Manager of Compliance and Accounting, AES in Cleveland, OH at Arconic

Date Posted: 10/24/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    East 201st Street
    Cleveland, OH
  • Job Type:
  • Experience:
    At least 5 year(s)
  • Date Posted:
    10/24/2018

Job Description

Arconic Engineered Structures (AES) is seeking a high-level finance/accounting leader to become the Manager of Financial Compliance and Accounting for the AES Business Unit. The position is primarily responsible for all functional accounting and control activities for the Business Unit and reports to the Director of Global Compliance. This position serves as liaison between all levels of management in Operations, Business Unit level, Company Corporate Compliance teams and Company Internal Audit Department. The successful candidate will be able to collaborate across functions and help drive business initiatives with accurate financial planning, tracking and reporting.

Arconic Engineered Structures (AES) serves the global aerospace and automotive markets with the most specialized engineering, highest quality, and the greatest breadth and depth of forgings and extrusions. Our vertically integrated capabilities and deep materials science expertise in aluminum and titanium structural casting is taking the industry to new heights. This BU is also home to our suite of direct and hybrid additive offerings. Headquartered in Cleveland, OH; AES employs 6000 people in 6 countries at 30 locations. AES is a business unit of Arconic (NYSE: ARNC).
 
Compensation:
Strong base salary plus variable compensation bonus structure
Generous Health Benefits beginning day 1; medical, life, dental and vision plans
401(k) Program with a Company Match (up to 6%)
Retirement contribution (3%)
Competitive annual vacation accrual
10 annual paid holidays
 
Profile: The Manager of Financial Compliance and Accounting, AES will support the Arconic Engineered Structures Business Unit’s 31 locations globally, relative to Company Compliance initiatives including but not limited to Finance, Anti-Corruption, Sarbanes-Oxley section 404 controls (SOX), Ethics and Compliance, Legal Compliance and all aspects of Company Internal Controls and Audits for the Business Unit as well as act as the manager of accounting process for AES headquarters.
 
Essential Functions: The Manager of Compliance and Accounting, AES position includes both creation of strategic vision, and tactical management including execution, examples include but are not limited to:
 
Compliance Key Responsibilities
  • Develop and manage processes to ensure compliance with Arconic Self-Assessment Testing (ASAT) and other internal and external audit requirements, as well as US GAAP and Arconic reporting requirements. 
  • Coordinate completion of ASAT and Action Plan follow up, including assistance and training on the completion of the ASAT, internal controls and Arconic systems and processes.
  • Develop, coordinate and execute internal reviews for all AES locations as well as pro-actively providing support and review for locations on target for audits.
  • Serve as BU SPA to Company global compliance initiatives and assist technical personnel in translating ASAT and intermediary requirements into actionable tasks and milestones both internally and audit assessed.
  • Work with colleagues to rationalize and standardize compliance activities and support shared services compliance assistance from Hungary. 
  • Provide an objective and professional evaluation of internal control systems and assist in the development of strong internal cost control systems to ensure that risks are mitigated.
  • Perform segregation of duties reviews for Oracle, SAP and legacy systems and maintain annual review of business cases.
Accounting Key Responsibilities
  • Manage the AES headquarters entities closing and forecasting, in accordance with US GAAP and Arconic policies.
  • Collaborates with AES headquarter functions on labor costs, headcount, planning, and forecasting.
  • Consolidate BU wide monthly account reconciliations, month end reporting requirements and manual journal entry reviews.
  • Collaborate and support management of HQ Variable Compensation Plans; Performance Pay, Incentive Compensation, Long-Term Incentives.  
Knowledge/Skills/Abilities
  • Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Mastery of Technology Skills — Accounting and Finance software: Hyperion, Oracle E-Business Suite, SAP; Spreadsheet software: Microsoft Excel; Office Suite software: Microsoft Office
  • Administration and Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Law and Government — Knowledge of laws, legal codes, government regulations, executive orders, and agency rules.
  • Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Leadership — Job requires a willingness to lead, take charge, and offer opinions and direction.
  • Monitoring — Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  • Time Management — Managing one's own time and the time of others.
  • Problem Sensitivity — The ability to tell when something is wrong or is likely to go wrong.
  • Dependability — Job requires being reliable, responsible, and dependable, and fulfilling obligations.
  • Integrity — Job requires being honest and ethical.
  • Stress Tolerance — Job requires accepting criticism and dealing calmly and effectively with high stress situations.
  • Systems Evaluation — Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
  • Disciplined Execution — Job requires partnering with the Operations team through daily execution of the financial plan. When required, he/she will need to be able to dive into details to ensure financial success.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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Qualifications

Basic Qualifications:
  • Bachelor’s degree in Accounting or Finance from an accredited institution.
  • Minimum 5 years’ experience in a Finance or Accounting role.
  • Minimum 3 years' experience in an Internal Audit, External Audit or Compliance Role.
  • Minimum 2 years' experience leading or managing teams.
  • 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.
  • This position is subject to the International Traffic in Arms Regulations (ITAR) which requires U.S. person status. ITAR defines U.S. person as an U.S. Citizen, U.S. Permanent Resident (i.e. ‘Green Card Holder’) Political Asylee, or Refugee.  
Preferred Qualifications:
  • Master of Business Administration (MBA), Certified Public Accountant (CPA) and/or consulting experience highly desirable.
  • Must be capable of global travel up to 50% globally.  Weekend travel and work and participation in conference calls and meetings during late night/early morning hours may be required occasionally.