Manager-Controller

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 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. We invite you to put your talents and career in motion at Flowserve.

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!

Role Summary:

Manager-Controller will be primarily responsible for US GAAP and I GAAP reporting and will be 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.

Education:

Bachelor’s degree in accounting and MBA/CA/CMA.

Previous Experience:

8+ years of experience as Controller or Accounting Manager in an industrial manufacturing operation, within the last 4 years and having managed 3 direct reports.

Desired knowledge:

Strong Ethical Behavior, Accounting (specially Project and costs accounting areas), financial metrics, US GAAP, SOX, Internal controls and Audit, ASC 606 with strong experience in Overtime-POC accounting, personnel management capacity and experience, decision making, statutory accounting and legal local requirements knowledge, ERP systems (Oracle/SAP) and financial consolidation systems (BPC, Hyperion, etc.), Advanced Excel.

ACCOUNTABILITIES:

Maintain accurate financial records to report correct information in a timely manner in accordance with US GAAP and Flowserve policies and procedures. This includes:

Account reconciliations are completed, reviewed and approved on time for all accounts.

Reconciling items are clearly identified and are addressed timely (<90 days).

Own cut-off procedures and review to ensure revenue and accruals are appropriately and timely recorded.

Correct application of ASC606 standard, Overtime-POC.

Monthly contract reviews (Costs estimations and variances reviews).

Perform and execute all comprehensive procedures to ensure all "known" assets and liabilities are included in the financial statements.

G/L maintenance exists and mappings between local ERP and corporate consolidating system are understood, managed, and maintained.

Embrace, adopt and implement Continuous Improvement Programs or Plans.

Operating under tight schedules.

Maintain discipline in decentralized processes (billing, cycle counts, hour tracking, etc.)

Support the monthly close process through meeting deadlines established within the group, division or corporation. This includes:

Consolidation corporate system loads / Local GL loads.

Supplemental information Templates.

Quarterly Templates (Site analytics and key control processes).

Monthly Reports.

Owns the annual cost roll process.

Periodic Information Requests.

Ensure compliance and support the Internal Audit / External Audit process:

Maintain financial management processes to ensure compliance with corporate policies and internal practices.

Keep Key controls procedures update and review them periodically (at least quarterly).

Ensure Reserves and accruals calculations are in line with Corporate polices and contain all the required supporting documentation.

Coordinate and drive the Statutory, US GAAP and SOX audits to comply with all deliverables on a timely basis meeting all the deadlines.

Support Business Units to achieve their business objectives:

Provide information about inventories that help identify the slow movement inventory and inventory to become obsolete, so Operations can take preventive and corrective actions about it.

Provide information about departmental expenses, plant Utilization and Cost Variances to be used on Operational excellence initiatives.

Statutory and legal local requirements:

Support banking transactions including Bank Guarantees / Letter of Credit, GST and various Indirect taxes, Direct taxes, and other statutory / legal requirements for the company to keep our operations running in the country.

Req ID : R-14227

Job Family Group : Finance & Accounting

Job Family : FA 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

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