Senior Manager, Financial Transactions & Policy in Pittsburgh, PA at Arconic

Date Posted: 12/30/2019

Job Snapshot

  • Employee Type:
  • Location:
    201 Isabella Street
    Pittsburgh, PA
  • Job Type:
  • Experience:
    At least 7 year(s)
  • Date Posted:

Job Description

Arconic Inc. (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.
In the first half of 2020 Arconic will separate into two stand-alone industry-leading public companies.  Each will have significant global reach.  To learn more about this exciting transformation, visit our website.
Arconic is currently in search of a Senior Manager, Financial Transactions & Policy to join the Financial Accounting department in Pittsburgh, PA.
The position, which is based at the Arconic Corporate Center on the North Shore in Pittsburgh, PA, reports to the Director of the group and is part of the Controllership organization.
The Financial Accounting (FA) department is responsible for assisting Arconic’s Business Units and Corporate Resource Units with addressing complex accounting issues and developing accounting policies for Arconic worldwide.  Also, the FA department performs financial analysis and represents Arconic's financial and accounting interests associated with acquisitions and divestitures.
This position is accountable for complex accounting, reporting, analysis and audit activities to ensure the accurate and timely reporting of Arconic’s financial results for both internal and external purposes. The candidate would be required to analyze and evaluate accounting policies and transactions; analyze, test and report financial data; and participate in the preparation of financial and management reports for use by senior level management. The candidate would also be required to add interpretive value and context on accounting matters through consulting with Business Unit and Resource Unit management.
Major Activities/Key Challenges
  • Evaluating, documenting and concluding on complex accounting issues and financial transactions identified/ proposed by Resource Unit, Business Unit and operating location personnel.
  • Developing and implementing procedures for new accounting pronouncements and developing global accounting and reporting standards.
  • Provide oversight, maintain and update the Arconic accounting policy manual which is used by both financial and nonfinancial personnel.
  • Analyzing monthly financial results of legal entities and summarizing findings for review by executive management.
  • Assisting with the preparation and review of public and non-public financial filings and quarterly earnings materials.
  • Managing ongoing relationships with personnel within an assigned Business Unit customer base and within the various Resource Units.
  • Assisting Business Unit and Resource Unit personnel in evaluating potential acquisition and divestiture targets. This will include performing the financial due diligence and providing guidance in developing assumptions, values and forecasts used in business valuations and will also include representing Arconic's financial and accounting interests by providing input on deal structures, terms, and legal commitments.
  • Working with our external auditors to ensure appropriate accounting conclusions and strong internal controls are maintained.


Basic Qualifications:
  • Bachelor’s Degree in Accounting, Finance, Economics, or Business Administration/Management from an accredited college/university.
  • Minimum of 7 years' financial accounting work experience.
  • CPA certification.
  • 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 in Accounting or Business Administration from an accredited institution.
  • Strong communication and technical writing skills.
  • Work experience in a national public accounting firm.
  • Extensive knowledge of accounting under U.S. Generally Accepted Accounting Principles (GAAP) and SEC reporting requirements, as well as introductory knowledge of International Financial Reporting Standards.
  • Experience with implementing new U.S. GAAP accounting standards such as the recent revenue recognition or lease accounting standards
  • Technical expertise in a broad range of U.S. GAAP accounting areas including but not limited to pension and other postretirement benefits, revenue recognition, impairment of long-lived assets, goodwill valuations, inventory (including cost accounting) and restructuring.
  • Knowledge of due diligence objectives and procedures and experience working on acquisitions and divestitures.
  • Experience with internal controls and Sarbanes-Oxley requirements.
  • Ability to manage multiple projects at the same time.
  • Ability to explain technical concepts to non-financial individuals.