Accounting Manager

Position Summary:

The Accounting Manager leads the day-to-day accounting operations of the site and is responsible for directing, developing, and reviewing the work of the accounting team to ensure accurate, timely, and well-controlled financial processes. The role oversees core accounting and working capital processes, supports financial reporting, forecasting, and close activities, and partners with operations to improve business performance. The Accounting Manager drives continuous improvement, strengthens financial discipline, and supports the achievement of operational and financial objectives. Success in this role requires strong interpersonal, communication, and organizational skills, as it regularly interfaces with employees and leaders across multiple departments and all levels of the organization.

Supervisory Responsibilities:

• Directly supervises 2 employees.

Primary Duties & Responsibilities:

• Assist the Controller in ensuring timeliness and accuracy of the financial statements.
• Manage monthly close process including schedule attainment, reconciliations, and reporting packages to division and plant management within 3-day close period.
• Prepare and review/approve journal entries, account analyses, and account reconciliations at month-end for completeness and accuracy.
• Prepare and submit Beginning-of-Quarter (BOQ) and Mid-Quarter (MQ) cash forecasts based on financial models.
• Oversee collections and payment terms reviews to ensure achievement of AR and AP days goals.
• Perform all fixed asset accounting functions. Including CIP management, budget to actual analysis, fixed asset schedules, depreciation reports, quarterly cycle counts, annual audit schedules, and year end reports.
• Maintain construction in progress detail with supporting documentation and work with management team to submit capital requests.
• Prepare quarterly Excess and Obsolete and Lower of Cost or Market calculations and analyses.
• Manage physical inventory counts and processes, including reconciliations.
• Ensure plant compliance with all tax and regulatory agency reporting requirements.
• Manage financial and SOX audits with internal and external auditors and provide recommendations for procedural improvements.
• Review financial data regularly to ensure fairness and completeness of the data.
• Support and assist the budget generation process.
• Lead continuous improvement efforts that strengthen processes, controls, data integrity, and operational effectiveness across accounting and finance functions.
• Optimize the workforce through management of human resources. Responsible for the department's staffing and performance management process; including development, coaching, discipline and termination actions.
• Other duties as assigned.

REQUIRED SKILLS:

• Ability to prioritize a heavy work schedule.
• Ability to manage and track multiple priorities.
• Able to work productively and independently.
• Demonstrated proficiency with ERP Systems and Microsoft office products.
• Proven analytical, problem solving, and process improvement ability.
• Strong interpersonal, communication and organizational skills.
• Demonstrated ability to collaborate with all levels of the organization, including management.
• Exceptional understanding of accounting and finance issues in a manufacturing environment.
• Solid, overall business acumen and a strong mindset for continuous improvement.

Required Experience:

• 5-7 years of progressive accounting experience.
• 3+ years of accounting experience in manufacturing environment.
• 2+ years in a leadership role.
• Sarbanes-Oxley reporting experience preferred.

Level of Education:

• BA/BS in Accounting or Business with an emphasis in accounting.

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.