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Financial Accounting Manager - Corporate in Pittsburgh, PA at Arconic

Date Posted: 1/10/2019

Job Snapshot

  • Employee Type:
  • Job Type:
  • Experience:
    At least 3 year(s)
  • Date Posted:

Job Description

Arconic is seeking a Financial Accounting Manager position to join our Financial Accounting Services Group (FAS) in Pittsburgh, PA.
Arconic (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly, drive, build and power. Through the ingenuity of our people and cutting-edge advanced manufacturing techniques, we deliver these products at a quality and efficiency that ensure customer success and shareholder value. 
The primary purpose of the Financial Account Manager is to:
Provide comprehensive general ledger accounting services for all Arconic business groups across North America. The Financial Accounting Manager – Corporate is an individual contributor that will be responsible for the reconciliation, journal entry, financial review, and closing process for corporate headquarter locations. In addition, the role will also work in the following services areas:
Month-end Business Unit General Ledger Closings and related Account Reconciliations and Analysis
  • The position owns the month-end account closing process and serves as the primary point of contact for Arconic’s complex business unit operating locations; ensures accounting procedures are performed according to the department's defined standards and that work is completed by defined deadlines; maintains active and frequent communication with location accounting representatives and business unit personnel and regularly shares this information with team members and supervisor. The position is responsible for solving problems to root cause and ensure compliance with GAAP and Arconic’s Financial Accounting Standards.
  • This position ensures account reconciliations are completed and updated in RST by the 15th of the month and approved in RST by 25th of month.  The reconciliation process includes supervisor and peer review and this position performs and monitors the review process. This position is also expected to revisit the prior period(s) peer review notes for completeness and accuracy and provide feedback when review notes do not meet the department’s defined standards.
Centralized Business Process Ownership and Administration
  • Complexity of general ledger accounting services range from routine, recurring transactions to highly complex business acquisition and divestiture accounting activities.
  • Substantially all routine, recurring transactions and related reconciliations%5C%5Canalysis have been co-sourced to our service provider in Hungary.  However, overall ownership and accountability for service, cost, and quality is retained centrally by Pittsburgh FAS, and more specifically, owned by the Financial Accounting Manager who oversees the services that have been transitioned to Hungary. The Financial Accounting Manager position is the daily liaison between the BU customer and Hungary and is responsible for driving continuous improvement and process standardization.
  • Business processes (BP) with moderate to high complexity transactions and reconciliations%5C%5Canalysis have been centralized in the Pittsburgh office into small BP teams who are wholly responsible for the creation and implementation of all process documentation that clearly delineates responsibilities, defines all tasks and control points within the end-to end business process. 
Compliance and Control
  • This position coordinates and participates in Arconic Self-Assessment Test (ASAT) testing procedures, including the monthly peer review process.  The position monitors adherence to standard operating procedures through every accounting cycle and suggests updates to procedures as needed. 
Major Activities/Key Challenges:
Customer Service and Business Process Ownership and Administration
  • Perform the general accounting functions for complex operating locations, including the coordination of off-shore support team as required
  • Lead high complexity business process teams as assigned by management and actively mentor and develop subordinate team members.
  • Work with BU / location contacts to continuously identify areas of improvement and value creation in all service areas.
  • Develop and maintain expertise regarding GAAP, Arconic’s Financial Management Handbook (FMHB), and other financial reporting rules and requirements.
Closing and Account Reconciliations
  • Ensure locations are closed by 6:00 pm on WD1
  • Complete account reconciliations by the 15th of the month
  • Complete Peer Reviews by the 25th of the month
  • Adhere to the monthly closing check-list process:  monitor throughout the month, review and sign-off at the end of WD1Compliance / Improvement
  • Drive process improvement and standardization utilizing ABS principals
Essential Knowledge & Skills/Education:
  • Expert knowledge of Generally Accepted Accounting Principles
  • Expert knowledge of financial policies and procedures
  • Proven leadership skills, including both face to face and remote interaction with off-shore resources
  • Working knowledge of internal controls
  • Expert computer skills (spreadsheet / data query and manipulation)
  • Expert communication skills (customer relationships / technical writing) +
  • Ability to work with Major Customers


Basic Qualifications:
  • Bachelor's Degree from an accredited institution. (Accounting, business or finance preferred)
  • Minimum of 3 years' experience in an accounting function (A/R, A/P, Credit, GL, or Treasury).
  • 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.
Preferred Qualifications:
  • Master's Degree from an accredited institution or advance certification (MBA, CPA, CMA).
  • Oracle, Hyperion, JD Edwards, or any ERP system experience.
  • Highly Proficient Microsoft Office products Excel particularly, pivot tables, vlookups and macros.
  • Working knowledge of job and process cost accounting theory.