Financial Analyst

Company: Flowserve Corporation
Location: Holly Springs
Posted on: November 22, 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:The Financial Analyst will act as integral part of Regional Accounting Team in performing cost and profitability analysis for major projects at the Raleigh plant, supporting Finance Business Partners and Operations leadership to provide insight, consultation, and governance over project performance.Responsibilities & Requirements: Scope of Responsibility:Primary owner of cost estimate data collection, analysis, and presentation throughout lifecycle of POC projects in collaboration with cross-functional groups to support project reviews and overall health assessment for the Raleigh plantPrincipal Accountabilities:

• Prepare monthly cost Estimate at Completion (EAC) package for all major projects
• Identify, investigate, and document unusual or unexpected fluctuations
• Engage with cross-functional groups to support project change management process
• Update Project Financial Summary monthly for presentation to leadership
• Participate actively in monthly project reviews, providing critical insight to leadership based on analysis performed
• Collaborate with cost accountant and POC analyst to monitor, analyze, and present incurred and expected costs of projects
• Monitor key project financial health metrics including billings, AR collections, contract assets/liabilities, inventory, and reserves
• Collaborate with cross-functional teams to support risks and opportunities assessment on projects
• Support POC Analyst in calculation and review of monthly POC revenue recognition process
• Facilitate performance of key control for review and approval of POC project estimates by all required team members
• Support and provide value-added insight during implementation of SAP throughout the business requirements, data migration, and conversion processesQualifications:
  • Two or more years relevant cost accounting experience at industrial manufacturing companies
  • Bachelor's Degree in Accounting or Finance
  • Experience in project-based organization is a plus
  • Intermediate to advanced Excel spreadsheet skills required
  • Knowledge of and familiarity with USGAAP
  • Percentage of Completion (POC) and/or project accounting experience highly desired
  • Ability to manage large volumes of data, understand and present summary information
  • Strong communication skills to support cross-function collaboration
  • Detail oriented, analytical, and data driven mindset
  • Process-oriented approach with focus on quality work products and deadline adherence
  • Ability to prioritize, plan, perform and communicate activities both in written and verbal formPreferred Experience / Skills:
    • Experience with SAPPrimary Posting Location: Raleigh, North Carolina USJob Posting Category: Finance & AccountingJob Advertising Title: Financial AnalystEmployment Type: Full timeCountry: United StatesAuto req ID: 52905BRFlowserve 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 www.flowserve.jobs as result of your disability. You can request a reasonable accommodation by sending an e-mail 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.

Keywords: Flowserve Corporation, Cary , Financial Analyst, Accounting, Auditing , Holly Springs, North Carolina