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.
Skills Required
- U.S. citizenship 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
- Experience in industrial manufacturing or a project-based environment
- Experience with discrete job costing
- Experience with cost-to-cost percentage-of-completion accounting
- Working knowledge of US GAAP and ASC 606
- Experience using a tier-one ERP
- Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, and complex data analysis
- Strong analytical, problem-solving, communication, and organizational skills
- Ability to manage multiple priorities, work independently, and meet reporting deadlines
- Advanced degree or professional certification such as MBA, CPA, or CMA
- Background in industrial equipment, engineered products, manufacturing, or contract-based operations
- Knowledge of lower-of-cost-or-market, 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
- Experience improving financial close timelines, operational efficiency, inventory performance, rework, scrap, or related metrics
Flowserve Corporation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Flowserve Corporation and has not been reviewed or approved by Flowserve Corporation.
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Retirement Support — Retirement programs are described as strengthened with an enhanced 401(k) match, added employer contributions, and a shorter vesting schedule following recent plan changes. Feedback suggests this compares well with large‑company norms and is a notable part of total rewards.
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Healthcare Strength — Core medical, dental, and vision coverage with HSA/FSA options is described as solid, complemented by life/disability insurance and an EAP. Feedback suggests overall health benefits are comprehensive for a large industrial employer.
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Equity Value & Accessibility — An employee stock purchase plan with a company match makes equity participation accessible and financially attractive. Feedback suggests this feature stands out versus typical offerings and adds meaningful value.
Flowserve Corporation Insights
What We Do
Flowserve is one of the world's largest manufacturers of pumps, valves and seals with over 19,000 employees in over 60 countries. Built on more than 50 world-renowned heritage brands, the equity and customer loyalty we have earned over the past 220 years is the foundation of our leadership position across the globe.
