Cost Accountant
12751
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.
Conducts studies that provide detailed information regarding the costs of business activity, such as raw material purchases, inventory, labor, etc. Analyzes changes in product design, raw materials, manufacturing methods, rate schedules, or services provided to determine effects on costs. Compares factors affecting prices and profitability of products or services.
Essential Functions
- Identify unfavorable & favorable purchase price and material variances.
- Verify standard cost.
- Forecast annual and life of program variance impact.
- Filter the pricing from the Sales department to insure margin performance goals
- Identify & verify low margin performing PN's - Analyze mix impact lower of cost or market analysis.
- Forecast future monthly and quarterly margins (Material/OP/EBIT).
- Add new parts to Cost Data Base - Cost using Router & BOM's from Engineering.
- Target low margin PN's with specific area of cost identified for cost reduction.
- Support Pipeline group by providing cost/ benefit analysis.
- Annualize variances and develop corrective action.
Education requirements
BA/BS Business/Accounting/Finance/Economics/Business
Required Work Experience –
- 2-year minimum experience developing Standard Cost in a manufacturing environment.
- Experience with BDM & Router Development, COGS, margin analysis, variance reporting, Oracle experience. Pricing & Margin Review, Pipeline Cost Reduction Tracking & Targeting.