Precision Castparts Corp. Staff Accountant in North Hollywood, California
Precision Castparts Corp. (PCC) is a leading worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, and forged components used in jet aircraft engines and industrial gas turbines. The Company is also a leading producer of highly engineered, critical fasteners for aerospace and other general industrial markets, manufactures extruded seamless pipe, fittings, forgings, and clad products for power generation and oil & gas applications, and supplies metal alloys and other materials to the casting and forging industries. PCC is a high quality business with dominant positions in most segments of the markets in which it serves. The company has a history of superior earnings growth and was the fourth best performing stock in the S&P 500 during the last decade, up 1580%.
Headquartered in Portland, Oregon, this over $10 billion publicly traded company (NYSE: PCP) employs more than 29,500 people worldwide. PCC has over 160 plants and has a presence in twenty-six states in the US and in over a dozen countries. PCC is relentless in its dedication to being a high-quality, low-cost and on-time producer; delivering the highest value to its customers and shareholders while continually pursuing strategic, profitable growth.
On August 8, 2015 the boards of directors of Berkshire Hathaway Inc. and Precision Castparts Corp.) have unanimously approved a definitive agreement for Berkshire Hathaway to acquireall outstanding PCC shares. “I’ve admired PCC’s operation for a long time. For good reasons, it is the supplier of choice for the world’s aerospace industry, one of the largest sources of American exports. Berkshire’s Board of Directors is proud that PCC will be joining Berkshire,” said Warren E. Buffett, Berkshire Hathaway chairman and chief executive officer.
“We are very pleased to be joining forces with Berkshire Hathaway,” said Mark Donegan, PCC’s chairman and chief executive officer. “We see a unique alignment between Warren’s management and investment philosophy and how we manage PCC for the long-term. We believe that as part of Berkshire Hathaway, PCC will be exceptionally well-positioned to support our customers’ needs into the future. This transaction offers compelling and immediate value for our shareholders, and allows PCC’s employees to continue to operate in the same manner that has generated many years of exceptional service and performance to our customers.”
PCC Aerostructures is a leading supplier of complex components and assemblies to the global aerospace industry.
Fueled by several acquisitions since 2011, PCC Aerostructures now includes plants in the U.S, Europe and Asia with over 6500 employees and has ambitious growth plans. Businesses within PCC Aerostructures include Primus International, SPS Aerostructures, Centra, Avibank and AVK, Klune, ProCoat, Southwest United Industries, Progressive Incorporated, Synchronous and Noranco. Plants locations include Washington, Utah, California, Oklahoma, Kansas, Texas, Ohio, Canada, Mexico, the UK and China.
Job Tasks and Responsibilities
Assist with month end closing processes, maintain the general ledger, generate monthly journal entries and reconcile accounts
Reconcile and confirm inter-company transaction balances on a monthly basis and post adjustments as necessary.
Review and approve positive pay electronic file transmissions.
Review and post payroll runs and related tax filings
Manage fixed assets including capitalizations, disposals, monthly depreciation, federal depreciation, and researching appropriate accounting treatment of complex transactions related to fixed assets.
Prepare and file taxes and external reporting including but not limited to L&I reporting, B&O taxes, 1099 reporting, property taxes, and census reports.
Participate in adhering and auditing SOX requirements.
Provide audit support through the generation of timely, accurate schedules and documents.
Provide support to Finance clerical staff and assist in resolving issues that arise in these areas with minimal supervision
Create and maintain adequate and appropriate procedural documentation.
Assist with government, and financial statement audits
Ad hoc projects including analysis and interpretation of data, policy and procedure creation and modification, variance and trend analysis, and general department innovation
Job Tasks and Responsibilities
4 year degree required
3+ Years Accounting in Manufacturing experience required
Prior SOX process management experience
Experience with ERP Systems
Advanced Excel Skills
Requisition ID: 172938.4