Cost Accountant

Responsibilities

• Work closely with plant operating and other staff personnel in analyzing, interpreting, forecasting and presenting cost and inventory information.
• Recommend improvements on current procedures that ensure administrative simplification and maintain accounting control. Heavy emphasis on continuous improvement activity.
• Assures the proper allocation of inventory costs to products and business.
• Isolates and reports upon exception situations and recommends management action to maximize long-term profitability.
• Coordinates with Production Control Lead and reviews inventory transactions, classification of inventories, assignment of cost and inventory valuation.
• Assist with the physical inventory process and associated reconciliation.
• Prepare, process, review, and distribute a variety of daily / weekly / monthly reports such as production activity(absorption), labor utilization, production variances, aging WIP, overtime, inventory buckets/aging, and excess and obsolete inventory.
• Month-end closing and reporting, including preparation of closing entries, GL account review and analysis, and account reconciliations.
• Completion of Howmet Sarbanes-Oxley requirements for internal controls.
• Drive automation, standardization and streamlining of the financial reporting processes.
• Reconcile general ledger/inventory accounts monthly as required.
• Prepare financial analysis to support business decisions such as cost vs buy (internal vs out-side processing).
• Assist with standard cost rolls/duration rate change analysis and implementation.
• Review standard cost changes for re-cost and impact, along with costing new material master's as they arise. Review for profitability.
• Produce or assist in producing accurate and timely internal/external reporting including reports to Corporate, Business Unit and governmental agencies.
• Partner with manufacturing, engineering, and a variety of other support functions.
• Maintain required financial records in an accurate and timely manner as applicable.
• Perform analysis and summarize results in a meaningful matter.
• Communicate clearly and concisely in both written and oral form.
• Perform special projects or other duties as assigned or requested.
• Comfortable being in plant environment.

Basic Qualifications:

• Bachelor's Degree B.S. Degree in Accounting from an accredited Institution.
• Minimum 1 year of experience in cost accounting
• Excellent analytical skills.
• Intermediate Excel skills (able to perform xlookup, sumifs, pivot tables, tables, etc. for easier and more efficient analysis).

Preferred Qualifications:

• CMA or CPA helpful
• Financial experience working with manufacturing companies.
• Proficient with computer systems and programs (MS-Word, MS-PowerPoint, querying databases, ERP systems. etc.).
• Experience with SAP is preferred

Employees 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.

Howmet Aerospace Inc. (NYSE: HWM), headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. Our primary businesses focus on jet engine components, aerospace fastening systems, titanium structural parts and forged wheels. With $7.4 Billion in revenue in 2024, our products play a crucial role in enabling fuel efficiency and lightweighting, contributing to our customers' success and making a positive impact on the world. To learn more about the way Howmet Aerospace Inc. is advancing the sustainability of our customers, markets, and communities where we operate, review the 2024 Environmental Social and Governance report at www.howmet.com/esg-report. Follow: LinkedIn, Twitter, Instagram, Facebook, and YouTube.