Budapest, Hungary
10 days ago
Cost Accountant

Role summary:

This role is responsible for ensuring full compliance with Flowserve policies, US GAAP, SOX requirements, and local statutory regulations while upholding the company’s Code of Business Conduct. The position executes monthly close and reporting activities, ensuring accurate, complete, and timely financial data submission in line with corporate deadlines. Key responsibilities include cost and margin analysis, standard cost roll processes, valuation adjustments, project reviews, and preparation of supplemental and site analytics reports. The role works closely with finance business partners to support forecasting, variance analysis, and continuous process improvement initiatives. In addition, the position contributes to and leads finance-related projects, proactively identifies issues, and supports business needs in a dynamic manufacturing environment.

Your role:

Ensure compliance with Flowserve policies, US GAAP, SOX and local statutory laws and regulations and that business is conducted within Flowserve ethical Code of Business Conduct.

Execute the monthly closing and reporting procedures for the assigned reporting units.

Quality and timeliness of accounting and reporting, ensuring all financial data are accurate, complete and submitted in accordance with Flowserve’s timetable

Prepare project review summary including process to signoff orders.

Perform Sales and margin analysis, monitors and analyzes manufacturing variances

Perform Standard Cost Roll process annually.

Determination and review of sales or production-related valuation adjustments (penalties, warranty costs, inventory write-offs, slow and obsolete stock etc.)

Identifies and proposes possible improvements

Complete monthly Supplemental Reports

Closely work with finance business partners and assist in creating forecasts and deviation analyses

Quarterly Site Analytics template preparation

Participate and lead projects as required

Other responsibilities or tasks that are within your skills and abilities, whenever reasonably instructed. The business reserves the right to make reasonable adjustments in line with business requirements.

Your profile:

Bachelor’s degree in accounting/finance or related major

At least 3 years of experience in cost accounting, preferably in a manufacturing environment

Systems knowledge: Oracle, BPC, SAP will be beneficial and preferred

Knowledge of SOX / US GAAP preferred

Intermediate Excel skills

Clear and concise communications skills

Ability to challenge the norm and look for better solutions/processes

Strong analytical skills and experience

Ability to prioritize and handle multiple tasks in a rapidly changing environment

Ability to work independently to resolve a wide variety of complex financial accounting problems

Good communication skills, written and oral

Attention to detail

Establish and maintain effective work relationships with stakeholders

Proactively recognize and resolve issues

What we offer you:

Friendly multicultural environment and team events

Life, accident and health insurance

Cafeteria Package

Career development and training opportunity

Opportunity for hybrid work

f this sounds like you and you are interested in a growth mindset role with a global leader in the fluid control industry, then click APPLY with your English CV and one of our Talent Acquisition team with get in touch with you very soon.

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