Cost Accountant
Role Summary**:
Act as integral part of Regional Cost Accounting Team and provide cost accounting support and expertise to Finance Business Partners and leadership for multiple sites (locations) and Platforms (divisions), providing insight, consultation and governance over the cost accounting model.
**Scope of Responsibility**:
Multi-site responsibility and cross-platform support, acting as integral part of Regional
Revenue-, Inventory
- and Cost Accounting team.
**Responsibilities & Requirements**:
- Focus on Process-and Efficiency-improvement, identifying and escalating issues and bottle-necks
- Support the Cost Accounting Supervisor and Finance Business Partners in analyzing impacts in product cost of hourly rates and/or costing standards
- Inventory accounting (physical cycle counts audits and variances identifications and registration, ensure proper classification of inventory and material and purchasing rates verification and calculation)
- Research, troubleshoot, and answer basic questions and advise the Finance Business Partner organization on cost model issues (including In and Out margins analysis, participates and supports project reviews, support special costing projects for productivity, efficiency and utilization analysis, etc.
)
- Identify cost incurred and participate on Project Status Review in order to obtain information to be used on Revenue accounting records and calculations for both Percentage-of-Completion and Point-in-Time projects
- Review Low Cost Margin on products and projects, review the Excess and Obsolete reserve, analyze and comply with Warranty and Capitalization of Manufacturing Variances policies, and their accruals are accounted properly and timely
- Provide analysis of departmental expenses
**Preferred Experience / Skills**:
- Three years relevant cost accounting experience at industrial manufacturing companies
- Percentage of Completion (POC) accounting experience preferred
- Experience in project based organization
- Accounting Degree
- Knowledge of USGAAP is a plus (specially ASC606)
- Extensive Excel knowledge including advanced functions with Excel required
- Basic research and issue resolution skills; Proactive attitude
- Ability to assess and recommend solutions for assigned projects
- Ability to prioritize, plan, perform and communicate activities both in written and verbal form
- English language skills in written and verbal form
- Knowledge of SAP, Oracle and/or BPC is a plus
- Ability to work remotely in a decentralized matrix organization
**Job Posting Category**: Finance & Accounting
**Primary Posting Location**: Desio, Italy
**Job Advertising Title**: Cost Accountant
**Employment Type**: Full time
**Auto req ID**: 56696BR
**Country**: Italy
Flowserve is an equal opportunity employer and makes employment decisions without regard to race, gender, disability or protected veteran status.
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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 Click here to learn more.
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