Assistant Controller

Position Summary:

The Assistant Controller works under the guidance of the Controller and assists the Controller with directing the organization's financial operations and administration. Assists the Controller in the preparation and review of financial statements, budgets, financial planning, financial systems, and various other financial operating reports. Has the day-to-day responsibility of the Finance Department and performs duties personally or through subordinates.

Primary Duties & Responsibilities

• Assists the Controllerin ensuring timeliness and accuracy of the financial statements.
• In support of the Controller, prepares reports which summarize and forecast company business activity and financial position in areas of income, expense, and earnings based on past, present, and expected operations. Additionally, prepares and reports the month end financial results to division and plant management within 3-day close period.
• Oversee the daily accounting operations, including general ledger, revenue recognition, accounts receivable, accounts payable, fixed assets, payroll, and accounts reconciliation inventory accounting and operational cash management.
• Ensure integrity of the Company's accounting systems, including chart of account set-ups, financial report development and maintenances between systems and general ledger
• Directs month-end, quarter-end, and year-end close activities.
• Manages preparation and review of weekly, monthly, and quarterly reporting packages on financials and key operating metrics, ensures data accuracy and integrity.
• Reviews financial data regularly to ensure fairness and completeness of the data.
• Evaluates internal controls, implements new controls as needed, and improves existing controls, putting in place new policies and procedures.
• Reviews policies and processes, recommends modifications to existing policies and processes, and presents recommendations for new policies and processes.
• Reviews journal entries, account analyses, and account reconciliations at month-end for completeness and accuracy.
• Acts as liaison for internal and external audits.
• Works with SOX Coordinator and Compliance Manager to ensure timely and accurate reporting.
• Knowledge of SOX, SOX management requirements and compliance procedure of company records and processes.
• Prepares reports required by regulatory agencies.
• Supports major corporate economic strategies, objectives, and policies by overseeing general accounting policies, processes, and activities.
• Other duties as assigned.

Qualifications:

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
• Understanding of accounting and finance issues in a manufacturing environment
• Ability to analyze financial data, identify and explain variances to forecast, use the analysis to forecast going forward
• Proactive, hands-on strategic thinker with solid problem-solving skills.
• Track record of improving internal controls.

Education/ Experience:

• Bachelor Degree in Business Administration with an emphasis in Finance and/or Accounting
• 5 + years of management experience in accounting and finance
• Background in product cost accounting/standard costs preferred
• CPA preferred, public accounting experience a plus
• GAAP knowledge required
• Sarbanes-Oxley knowledge preferred
• Extensive experience with ERP systems and Excel

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.