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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationAl Khobar
About Flowserve:
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 over 16000 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.

Role Summary:
Flowserve is looking for an experienced Cost Accountant who will report to the Finance Manager based locally and will work with a team. In this role, you will support a local accounting/finance structure, working directly with operations and assisting other facilities if needed.

Your Role:
  • Month end reporting
  • Perform month end close for Inventory/Purchasing and Accounts Receivable close and reconciliation
  • Project accounting - monthly review of margins and processing
  • Sales and margin analysis
  • Processing month end journals including accruals, prepayments, and recharges
  • Fixed Asset accounting
  • Reconcile month end bookings
  • Balance sheet reconciliations
  • Management and ownership of standard costing system
  • Data analysis for cost and manufacturing within the business
  • Other duties as assigned

Your Profile:
  • Strong Cost Accounting knowledge and experience
  • General knowledge of accounting policies
  • Proficiency in Excel and other MS Office products
  • Clear and concise communication skills
  • Ability to challenge the norm and seek better solutions/processes
  • Systems knowledge: Oracle, BPC, SAP is beneficial
  • BS or BA Degree in relevant field
  • 35 years practical experience in Cost Accounting and POC Accounting

Requirements

  • Requires 2-5 Years experience

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Join Flowserve as a Cost Accountant!
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, making the world better for everyone.

Role Summary: As a Cost Accountant at Flowserve, you will report to the Finance Manager and work within a team dedicated to supporting our local accounting and finance structure. Your role will involve.
  • Month end reporting
  • Month end close for Inventory/Purchasing and Accounts Receivable
  • Project accounting with monthly margin reviews
  • Sales and margin analysis
  • Processing month end journals, accruals, prepayments, and recharges
  • Fixed Asset accounting and month end bookings reconciliation
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  • Management of standard costing system
  • Data analysis for cost and manufacturing efforts

Your Profile:
We are looking for candidates with strong knowledge of Cost Accounting and experience in general accounting policies. Candidates should have:
  • Proficiency in MS Excel and other MS Office products
  • Excellent communication skills
  • A critical perspective to challenge existing processes and seek better solutions
  • Familiarity with systems like Oracle, BPC, or SAP is beneficial
  • A BS or BA Degree in a relevant field
  • 35 years of practical experience in Cost Accounting and POC Accounting

Join us at Flowserve, where innovation meets excellence.

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