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Senior Cost Accountant

Flowserve
United Statesfull_timeVerifiedPosted 18 Feb 2025

About the role

Job Description:

Primary owner of inventory and cost accounting for Moosic and Woodbridge plants, supporting related cross-functional groups along with percentage of completion and other revenue accounting processes

Principal Accountabilities:

  • Perform month end close for Inventory
  • Prepare month end journals and accruals including OSMI, inventory classification, sales/cost classification, and others as assigned
  • Prepare quarter end journals for capitalization of manufacturing variances and lower of cost or market (LCM) reserve
  • Cost of poor quality analysis, scrap, rework and warranty
  • Run and reconcile Backlog
  • Balance sheet reconciliations for inventory and sales accounts
  • Month end and quarterly reporting
  • Data analysis for cost and manufacturing within the business
  • Become and stay current with all company policies, accounting and relevant Corporate policies
  • Assist with the resolution of any issues that could impact the timely month-end closing and communicate timely to the Accounting Supervisor
  • Adhere to all the SOX procedures and ensure internal controls are operating effectively
  • Support and monitor inventory verification and/or cycle count performance in accordance with policy
  • Focus on process and efficiency improvements, identifying and escalating issues and bottlenecks
  • Support the Accounting Supervisor and Finance Business Partners in the calculation labor and burden rates and analyze impacts in the product cost
  • Assist with documentation requests and explanations related to interim and year end audits
  • Other duties as necessary

Required Experience / Skills:

  • Bachelor’s degree in accounting
  • 5+ years relevant cost accounting experience in an industrial manufacturing company
  • Proficiency in Excel and other MS Office products
  • Knowledge of and familiarity with US GAAP
  • Excellent problem solving and critical thinking skills; ability to apply judgement
  • Clear and concise communications skills
  • Ability to challenge the norm and look for better solutions/processes, attention to detail

Preferred Experience / Skills:

  • Experience with Oracle ERP system preferred
  • Experience with Oracle ERP system, SAP GL, and BPC

Flowserve offers competitive pay, annual bonuses, medical benefits on day 1, generous paid vacation time, paid holidays, 401(k) and many other excellent benefits!

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Company

Flowserve

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