Manager, Technical Accounting and Policy

Flowserve Corporation · Dallas-Fort Worth, TX

Company

Flowserve Corporation

Location

Dallas-Fort Worth, TX

Type

Full Time

Job Description

Principal Accountabilities

Specific responsibilities of the position include, but are not limited to, the following:

  • Primary technical accounting expert in key areas
  • Support global accounting function with technical accounting and Flowserve accounting policy inquiries
  • Maintain Flowserve accounting policies, including updating on an as-needed basis and approving accounting policy waivers
  • Prepare quarterly and annual impairment analysis for goodwill and indefinite-lived assets
  • Remain current and proactive on new and updated accounting standards affecting the company, including evaluation / analysis of impacts
  • Track and communicate status of upcoming FASB projects and exposure drafts
  • Partner with the business to manage efforts for implementation of new and updated accounting standards and policies across the company
  • Coordinate and manage the technical accounting and purchase accounting for acquisition and divestiture projects
  • Provide support for complex and non-routine accounting transactions, including prospectively supporting proposed business transactions, drafting technical accounting memoranda and providing relevant advice/consultation to key decision makers
  • Support accounting and finance-oriented process improvement initiatives across the company
  • Interact with internal and external auditors on relevant matters
  • Develop and administer global training programs targeted to accounting and finance personnel utilizing multiple delivery methods
  • Assist in the preparation and review of financial statements, footnotes and MD&A for annual reports on Form 10-K and quarterly reports on Form 10-Q, for a large, complex and multinational manufacturing company
  • Support other projects and corporate-level initiatives that have a significant impact on the global accounting and finance organization

Required Skills/Experience:

  • Bachelor's degree in accounting
  • 5+ years' experience in some combination of technical accounting, SEC reporting, Internal audit, industry or big four public accounting
  • Strong technical accounting background with a thorough knowledge of US GAAP, SOX 404 and SEC reporting standards and ability to perform technical research in these areas as needed
  • Strong technical accounting skills including, but not limited to, knowledge of accounting for goodwill and other intangible assets, cash flow statements, derivatives, revenue recognition, leases, fixed assets and currency translation
  • Excellent problem solving and critical thinking skills; ability to apply judgement and operate effectively in a decentralized, and dynamic environment
  • Attention to detail and accuracy with the ability to package and present complex information in an effective and efficient manner
  • Able to multi-task and meet deadlines in time-constrained situations
  • Demonstrated ability to communicate verbally and in writing throughout all levels of organization, both internally and externally
  • Strong PC skills including Windows and Microsoft Office products

Preferred Skills/Experience:

  • Masters Degree in Accounting
  • CPA Certification
  • Knowledge of Workiva and SAP BPC
  • Experience with industrial products/manufacturing/distribution companies
  • Project management experience preferred, including ability to coordinate cross-functional and global teams

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

Date Posted

03/15/2024

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