Flowserve Corporation POC Revenue Accountant in Vernon, California

Company Overview:

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.

Position Description:

The focus of this role is to continuously evaluate 360o project balance sheet related status including operation's updates on milestones, LDs, cost estimates, change orders or changes in performance obligations for orders included in the scope of the New Revenue Standard (ASC606).


• Manage calculation of Contract Asset and Contract Liability including monthly roll of changes in short term and long term

• Work with project managers on questioning their project and performance obligation cost estimates, LD status, change orders or changes in performance obligations

• Evaluate alignment with cost estimate and cost incurred at the performance obligation level

• Prepare new ASC606 schedules

• SOX Control/Audit participation: Participate in regular performance, monitoring and testing of all SOX controls, as well as assist in External and Internal Audits.

• Balance Sheet Reconciliations

Position Requirements:

• Degree in Accounting or Finance

• 3–5 years of accounting experience within a large organization, manufacturing industry is highly desirable.

• Advanced functions with Excel required (Pivot tables, Vlook ups, etc)

• Working knowledge of US GAAP and SOX regulations required

• Revenue accounting required

• Awareness of the New Revenue Standard (ASC606)

• Experience with Baan ERP, Oracle GL and SAP/BPC Reporting systems a plus

• Knowledge of Microsoft Access

• Project management capabilities

• Good interpersonal, communication and presentation skills


Previous experience in low volume manufacturing preferred

Job Posting/Business Card Title:

POC Revenue Accountant

Primary Posting Location:

Vernon, California US

Percentage of Approximate Travel Required:


Job Posting Category:

Finance & Accounting


United States of America

Employment Type:

Full time

Relocation Eligible:


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