Flowserve Corporation Jobs

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Flowserve Corporation Accountant in Al-Khobar, Saudi Arabia

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:

SOX compliances, Collections, Management reports etc.

Responsibilities & Requirements: Responsibilities: - Shall be responsible for

  • Supervising collections

  • Invoicing to customers

  • Progress billing

  • Revenue recognition both POC and PIT

  • Follow up with Project Management for project performance in terms of :

  • To determine cost estimates and monitor overruns to ascertain the LCM reserve

  • Billing progress

  • SOX compliance

  • Preparation of monthly Management reports

  • ERP Systems update in the area of invoicing collection etc

  • Business intelligence(BI) Business Planning and Consolidation(BPC) in areas related to booking and backlog

  • Successor for Financial analyst during his absence or otherwise

  • Requirements :

  • US GAAP and IFRS

  • Inventory, Manufacturing and integration accounts

  • Percentage of completion (POC) with its Journals and books

  • Requirements of internal audit and statutory audit(in the area of Collections, project costing etc.), a must.

  • SOX compliance

  • Budgeting exercise in consultation with Finance controller

  • Cost accounting

  • Management accounts

  • Project accounting

Preferred Experience / Skills:

Educational Qualification: CPA any part(s), CA Intermediate, Finalist, CMA, ICWAI-Intermediate/Finalist or Bachelor in Commerce with or without MBA

Experience, Industry and background: Must have:

  • Experience: minimum 10 years, with at least 5 years in similar position

exposure to ERP. Oracle Financials and or SAP (BI) BPC 10.0 (highly preferred)

Primary Posting Location: Al-Khobar, Saudi Arabia

Percentage of Approximate Travel Required: 20%

Job Posting Category: Finance & Accounting

Job Posting/Business Card Title: Accountant

Employment Type: Full time

Country: Saudi Arabia

Auto req ID: 49943BR

Flowserve 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.

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