Cost Accounting Supervisor

Role Summary:

As Cost Accounting Supervisor, you will lead a team of accountants in US GAAP accounting, including revenue accounting for both Point in Time and Percentage of Completion methods, accruals, account reconciliation, controls, journal entries, supplemental reporting, ad-hoc queries, and adjustments. You lead the team in month-end, quarter-end and year-end closings, reconciliations, controls, and audit processes.

Responsibilities:

• Supervise a team of 2-3 accountants in day-to-day work.
• Supervise the day-to-day accounting, period end closing processes and account reconciliations under US-GAAP.
• Ensure accurate and controlled financial statements for your site.
• Become and stay current with all company policies, accounting and relevant corporate policies
• Support internal and external audits.
• Play an active role in the implementation of a new ERP with a go-live date of May 1st 2026. SAP is the global enterprise solution and has been successfully implemented in a number of sites in Flowserve.
• Responsible for balancing team workload and ensuring period-end deadlines and other KPI targets are met for the team which include:
• Project accounting including POC Estimate at Complete, incurred to date, liquidated damages
• Reserves including warranty, obsolete and slow-moving inventory, lower of cost or market and loss contract
• Accounts Receivable exceptions for progress billing and bad debt
• Sales and Use tax reporting from ERP to Corporate Tax
• Supplemental reporting of inventory, bookings, backlog, sales and cost of sales, sales by destination, profit in inventory, Contract Asset/Liability roll, reserves roll forward, and commercial commitments
• Perform review and posting of annual physical inventory and standard cost roll
• Ensure completion of annual fixed asset verification
• Review monthly aged WIP and quarterly WIP cycle counting.
• Help develop an environment and culture that supports the attraction and retention of quality talent.
• Develop, implement, and maintain effective internal controls.
• Build a culture of achievement, operational excellence and continuous improvement.
• Maintain a good relationship with site leadership to ensure a healthy service level and fluid communication of issues, concerns and victories.
• Other duties as assigned

Requirements:

• Bachelor’s degree in accounting, Finance, or related field
• 5-7 years of progressive accounting experience
• 2+ years of people management or supervisory experience
• Strong knowledge of US GAAP
• Experience with month-end, quarter-end, and year-end close
• Experience preparing and reviewing journal entries, accruals, and account reconciliations
• Revenue recognition experience, including Point-in-Time and Percentage of Completion (POC)
• Project accounting experience, including Estimate at Completion (EAC) and Work in Progress (WIP)
• Cost accounting experience in a manufacturing or project-based environment
• Inventory accounting experience, including standard costing and physical inventory counts
• Experience establishing and maintaining internal controls
• Experience supporting internal and external audits
• Advanced Microsoft Excel skills
• Ability to manage multiple priorities and meet deadlines
• Strong written and verbal communication skills
• This is a hybrid role. Onsite 4 days per week / 1 day remote

Preferred:

• CPA or CMA certification
• SAP ERP experience
• Experience with ERP implementation or system migration
• Manufacturing, industrial, or engineered-to-order environment experience

Benefits Starting from Day 1:

• Medical, Dental & Vision Insurance (including FSA and HSA options) 

• Life Insurance + Supplemental Life, Child, Spousal, and AD&D Insurance

• Short- and Long-Term Disability 

• Retirement Planning, 401(k) plan, & Financial Wellness Resources 

• Educational Assistance Program 

• Time off Policies (including sick leave, parental leave, and paid vacation)

* Eligibility requirements apply to some benefits and may depend on job classification and length of employment

Annual Pay Range:

• 99,758.46 - 124,759.06 - 149,759.65 USD