Project Cost Analyst

Flowserve Corporation

93d

About The Position

We are looking for a Project Cost Analyst who will report to the Accounting Supervisor based locally. In this role you will be part of the Regional Accounting Team in performing cost and profitability analysis for major projects at the Mogas Houston, TX plant, supporting Finance Business Partners and Operations leadership to provide insight, consultation, and governance over project performance.

Requirements

• At least 2 years’ relevant cost accounting experience at industrial manufacturing companies
• Bachelor’s degree in accounting or finance
• Percentage of Completion (POC) and/or project accounting experience
• Intermediate to advanced experience with Excel spreadsheets
• Knowledge of and familiarity with US GAAP
• Knowledge of ASC 606
• Ability to manage large volumes of data, understand and present summary information
• Strong communication skills to support cross-function collaboration
• Detail oriented, analytical, and data driven mindset
• Process-oriented approach with focus on quality work products and deadline adherence
• Ability to prioritize, plan, perform and communicate activities both in written and verbal form

Nice To Haves

• Experience with Syteline (ERP) and/or SAP preferred
• Experience in project-based organization is a plus

Responsibilities

• Prepare monthly cost Estimate at Completion (EAC) package for all major projects
• Identify, investigate, and document unusual or unexpected fluctuations
• Engage with cross-functional groups to support project change management process
• Update Project Financial Summary monthly for presentation to leadership
• Participate actively in monthly project reviews, providing critical insight to leadership based on analysis performed
• Collaborate with cost accountant and POC analyst to monitor, analyze, and present incurred and expected costs of projects
• Monitor key project financial health metrics including billings, AR collections, contract assets/liabilities, inventory, and reserves
• Collaborate with cross-functional teams to support risks and opportunities assessment on projects
• Support POC Analyst in calculation and review of monthly POC revenue recognition process
• Facilitate performance of key control for review and approval of POC project estimates by all required team members
• Support and provide value-added insight during implementation of SAP throughout the business requirements, data migration, and conversion processes

Benefits

• 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)

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees