Senior Cost Accountant

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

We are seeking a Senior Cost Accountant to join our team and play a critical role in driving financial accuracy and operational excellence. Reporting to the Site Controller, this position will oversee the site’s accounting and compliance deliverables, including month-end close, general ledger management, SOX compliance, and audit support. Beyond core accounting responsibilities, the Senior Cost Accountant will serve as a trusted business partner to the site’s operations team and collaborate closely with the Corporate accounting group to ensure strong financial performance and compliance.

This position will require 100% on-site presence.

Senior Cost Accountant Responsibilities:

• Month-end closing cycle:

• Prepare, analyze and record timely journal entries with supporting documents.

• Perform reconciliation on key balance sheet accounts to assess validity and accuracy

• Review and analyze general ledger to ensure all financial transactions are in compliance with GAAP and Corporate accounting guidelines.

• Prepare and submit supplemental schedules and reports in One Stream  

• Support the site engineering team with capital projects portfolio from PAR (project approval request) thru creation of fixed assets in the general ledger. Review and analyze the CIP (construction in progress) account on a monthly basis and close out capital projects on a timely manner.

• Partner with the site Inventory and Materials Management team with the ongoing review and analysis of Excess and Obsolete inventory (E&O); make recommendations to optimize site’s inventory goals.

• Manage the site’s quarterly / annual internal control and SOX compliance protocols for the site.

• Maintain an effective internal control environment to ensure timely and accurate financial reporting and compliance with laws and regulations. Support all internal and external audit requirements for the site.

• Partner with the FP&A team with the development of the Annual Operating Plan (AOP) and quarterly forecasts.

• Assist the regional Cost Accounting team with the development of standard costing for the site.

• Participate in the site’s Kaizen initiative and Identify and implement process improvement initiatives to drive productivity and efficiency.

• Identify potential risks and opportunities and communicate to the management team to make timely decisions to optimize risks and opportunities.

• Support the controller with special project assignments.  

Key Competencies:

• Continuous improvement mindset

• Regulatory Compliance

• Collaborate in a matrix environment

• Strategic Thinking

• Accountable & Responsible                                             

• Business Partnership

Key Relationships:

• External:  vendors, auditors and other 3rd parties

• Internal: purchasing, inventory control, project managers as needed, Inside Sales, R&D and engineering, auditor

Senior Cost Accountant Qualifications:

• Bachelor’s degree in Business Administration or financial/accounting with +5 years of business experience.

• CPA, CMA or MBA is preferred.

• Must have a working knowledge of United States Generally Accepted Accounting Principles (US GAAP) and Sarbanes-Oxley requirements.

• Experience in publicly traded multi-site environment

• Excellent communication (written and oral) and personal interaction skills required. 

• Highest standards of accuracy and precision; highly organized. Articulate with excellent verbal and written communication skills

• Ability to think creatively, highly driven and self-motivated

Preferred Qualifications:

• Computer Skills - ERP System, Hyperion or OneStream, Oracle; advanced excel skill

The estimated salary range for this position is $100,000 to $120,000 plus bonus.   Starting pay is dependent on multiple factors, such as