Role Summary:
The Cost Accounting Supervisor is primarily responsible for leading a team of senior accountants and is responsible for timely and accurate reporting of financial information and maintaining an effective control environment. This position will be responsible for maintaining the integrity of the financial and accounting processes in our ERP systems, financial data management, monthly GL close processes for areas of responsibility, ASC606 compliance as well as SOX control compliance.
Responsibilities:
The Cost Accounting Supervisor is responsible for timely and accurate reporting of financial information and maintaining an effective control environment at their reporting units.
Principal Accountabilities:
- Supervise team of senior accounting personnel located in Houston, TX
- Provide support to Regional Accounting Manager and site Business Partners
- Be a key liaison with Business Support Center teams, reviewing outputs and accounting while answering and addressing issues
- Perform trial balance and internal financials review
- Support Finance and company-wide initiatives to improve efficiency and effectiveness
- Ensure internal controls are properly designed and operating effectively
- ASC606 compliance
- Review and approve journal entries (including topside journals, if any), account reconciliations, and key control tasks for direct reports
- Prepare and provide monthly financial reports to management
- Complete all other assigned daily, monthly, quarterly and annual tasks
- Support internal and external audit processes ensuring requests are fulfilled timely and questions are properly resolved
- Provide constructive and meaningful feedback to team members on a regular basis on their individual performance & complete annual performance process as per company requirements
- Constantly support team in their professional development; initiate and oversee a performance improvement plan if necessary
- Provide regular feedback to direct reports and manage their career progression
- Plan and assign tasks and activities to direct reports, ensuring work is appropriately distributed and all deadlines can be met
Compliance:
- Ensures compliance with Flowserve policies, US GAAP, SOX and local statutory laws and regulations and that business is conducted within Flowserve's ethical code of business conduct
Quality and Timeliness of Accounting/Reporting:
- Ensure that all financial data is accurate, complete and submitted in accordance with Flowserve’s timetables
- Where required, ensures that local statutory returns, secretarial matters and other fiduciary matters are efficiently dealt with
Business Support/Service Function:
- Maintain an excellent customer service attitude and performance with both internal and external customers
- Maintain a positive professional attitude and demeanor.
- Work towards enhancing team unity in department.
- Maintain good punctuality and attendance
Requirements:
- Bachelor’s degree in accounting required
- Strong financial background with 5 or more years of relevant experience
- Percentage of Completion (POC) accounting experience preferred
- Experience in a supervisory role and/or manager experience
- Possess a strong knowledge of US GAAP and SOX controls
- Knowledge of ASC 606
- Ability to work with minimal direction, possess problem solving skills, and self-motivated
- Excellent analytical abilities, communication and strong interpersonal skills
- Ability to interact with associates and leaders throughout the organization
- Excellent PC skills including Microsoft Office products
Preferred:
- Experience in a manufacturing environment preferred
- Experience with Syteline, Blackline, BPC and/or SAP a plus
Benefits Starting on 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