Controller

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.

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. Buffet, acquired Precision Castparts Corp.

Business Profile:

PCC Fasteners and Engineered Products, which include the PCC Industrial & Distribution Group, consist of specialized manufacturing businesses that produce fasteners, precision components, systems, tooling, and engineered system solutions for a diverse group of end customers in the automotive, aerospace & defense, industrial machinery, and other performance-driven markets.

PCC Fasteners and Engineered Products' manufacturing operations are spread over four continents, forming a network of industry-leading companies, which enables our customers to utilize our experience and deep product knowledge wherever they need it. Embedded in a culture of continuous improvement, our assets and industry leadership ensure that we will consistently deliver our customers the best value in the markets we serve.

Location Profile:

Located in Woodinville, WA, University Swaging, a PCC Company, a part of the Engineered Products Group, is a unique machining, swaging, and assembly center providing the industry's most technologically advanced structural and kinematic control rod assemblies, flight control mechanisms, and swaged cable assemblies.

Position Summary:

The 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.

Primary Duties & Responsibilities:

• Responsible for all 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.
• Oversees daily operations of the Accounting department. Controls and monitors all company assets including inventory and fixed assets through cycle counting or other audit methodologies.
• 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 daily flex, weekly battle plan, and monthly and quarterly business reviews.
• Directs preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justifications. Monitors approved budgets monthly, 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 provides 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 to 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 to maximize and reach optimal individual and organizational goals.
• Responsible for the department's staffing and performance management process; including development, coaching, discipline, and termination actions.
• Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.
• Performs other related duties as assigned.

Required Skills:

• GAAP and Sarbanes-Oxley knowledge is required. Track record of improving internal controls highly valued.
• 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: ability to work flexible hours.

Required Experience:

• 10 plus years of Accounting/Finance experience, with 3-5 years as the financial leader in a manufacturing environment with full responsibility for the books and records. Publicly traded company experience highly preferred.
• Strong background in product cost Accounting (standard cost system) and experience in plant accounting/finance systems including strong understanding in the use of Excel.

Level of Education:

• BS or BA in Accounting or equivalent.

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.