Supervisor, Cost Accounting

The Supervisor, Cost Accounting leads a cost-accounting team responsible for accurate, timely,

controlled financial reporting and analysis for assigned reporting units. The role combines people

leadership, month-end execution, manufacturing-cost analysis, compliance, stakeholder partnership,

and continuous process improvement.

Key Responsibilities

Team Leadership and People Management

Supervise the team’s day-to-day cost-accounting activities, including monthly close, reporting,

reconciliations, cost analysis, project reviews, valuation adjustments, and supplemental

reporting.

Balance workloads and ensure month-end deadlines, reporting timetables, service levels, and

KPI targets are achieved.

Forecast and monitor team capacity, leave, overtime, and operational activity while maintaining

quality and legal compliance.

Establish backup coverage and cross-training to protect continuity of service.

Recruit, onboard, coach, mentor, develop, and retain capable team members.

Lead performance management, talent assessment, succession planning, and development

planning for the team.

Foster an engaged, accountable culture of operational excellence, continuous improvement,

and Flowserve values.

Cost Accounting, Closing, and Financial Analysis

Lead and review monthly closing and reporting activities for assigned reporting units, ensuring

complete, accurate, and timely financial information.

Oversee sales and margin analysis and monitor manufacturing variances, identifying drivers,

risks, and improvement opportunities.

Coordinate and review the annual Standard Cost Roll process.

Review sales- and production-related valuation adjustments, including penalties, warranty costs,

inventory write-offs, and slow- and obsolete-stock considerations.

Ensure preparation and quality review of project-review summaries, including the process to

sign off orders.

Lead completion and review of monthly Supplemental Reports and Quarterly Site Analytics

templates.

Partner with finance business partners to support forecasts, variance explanations, and

deviation analyses.

Provide clear team reporting to stakeholders through regular and ad hoc reporting.

Controls, Compliance, and Governance

Ensure compliance with Flowserve policies, ethical standards, US GAAP, SOX, and applicable

local statutory requirements.

Implement and maintain effective internal controls for the cost-accounting area, embedding

governance standards across end-to-end processes.

Demonstrate and maintain a thorough understanding of financial controls for local and SOX

requirements.

Monitor appropriate systems access for team members in line with SOX, legal, and Flowserve

process requirements.

Coordinate and respond to internal and external audit requests.

Process Excellence and Stakeholder Management

Maintain current process documentation, workflows, and the team knowledge base.

Identify, propose, and lead process improvements, including projects that strengthen efficiency,

control, quality, or service delivery.

Work with process subject-matter experts, BSC teams, and sites to support transitions of

responsibilities into the BSC where required.

Build productive working relationships with site leadership, procurement, finance business

partners, and other internal or external stakeholders.

Partner with stakeholders to support accurate, controlled financial statements within the

assigned domain.

Qualifications and Experience

Bachelor’s degree in Accounting, Finance, Economics, Business Studies, or a related discipline;

an accounting degree is required for GL Supervisor roles, while economic or business studies are

preferred for finance supervisor roles.

At least five years of relevant experience, including at least two years in a shared-service center;

cost-accounting experience in a manufacturing environment is essential for this role.

CPA, Chartered Accountant, or equivalent qualification is preferred.

Sound knowledge of US GAAP or IFRS, together with practical knowledge of SOX and internal

controls.

Experience with Oracle, BPC, and SAP is beneficial.

Advanced Excel capability and confident use of Microsoft Office applications.

Skills and Competencies

Demonstrated ability to motivate, coach, develop, and manage people.

Strong analytical ability, attention to detail, and sound judgment in resolving complex financialaccounting matters.

Clear written and verbal communication skills in English, including the ability to negotiate and

influence stakeholders.

Strong ownership, proactivity, and problem-solving orientation.

Ability to prioritize competing demands, work independently, and perform effectively in a fastchanging environment.

Continuous-improvement mindset; Lean Six Sigma exposure is an advantage.

Ability to build and sustain effective stakeholder relationships and to lead process change.

Native or business-level Mandarin communication skills