Director - Financial Accounting

Shape Your World

At Alcoa, you will become an essential part of our purpose: to turn raw potential into real progress. The way we see it, every Alcoan is a work-shaper, team-shaper, idea-shaper, world-shaper.

As a leader within Alcoa, you can help us fulfill our purpose and realize our vision to reinvent the aluminum industry. Be part of the team that is helping shape a better workplace with a better work-life balance and the equal opportunities that help everyone thrive. You have the power to shape things to make them better.

About the role:

Alcoa is seeking a Director - Financial Accounting to join the Corporate Controllership team based in the Alcoa Corporate Center in Pittsburgh, PA. The Corporate Controllership team consists of highly qualified CPAs with extensive experience in financial accounting and business matters. Situated next to Alcoa's Executive Team, this is a highly visible role.

This role requires the candidate to leverage their exceptional technical research expertise, outstanding project management skills, and top-notch communication capabilities to provide expert accounting guidance across the global organization and to review the monthly consolidated financial results. This position provides expert accounting guidance to the regions on a variety of complex accounting matters and also oversees the accounting and reporting for the Company's derivatives and embedded derivatives.

The position represents Alcoa's financial and accounting interests in merger, acquisition and divestiture transactions; works closely with Strategy, Corporate Development and Tax teams in evaluating opportunities, designing deal structures and reviewing transaction contracts.

This role will have considerable ongoing interaction with a wide group of stakeholders across the company including Alcoa's Financial Planning & Analysis, Procurement, Commercial, Strategy, Regional Financial Accounting, Legal, Communications, Tax, and Treasury Teams. This role reports to the Vice President, Controller.

Major activities include:

• Utilize strategic thinking to resolve complex global accounting issues and financial transactions including complex commercial contracts, treasury arrangements, restructuring, currency valuation, and other complex matters.
• Manage documentation of accounting positions for review by management and auditors; present complex accounting topics to senior management.
• Oversee the accounting and reporting for the Company's derivatives and embedded derivatives, including evaluation, documentation, accounting and reporting for new derivative strategies.
• Manage accounting and SEC reporting considerations for mergers and acquisitions by reviewing financial information and identifying financial impact of transaction terms, pricing and legal commitments; work closely with Strategy, Corporate Development, Transformation and Tax teams in evaluating opportunities and designing deal structures.
• Analyze monthly and quarterly segment, legal entity and operations level financial results and summarize analysis for senior financial management.
• Assist in preparation and review of quarterly communications on earnings results to the Company's Audit Committee and periodic SEC filings.
• Assist in the review of consolidated financial statements, supporting schedules and disclosures for 10-Q / 10-K filings with the SEC.
• Manage a team of 1-2 talented CPAs who are responsible for technical accounting and reporting research, derivative accounting and monthly financial statement analysis.

What you can bring to this role:

• Bachelor's degree in accounting or finance
• CPA certification required
• Thorough knowledge of US GAAP, including SEC reporting requirements
• Experience with accounting for derivatives and hedging in accordance with ASC 815
• 12+ years of accounting experience, and one of the following:
  • Minimum 4 years of experience in public accounting
  • Minimum 4 years of experience within an external reporting team of a publicly traded manufacturing company
• Master's degree preferred
• Hyperion Financial Management (HFM) and/or Hyperion experience preferred
• Working knowledge of Oracle or equivalent ERP system preferred

What we offer:

• Competitive compensation packages, including pay-for-performance variable pay, recognition and rewards programs.
• 401(k), employer match up to 6%, additional employer retirement income contribution (no vesting period)
• Healthcare benefits: medical, Rx, dental, vision, flexible spending account, health savings account (generous employer contribution), life and accident insurance
• Work-life balance programs: flexible work scheduling, hybrid/remote working
• Paid time off: 15 vacation days prorated in the 1st year based on hire date, 12 paid holidays, 7 illness days, Care for Family leave up to 40 days, up to 5 bereavement days, maximum of 30 jury duty days, and up to 10 days annual training for military leave

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About the Location

Working at the Pittsburgh Alcoa Corporate Center, located on the thriving North Shore of Pittsburgh, allows employees to experience firsthand, whether working virtually or on-site or a hybrid of the two, what being a values-based company means. Through daily interactions with colleagues and exposure to some of the organization's highest-level executives, the office creates an environment in which all employees can develop and contribute to their full potential. Outside of the office, Pittsburgh itself is one of the country's most livable and affordable cities - combining the city feel with small town charm.

We are values led, vision driven and united by our purpose of transforming raw potential into real progress.Our commitments to Inclusion, Diversity & Equity include providing trusting workplaces that are safe, respectful and inclusive of all individuals, free from discrimination, bullying and harassment and that our workplaces reflect the diversity of the communities in which we operate.

As a proud equal opportunity workplace and affirmative action employer, Alcoa is dedicated to providing equal opportunities and equal access to all individuals regardless of a person's gender, age, race, ethnicity, sexual orientation, gender identity, religion, nation of origin, disability, veteran status, language spoken or any other characteristic or status protected by the laws or regulations in the places where we operate.

If you have visited our website in search of information on U.S. employment opportunities or to apply for a position, and you require an accommodation, please contact Alcoa Recruiting via email at gssrecruiting@alcoa.com.

This is a place where you are empowered to do your best work, be your authentic self, and feel a true sense of belonging. Come join us and shape your career!

Your work. Your world. Shape them for the better.