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 dollar company 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.
Effective early February 2016, Berkshire Hathaway, led by chairman and CEO Warren E. Buffet, acquired Precision Castparts Corp. Mr. Buffet stated, “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 has joined Berkshire.”
“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.
PCC Aerostructures now includes more than 35 plants in the U.S, Europe and Asia with over 5500 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, Noranco, Synchronous, and Kalistrut. Plants locations include Washington, Utah, California, Oklahoma, Kansas, Texas, Ohio, Canada, Mexico, the UK and China.
Located in Algona Washington, Primus International - Algona is a leading Tier II Supplier of highly engineered metallic and composite parts, kits, and assemblies to the global aerospace industry. Their key customers are Boeing (737 FED Doors, AOE Doors, and 737 APU Inlets), Airbus (A321 and A330 Doors), and Latacore (Hinges and Supper Hinges). Primus International –Algona specializes in medium to complex titanium machining and structural mechanical assembly.
The Plant Controller has primary responsibility for the management and direction of financial planning, budgeting, procurement, and investment activities of the plant. The Plant Controller manages and supervises staff to ensure the accurate and timely preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
The Plant Controller advises management on short-term and long-term financial objectives; policies and actions; and analyzes financial results, applying accepted accounting methods and controls to budgets; and generates reports on sales, manufacturing costs, profits, etc.
This position achieves success through subordinate supervisors, by ensuring that they have the necessary leadership and tools to achieve success. Ensures subordinate supervisors carry out supervisory duties appropriately.
Responsibilities include hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints, resolving problems and terminating staff.
Decision-making involves significant issues for the department or company, weighing pros and cons of possible actions and determining which action to recommend or take.
• Advise management on short-term and long-term financial objectives, policies, and actions
• Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals
• Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies
• Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns
• Coordinate internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting
• Manage and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals
• Develop and deploy management metrics
• Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations
• Develop and maintain relationships with banking, insurance, and non-organizational accounting personnel to facilitate financial activities
• Partner with Quality to align Directorate goals with Business Quality Management System (BQMS)
• Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards
SKILLS & ABILITIES
• Ability to read, analyze, and interpret scientific and technical journals, financialreports, and legal documents and may write speeches and articles for publication and may present information to top management, public groups, and/or boards of directors
• Ability to exercise sound judgment, customer service-oriented, public speaking ability, effectively communicate to all levels of employees in the company, must be able to learn the business in order to become an effective business partner
• At least 10 years progressive experience in accounting, finance or analytical support position
• At least 2 years in a leadership role
• Bachelors degree in Accounting, Finance, or Business Administration, MBA preferred
• CPA preferred
• Comprehensive knowledge of generally accepted accounting principles
• Strong knowledge of Microsoft Excel, Word & Power Point
• Experience with ERP systems; Syteline preferred