Controller

Precision Castparts Corp. (PCC)
Santa Ana, CA Full Time
POSTED ON 10/1/2024 CLOSED ON 11/16/2024

What are the responsibilities and job description for the Controller position at Precision Castparts Corp. (PCC)?

United States of America
California
Santa Ana
Fasteners
Cherry
Finance
On-Site
Full Time


14094

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.

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.

Position Accountabilities:

1. 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.

2. 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.

3. 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.

4. 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.

5. Directs preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justifications. Monitors approved budgets on a monthly basis, providing guidance and assistance where needed to management.

6. 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.

7. Manages financial and SOX audits with internal and external auditors and provide recommendations for procedural improvements.

8. Acts as business unit Ethics Officer regarding compliance with Sarbanes-Oxley requirements and oversees all internal controls.

9. Assists management with negotiation and review of Long-Term Agreements with customers.

10. 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.

11. 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.

12. Leverage strengths of the current Finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.

13. Responsible for the department's staffing and performance management process; including development, coaching, discipline and termination actions.

14. Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.

15. Performs other related duties as assigned.


Position Qualifications:

MINIMUM EDUCATION:

  • BS or BA in Accounting or equivalent.

MINIMUM 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.

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.

LEVEL OF SUPERVISION:

  • Supervises up to 7 accounting and
    finance personnel
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
For informational purposes only, the range for annual base salary for this role is $185,000 to $210,000 US Dollar (USD) Salaried based on a variety of factors. For informational purposes only, this role is eligible to participate in the Company's Executive Bonus Plan, paid out up to 40% of the applicable annual base salary, based on the Company's performance in the prior calendar year. 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.
The position will be eligible to participate in the Company's Long-Term Incentive Program
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.

Precision Castparts Corp. is an equal opportunity employer committed to recruit, hire, train, and promote in all job categories without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status or other status protected by applicable law.

 

Salary : $185,000 - $210,000

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