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:
Position Summary:
Performs complex analytical and cost accounting functions related to financial reporting, analysis and interpretation, and provides input to management and guidance to other finance department personnel with respect to these functions. Oversees and analyzes standard costs and cost performance. Reports to the Controller.
Primary Duties and Responsibilities:
- Planning, studying, and collecting data to determine costs of business activity
- Leading product cost development, activity rates, cost performance calculations, and annual update of standard costs
- Assisting in creating budgets and forecasts
- Analyzing cost variance reports and profitability by item and customer
- Analyzing changes in product design, raw materials, and manufacturing methods or services provided, to determine effects on cost
- Analyzing actual manufacturing costs and preparing daily/weekly/periodic reports comparing standard costs to actual production costs
- Recording cost information for use in controlling expenditures
- Analyzing audits of costs and preparing reports
- Making estimates of new and proposed product costs
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services
- Maintaining cost accounting data in ERP system
- Assisting in month-end close of the general ledger
Required Skills:
- Must have a strong cost systems background and have excellent analytical skills
- Sound understanding of generally accepted accounting principles
- Computer literate with strong Excel skills
- Experience with ERP systems, Syteline-specific a plus
- Experience working with engineering and manufacturing personnel on development and analysis of cost standards
- Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
Required Experience and Education:
- 3-5 years of cost accounting in a manufacturing environment
- Bachelor’s degree in accounting/business-related field
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