Your Role and Impact As a Senior Cost Accountant, you will provide cost accounting expertise and financial insight for Flowserve’s Charlotte, North Carolina facility , with additional support for the regional accounting team in Vernon, California. You will partner with Regional Accounting Leadership, Finance Business Partners, and cross-functional teams to strengthen project costing, inventory accuracy, revenue accounting, and timely financial reporting. Reporting to the Cost Accounting Supervisor, you will support project-based accounting across multiple locations. This role is well suited for an accounting professional with experience in discrete job costing, cost-to-cost percentage-of-completion accounting, SAP, and US GAAP.
Key Responsibilities
- Perform cost accounting, transactional, and general ledger activities, including period-end close, reconciliations, supplemental reporting, and account analysis.
- Analyze sales, margins, inventory, job costs, and project costs; partner with Operations to resolve inventory and cost-related issues.
- Support cost-to-cost percentage-of-completion and point-in-time revenue accounting by providing accurate cost and margin information for project forecasted EAC.
- Participate in project review meetings and evaluate project costs, lower-of-cost-or-market requirements, loss contracts, and related accounting impacts.
- Partner with Project Management, Supply Chain, Manufacturing, Planning, Engineering, and Finance Business Partners to analyze costs and improve business processes.
- Research cost-accounting issues, identify root causes, recommend process improvements, and improve the accuracy of accounting records.
- Support internal and external audit activities, including documentation, explanations, reporting, and compliance with company policies and US GAAP.
- Collaborate with the Business Services Center and regional accounting teams to ensure accurate transactions, reporting, and timely completion of close activities.
Required Qualifications
- U.S. citizenship is required due to potential support of military-related contracts.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Five or more years of relevant cost accounting experience, preferably in industrial manufacturing or a project-based environment.
- Experience with discrete job costing and cost-to-cost percentage-of-completion accounting.
- Working knowledge of US GAAP & ASC 606
- Experience using a tier 1 ERP, advanced Microsoft Excel skills, including PivotTables, XLOOKUP, and complex data analysis.
- Strong analytical, problem-solving, communication, and organizational skills, with the ability to present complex information clearly in a cross-functional environment.
- Ability to manage multiple priorities, work independently, and adhere to reporting deadlines.
Preferred Qualifications
- Advanced degree or professional certification, such as a Master of Business Administration (MBA), Certified Public Accountant (CPA), or Certified Management Accountant (CMA).
- Background in industrial equipment, engineered products, manufacturing, or contract-based operations.
- Knowledge of lower-of-cost-or-market (LCM), loss contracts, inventory accounting, and project EAC forecasting.
- Familiarity with multinational organizations and geographically distributed accounting teams.
- Proficiency with Power Query, Power Pivot, or other Microsoft data-analysis tools.
- Involvement in initiatives that improve financial close timelines, operational efficiency, obsolete and slow moving inventory, rework, scrap, or related performance measures.
What We Can Offer You At Flowserve, you'll find a range of options to fit your, and your family's, needs. We want to provide our team with the right resources to invest in your physical, mental and financial well-being no matter where you sit or what stage of life you're in.
Our benefits include:
- Competitive Salary
- Medical, Dental & Vision Insurance
- Retirement Planning & Financial Wellness Resources
- Flexible Spending Account (FSA) and Health Savings Account (HSA)
- Short- and Long-Term Disability
- Parental Leave
- Life, Supplemental Life, Child, Spousal, and AD&D Insurance
- Benefits vary by job, location and/or collective bargaining agreement. If this sounds like the opportunity that you have been looking for, please click Apply.