Cost Accounting Anylyst

Cost Accounting Analyst

Position Summary: The Cost Accounting Analyst is responsible for analyzing, tracking, and reporting on costs associated with production, operations, and business activities. This role supports strategic decision-making by providing insights into cost efficiency, variance analysis, and financial performance. The ideal candidate has strong analytical skills, attention to detail, and a solid understanding of accounting principles. Duties entail:

Primary Duties and Responsibilities:

1. Analyze and monitor standard costs, actual costs, and variances.
2. Prepare and maintain cost accounting records, reports, and reconciliations.
3. Conduct variance analysis (material, labor, overhead) and provide actionable insights.
4. Assist in the development and maintenance of standard costing systems.
5. Support monthly, quarterly, and annual financial close processes.
6. Collaborate with operations and supply chain teams to understand cost drivers.
7. Perform inventory analysis, including valuation and reconciliation.
8. Identify opportunities for cost savings and process improvements.
9. Prepare financial models and forecasts related to cost structures.
10. Ensure compliance with internal controls, accounting standards, and company policies.

1. Provide support to Finance staff and assist in resolving issues that arise in these areas with minimal supervision
2. Assist in Sarbanes Oxley compliance activities. Learns SOX Corporate requirements and maintains records to comply with said requirements
3. Other duties and projects as assigned to meet department/facility goals.

Required Skills:

• Team player with a proactive, positive attitude and a strong sense of self-motivation, accountability, and responsibility.
• Ability to analyze financial data, identify and explain variances to forecast, use the analysis to forecast going forward
• Ability to manage multiple tasks and changing priorities using strong organization and prioritization skills.
• High degree of integrity while working with confidential information discreetly and appropriately.
• Strong analytical and problem-solving skills with an emphasis on attention to detail balanced with a big picture focus.
• Comprehensive knowledge of GAAP.
• Ability to read, understand, and interpret financial data with an understanding of GAAP and regulatory requirements as well as company policies, procedures and internal controls.
• Ability to identify and research accounting issues independently and communicate conclusions effectively both verbally and in written form.

Education and Experience:

• Bachelor's degree in Accounting, Finance, or a related field.
• 2-5 years of experience in cost accounting, financial analysis, or related role.
• Strong knowledge of accounting principles (GAAP/IFRS).
• Experience with ERP systems (e.g., SAP, Oracle, NetSuite) preferred.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, data analysis).
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication and interpersonal abilities.
• CPA, CMA, or progress toward certification.
• Experience in manufacturing or product-based environments.
• Familiarity with cost accounting systems and inventory management.

Physical Demands:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Must be eligible to work in the US without sponsorship

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.