What are the responsibilities and job description for the Controller position at Precision Castparts?
Summary
The Controller will be responsible for the overall financial management and control for the plant. This business leader will partner with the Leadership Team to maximize EBIT and optimize Operating Working Capital requirements by achieving maximum return on financial assets and growing revenue through internal growth and additional market penetration opportunities.
Essential Functions
EDUCATION AND EXPERIENCE
PHYSICAL DEMANDS – MUST BE ABLE TO FREQUENTLY REMAIN IN A STATIONARY POSITION. MUST BE ABLE TO OCCASIONALLY MOVE ABOUT INSIDE THE OFFICE TO ACCESS FILE CABINETS, OFFICE MACHINERY, ETC. CONSTANTLY OPERATES A COMPUTER AND OTHER OFFICE PRODUCTIVITY MACHINERY, SUCH AS A CALCULATOR, COPY MACHINE, AND COMPUTER PRINTER. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS.
WORK ENVIRONMENT – WORK PRIMARILY IN A CLIMATE CONTROLLED ENVIRONMENT WITH MINIMAL SAFETY/HEALTH HAZARD POTENTIAL. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS.
The Controller will be responsible for the overall financial management and control for the plant. This business leader will partner with the Leadership Team to maximize EBIT and optimize Operating Working Capital requirements by achieving maximum return on financial assets and growing revenue through internal growth and additional market penetration opportunities.
Essential Functions
- Prepare monthly, quarterly and annual P&L consolidations and financial reporting consistent with GAAP and PCC Policy.
- Ensure accuracy and timeliness of financial analyses for significant transactions, and major capital expenditure proposals; present leadership team with a clear and concise review of current and projected operating results.
- Assess and upgrade finance organization as needed to meet the changing needs of the business. Exercise strong leadership skills including communications and teamwork between finance, operating groups, division and corporate staff.
- Provide leadership to strengthen internal control environment and maintain SOX section 404 compliance.
- Partner with the General Manager and other members of the leadership team; provide advice and counsel on a wide range of issues facing the business.
- Facilitate timely development of financial plans, including sales, profits, capital spending, standard cost, cash flow and balance sheets. Proactively assess key assumptions underlying operating plans; identify major risks and opportunities and compare to management expectations.
- Manage assets, revenue chain, credit & collections, and cash. Identify and pursue opportunities for reducing working capital.
- Support sales through and review of quotes consistent with corporate profit objectives.
- Refines and maintains the integrity of the plant’s standard cost system.
- Coordinate with internal and external auditors to ensure efficient reviews of financial data and controls.
- Accomplishes all tasks as appropriate.
EDUCATION AND EXPERIENCE
- B.S. degree required. MBA/CPA preferred.
- Minimum 10 years financial management experience in progressively responsible positions within multi-unit/cultural manufacturing organizations; a demonstrated track record of accountability and achievement.
- Strong skills and knowledge of accounting theory and application of financial principles (GAAP) and experience operating within a SOX compliant environment.
- Demonstrated track record of financial control and analysis within a complex manufacturing environment.
- Working knowledge of ERP; ability to recommend changes and upgrades to meet the needs of the business.
- Strong managerial presence that reflects a participative, pro-active, hands-on operating style requiring a high energy level and tolerance to tight deadlines.
- Communication skills
- People development
- Problem solving
- Innovation
- Planning and organization skills
- Strategic thinking
- Values and Ethics
- The Company retains the right to change or assign other duties to this position.
PHYSICAL DEMANDS – MUST BE ABLE TO FREQUENTLY REMAIN IN A STATIONARY POSITION. MUST BE ABLE TO OCCASIONALLY MOVE ABOUT INSIDE THE OFFICE TO ACCESS FILE CABINETS, OFFICE MACHINERY, ETC. CONSTANTLY OPERATES A COMPUTER AND OTHER OFFICE PRODUCTIVITY MACHINERY, SUCH AS A CALCULATOR, COPY MACHINE, AND COMPUTER PRINTER. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS.
WORK ENVIRONMENT – WORK PRIMARILY IN A CLIMATE CONTROLLED ENVIRONMENT WITH MINIMAL SAFETY/HEALTH HAZARD POTENTIAL. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS.