Cost Accounting Supervisor
Flowserve Corporation
Company Overview:
If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!
Role Summary:
Supervise Regional Cost Accounting Team and provide cost accounting support and expertise to Finance Business Partners and leadership for multiple sites (locations) and Platforms (divisions), providing insight, consultation and governance over the cost accounting model.
Responsibilities:
- Supervise Regional Cost Accounting Team, prioritizing and planning team activities, responsibilities and accountabilities
- Focus on Team-, Process- and Efficiency-improvement, identifying issues and bottle-necks and propose changes to improve
- Support the Regional Accounting Manager and Finance Business Partners in the calculation of standards, rates and/or costing standards and analyze impacts in the product cost
- Inventory accounting (physical cycle counts audits and variances identifications and registration, ensure proper classification of inventory and material and purchasing rates verification and calculation)
- Research, troubleshoot, and answer complex questions and advise the Finance Business Partner organization on cost model issues (including In and Out margins analysis, participates and supports project reviews, support special costing projects for customer quotations, productivity, efficiency and utilization analysis, etc.)
- Explore and analyze root causes of any cost model or business finance issues and propose policy or process changes to improve work moving forward
- Identify cost incurred and participate on Project Status Review in order to obtain information to be used on Revenue accounting records and calculations for both Percentage-of-Completion and Point-in-Time projects
- Review Low Cost Margin on products and projects, review the Excess and Obsolete reserve, analyze and comply with Warranty and Capitalization of Manufacturing Variances policies, and their accruals are accounted properly and timely
- Provide actual information to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects forecast.
- Other duties as assigned.
Requirements:
- Five or more years relevant supervisory and cost accounting experience at industrial manufacturing companies
- Percentage of Completion (POC) accounting experience preferred
- Experience in project based organization
- Accounting Degree
- Knowledge of USGAAP is a plus (specially ASC606 or IFRS15)
- Good research and issue resolution skills; Proactive attitude
- Ability to assess and recommend solutions for assigned projects
- Ability to prioritize, plan, perform and communicate team activities both in written and verbal form
- English language skills in written and verbal form
- Knowledge of SAP, Oracle and/or BPC is a plus
- Ability to work remotely in a decentralized matrix organization
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000+ customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.
Req ID : R-18818
Job Family Group : Finance & Accounting
Job Family : FA Accounting
EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision
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