Accountant Analyst - Fluid Systems Division

Parker Hannifin; Irvine (CA); On-site; USD 89,000 - 148,000; Full time

Benefits offered by this job

401(k) plan with company matching

Career development and tuition reimb

Paid time off

Job summary

Parker Hannifin is seeking a Cost Accountant to apply accounting principles to analyze complex cost and manufacturing data, preparing timely financial reports and maintaining cost accounting controls. The role partners with operations, supply chain, and finance leadership to drive cost efficiencies and accurate reporting.

Responsibilities include month-end close support, inventory valuation, variance analysis, and ongoing improvement of cost processes.

Qualifications

• Bachelor's degree in Accounting; six+ years experience typical for this role.
• Knowledge of GAAP and cost accounting standards; proficiency with ERP systems.

Responsibilities

• Compile, analyze, and report cost accounting information to support management decisions.
• Analyze manufacturing cost drivers and variance analysis.
• Support month-end close, journal entries, reconciliations, and inventory analysis.
• Maintain standard costs, BOMs, routings, and overhead rates with operations and finance.
• Prepare financial/operational reports and explain variances to leadership.

Skills

Cost accounting

Standard costing

Inventory valuation

COGS analysis

Budgeting & forecasting

ERP proficiency

Data analysis

Communication

Education

Bachelor's degree in Accounting

Tools

ERP systems

Excel / spreadsheets

Reporting tools

Job description

Position Summary

SUMMARY:

Applies accounting principles to analyze complex financial, cost, and operational information and prepare accurate and timely financial reports. Responsible for supporting the accuracy, integrity, control, and timeliness of cost accounting reports, analyses, systems, and processes. Key areas of focus may include standard costing, inventory valuation, cost of goods sold, manufacturing variance analysis, budgeting, planning, and forecasting. Partners with operations, supply chain, and finance leadership to analyze cost drivers, identify trends, and support business decisions.

Works with all operational units, corporate/staff and select third parties in ensuring compliance with corporate policies and procedures while maintaining accounting controls.

ESSENTIAL FUNCTIONS:

• Compiles, analyzes, and reports cost accounting information to support management decision-making, including product costs, manufacturing variances, inventory valuation, and cost of goods sold.
• Analyzes material, labor, overhead, scrap, rework, and other manufacturing cost drivers to identify trends, discrepancies, and improvement opportunities.
• Supports month-end close activities, including journal entries, account reconciliations, inventory analysis, and variance reporting.
• Maintains and reviews standard costs, bills of material, routings, and overhead rates in coordination with operations, supply chain, and finance.
• Prepares financial and operational reports by collecting, analyzing, and summarizing cost, inventory, and manufacturing performance data.
• Partners with operations and management to explain cost variances, evaluate business performance, and recommend corrective actions.
• Ensures compliance with accounting policies, internal controls, and applicable financial reporting requirements.
• Supports budgeting, forecasting, and planning activities related to manufacturing costs, inventory, and cost of goods sold.
• Applies continuous improvement methods to improve cost accounting processes, reporting accuracy, and internal controls.
• May participate in cross-functional projects related to inventory, operations, systems, or process improvements.

JOB REQUIREMENTS:

Education and Experience Bachelor's degree (BS) in Accounting. Demonstrated ability to perform the essential functions of the job typically acquired through six or more years of related experience.

KNOWLEDGE, SKILLS AND ABILITIES:

Thorough knowledge of Generally Accepted Accounting Principles and applicable accounting regulations, including Cost Accounting Standards and/or Federal Acquisition Regulations, as applicable.

Strong understanding of cost accounting principles, standard costing, inventory valuation, cost of goods sold, and manufacturing variance analysis. Ability to analyze material, labor, overhead, scrap, rework, and other cost drivers to identify trends, discrepancies, and improvement opportunities.

Proficient with ERP/accounting systems, spreadsheet applications, and reporting tools.

Ability to read, analyze, and interpret complex financial and operational reports, and to prepare detailed reports, graphs, presentations, and business correspondence.

Strong problem-solving skills, including the ability to define issues, collect and analyze data, establish facts, and draw valid conclusions.

Ability to communicate effectively with management, operations, supply chain, finance, customers, and other business partners.

Ability to respond to questions and present financial information clearly to team members, leaders, and senior management.

Demonstrated ability to support continuous improvement initiatives, participate in goal-setting and performance feedback, and contribute effectively in a team environment.

Pay, Benefits, Work Schedule

Competitive Compensation

• Pay Range: $88790 to $148155 annually
• Participation in Annual Incentive Program

Benefit & Retirement Plans

Parker offers competitive benefit programs, including:

• Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
• 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
• Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
• Career development and tuition reimbursement.
• Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
• Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
• Paid Time Off and Company-Paid Holidays.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmental Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations. ("Minority / Female / Disability / Veteran / VEVRAA Federal Contractor")

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission