Cost Accountant

Corporate; Cookeville (TN); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive Salary

Medical, Dental & Vision Insurance

Retirement Planning & Financial Well-‑

Health Savings Account (HSA)

Flexible Spending Account (FSA)

Short- and Long-Term Disability

Parental Leave

Life, Supplemental Life, Child, Spouse

AD&D Insurance

Job summary

Flowserve in Cookeville, TN seeks an experienced Cost Accountant to support local accounting and finance, partnering with operations to ensure cost accuracy in a high-variance industrial setting.

You will manage standard costing, period-close activities, and project accounting with POC methodologies to drive margin improvements and operational profitability. This role emphasizes cross-functional collaboration and rigorous financial controls.

Qualifications

• Bachelor's degree in accounting/finance or related field required.
• 5–7 years of cost accounting experience in industrial/manufacturing environment preferred.
• Strong understanding of general accounting policies and MS Excel proficiency.

Responsibilities

• Own the standard costing system in a high-variance manufacturing facility.
• Perform month-end close activities including inventory, purchasing, and AR reconciliations.
• Lead project accounting and cost-to-cost (POC) methodologies for monthly margin reviews.
• Track bookings, shipments, backlogs, and sales documentation.
• Process month-end journals, accruals, prepayments, recharges, and fixed assets.
• Analyze financial data for cost and manufacturing trends to improve profitability.
• Reconcile balance sheets and month-end bookings for accuracy.

Skills

Cost accounting

Excel

Cross-functional collaboration

Education

Bachelor's degree in accounting/finance

Tools

Oracle

BPC

SAP

Job description

Your Role and Impact

We are looking for an experienced Cost Accountant to join our Flowserve team in Cookeville, TN. In this role, you will support our local accounting and finance structure, working directly with operations and other facilities to drive financial accuracy within a high-variance industrial manufacturing environment. You will play a crucial part in managing either project accounting and POC orders or inventory control to directly impact our operational success.

Key Responsibilities

• Manage and take ownership of the standard costing system within a high-variance manufacturing facility.
• Perform month-end close activities, including inventory, purchasing, and accounts receivable reconciliations.
• Execute project accounting and utilize cost-to-cost (POC) methodologies for monthly margin reviews and processing.
• Track and manage bookings, shipments, backlogs, and sales documentation.
• Process month-end journals, accruals, prepayments, recharges, and fixed asset accounting.
• Analyse financial data for cost and manufacturing to identify trends and improve overall business profitability.
• Reconcile balance sheets and month-end bookings to ensure accuracy.

Required Qualifications

• Bachelor's or BA Degree in a relevant field with 5-7 years of relevant experience.
• Strong cost accounting knowledge and experience, ideally within industrial equipment manufacturing.
• Solid understanding of general accounting policies.
• Proficiency in Microsoft Excel and other MS Office products.

Preferred Qualifications

• Experience managing POC (Percentage of Completion) orders and cost-to-cost methodologies.
• Systems knowledge in Oracle, BPC, or SAP.
• Ability to challenge the norm and look for better solutions or processes.
• Clear and concise communication skills for cross-functional collaboration.

What We Can Offer You

At Flowserve, you'll find a range of options to fit your, and your family's, needs. We want to provide our team with the right resources to invest in your physical, mental and financial well-being no matter where you sit or what stage of life you're in.

Our Benefits*

• Competitive Salary
• Medical, Dental & Vision Insurance
• Retirement Planning & Financial Wellness Resources
• Flexible Spending Account (FSA) and Health Savings Account (HSA)
• Short- and Long-Term Disability
• Parental Leave
• Life, Supplemental Life, Child, Spousal, and AD&D Insurance

*Benefits vary by job, location and/or collective bargaining agreement.