Cost Accountant

POSITION SUMMARY:

The Cost Accountant is responsible for ensuring proper standard cost accounting is followed for Houston inventory and to provide support to the GM and all operational/supply chain teams. The Cost Accountant will be responsible for all areas related to cost-related items. This position reports to the Campus Controller.

PRIMARY DUTIES AND RESPONSIBILITIES:

* Lead in daily, weekly, monthly, and quarterly reporting for all sites related to income statements and balance sheet
* Ensure accuracy and timeliness of reporting from the operations. Prepare Ad hoc reports as needed by operations and management
* Serve as a financial business partner to the GM, operations and supply chain teams
* Responsible for all aspects of standard cost accounting for Houston products
* Support general accounting group within different areas of fixed assets, payables, and receivables for related cost issues
* Prepare monthly closing journal entries and adjustments to financial records; organize, analyze and complete month end financial statements.
* Assist in annual physical inventories
* Monitor fixed asset capital projects from start to completion
* Responsible for monthly account reconciliations
* Provide support to accounting staff and assist in resolving issues that arise in these areas with minimal supervision
* Willingness to perform special projects to improve process efficiency and performance projects as assigned
* Work safely under functional safety guidelines such as PPE and equipment interaction
* All functions, duties or tasks are to be carried out in an honest, ethical and professional manner, and to be performed in conformance with applicable Company policies and procedures.
* Responsible for Excess & Obsolete reserve calculations on a quarterly basis
* Reconcile and analyze monthly Standard Margin and Sales Analysis.
* Create and maintain budget and forecasting activities for inventory balances and COGS.
* Monitors and analyzes department work to develop more efficient processes, procedures, and use
of resources while maintaining a high level of timeliness and accuracy.
* Support in the SOX program

REQUIRED SKILLS:
* Monthly Close
* Production Reporting (Variable Cost, Productivity, Staffing)
* Standard Cost Accounting
* Forecast and Budget processes
* Proficient in Microsoft Office programs

EDUCATION:
* Bachelor's degree in accounting, finance, or a related field

EXPERIENCE:
* 3 to 5 years of experience in accounting, preferably within the manufacturing industry
* Passion for the job and a can-do attitude; willing to work the hours necessary to enable the business to continually exceed expectations.
* Relentless and tenacious pursuit of continuous improvement in all facets of the business
* Highly organized and able to juggle several time-sensitive projects simultaneously.
* Understanding of GAAP and statutory accounting concepts and principles

WORK CONDITIONS:
* Office environment majority of the time
* Will be exposed to outside elements, requiring adaptability to varying weather conditions.
* Exposed to high noises levels, requiring the use of PPE

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.