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Full-Time

Cost Accounting Manager

Confirmed live in the last 24 hours

Xylem

Xylem

5,001-10,000 employees

Water technology solutions for sustainability

Data & Analytics
Industrial & Manufacturing
Energy

Compensation Overview

$91.5k - $164.5kAnnually

Senior

Yellow Springs, OH, USA

Category
Cost Accounting
Financial Analysis
Accounting
Required Skills
SAP Products
Oracle
Excel/Numbers/Sheets
Requirements
  • BA / BS degree in Accounting with minimum of 5 years experience of financial support of a manufacturing site or function
  • Master’s degree and/or CPA/CMA preferred
  • Strong understanding of cost accounting principles including experience working with routings, BOM’s and financial overhead rates
  • Working knowledge of accounting structures within an ERP system (Oracle and SAP strongly preferred)
  • Advanced proficiency with Microsoft Excel, financial consolidation systems like OneStream
  • Must exhibit a strong drive for results in a faster paced environment
  • Flexibility to travel up to 10% to support manufacturing location in San Diego, CA
Responsibilities
  • Finance Business Partner to the MFG organization with responsibly to drive actions for the achievement of all operational KPI’s and key financial metrics including cost savings, labor productivity, variable cost productivity and cost conversion
  • Support all FP&A and accounting related activities for the manufacturing organization including month end journal entries, financial and operational metric reporting including the updating of all required systems and creation of monthly commentary packages
  • Reports out to the Director of Finance and MFG site leaders any significant monthly variances to budget targets with a key focus at understanding the root causes of financial performance
  • Track and report weekly on actual hours, standard hours, and absorption vs plan focusing on root causes for performance and development of action plans to improve associated financial metrics
  • Develop and update annual direct labor rates and manufacturing overhead cost pools separated between variable and fixed costs
  • Work with the Manufacturing Engineering and CI teams to ensure accuracy and timely updating of routings
  • Partner with the Continuous Improvement through direct participation in events while ensuring all projects savings are calculated per Xylem policy
  • Support the budget and forecast process through timely submission of key financial performance metrics including direct labor costs and productivity, standard/actual hours, manufacturing indirect cost center spend, and any other metrics as assigned
  • Drives internal controls and compliance with all Xylem’s financial policies through ensuring the MFG organization understands and is executing upon the required SOX controls
  • Actively communicates and engages with process and metric owners, manufacturing employees across all levels, and finance colleagues across the Americas Region
  • Ensure compliance to Xylem financial policies, internal control programs, and US GAAP

Xylem develops solutions to address global water challenges using smart technology. The company provides hardware like water pumps and treatment systems, as well as software for hydrographic applications, serving clients such as municipalities and industrial businesses. Xylem stands out by combining both hardware and software offerings while focusing on sustainability and long-term contracts. Its goal is to ensure water security and improve water quality in an eco-friendly manner.

Company Stage

Seed

Total Funding

$10.2M

Headquarters

Washington, District of Columbia

Founded

2011

Growth & Insights
Headcount

6 month growth

143%

1 year growth

143%

2 year growth

143%
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Simplify's Take

What believers are saying

  • Significant investments from firms like Jennison Associates LLC and SageView Advisory Group LLC indicate strong market confidence in Xylem's growth potential.
  • Innovative projects like Reuse Brew demonstrate Xylem's leadership in sustainable water management, potentially attracting more eco-conscious clients and partners.
  • Recognition through awards for sustainability excellence enhances Xylem's reputation as a leader in the water technology sector, which can boost employee morale and attract top talent.

What critics are saying

  • The complexity of managing both hardware and software solutions could lead to operational inefficiencies and increased costs.
  • Dependence on long-term contracts with municipalities and industrial clients may expose Xylem to financial risks if these clients face budget cuts or economic downturns.

What makes Xylem unique

  • Xylem's dual focus on both hardware and software solutions, including advanced water pumps and hydrographic software, sets it apart from competitors who may specialize in only one area.
  • The company's commitment to sustainability and innovative projects like Reuse Brew highlight its proactive approach to addressing global water challenges, unlike competitors who may not prioritize eco-friendly solutions.
  • Xylem's long-term contracts with municipalities and industrial clients provide a steady revenue stream, offering financial stability that many competitors lack.

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Benefits

Professional Development – To advance the capabilities of our people, we offer a wide variety of experiences to support our employees’ professional growth and continuous learning.

Total Rewards – We offer comprehensive programs for compensation, benefits, recognition, learning and development, work-life integration and corporate citizenship.

Watermark – Watermark is our corporate social responsibility program working to provide education and access to safe water to ensure healthy lives, gender equality, and resilient communities. Employees have the opportunity to learn and volunteer on various water-related projects.

Employee Networks – Our Employee Networks provide a professional, supportive network for employees from diverse backgrounds, including Women’s, LGBT+ and Allies, Veteran’s, People of Color and Allies, Hispanic Origin & Latin Affinity, Emerging Leaders, and Working Parents Networks.