Regional Accounting Manager

3 weeks ago

Irving, United States Flowserve Full time
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:

Manager of General Accounting will be primarily responsible for US GAAP and RAS reporting and leading a team of professional accountants in executing daily, weekly, monthly, and quarterly general accounting processes. In addition, other responsibilities include analyzing monthly activity, managing corporate general ledgers, Fixed Assets, and monthly GL close processes for areas of responsibility, balance sheet account reconciliations including the corporate bank/cash accounts, as well as ensuring SOX and internal control compliance.

Responsibilities:
  • Assist in ensuring compliance with FLS policies, US Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley (SOX) and local statutory laws and regulations and that business is conducted within FLS ethical code of business conduct
  • Manage and review work of staff. Complete mid-year and annual reviews. Drive department goals and objectives through execution of effective processes and communication with immediate and management teams.
  • Support the monthly general ledger and financial reporting close process.
  • Communicate with other functional areas and site locations, responding to voice messages, email, and etc. in the appropriate manner.
  • Review staff member job responsibilities, ensuring work is performed accurately, completely, and timely, in accordance with company policy.
  • Manage the general accounting processes and procedures for areas including cash, Accounts Payable, Fixed Assets, unclaimed property, etc.
  • Manage, review, and approve monthly journal entries (including topside journals, if any), recurring journal entries, and account reconciliations, including the maintenance of supporting documentation
  • Manage, review and signoff on the daily Accounts Payable disbursement process, including electronic payments (wire & ACH), and checks.
  • Manage, review, and approve supplemental data and other reporting, both internal and external, for areas of responsibility, including Fixed Asset CIP.
  • Review monthly bank reconciliations for corporate bank accounts.
  • Review monthly Oracle Accounts Payable reports including the AP Trial Balance, Posted Payments, Posted Invoices Unaccounted for Transactions, and Invoices on Hold for SOX control purposes.
  • Complete tasks and interact as required with the outsourced Controls (SOX), internal and external audit teams.
  • Assist with the Quarterly Corporate Analytical Review as needed.
  • Monitor, review and periodically self-test Corporate Accounting documented policies and procedures, including spreadsheet controls, for SOX compliance and gaps. Follow-up, develop and remediate controls as needed.
  • Manage and communicate the budget and forecast implication as related to Fixed Asset depreciation.
  • Focus on continuous process improvement, optimizing the utilization of tools and human resources.
  • Review and verify quarterly Corporate's Financial Controls Checklist, prior to Director signoff.
  • Provide financial support and ad hoc analysis to departmental and senior management
  • Serve as the subject matter expert for area of responsibilities, along with team members.
  • Assist the Tax Department with analysis and explanations related to IRS audits.
  • Interact and respond to SOX Controls, internal and external auditors' requests.
  • Assist with special projects as assigned
  • Additional duties as assigned
Required Experience / Skills:
  • BS or BA Degree in relevant field and 8-10 years relevant experience
  • Strong financial background with 5+ years experience as Controller, Accounting Manager or Finance Business Partner of a $50M+ industrial manufacturing operation.
  • Managed 3+ direct reports and supervising remote plants or locations
  • Strong cost accounting background
  • Experience with internal controls and audit
  • Strong ethical behavior
  • Possess a strong knowledge of US GAAP (ASC 606) and SOX control
  • Experience operating within a Shared Services Organization environment
  • Comfortable interfacing with operational and financial leadership
  • Outstanding verbal and written communication skills
  • Must be process and goal driven, customer oriented, results oriented, self-motivated
  • Excellent PC skills including Windows, Microsoft Office products, specifically Excel, Word, PowerPoint
  • Experience using Oracle R12
  • Experience with publicly traded global company
  • Experience with financial consolidation systems; SAP BPC, Hyperion
Preferred Experience / Skills:
  • CPA is desired
  • MBA is a plus
  • Public Accounting experience
  • SAP is desirable


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

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