Senior Revenue Accountant

Company: Flowserve Corporation
Location: Glendale
Posted on: November 18, 2021

Job Description:

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:Act as integral part of Regional Accounting Team and provide revenue accounting support and expertise to Finance Business Partners and leadership for multiple sites (locations) and Platforms (divisions), providing insight, consultation, and governance over the revenue accounting model.Responsibilities & Requirements: ResponsibilityFocus on Process and Efficiency improvement, identifying and escalating issues and bottlenecksContract Review: Review, analyze, and determine revenue recognition methodology to apply to each contract deliverable. Final determinations must be well documented and presentable for all required approvers. Contract review includes US Person Restricted contracts, contract change orders and Nonrestricted contract review documentation in a collaborative global environment.Revenue Recognition Review: Review and approve monthly revenue recognition reports to ensure adherence to documented methodology as outlined above.Bookings and Backlog monthly reporting: Review monthly bookings from local ERPs and report to BPC in appropriate categories. Review and report proper net Backlog values to BPC on a monthly basis including Backlog Roll.SOX Control/Audit management for Regional Accounting Group: Manage site's performance, monitoring and testing of SOX controls, as well as assist in External and Internal Audits.Comply with all Corporate PoliciesSupport Regional Accounting initiativesRequirements3 - 5 years of project accounting experience within a large organization, manufacturing industry is highly desirable.2 - 3 years of experience working with Percentage of Completion accountingPercentage of Completion (POC) accounting experience preferredExperience in project-based and made-to-order organizationAccounting, Finance or Business DegreeKnowledge of USGAAP is a plus (specially ASC606 or IFRS15)Good research and issue resolution skills; Proactive attitudeAbility to assess and recommend solutions for assigned projectsAbility to prioritize, plan, perform and communicate activities both in written and verbal formExperience in PowerBI or Busines Intelligence applications a plusKnowledge of SAP, Baan and BPC is a plusStrong Excel skills Pivot tables, Vlook ups, etc), experience in Power functions a plus (Power Query, PowerPivot)In addition to education and experience, it takes a keen sense of detail and exemplary organizational skills to succeed in the roleKnowledge of sales, operations, and marketing contributions to revenue are also requiredAbility to work remotely in a decentralized matrix organizationRevenue accountants must possess the ability to work independently and make executive financial decisions with ease. Though many duties are performed independently, excellent communication skills are required as well as strategic and variable problem solving abilities. The occupation requires self-motivation, analytic aptitude, and exceptional multitasking ability. The desire to work in a challenging environment is a prerequisite.Preferred Experience / Skills:Project management capabilitiesGood interpersonal, communication and presentation skillsStrong Excel SkillsOther Posting Location: Taneytown, Pennsylvania US;Primary Posting Location: Vernon, California USJob Advertising Title: Senior Revenue AccountantJob Posting Category: Finance & AccountingEmployment Type: Full timeCountry: United StatesAuto req ID: 53567BRFlowserve is an equal opportunity employer and makes employment decisions without regard to race, gender, disability or protected veteran status. Click here to learn more. 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.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 as result of your disability. You can request a reasonable accommodation by sending an e-mail to . 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.

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