into the future. This transaction offers compelling and immediate value for our shareholders and allows PCCs employees to continue to operate in the same manner that has generated many years of exceptional service and performance to our customers.
Business Profile:
PCC Aerostructures is a leading supplier of complex components and assemblies to the global aerospace industry.
PCC Aerostructures now includes 39 plants in the U.S Europe and Asia with over 5500 employees and has ambitious growth plans. Businesses within PCC Aerostructures include Primus International SPS Aerostructures Centra Klune ProCoat Southwest United Industries Progressive Incorporated and Synchronous. Plants locations include Washington Utah California Oklahoma Kansas Texas Ohio Canada Mexico the UK and China.
Location Profile:
Waldens Machine was founded in 1976 by Charlie Walden. Primus purchased Waldens in 2006 and PCC purchased Primus in 2011. The Company offers a complete range of products and services including high speed machining 3 4 & 5 axis medium/complex aluminum and hard metal machining) kitting assembly and integration decorative coatings airfoil/propulsion structures specialist and global supply chain management. Waldens is a 24 hour facility and is staffed with 340 employees.
Waldens has a reputation for market leading performance and responsiveness in high speed machining. Some of their wellknown customers included but are not limited to Boeing Bombardier Spirit Aerosystems Bell Helicopter Airbus and GE Aviation. The Company is fully certified for IS0 9001 and hold Revision C registration for AS9100.
Position Summary:
Performs complex analytical and cost accounting functions related to financial reporting analysis and interpretation and provides input to management and guidance to other finance department personnel with respect to these functions. Oversees and analyzes standard costs and cost performance. Reports to the Controller.
Primary Duties and Responsibilities:
- Planning studying and collecting data to determine costs of business activity.
- Leading product cost development activity rates cost performance calculations
- Assisting in creating budgets and forecasts.
- Analyzing cost variance reports and profitability by item and customer.
- Analyzing changes in product design raw materials and manufacturing methods or services provided to determine effects on cost.
- Analyzing actual manufacturing costs and preparing daily/weekly/periodic reports comparing standard costs to actual production costs.
- Recording cost information for use in controlling expenditures.
- Analyzing audits of costs and preparing reports.
- Making estimates of new and proposed product costs.
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Maintaining cost accounting data in ERP system
- Assisting in monthend close of the general ledger
Required Skills:
- Must have a strong cost systems background and have excellent analytical skills
- Sound understanding of generally accepted accounting principles.
- Computer literate with strong Excel skills
- Experience with ERP systems Sytelinespecific a plus
- Experience working with engineering and manufacturing personnel on development and analysis of cost standards
- Ability to accurately prepare daily weekly monthly quarterly and annual reports
Required Experience and Education:
- 35 years of cost accounting in a manufacturing environment
- Bachelors degree in accounting/businessrelated field
Precision Castparts Corp. is an equal opportunity employer committed to recruit hire train and promote in all job categories without regard to race color religion sex sexual orientation gender identity national origin age disability veteran status or other status protected by applicable law.
Required Experience:
Manager
Employment Type
Full-Time
