Senior Cost Accountant

Flowserve Corporation•Matthews, NC

About The Position

The Senior Cost Accountant provides cost accounting expertise and financial insight for Flowserve’s Charlotte, North Carolina facility, with additional support for the regional accounting team in Vernon, California. The role partners with Regional Accounting Leadership, Finance Business Partners, and cross-functional teams to strengthen project costing, inventory accuracy, revenue accounting, and timely financial reporting. Reporting to the Cost Accounting Supervisor, the position supports project-based accounting across multiple locations. It is suited to an accounting professional experienced in discrete job costing, cost-to-cost percentage-of-completion accounting, SAP, and U.S. GAAP.

Requirements

U.S. citizenship is required due to potential support of military-related contracts.
Bachelor’s degree in Accounting, Finance, or a related field.
Five or more years of relevant cost accounting experience, preferably in industrial manufacturing or a project-based environment.
Experience with discrete job costing and cost-to-cost percentage-of-completion accounting.
Working knowledge of U.S. GAAP and ASC 606.
Experience using a tier 1 ERP.
Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, and complex data analysis.
Strong analytical, problem-solving, communication, and organizational skills, with the ability to present complex information clearly in a cross-functional environment.
Ability to manage multiple priorities, work independently, and adhere to reporting deadlines.

Nice To Haves

Advanced degree or professional certification, such as an MBA, CPA, or CMA.
Background in industrial equipment, engineered products, manufacturing, or contract-based operations.
Knowledge of lower-of-cost-or-market (LCM), loss contracts, inventory accounting, and project EAC forecasting.
Familiarity with multinational organizations and geographically distributed accounting teams.
Proficiency with Power Query, Power Pivot, or other Microsoft data-analysis tools.
Involvement in initiatives that improve financial close timelines, operational efficiency, obsolete and slow-moving inventory, rework, scrap, or related performance measures.

Responsibilities

Perform cost accounting, transactional, and general ledger activities, including period-end close, reconciliations, supplemental reporting, and account analysis.
Analyze sales, margins, inventory, job costs, and project costs; partner with Operations to resolve inventory and cost-related issues.
Support cost-to-cost percentage-of-completion and point-in-time revenue accounting by providing accurate cost and margin information for project forecasted EAC.
Participate in project review meetings and evaluate project costs, lower-of-cost-or-market requirements, loss contracts, and related accounting impacts.
Partner with Project Management, Supply Chain, Manufacturing, Planning, Engineering, and Finance Business Partners to analyze costs and improve business processes.
Research cost-accounting issues, identify root causes, recommend process improvements, and improve the accuracy of accounting records.
Support internal and external audit activities, including documentation, explanations, reporting, and compliance with company policies and U.S. GAAP.
Collaborate with the Business Services Center and regional accounting teams to ensure accurate transactions and reporting and timely completion of close activities.