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:**
As Cost Accounting Supervisor, you will lead a team of accountants in US GAAP accounting, including revenue accounting for both Point in Time and Percentage of Completion methods, accruals, account reconciliation, controls, journal entries, supplemental reporting, ad-hoc queries, and adjustments. You lead the team in month-end, quarter-end and year-end closings, reconciliations, controls, and audit processes.
**Responsibilities:**
+ Supervise a team of 2-3 accountants in day-to-day work.
+ Supervise the day-to-day accounting, period end closing processes and account reconciliations under US-GAAP.
+ Ensure accurate and controlled financial statements for your site.
+ Become and stay current with all company policies, accounting and relevant corporate policies
+ Support internal and external audits.
+ Play an active role in the implementation of a new ERP with a go-live date of May 1st 2026. SAP is the global enterprise solution and has been successfully implemented in a number of sites in Flowserve.
+ Responsible for balancing team workload and ensuring period-end deadlines and other KPI targets are met for the team which include:
+ Project accounting including POC Estimate at Complete, incurred to date, liquidated damages
+ Reserves including warranty, obsolete and slow-moving inventory, lower of cost or market and loss contract
+ Accounts Receivable exceptions for progress billing and bad debt
+ Sales and Use tax reporting from ERP to Corporate Tax
+ Supplemental reporting of inventory, bookings, backlog, sales and cost of sales, sales by destination, profit in inventory, Contract Asset/Liability roll, reserves roll forward, and commercial commitments
+ Perform review and posting of annual physical inventory and standard cost roll
+ Ensure completion of annual fixed asset verification
+ Review monthly aged WIP and quarterly WIP cycle counting.
+ Help develop an environment and culture that supports the attraction and retention of quality talent.
+ Develop, implement, and maintain effective internal controls.
+ Build a culture of achievement, operational excellence and continuous improvement.
+ Maintain a good relationship with site leadership to ensure a healthy service level and fluid communication of issues, concerns and victories.
+ Other duties as assigned
**Requirements:**
+ Bachelor’s degree in accounting, Finance, or related field
+ 5-7 years of progressive accounting experience
+ 2+ years of people management or supervisory experience
+ Strong knowledge of US GAAP
+ Experience with month-end, quarter-end, and year-end close
+ Experience preparing and reviewing journal entries, accruals, and account reconciliations
+ Revenue recognition experience, including Point-in-Time and Percentage of Completion (POC)
+ Project accounting experience, including Estimate at Completion (EAC) and Work in Progress (WIP)
+ Cost accounting experience in a manufacturing or project-based environment
+ Inventory accounting experience, including standard costing and physical inventory counts
+ Experience establishing and maintaining internal controls
+ Experience supporting internal and external audits
+ Advanced Microsoft Excel skills
+ Ability to manage multiple priorities and meet deadlines
+ Strong written and verbal communication skills
+ This is a hybrid role. Onsite 4 days per week / 1 day remote
**Preferred:**
+ CPA or CMA certification
+ SAP ERP experience
+ Experience with ERP implementation or system migration
+ Manufacturing, industrial, or engineered-to-order environment experience
**Benefits Starting from Day 1:**
+ Medical, Dental & Vision Insurance (including FSA and HSA options)
+ Life Insurance + Supplemental Life, Child, Spousal, and AD&D Insurance
+ Short- and Long-Term Disability
+ Retirement Planning, 401(k) plan, & Financial Wellness Resources
+ Educational Assistance Program
+ Time off Policies (including sick leave, parental leave, and paid vacation)
* Eligibility requirements apply to some benefits and may depend on job classification and length of employment
Annual Pay Range:
+ 99,758.46 - 124,759.06 - 149,759.65 USD
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-17945
**Job Family Group** : Finance & Accounting
**Job Family** : FA Cost 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
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.
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