Manager, Consolidation Accounting at Alcoa USA Group

Posted in General Business 2 days ago.

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Type: Full-Time
Location: Pittsburgh, Pennsylvania

Job Description:

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products, with a strong portfolio of value-added cast and rolled products and substantial energy assets. Alcoa is built on a foundation of strong values and operating excellence dating back nearly 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since inventing the aluminum industry, and throughout our history, our talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability and stronger communities wherever we operate.

Alcoa Corporation is seeking a Manager, Consolidation Accounting to join the Corporate Finance team. Reporting to the Manager, Corporate Consolidations and working closely with resources in Financial Accounting, Financial Planning & Analysis and Global Financial Services (collectively Corporate Finance), this dynamic role offers an exciting opportunity to support Alcoa's financial closing, consolidation, financial statement preparation, and joint venture reporting. This role will have considerable interactions with all levels of the organization, including Alcoa’s Controller and Operations Controllers and their finance teams in our global locations.

You will be focused on leading critical processes and accounting matters across the global organization. We are seeking a person of high energy and motivation; someone who can become passionate about the business and instill that passion in those around them; drive change rapidly and effectively; a person who understands the importance of building networks to facilitate desired outcomes; can effectively lead up, down and across the organization to drive solutions. The ideal candidate will learn Alcoa’s processes quickly and will become a subject matter expert, eventually suggesting improvements that increase the efficiency of the closing process.

This is an individual contributor role but does provide the opportunity for people leadership in the future.

Major Activities include:

  • Support Alcoa’s monthly close process: process system consolidation cycles per the closing schedule; prepare month end reconciliations and checks; respond to Operations finance team inquiries; assist with closing issues/requests.

  • Manage the cash flow consolidation and associated reporting during month end closing. Prepare journal entries and reconciliations, research and resolve issues, and lead review process with Financial Accounting personnel.

  • Develop and maintain a good understanding of both external and internal reporting and the underlying accounting principles. The individual in this position is expected to develop a good working knowledge of both areas since they will be handling requests from users in both reporting groups.

  • Prepare financial statements for Alcoa’s largest joint venture as well as the Alcoa foundation ; participate in the annual audits.

  • Partake in team internal self-assessment testing, quarterly closing external audit requests, and annual external audit activity.

  • Coordinate with External Reporting to review and adjust current accounting and disclosure practices within the consolidation system, applying generally accepted accounting principles.

  • Coordinate with Financial Accounting to ensure that discontinued operations, acquisitions and divestitures are recorded appropriately, which includes both system set up configuration and journal entries.

About you:

Our values – act with integrity, operate with excellence, care for people – are at the foundation of everything we do. To be successful in this role and to play a part in our ongoing success we desire the following background:

  • Bachelor’s degree in accounting

  • Demonstrated experience in an accounting or finance role

  • Basic knowledge of U.S. GAAP

  • Proficiency in Hyperion Essbase, HFM, or Oracle ERP preferred

  • Proficient in Microsoft Office applications

  • Ability to thrive in a fast-paced environment while balancing multiple priorities

Preferred Qualifications:

  • Thorough knowledge of US GAAP

  • CPA certification

  • Prior experience with cash flow reporting and external reporting

  • Experience in functional ownership of a corporate consolidation system

To support our teams and their families beyond the workplace, Alcoa provides an outstanding benefits package effective day one of employment! In addition to medical benefits, we offer structured work-from-home programs, employee resource group opportunities, 401K options and a first-rate vacation plan for valuable work-life balance.

Alcoa encourages applications from women, people of diverse backgrounds and those with different skills and life experiences. Alcoa is proud to be an equal opportunity workplace and is an affirmative action employer.