Senior Cost Accountant

Flowserve; Matthews (NC); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Retirement Planning & Financial Well-­

FSA/HSA

Disability coverage

Life/AD&D Insurance

Job summary

Flowserve Corporation invites applications for a Senior Cost Accountant to bring cost accounting expertise to our Charlotte, NC facility, with regional support to Vernon, CA. You’ll partner with leadership and cross-functional teams to strengthen project costing, inventory accuracy, and timely financial reporting.

You’ll manage cost-to-cost, discrete job costing, and revenue accounting under US GAAP, contributing to close processes and ensuring data integrity across locations.

Qualifications

• 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 US GAAP & 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.

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 US GAAP.
• Collaborate with the Business Services Center and regional accounting teams to ensure accurate transactions, reporting, and timely completion of close activities.

Skills

Cost accounting

US GAAP

Excel PivotTables

Data analysis

Communication

Education

Bachelor's degree in accounting/finance

Tools

SAP ERP

Tier 1 ERP

Power Query

Power Pivot

Job description

As a Senior Cost Accountant, you will provide cost accounting expertise and financial insight for Flowserve’s Charlotte, North Carolina facility , with additional support for the regional accounting team in Vernon, California. You will partner 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, you will support project-based accounting across multiple locations. This role is well suited for an accounting professional with experience in discrete job costing, cost-to-cost percentage-of-completion accounting, SAP, and US GAAP.

Key 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 US GAAP.
• Collaborate with the Business Services Center and regional accounting teams to ensure accurate transactions, reporting, and timely completion of close activities.
  

Required Qualifications

• 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 US GAAP & 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.
  

Preferred Qualifications

• Advanced degree or professional certification, such as a Master of Business Administration (MBA), Certified Public Accountant (CPA), or Certified Management Accountant (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.
  

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 include:

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

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