Cost Accountant

Flowserve Corporation; India; Hybrid; INR 700,000 - 1,100,000; Full time

Benefits offered by this job

Hybrid work

Life insurance

Health insurance

Cafeteria package

Career development

Training opportunities

Multicultural environment

Job summary

Flowserve Corporation seeks a Cost Accountant to support accurate financial reporting and cost management within the local finance and operations structure. You will partner with operational teams and contribute to inventory and manufacturing cost control.

This role focuses on month-end close, cost analysis, standard costing, and continuous improvement across the organization, with opportunities for hybrid work and career development.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field
• 3–5 years of relevant experience
• Strong cost accounting knowledge
• Proficiency in Excel and MS Office
• Excellent written and verbal communication

Responsibilities

• Prepare month-end close activities for inventories, purchasing, AR with reconciliations
• Perform cost and margin analyses to support decisions
• Manage fixed-asset accounting and balance-sheet reconciliations
• Support project accounting through monthly margin reviews
• Maintain standard costing system
• Assist other facilities as required

Skills

Cost accounting

Excel

Communication

Analytical thinking

Attention to detail

Process improvement

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle

BPC

SAP

Job description

Job Description:

Your Role and Impact

As a Cost Accountant, reporting to the local Finance Manager, you will support accurate financial reporting and cost management within the local finance and operations structure. You will partner directly with operational teams, contribute to effective inventory and manufacturing cost control, and provide support to other facilities when needed.

Your insights and ownership of costing processes will help drive informed business decisions, accurate month-end reporting, and continuous improvement across the organization.

Key Responsibilities

• Perform month-end reporting and support timely, accurate financial close activities.
• Complete month-end close activities for Inventory, Purchasing, and Accounts Receivable, including reconciliations.
• Support project accounting through monthly margin reviews and related processing.
• Perform sales and margin analysis to support business and operational decision-making.
• Process month-end journal entries, including accruals, prepayments, and recharges.
• Manage fixed-asset accounting activities.
• Reconcile month-end bookings and prepare balance-sheet reconciliations.
• Manage and maintain the standard costing system.
• Analyze cost and manufacturing data to identify trends, risks, and improvement opportunities.
• Support the local accounting and finance structure while assisting other facilities as required.
• Perform other assigned accounting and finance duties.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or another relevant field.
• 3–5 years of relevant experience.
• Strong knowledge and practical experience in cost accounting.
• General knowledge of accounting policies and principles.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Clear and concise written and verbal communication skills.
• Strong analytical skills and attention to detail.
• Ability to challenge existing practices and identify improved solutions and processes.

Preferred Qualifications

• Experience with Oracle, BPC, SAP, or similar financial and planning systems.

What We Can Offer You

• Friendly multicultural environment and team events.
• Life, accident, and health insurance.
• Cafeteria package.
• Career development and training opportunities.
• Opportunity for hybrid work.