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Senior Cost Accountant

Flowserve Corporation
Moosic, PA Full Time
POSTED ON 3/1/2025
AVAILABLE BEFORE 3/26/2025

Company Overview:

If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!


Job Description:

Primary owner of inventory and cost accounting for Moosic and Woodbridge plants, supporting related cross-functional groups along with percentage of completion and other revenue accounting processes


Principal Accountabilities:

  • Perform month end close for Inventory
  • Prepare month end journals and accruals including OSMI, inventory classification, sales/cost classification, and others as assigned
  • Prepare quarter end journals for capitalization of manufacturing variances and lower of cost or market (LCM) reserve
  • Cost of poor quality analysis, scrap, rework and warranty
  • Run and reconcile Backlog
  • Balance sheet reconciliations for inventory and sales accounts
  • Month end and quarterly reporting
  • Data analysis for cost and manufacturing within the business
  • Become and stay current with all company policies, accounting and relevant Corporate policies
  • Assist with the resolution of any issues that could impact the timely month-end closing and communicate timely to the Accounting Supervisor
  • Adhere to all the SOX procedures and ensure internal controls are operating effectively
  • Support and monitor inventory verification and/or cycle count performance in accordance with policy
  • Focus on process and efficiency improvements, identifying and escalating issues and bottlenecks
  • Support the Accounting Supervisor and Finance Business Partners in the calculation labor and burden rates and analyze impacts in the product cost
  • Assist with documentation requests and explanations related to interim and year end audits
  • Other duties as necessary


Required Experience / Skills:

  • Bachelor’s degree in accounting
  • 5 years relevant cost accounting experience in an industrial manufacturing company
  • Proficiency in Excel and other MS Office products
  • Knowledge of and familiarity with US GAAP
  • Excellent problem solving and critical thinking skills; ability to apply judgement
  • Clear and concise communications skills
  • Ability to challenge the norm and look for better solutions/processes, attention to detail


Preferred Experience / Skills:

  • Experience with Oracle ERP system preferred
  • Experience with Oracle ERP system, SAP GL, and BPC


Flowserve offers competitive pay, annual bonuses, medical benefits on day 1, generous paid vacation time, paid holidays, 401(k) and many other excellent benefits!


Req ID : R-13472

Job Family Group : Finance & Accounting

Job Family : FA Cost Accounting

EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.

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