Assistant Controller

Precision Castparts Corporation Mojave , CA 93502

Posted 2 months ago

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%.

Incotec is a state-of-the-art coatings company committed to providing the highest quality product and service solutions for your specific application needs. Using dri-film lubricants, aluminum and other unique fastener coatings as well as high temperature corrosion protection and barrier coatings, Incotec specializes in providing metal treatments for critical components in the aerospace, fastening and transportation industries. At Incotec, our goal is to make the components that makes flying and driving possible and safer, while putting an emphasis on producing environmentally friendly products. Incotec is part of the Airframe Product Segment of Precision Castparts Corp, a world leader in structural investment castings, forged components, and airfoil castings for aircraft engines and industrial gas turbines.

Located in Mojave, CA

Position Summary:

The Assistant Controller is responsible for all financial aspects of the business and must ensure compliance with all PCC Corporate Policies and Procedures, Generally Accepted Accounting Principles, and Sarbanes-Oxley (SOX) requirements. Will Assist the Controller with the following: Financial statements, internal and external audits, budgets, forecasts and strategic business plans, and must coordinate with Division and Corporate finance to achieve the goals and objectives of the business.

Primary Duties & Responsibilities:

  • Establishes or recommends to management major economic strategies, objectives and policies for the company. Acts to link/align the major business functions to profitability, growth and cash flow.

  • Prepares timely and comprehensive reports including analysis of financial data, statements, and audits covering sales, earnings, profits, working capital, cash balances and other financial metrics based on past, present and expected operations.

  • Assist in the preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justifications. Monitors approved budgets on a monthly basis, providing guidance and assistance where needed to management.

  • Assists sales/marketing and manufacturing functions in matching financial capability of company assets and resources to the forecast for sales/shipments as well as analyzing margins and recommending actions to improve items not meeting overall objectives of company.

  • Manages financial and SOX audits with internal and external auditors and provide recommendations for procedural improvements.

  • Acts as business unit Ethics Officer regarding compliance with Sarbanes-Oxley requirements and oversees all internal controls.

  • Assists management with negotiation and review of Long Term Agreements with customers.

  • Serves as advisor to and strategic partner with the General Manager of the business, assisting in most decisions related to forecasts, key position hiring, new initiatives to exploit potential profit improvement opportunities, setting of plant policies and procedures, and other avenues in pursuit of operational excellence.

  • Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures. Design, establish and maintain an organizational structure and staffing that effectively accomplish the department's goals and objectives.

  • Leverage strengths of the current Finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.

  • Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.

  • Other duties as assigned.

Required Skills:

  • Exceptional analytical abilities and understanding of accounting and finance issues in a manufacturing environment.

  • Ability to analyze financial data and prepare financial reports, statements and projections. Working knowledge of short and long term budgeting and forecasting, rolling budgets, and profitability and variance analysis.

  • A proactive, hands-on strategic thinker with solid problem solving skills, which allows for strategic data interpretation vs. simple reporting.

  • Experience presenting to highest levels of management with confidence and precision.

  • Solid, overall business acumen and a strong mindset for continuous improvement.

  • Attention to detail and an attitude of 100% compliance with all company and regulatory requirements.

  • Work requires verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.

  • High energy level and ability to work flexible hours.

  • Working knowledge of Six Sigma and Statistical Process Control

  • Strong oral and written communication skills

  • Strong interpersonal and leadership skills

  • Demonstrated ability to lead programs / projects

  • Ability to document, plan, market, and execute programs

  • Established project management skills

  • Proven leadership in Fasteners, Aerospace, or Automotive type Industry

Experience & Education:

  • BS or BA in Accounting or equivalent. Minimum of 5 years Accounting/Finance experience with 3-5 years as the financial leader in a manufacturing environment with full responsibility for the books and records. Prefer experience as a financial leader at a publicly traded company.

  • Strong background in product cost Accounting (standard cost system) and experience in plant accounting/finance systems including strong understanding in the use of Excel.

  • GAAP and Sarbanes-Oxley knowledge is required. Track-record of improving internal controls is highly valued.

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.

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Assistant Controller

Precision Castparts Corporation