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 policiesSupport 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 damagesReserves including warranty, obsolete and slow-moving inventory, lower of cost or market and loss contractAccounts Receivable exceptions for progress billing and bad debtSales and Use tax reporting from ERP to Corporate TaxSupplemental 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 commitmentsPerform review and posting of annual physical inventory and standard cost rollEnsure completion of annual fixed asset verificationReview 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 assignedRequirements:
Bachelor’s degree in accounting, Finance, or related field5-7 years of progressive accounting experience2+ years of people management or supervisory experienceStrong knowledge of US GAAPExperience with month-end, quarter-end, and year-end closeExperience preparing and reviewing journal entries, accruals, and account reconciliationsRevenue 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 environmentInventory accounting experience, including standard costing and physical inventory countsExperience establishing and maintaining internal controlsExperience supporting internal and external auditsAdvanced Microsoft Excel skillsAbility to manage multiple priorities and meet deadlinesStrong written and verbal communication skillsThis is a hybrid role. Onsite 4 days per week / 1 day remotePreferred:
CPA or CMA certificationSAP ERP experienceExperience with ERP implementation or system migrationManufacturing, industrial, or engineered-to-order environment experienceBenefits 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