Senior Cost Accountant

Flowserve US Inc

Matthews (NC)

On-site

USD 80,000 - 120,000

Full time

10 days ago

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Benefits offered by this job

Competitive salary

Medical, dental & vision insurance

Retirement planning

FSA/HSA

Disability insurance

Parental leave

Life insurance

Job summary

Flowserve US Inc. in Charlotte, NC seeks a Senior Cost Accountant to provide cost accounting expertise and financial insight for the facility, with regional support from Vernon, CA.

You will partner with leadership and cross-functional teams to strengthen project costing, inventory accuracy, and timely reporting. The role emphasizes discrete job costing, cost-to-cost percentage-of-completion accounting, and US GAAP, with SAP and ERP proficiency.

Qualifications

U.S. citizenship required due to potential military contracts.
Bachelor’s degree in Accounting, Finance, or related field.
Five or more years of cost accounting experience, preferably in industrial manufacturing or project-based environments.
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 and advanced Excel skills (PivotTables, XLOOKUP).
Strong analytical, problem-solving, communication, and organizational skills.

Responsibilities

Perform cost accounting, transactional and general ledger activities, including period-end close, reconciliations and analysis.
Analyze sales, margins, inventory, job costs, and project costs; partner with Operations to resolve issues.
Support cost-to-cost percentage-of-completion and revenue accounting with accurate cost and margin data for EAC forecasts.
Participate in project review meetings and evaluate costs, LC< etc. and related accounting impacts.
Collaborate with Project Management, Supply Chain, Manufacturing, Planning, Engineering and Finance to improve processes.
Research cost-accounting issues, identify root causes and drive process improvements.
Support internal/external audits with documentation, explanations and compliance with US GAAP.
Coordinate with Business Services Center and regional teams to ensure timely close processes.

Skills

U.S. citizenship

Bachelor’s degree in Accounting/Finan

5+ years cost accounting

Discrete job costing

Cost-to-cost percentage-of-completion

US GAAP & ASC 606

SAP

ERP (tier 1)

Advanced Excel (PivotTables, XLOOKUP)

Analytical, cross-functional comms

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

SAP

Microsoft Excel (PivotTables, XLOOKUP)

ERP (Tier 1)

Job description

Your Role and Impact

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.