Controller

Location Profile:

Located in Wilder, KY and founded in 1946, Andrews Laser Works specializes in the fabrication of complex assemblies from inconel, steel, aluminum, and titanium sheet with a core competency in aero engine brackets and components. Utilizing laser cutting, machining, forming, stamping, welding, & assembly processes, the company transforms sheet metal into complex, tight-tolerance brackets for aircraft engines. With an ever-changing aerospace industry in which customers continually ask suppliers to integrate and innovate, Andrews Laser Works is responding to the challenge.

Position Summary:

A key member of the plant management team, this position is the focal point for financial planning and analysis, cost accounting and profit and loss statement control. This position reports directly to the General Manager with a dotted line to the Division Controller, assuming the responsibility of the integrity of plant financial reporting and internal controls. Although a leadership role, this position is a hands-on, working manager function with individual contributor requirements as well as leadership and management responsibilities.

Primary Duties & Responsibilities:

• The position reports directly to the General Manager, with a dotted line financial reporting relationship to the Division Controller. The Controller manages a staff of 4 who are responsible for financial-G/L accounting (1), cost/operations accounting (1), and IT (2).
• The Controller is responsible for all financial aspects of the business and must ensure compliance with all PCC Corporate Policies and Procedures, Generally Accepted Accounting Principles, and Sarbanes-Oxley (SOX) requirements.
• The Controller is responsible for all financial statements, internal and external audits, budgets, forecasts and strategic business plans, and must coordinate with Division and Corporate finance to achieve the goals and objectives of the business.
• Oversee daily operations of the Accounting Department. Controls and monitors all company assets including inventory and fixed assets through cycle counting or other audit methodologies.
• Establishes or recommends to senior management major economic strategies, objectives and policies for the company. Acts to link/align the major business functions to profitability, growth and cash flow.
• Prepares timely and comprehensive reports including analysis of financial data, statements, and audits covering sales, earnings, profits, working capital, cash balances and other financial metrics based on past, present and expected operations.
• Manages preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justifications. Monitors approved budgets on a monthly basis, providing guidance and assistance, where needed, to management.
• Assists sales/marketing and manufacturing functions in matching financial capability of company assets and resources to the forecast for sales/shipments as well as analyzing margins and recommending actions to improve items not meeting overall objectives of company.
• Manages financial and SOX audits with internal and external auditors and provide recommendations for procedural improvements.
• Acts as business unit Ethics Officer regarding compliance with Sarbanes-Oxley requirements and oversees all internal controls.
• Assists management with negotiation and review of Long-Term Agreements with customers.
• Serves as advisor to and strategic partner with the General Manager of the business, assisting in most decisions related to forecasts, key position hiring, new initiatives to exploit potential profit improvement opportunities, setting of plant policies and procedures, and other avenues in pursuit of operational excellence.
• Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures. Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
• Leverage strengths of the current Finance team members, help to clarify roles and responsibilities and develop and implement training programs to maximize and reach optimal individual and organizational goals.
• Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.
• Other duties as assigned.

Required Skills and Experience:

• Strong background in product cost accounting (standard cost system) and experience in plant accounting/finance systems including strong understanding in the use of Excel.
• GAAP and Sarbanes-Oxley knowledge is required. Track record of improving internal controls highly valued.
• Exceptional analytical abilities and understanding of accounting and finance issues in a manufacturing environment.
• Ability to analyze financial data and prepare financial reports, statements and projections. Working knowledge of short- and long-term budgeting and forecasting, rolling budgets, and profitability and variance analysis.
• A proactive, hands-on strategic thinker, with solid problem solving skills, which allows for strategic data interpretation vs. simple reporting.
• Experience presenting to highest levels of management with confidence and precision.
• Solid, overall business acumen and a strong mindset for continuous improvement.
• Attention to detail and an attitude of 100% compliance with all company and regulatory requirements.
• Work requires verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.
• High energy level and ability to work flexible hours.

Desired Skills:

• CPA/CMA
• MBA preferred

Education/Certifications:

• BS or BA in Accounting or equivalent.
• Minimum of 10 years Accounting/Finance experience
• 3-5 years as the financial leader in a manufacturing environment with full responsibility for the books and records.
• Prefer experience as a financial leader at a publicly traded company.

Travel Requirements:

• Occasional travel for meetings required (<10%)

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.