Cost Accountant in Alcoa, TN at Arconic

Date Posted: 3/29/2024

Job Snapshot

Job Description

 ABOUT TENNESSEE OPERATIONS

Tennessee Operations is located 3 hours North of Atlanta, GA; 2.5 hours East of Nashville, TN; and 4 hours West of Charlotte, NC. 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. 

​​​​​​​ABOUT ARCONIC

Arconic Corporation (NYSE: ARNC) 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 shareholders.

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. 

Arconic is currently in search of a Cost Accountant to join our Global Rolled Products (GRP) 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.

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

 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:

  • Bachelor’s Degree in Accounting from an accredited institution
  • 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