What are the responsibilities and job description for the Finance Co-Op position at Precision Castparts Corp.?
Finance Co-Op
21600
Position Summary:
The Finance Co-Op will support the production facility, working with other members of the finance and accounting team to support daily, weekly, monthly, and quarterly reporting. May work on projects including transitioning to Standard Costing, correcting product codes to ensure sales by planform analysis is more accurate, correcting subcomponent mapping to eliminate month end journal entries to correct, update employee forms in Syteline to include ADP info for the purposes of flex reporting, work with the Engineering funciton to derive ship set quantities per part number allowing us to forecast based on customer build rates, identify and mark obsolete work centers for flex reporting accuracy, eliminate redundancies (e.g. “setup” “set up” or “set-up”), verify payment terms for customers and vendors, and verify customer credit lines.
Reporting Relationships:
The Finance Co-Op reports directly to the Controller.
Primary Duties & Responsibilities:
- Support accounting team with daily, weekly, monthly, and quarterly reporting including monthly P&L package, quarterly financial review, and quarterly operational review.
- Perform month end closing procedures, including journal entries and inventory analysis.
- Manage Fixed Asset requisition and tracking.
- Perform daily customer invoicing.
- Prepare and submit weekly and monthly wire transfers.
- Annual Personal Property Tax analysis and filings.
- Manage audit requests with internal and external audit groups.
- Support SOX reporting and testing processes.
- Perform complex balance sheet account reconciliations.
- Responsible for various special projects and ad hoc requests.
- Identify process opportunity areas and develop and implement proceudres to improve operational efficiency.
- Perform other duties, as assigned.
Required Skills/Experience:
- Efficient use of time in prioritizing, organizing, and completing tasks.
- Well organized and good attention to detail.
- Ability to professionally communicate and work cooperatively with others.
- Proactive, hands-on strategic thinking with problem solving skills and a continuous improvement mindset.
- Willingness to learn and support training of others.
Level of Education:
- Must be pursuing a 4-year finance, accounting, or business degree. Junior year preferred.
- Must be willing to accept a 3-6 month assignment.
- Previous experience in a finance/accounting/business role a plus.
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.
Salary : $25 - $30