Senior Financial Analyst

Alcoa of Australia Ltd; Pittsburgh (Allegheny County); On-site; USD 90,000 - 130,000; Full time

Job summary

Alcoa is seeking a Senior Financial Analyst to support the Transformation Finance team in Pittsburgh. The role will manage financial processes for multiple US Transformation locations and the HQ, lead closing, forecasting, and reporting, and drive planning across the Global Transformation organization.

Ideal candidates will have 7+ years in financial accounting, strong Excel/PowerPoint skills, and experience with Oracle, Orbit, and Connected Planning.

Qualifications

• Financial Accounting experience of 7 years or more
• Proficient with Microsoft Excel, Word, PowerPoint
• Experience with Oracle, Orbit, Connected Planning preferred
• Experience with Asset Retirement Obligations, Environmental Reserves, Closure estimating is a plus

Responsibilities

• Manage the financial processes for approximately 10-20 US Transformation locations and the Transformation HQ.
• Close location books monthly in accordance with Alcoa standards.
• Conduct monthly P/L and balance sheet variance analysis.
• Complete timely reconciliations of all required accounts and address variances.
• Ensure accruals are recorded monthly.
• Lead the monthly forecast process for 10-20 US Transformation locations.
• Hold monthly meetings with location managers to review results and forecast impacts.
• Coordinate Annual Planning for the Global Transformation organization.
• Develop templates for Annual Plan data and coordinate input into the financial system.
• Ensure annual plan is completed for 10-20 US Transformation locations and HQ.
• Lead financial closing, forecasting and reporting for Corporate offices.
• Support environmental reserve liabilities processes and reporting.
• Oversee international and non-legacy project spend recording and reserve activity.
• Complete roll forwards and reporting for environmental liabilities.
• Support quarterly and annual location reviews.
• Develop and manage closure-estimate processes.
• Participate in special projects for Transformation and communicate opportunities.

Skills

Financial analysis

Forecasting

Variance analysis

Communication

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

Excel

PowerPoint

Word

Oracle

Orbit

Connected Planning

Job description

Shape Your World At Alcoa

Shape Your World At Alcoa, you will become an essential part of our purpose: to turn raw potential into real progress. The way we see it, every Alcoan is a work-shaper, team-shaper, idea-shaper & world-shaper. The Senior Financial Analyst role is a member of the Transformation Finance team and will support both the Controller, Transformation and the Senior Finance Manager, Transformation.

Senior Financial Analyst Responsibilities

• Manage the financial processes for approximately 10-20 US Transformation locations and the Transformation HQ, including:
  • Efficiently, accurately and timely manage the closure of the location books each month in accordance with Alcoa closing processes and standards
  • Conduct monthly p/l and balance sheet variance analysis to understand deviations from forecast and other required scenarios
  • Complete timely reconciliations of all required accounts and ensuring any variance are addressed according to Alcoa standards
  • Ensure accruals are recorded monthly in accordance with Alcoa standard
  • Complete the monthly forecast process accurately and timely in accordance with Alcoa forecasting processes and standards for 10-20 US Transformation locations including:
    • Conducting monthly meetings with location managers to ensure an understanding of monthly financial results, activities at the site and impact on forecast (EBITDA and free cash flow) and communicate BU and Alcoa expectations
    • Ensure monthly forecast variances are communicated and documented in accordance with Alcoa Transformation processes
• Assist with the coordination and analysis of the Annual Planning process for the Global Transformation organization including:
  • Develop and maintain templates for the collection of the Annual Plan data to coordinate input into the financial system and development of deliverables to communicate overall plan objectives to the Transformation Controller and Transformation leadership
  • Ensure annual plan is completed for 10-20 US Transformation locations and the Transformation HQ
• Lead the financial closing, forecasting and reporting process for the Alcoa Corporate offices
• Support the financial processes and reporting for Transformation’s Environmental reserve liabilities including:
  • Ensure that monthly legacy spend is recorded and booked accurately against the correct reserve project
  • Serve as the global lead on the international and non-legacy projects to ensure that project spend is being recorded in accordance with Alcoa and Transformation standards and that the reserve reflects proper period activity and the split between current and noncurrent
  • Complete the monthly, quarterly and annual roll forwards and reporting requirements for Alcoa’s environmental reserve liabilities
• Support the quarterly annual location review process for Alcoa Transformation sites
• Develop and manage the process around closure estimates
• Participate and lead special projects as assigned by the Transformation Controller including support on Transformation transactions and portfolio changes
• Shows initiative to evaluate BU’s financial data and recommend actions to improve results and develop concise presentations to communicate these opportunities

Ideal Incumbent Specification

• Financial Accounting experience of 7 years or more CPA preferred
• Proficient with Microsoft Excel, Word, PowerPoint required
• Experience with Oracle, Orbit, Connected Planning preferred
• Experience with Asset Retirement Obligations, Environmental Reserves, Closure estimating is a plus

About the Location

Working at the Pittsburgh Alcoa Corporate Center, located on the thriving North Shore of Pittsburgh, allows employees to experience firsthand, whether working virtually or on-site or a hybrid of the two, what being a values-based company means. Through daily interactions with colleagues and exposure to some of the organization’s highest-level executives, the office creates an environment in which all employees can develop and contribute to their full potential. Outside of the office, Pittsburgh itself is one of the country’s most livable and affordable cities – combining the city feel with small town charm. We are values led, vision driven and united by our purpose of transforming raw potential into real progress.

Our commitments to Inclusion, Diversity & Equity include providing trusting workplaces that are safe, respectful and inclusive of all individuals, free from discrimination, bullying and harassment and that our workplaces reflect the diversity of the communities in which we operate.

As a proud equal opportunity workplace and affirmative action employer, Alcoa is dedicated to providing equal opportunities and equal access to all individuals regardless of a person’s gender, age, race, ethnicity, sexual orientation, gender identity, religion, nation of origin, disability, veteran status, language spoken or any other characteristic or status protected by the laws or regulations in the places where we operate.

Additional Information

We treat all people with dignity and we believe in inclusion, diversity and enabling all employees to grow and develop their careers with us, where they can pursue their passions.

Discover the possibilities a career with Alcoa can have for you.