Flowserve Corporation Director, Controller in IRVING, Texas
Flowserve is the recognized world leader in supplying pumps, valves, seals, automation, and services to the power, oil, gas, chemical, and other industries. With more than 18,000 employees in more than 55 countries, we combine our global reach with a local presence.
As a direct report to the Director of AM Services & Solutions (AMSS) Finance, and a strong dotted line to VP Manufacturing Operations for (AMSS) this role is to provide accurate and timely reporting of actual/forecast results for all AMSS Manufacturing Hubs. In addition this role will oversee the global AMSS FP&A function and AMSS Non-site Budgets.
Work with site controllers and GM’s to set expectations and monitor performance.
Responsible for monthly / quarterly internal reporting with a focus on trends, opportunities, and performance measures versus budget, flash, forecast, and prior periods. Prepare financial analyses to support the analytical needs of management.
Responsible for leading a team of eight site controllers in executing daily, weekly, monthly and quarterly processes. Ensure Quarterly reporting is accurate and timely.
Additional responsibility includes overseeing three analysts in managing monthly processes for AMSS such as report creation and streamlining, coordination of CapEx spend, coordination of Primary Working Capital initiatives, AM Non Site and R&D to include monthly forecast and reporting of actuals to department owners. The position will also assist with the roll-out of revenue recognition initiatives.
Ensure that accounting practices comply with corporate policies and procedures and regulatory requirements.
Coordinate the development of financial reports that provide financial information to support business decisions and meet regulatory reporting requirements.
Assist in the development of and reporting on metrics that assess performance and progress toward achieving plan objectives, programs and projects.
Provide proactive business and financial analysis, identify important trends and perform detailed variance analysis to assist operations in achieving their objectives.
Maintain an adequate system of internal controls to provide reasonable assurance that assets are protected and results are properly reported. Ensure that there are no material weaknesses or significant deficiencies in controls that would require reporting under the Sarbanes-Oxley regulations.
Participate in the sales and operations planning process to ensure that plans and forecasts reflect the business and those gaps are identified early and appropriate actions are taken to protect the plan.
Provide appropriate evaluations and analyses for strategic capital investments or other investment opportunities and ensure compatibility with business objectives.
Follow Treasury policies for credit and collections, cash management, foreign exchange, risk management and other applicable procedures.
Drive Primary Working Capital initiatives.
Ensure the highest standards of ethical behavior are maintained across the Finance organization.
Ensure financial requirements of Seal Platform are considered (where matrix reporting lines exist across the region) and maintain open and effective communication channels.
Support company-wide flash, forecasting and budgeting processes and related analytics.
Assist with the consolidation of the strategic and annual operating plan.
Support company-wide monthly / quarterly standardized processes to enable timely, disciplined execution of internal and external reporting deliverables (Monthly Operating Reviews, Management Trend Book, etc.).
Coordinate with Divisional FP&A resources to drive consistency and best practice leverage across the organization.
Drive standardization in information requirements, format, and process throughout the business.
Assist in the development of enhanced analytics in response to changes and opportunities in the business
Assist with the preparation of senior management presentations.
Work cross-functionally with other departments to gather data and coordinate effort.
Prepare ad-hoc analyses as part of the company’s continuous improvement effort.
Support implementation of new business planning and forecasting system.
Minimum of 10 years of accounting experience in an industrial manufacturing business.
Education: Bachelor degree in accounting or finance
Proven experience in troubleshooting and implementing accounting controls, budgeting and forecasting processes, along with solid business skills to compliment technical accounting and finance skills.
Experience of managing several direct reports. Comfortable in dealing with people from diverse backgrounds and cultures.
Team builder, with a passion for developing and mentoring others, and building a strong, engaged and motivated team.
Proactive and detail oriented individual capable of monitoring the financial systems and controls, and making any necessary changes or upgrades to such systems or procedures.
Working knowledge of U.S. GAAP.
The successful candidate must be technically proficient, organized, and an independent thinker. He or she will have outstanding inter-personal skills and be able to work with diverse groups.
Strong values that coincide with that of the company.
Strong sense of urgency and a willingness to make tough recommendations and support or execute follow up action when needed..
Experience with financial reporting and analysis, and communication of results to a wide audience of various management levels. Significant daily interaction with Director Level and above.
See position requirement section above.
Job Posting Category Finance & Accounting
Employment Type Full time
Percentage of Approximate Travel Required 25%
Other Posting Location
Relocation Eligible Yes
Country United States of America
Req ID 35164BR