Flowserve Corporation · 9 hours ago
Cost Accounting Supervisor
Taneytown, MD
Full-time
Hybrid
Senior Level
$100K/yr - $150K/yr
5+ years expFlowserve Corporation is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. As a Cost Accounting Supervisor, you will lead a team of accountants in US GAAP accounting, oversee month-end and year-end closings, and ensure accurate financial reporting while supporting audits and implementing new ERP systems.
Mechanical Or Industrial Engineering
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
Qualification
Required
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
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)
Company
Flowserve Corporation
Flowserve is one of the world's largest manufacturers of pumps, valves and seals with over 16,000 employees across 50 countries.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Amy Schwetz
Senior Vice President and Chief Financial Officer
Matthew Donaldson, SPHR/SHRM-SCP
Vice President Human Resources, Business Partner Organization
Recent News
EIN Presswire
2025-06-12
Company data provided by crunchbase