Cost Accountant

Precision Castparts Corporation Paramount , CA 90723

Posted 3 weeks ago

Cost Accountant

Country

United States of America

State / County

California

City

Paramount

Division

Wyman Gordon

Company

Carlton

Function

Finance

Workplace Type

On-Site

Position type

Full Time

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Opportunity ID

12751

Company Profile

With more than 120 operations and approximately 20,000 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, 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 high-quality, low-cost and on-time 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.

Job Description

Conducts studies that provide detailed information regarding the costs of business activity, such as raw material purchases, inventory, labor, etc. Analyzes changes in product design, raw materials, manufacturing methods, rate schedules, or services provided to determine effects on costs. Compares factors affecting prices and profitability of products or services.

Essential Functions

  • Identify unfavorable & favorable purchase price and material variances.

  • Verify standard cost.

  • Forecast annual and life of program variance impact.

  • Filter the pricing from the Sales department to insure margin performance goals

  • Identify & verify low margin performing PN's

  • Analyze mix impact lower of cost or market analysis.
  • Forecast future monthly and quarterly margins (Material/OP/EBIT).

  • Add new parts to Cost Data Base

  • Cost using Router & BOM's from Engineering.
  • Target low margin PN's with specific area of cost identified for cost reduction.

  • Support Pipeline group by providing cost/ benefit analysis.

  • Annualize variances and develop corrective action.

Education requirements

BA/BS Business/Accounting/Finance/Economics/Business

Required Work Experience -

  • 2-year minimum experience developing Standard Cost in a manufacturing environment.

  • Experience with BDM & Router Development, COGS, margin analysis, variance reporting, Oracle experience. Pricing & Margin Review, Pipeline Cost Reduction Tracking & Targeting.

For informational purposes only, the range of pay for this role is $60000 to $70000 US Dollar (USD) Salaried based on a variety of factors. For informational purposes only, this role is eligible to participate in the Company's Quarterly Cash Bonus Plan, paid out at the quarterly bonus factor of 2X the Company's bonus multiple, based on the Company's performance in the applicable quarter. Employees will receive 120 hours paid time off every year. Employees will also receive 10 paid holidays. Employees (and their families) are eligible to participate in the company's medical, dental, vision, and basic life insurance. Employees are eligible to enroll in the Company's 401(k) plan.

This position requires use of information or access to production processes subject to national security controls under U.S. export control laws and regulations (including, but not limited to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR)). To be qualified to work in this facility, a successful applicant must be a U.S. Person, as defined in those regulations, and able to supply evidence of that qualification prior to starting work or be authorized to receive controlled information under a specific license or permission from the relevant government agency. The U.S. export control regulations define a U.S. person as a U.S. Citizen, U.S. National, U.S. Permanent Resident (i.e. 'Green Card Holder'), and certain categories of Asylees and Refugees.


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Cost Accountant

Precision Castparts Corporation