Cost Accountant

Precision Castparts Corp.; Houston (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

Precision Castparts Corp. is seeking a Cost Accountant in Houston to ensure proper standard cost accounting, partner with the GM and supply chain teams, and support monthly closes and inventories.

You will manage standard cost for Houston products, assist in fixed assets, payables, and receivables, and drive process improvements while adhering to GAAP and company policies.

Qualifications

• 3 to 5 years of cost/accounting experience in manufacturing.
• Bachelor's degree in accounting or related field.
• Strong knowledge of GAAP and financial controls.

Responsibilities

• Lead daily/weekly/monthly reporting for income statements and balance sheet.
• Ensure accuracy and timeliness of operations reporting; prepare ad hoc reports.
• Serve as a financial business partner to the GM, operations and supply chain.
• Handle standard cost accounting for Houston products and related variances.
• Support fixed assets, payables, and receivables related cost issues.
• Prepare monthly closing journal entries and close processes.
• Assist in annual physical inventories and SOX program support.
• Monitor budgets, forecasting and inventory balances; analyze margins.

Skills

Cost accounting

GAAP

Financial reporting

Budgeting

Month-end close

Inventory control

Cross-functional partner

Education

Bachelor's degree in accounting

Job description

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

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

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.

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 comply with those regulations, this position may require applicants to be U.S. Persons (i.e., U.S. citizens, U.S. lawful permanent residents, protected individuals as defined by 8 U.S.C. 1324b(a)(3)), or eligible to obtain the required export authorizations from the U.S. Department of State or the U.S. Department of Commerce.

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.

Precision Castparts Corp. and its affiliates do not accept unsolicited resumes from search firms or employment agencies. Unsolicited resumes will become the property of Precision Castparts Corp & its affiliates, and no fee will be paid.

We are constantly searching for the best talent and offer excellent development programs for recent graduates as well as meaningful work experience for those still studying.