Senior Cost Accountant

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.  

Our benefits include:  

• 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.  

If this sounds like the opportunity that you have been looking for, please click Apply.