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Job Description:

Company Overview

If a culture of excellence, innovation and ownership is what youre 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 Flowserves 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!

Position Description

Responsible for Revenue

Recognition based on Percentage of Completion (ASC 606) and Export Invoice

documentation/Payment collection

Position Requirements



Accounting for Overtime

Reconciles contract portfolio vs Internal System which is RCS

Assist in the Project Review meetings

Performs reasonability analysis of estimates (initial vs SAP; subsequent vis--vis prior periods; vis--vis actual costs)

Performs reasonability analysis of actuals (ITD)

Maintains POCC for each of the contracts

Performs Cost-to-Cost Calculations

Calculates Contract-to-Date Revenue

Generates and communicates the Journal Entries

Reconciles sites reported figures vs POCC

Export Collection

Support the Credit & Collection Analyst in collecting the payment from the Customers

Preparation of Export documents

Reviewing of customer Purchase Order

Focusing on Customer documentation

Progressive billing / Advance from Customer Tracking based on Purchase Order

Credit review to be performed for every Purchase order and limit approval to be obtained

Customer account reconciliation order wise

Maintenance of Customer Data base from the inception of order till the closure of the order customer wise

Coordinating with Banks for Bank Guarantees

Ensuring authentication of invoices from the authorities as per customs requirement with support of Export/ Import Department

General Competencies

Good Communication Skills

Strong Knowledge in POC Accounting (ASC606)

ERP Experience

Highly specialized professionals

Exercise professional judgement and skepticism

Apply sound judgement

Maintains a Continuous Improvement Process mentality

Proactively identify process improvements

Maintains frequent communications with the sites its supports on projects, evolution, changes in scope, status, etc

Preferences

General Competencies

Good Communication Skills

Strong Knowledge in POC Accounting (ASC606)

ERP Experience

Highly specialized professionals

Exercise professional judgement and skepticism

Apply sound judgement

Maintains a Continuous Improvement Process mentality

Proactively identify process improvements

Maintains frequent communications with the sites its supports on projects, evolution, changes in scope, status, etc

Percentage of Approximate Travel Required 15 PERCENT

Primary Posting Location Bangalore, India

Job Posting/Business Card Title Accountant

Job Posting Category Engineering/R&D

Employment Type Full time

Auto req ID 48328BR

Country India

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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Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Manufacturing/Industrial
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 15th Jul 2020

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