Capital Project Accounting Manager

Posted 3 Days Ago
Be an Early Applicant
Reading, PA
Mid level
Hardware • Other
The Role
The Capital Project Accounting Manager oversees the capital accounting asset program, collaborates with the engineering team, evaluates capital expenditures, prepares budgets, and ensures compliance with financial policies. They provide financial analyses to support project profitability, manage capital project information, and assist in financial forecasting, all while maintaining internal controls and driving cost-saving initiatives.
Summary Generated by Built In

Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels. Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets. Building on its history of innovation, Carpenter’s wrought and powder technology capabilities support a range of next-generation products and manufacturing techniques, including novel magnetic materials and additive manufacturing.

CAPITAL PROJECTS ACCOUNTING MANAGER

THE CAPITAL PROJECTS ACCOUNTING MANAGER WILL . . .

  • Administer the Company’s capital accounting asset program and partner with VP Global Engineering.
  • Maintain a Business Partner relationship with the Engineering Department and Capital Project Managers to: 
    • Prepare or review routine financial and business-related analyses to determine project profitability and practicality including internal rate of return, net present value and payback period.
    • Evaluate potential capital expenditures for expense vs. capital spend, useful lives, fixed asset write-offs and approval workflows.
    • Review capital presentations to be presented at monthly Decision Review Board management meetings. 
    • Provide monthly capital project information, as well as various other financial information, to help manage the capital projects and ensure capital projects are delivered on budget and on time.
    • Gather and input information and support annual capital expenditure budget preparation and monthly forecasting. 
  • Prepare Engineering fixed cost budgets and monitor performance against budget. 
  • Provide adequate controls and safeguards over capital/fixed asset accounting. Liaison with Reading Controller to ensure accuracy and efficiency of various capital accounting processes, including compliance with Sarbanes Oxley provisions and other financial policies and procedures. 
  • May assist in the month end closing process. 
  • Makes recommendation on cost savings opportunities. 
  • Utilizing PC and software, compiles and prepares reports, graphs and charts of data developed.
  • Perform all other duties and special projects as assigned. 

REQUIREMENTS FOR CAPITAL PROJECTS ACCOUNTING MANAGER

  • Four-year college degree in Accounting or Finance required.
  • Three or more years of Finance or Accounting experience including at least two years of management experience. 
  • Provides leadership to managers; may also manage first-level supervisors and/or professional staff.
  • Develops departmental plans including business, production and/or organizational priorities.
  • Decisions are guided by resource availability and department/function objectives. 
  • Ensures a safe workplace.  
  • Promotes ways to improve the quality of life and protect the environment in the communities in which the Company does business. 
  • Accountable for the performance and results of one or more areas or departments. 
  • Applies business and management expertise to achieve financial and operational objectives within or across areas or departments. 
  • Advanced knowledge of accounting standards, practices and procedures. 
  • Advanced knowledge of Sarbanes-Oxley Act internal control requirements. 
  • Expert knowledge of SAP and Hyperion Financial Reporting software. 
  • Eagerness to work directly with capital project teams to understand our capital projects and our operations. 
  • Ability to organize and prioritize tasks and decision-making capabilities. 
  • Excellent project management skills. 
  • Ability to direct and supervise others and objectively evaluate performance. 
  • Ability to train and develop others. 
  • Excellent communication skills (verbal and written) and ability to work independently. 
  • Ability to work under frequently changing priorities. 
  • Excellent analytical skills.

Carpenter Technology Company offers a competitive salary and a comprehensive benefits package including life, medical, dental, vision, flexible spending accounts, disability coverage, 401k with company contributions as well as many other options to employees.

Carpenter Technology Corporation’s policy is to fully and effectively maintain a program of equal employment opportunity and nondiscrimination for all employees, to employ affirmative action for all protected classes, and to recruit and develop the best qualified persons available regardless of age, race, color, religion, sex, gender identity, sexual orientation, marital status, national origin, political affiliation or any other characteristic protected by law. The Company also will recruit, develop and provide opportunities for qualified persons with disabilities and protected veterans.

Top Skills

Accounting
Finance
Hyperion
SAP
The Company
HQ: Philadelphia, PA
2,112 Employees
On-site Workplace

What We Do

Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels. Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other sectors.

Building on its history of innovation, Carpenter’s superalloy and titanium powder technologies support a range of next-generation products and manufacturing techniques, including additive manufacturing or 3D printing.

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