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.

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