Cost Accountant

Reposted 6 Days Ago
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Alcoa, TN, USA
In-Office
Junior
Aerospace • Automotive • Transportation
The Role
The Cost Accountant supports finance functions including planning, forecasting, analysis, and internal control compliance. Responsibilities include monthly reporting, financial modeling, variance analysis, and collaboration with management.
Summary Generated by Built In

Arconic is currently in search of a Cost Accountant to join our Rolled Products North America (RPNA) business unit in Alcoa, TN. Arconic’s Tennessee Operations, is one of the most modern aluminum fabricating facilities in the world. Our plants produce high-quality molten metal and aluminum sheet and are recognized as a world leader in the business. The facility has been located at the Foothills of the Great Smoky Mountains for 100 years and continues to thrive and grow. 

At Arconic, we are looking for people who share our values of integrity, inclusion, and diversity, and who demonstrate agility, results commitment, and the capability to grow themselves and others. In return, we offer the opportunity to Grow Together with ongoing opportunities for professional growth provided by a constantly changing environment, working alongside employees who value the people they work with just as much as the work they do.

The Cost Accountant position will report to the FP&A manager and be responsible in supporting all Plant/ BU finance functions including planning, forecasting, financial analysis, month end close, management reporting, and the financial statements.  The position will also be responsible for executing and maintaining internal control processes to ensure compliance with Arconic Self-Assessment Testing (ASAT) and other internal audit requirements as well as US GAAP and Arconic GRP reporting requirements.

Responsibilities

Primary Responsibilities:

  • Execute key financial processes including – Monthly Closing, Analysis & Reporting, Account Reconciliations, Annual Planning & Monthly Forecasts
  • Review, prepare, and post complex inventory movements in between various inventory categories.
  • Conduct annual review and update of production center standard costs.
  • Execute assigned monthly ASAT requirements – support periodic audits.
  • Provide business modeling to enable/support financial decision to department, location management, and business consolidation.
  • Analyze department spending variations and prepare formal monthly and quarterly variance reports.
  • Work closely with the FP&A manager in the development, review, and submission of periodic financial forecasts, annual operating plans, and longer-term strategic plans.
  • Provide input and analysis to various Location/GRP management meetings and presentations.  Interpret and report financial information in a clear and concise manner.
  • Prepare timely and accurate financial reports, cost analysis, and forecasts.
  • Participate in periodic physical inventories and cycle counts.
  • Provide input to major financial improvement initiatives at the location (DI System)
  • Review monthly financial statements of the location.  Perform assigned account reconciliations.
  • Engage in professional development activities.
  • Drive automation, standardization, and streamlining of financial processes & reporting.
  • Provide input to the CAPEX process – spending analysis, internal control, RFA, PPR

Qualifications

 Basic Qualifications:

  • Bachelor’s Degree in Accounting from an accredited institution
  • Employee must be legally authorized to work in the United States.  Verification of employment eligibility will be required at the time of hire.  Visa sponsorship is not available for this position.

Preferred Qualifications:

  • CPA/CMA certification a plus
  • MBA degree desirable
  • Minimum 1-3 years’ experience in the accounting/finance area of a manufacturing facility
  • Demonstrated experience with US GAAP and Sarbanes Oxley requirements
  • Advanced Excel and PowerPoint skills
  • Practical experience with SAP/Oracle or another ERP software desirable
  • Experience in data base query tools such as MS Access, Oracle Discoverer, or EPM desirable
  • Demonstrated high levels of initiative
  • Self-motivated individual with a strong attention to detail
  • Solid written and verbal communications skills
  • Ability to work with a team and form productive interpersonal relationships with colleagues
 
About Us
Arconic Corporation is a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, that advance the automotive, aerospace, commercial transportation, industrial and building and construction markets. Building on more than a century of innovation, Arconic helps to transform the way we fly, drive, and build. 
We live our core values and commit to delivering sustainable value to our customers, our employees, our communities and our stakeholders. 
At Arconic, we: 
Act With Integrity : We lead with respect, honesty, transparency and accountability. 
Safeguard our Future : We protect and improve the health and safety of our employees, communities and environment. 
Grow Stronger Together : We cultivate an inclusive and diverse culture that advocates for equity. 
Earn Customer Loyalty : We build customer partnerships through best-in-class products and service. 
Drive Operational Excellence : We pursue continuous improvement through innovation, agility, people development and collaboration. 
Create Value : We achieve success by generating and growing value for our stakeholders. 

United States EEO Statement: Arconic Corporation is an equal opportunity employer. We take action to ensure equal opportunity for all applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.

Skills Required

  • Bachelor's Degree in Accounting from an accredited institution
  • Minimum 1-3 years' experience in accounting/finance in a manufacturing facility
  • Demonstrated experience with US GAAP and Sarbanes Oxley
  • Advanced Excel and PowerPoint skills
  • CPA/CMA certification
  • MBA degree
  • Practical experience with SAP or Oracle
  • Experience in database query tools

Arconic Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Arconic and has not been reviewed or approved by Arconic.

  • Fair & Transparent Compensation Pay is considered competitive for similar roles and is often characterized as fair relative to the market, even when other aspects of the experience are mixed.
  • Retirement Support The retirement program features a robust 401(k) design with both company matching and an additional employer contribution, making retirement benefits a standout component of total rewards.
  • Healthcare Strength Core coverage includes medical, dental, vision and life insurance with eligibility beginning on day one for some roles, complemented by an employee assistance program and healthcare navigation services.

Arconic Insights

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The Company
Pittsburgh, PA
4,323 Employees
Year Founded: 2016

What We Do

Arconic Corporation, headquartered in Pittsburgh, Pennsylvania, is a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, that advance the automotive, aerospace, commercial transportation, industrial, packaging and building and construction markets. Keep up with us here to find out how we're helping to advance the automotive, aerospace, commercial transportation, industrial, packaging and building and construction markets.

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