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Supervisor, AP Accounting

Flowserve
Hungaryfull_timeVerifiedPosted 22 Oct 2024

About the role

As an Accounting Supervisor, you will lead a team of accountants supporting the P2P process and focusing on invoice postings, vendor management and month-end close activity such as accrual preparation etc. From an accounting perspective this is mainly in US GAAP.

Responsibilities:

People management

  • Supervise the day to day work of the team including invoice processing, payment, accounting, collections, month end closing processes and account reconciliations under US-GAAP as applicable for the team led

  • Initiate resource needs based on appropriate approvals

  • Actively participate in recruitment and selection processes and employer branding

  • Onboarding of new joiners and support their integration into the team and facilitate process induction

  • Help develop an environment and culture that supports the attraction and retention of quality talent

  • Support their team members to develop clear ownership and understanding of the processes and metrics necessary to continue financial activity including KPIs and other business metrics

  • Proactively organize employee engagement activities and reward top talent

  • Manages talent process for own team: Performance management, talent assessment, succession planning and development plan creation and follow-up

  • Mentor and continuous coaching for team members

  • Manage personnel-related issues within team

  • Responsible for balancing team workload and ensuring month-end deadlines and other KPI targets are met for the team

  • Create appropriate backup structure and cross-training to ensure continuous service levels

  • Act as a role model for team and represent Flowserve values in daily behaviors, activities, and decisions

Process

  • Build a culture of operational excellence and continuous improvement

  • Coordinate internal and external audit request

  • In cooperation with process Subject Matter Expert and other teams in the BSC, supervise own team to transition responsibilities from sites into the BSC

  • Ensure up-to-date process documentation, updating, maintaining process workflows

  • Knowledge management, updating knowledge base for own team

  • Work cross functionally to ensure BSC processes work within the assigned area of responsibility

Quality and legal compliance and controls

  • Forecast and monitor the team’s workload and activities, holiday, overtime, etc. while ensuring legal compliance and quality control

  • Implement, and maintain effective internal controls for own area

  • Report activities of the team to stakeholders through regular and ad hoc reporting

  • Monitor appropriate accesses for all team members in line with SOX, other legal and Flowserve process requirements

  • Ensure compliance with FLS policies, US Generally Accepted Accounting Principles (GAAP) as defined by FLS, Sarbanes-Oxley (SOX) and local statutory laws and regulations and that business is conducted within FLS ethical code of business conduct.

  • Demonstrate thorough understanding of financial controls for local and SOX requirements.

  • Provide advice as needed and ensure governance and internal control standards are embedded in the end to end processes and operations.

Stakeholder management

  • Build partnerships with stakeholders internal and external to own team.

  • Work with stakeholders to ensure accurate and controlled financial statements for own domain.

  • Maintain a functional and healthy relationship with site leadership, procurement, finance, and other stakeholders based on need of cooperation.

Expectations:

  • Bachelor's Degree in accounting for Supervisor roles required or economic/business studies (for all Finance Supervisor roles) preferred, Master's Degree is a plus

  • Chartered Accountant, CPA or equivalent preferred (for Supervisor roles)

  • 5+ years’ experience is required, (2+ years in a Shared Service center)

  • US GAAP or IFRS knowledge required (for Supervisor roles) or preferred (for all other Finance Supervisor roles) based on team led

  • Demonstrated ability to motivate and develop people

  • Excellent verbal and written communication and negotiation skills in English

  • Strong drive for action and proactivity in recognizing and resolving issues

  • Confident user of MS Office (Excel, Word, PowerPoint)

  • Ability to establish and maintain effective work relationships with stakeholders

  • Strong ability for action to proactively recognize and resolve issues

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Company

Flowserve

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