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Assistant controller • west covina ca
Assistant Controller
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Howmet Fastening Systems (HFS) is seeking an Assistant Controller for our aerospace fastener plant in City of Industry, CA . The Assistant Controller supports the Plant Controller in the direct supervision of the day-to-day general accounting functions and coordination month end closing process, and daily / weekly monthly financial reporting. Assist in the development of financial plans and forecasts, and the analysis of operational results. Prime day-to-day responsibility will be cost accounting; monitor and report inventories, standard cost revisions and the operating budget will be key responsibilities.
Howmet Fastening Systems (HFS) holds the number one global position in aerospace fastening systems, and we’re the North American leader in commercial transportation fasteners. Our high-tech, multi-material fastening systems are found nose to tail on aircraft and aero engines. Our products are also critical components of industrial gas turbines, automobiles, commercial transportation vehicles, and construction and industrial equipment. Headquartered in Torrance, CA; we employ over 6,000 people in 11 countries at 32 locations. HFS is a business unit of Howmet Aerospace (NYSE : HWM).
Join Howmet and join a network of people who are passionate about industry-changing technology that advances the world. You’ll have the opportunity to work with leading global companies that operate in world-changing industries—such as aerospace, automotive, building and construction, defense, and commercial transportation. It’s not just a job. It’s a career and a path to the future. You’ll be part of a diverse culture of learning, teaching and mentorship. Howmet is fully committed to developing people : providing employees with the resources, and learning and development opportunities they need to excel and build a career.
Specific Responsibilities Include :
- Assist with General Accounting functions such as financial reporting, fixed assets management, inter-company accounting, and daily expense analysis.
- Assist with month end closing including preparing and posting of journal entries and reconcile monthly ledger accounts and help establish accounting policies and procedures.
- Assist in monitoring and managing Raw material, Work-in-process, and Finished goods inventory.
- Assist establishing and monitoring standard cost for each product and monitor MRP reports like Inventory, cost absorptions and variances. Manage and analyze standard costs, BOM and routers.
- Assist in the preparation of the monthly business review and Business Unit Staff meeting packages.
- Assist in financial, internal, and governmental audits to maintain compliance.
- Perform a monthly testing of internal controls including SOX controls using Audit and self-assessed tools (ASAT) to ensure compliance with corporate standards and document observations using an online portal called Audit and Self-assessment portal (ASP)
- Assist controller in monthly / quarterly / annually forecasting / budgeting as needed.
- Assist controller to monitor and analyze Key Performance Indicators (KPI) and Key Financial Indicators (KFI) to identify operational processes inefficiencies and recommend necessary improvements.
- Provide budget and project analysis for capital expenditure. Assist controller with financial payback and ROI analysis on capital projects as well post-implementation project review on completed projects.
- Participate in the company's continuous improvement projects to assist in identifying opportunities and implement cost-saving objectives.
- Assist on special projects for plant, division & corporate management.