Jobs for People with MS: National MS Society

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!

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Driven by our Purpose, we are committed to building a more sustainable future to make the world better for everyone. With more than 16,000 employees in more than 50 countries, we combine our global reach with local presence. We support more than 10,000 customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally.

Join a company where the people challenge themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. You will be part of a team known for its industry-leading talent, unparalleled portfolio, and unmatched commitment to customer success. Flowserve’s culture promotes recognition and rewards creativity, hard work, and commitment. We invite you to put your talents and career in motion at Flowserve.

Role Summary

This Position should analyze and suggest the cost benefit alternatives to the organization. Best methods to improve the margins and suggest optimal absorption methods

Responsibilities & Requirements

• Cost Accountant is responsible for recognition of POC revenue and ensure it is complying to Revenue policy and IndAs.

• This position is responsible for analyzing, monitoring / tracking and control the cost of product from bidding stage till Sales recognition and reporting of the reasons for variance in margins in advance to the management.

• This Position is responsible for analyzing low margin products and report the reasons for low margins. Suggest better alternative for improving the margins by thoroughly understanding the cost structure of the various components in the product.

• This Position is responsible for analyzing the BOM with required inventories and suggest usage of available inventories with some modifications by thoroughly understanding the various component requirement for the products we assemble.

• The Cost Accountant will be the primary owner of inventory and cost accounting for Coimbatore plant, supporting related cross-functional groups in Operations by reviewing / establishing costing process and procedures.

Position Requirements:

• Preparation of cost sheet and product wise profitability statement

• Monthly track of POC progress as per revenue policy and IndAs

• Analyze cost of product at various levels from bidding stage till sales is recognized and regular update to the management on the variances in margins on a timely manner

• Explore and analyze root causes for low margin products and propose process changes to improve margins

• Review the existing costing process and procedures, suggest for any changes. Establish new process in line with cost accounting rules and internal policy.

• Review of information provided by operations to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects

• Work cross-functionally with Supply Chain, Manufacturing, Planning, Project Management, and Engineering to complete all job responsibilities on a timely basis

• Continuous review and analysis of hourly rates, overheads, absorption levels and report the reasons, suggest improvements to reduce the variances.

• Analysis, comparison and reporting of material consumption and production hours against plan/forecast at overall products

• Contribute to process improvements regarding all aspects of production cost accounting and related reporting

• Ensure Low Cost Margin, Excess and Obsolete, Capitalization of Manufacturing Variances policies are met and their accruals are accounted properly and timely.

• Perform SOX controls assigned to area of responsibility

• Maintenance of Cost Records as per CAS & timely completion of Cost Audit.

Preferences:

• Preferably a Qualified Cost Accountant with minimum two years of post qualification experience at manufacturing Companies

• A semi qualified with 5+ years of relevant cost accounting experience at manufacturing companies

• Good knowledge of manufacturing processes and material flows as well as related order accounting systems and processes

• Analytical mindset, high affinity for numbers and willingness to work in detail with ability to work independently and solve complex costing issues

• Knowledge in Oracle is added advantage to the profile

• Sound Knowledge of MS office especially MS Excel & MS Power Point

• Good command on written, spoken English and presentation Skills

What we can offer you:

• Friendly multicultural environment and team events

• Career development and training opportunities

Req ID : R-9955

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.