Supervisor, Cost Accounting

The Supervisor, Cost Accounting leads a cost-accounting team responsible for accurate, timely,

controlled financial reporting and analysis for assigned reporting units. The role combines people

leadership, month-end execution, manufacturing-cost analysis, compliance, stakeholder partnership,

and continuous process improvement.

Key Responsibilities

Team Leadership and People Management

• Supervise the team’s day-to-day cost-accounting activities, including monthly close, reporting,

reconciliations, cost analysis, project reviews, valuation adjustments, and supplemental

reporting.

• Balance workloads and ensure month-end deadlines, reporting timetables, service levels, and

KPI targets are achieved.

• Forecast and monitor team capacity, leave, overtime, and operational activity while maintaining

quality and legal compliance.

• Establish backup coverage and cross-training to protect continuity of service.

• Recruit, onboard, coach, mentor, develop, and retain capable team members.

• Lead performance management, talent assessment, succession planning, and development

planning for the team.

• Foster an engaged, accountable culture of operational excellence, continuous improvement,

and Flowserve values.

Cost Accounting, Closing, and Financial Analysis

• Lead and review monthly closing and reporting activities for assigned reporting units, ensuring

complete, accurate, and timely financial information.

• Oversee sales and margin analysis and monitor manufacturing variances, identifying drivers,

risks, and improvement opportunities.

• Coordinate and review the annual Standard Cost Roll process.

• Review sales- and production-related valuation adjustments, including penalties, warranty costs,

inventory write-offs, and slow- and obsolete-stock considerations.

• Ensure preparation and quality review of project-review summaries, including the process to

sign off orders.

• Lead completion and review of monthly Supplemental Reports and Quarterly Site Analytics

templates.

• Partner with finance business partners to support forecasts, variance explanations, and

deviation analyses.

• Provide clear team reporting to stakeholders through regular and ad hoc reporting.

Controls, Compliance, and Governance

• Ensure compliance with Flowserve policies, ethical standards, US GAAP, SOX, and applicable

local statutory requirements.

• Implement and maintain effective internal controls for the cost-accounting area, embedding

governance standards across end-to-end processes.

• Demonstrate and maintain a thorough understanding of financial controls for local and SOX

requirements.

• Monitor appropriate systems access for team members in line with SOX, legal, and Flowserve

process requirements.

• Coordinate and respond to internal and external audit requests.

Process Excellence and Stakeholder Management

• Maintain current process documentation, workflows, and the team knowledge base.

• Identify, propose, and lead process improvements, including projects that strengthen efficiency,

control, quality, or service delivery.

• Work with process subject-matter experts, BSC teams, and sites to support transitions of

responsibilities into the BSC where required.

• Build productive working relationships with site leadership, procurement, finance business

partners, and other internal or external stakeholders.

• Partner with stakeholders to support accurate, controlled financial statements within the

assigned domain.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, Economics, Business Studies, or a related discipline;

an accounting degree is required for GL Supervisor roles, while economic or business studies are

preferred for finance supervisor roles.

• At least five years of relevant experience, including at least two years in a shared-service center;

cost-accounting experience in a manufacturing environment is essential for this role.

• CPA, Chartered Accountant, or equivalent qualification is preferred.

• Sound knowledge of US GAAP or IFRS, together with practical knowledge of SOX and internal

controls.

• Experience with Oracle, BPC, and SAP is beneficial.

• Advanced Excel capability and confident use of Microsoft Office applications.

Skills and Competencies

• Demonstrated ability to motivate, coach, develop, and manage people.

• Strong analytical ability, attention to detail, and sound judgment in resolving complex financialaccounting matters.

• Clear written and verbal communication skills in English, including the ability to negotiate and

influence stakeholders.

• Strong ownership, proactivity, and problem-solving orientation.

• Ability to prioritize competing demands, work independently, and perform effectively in a fastchanging environment.

• Continuous-improvement mindset; Lean Six Sigma exposure is an advantage.

• Ability to build and sustain effective stakeholder relationships and to lead process change.

• Native or business-level Mandarin communication skills