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Senior Cost Accountant

Senior Cost Accountant

XylemLubbock, TX, US
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Senior Cost Accountant

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the worlds most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

We are seeking a Senior Cost Accountant to join our team and play a critical role in driving financial accuracy and operational excellence. Reporting to the Site Controller, this position will oversee the sites accounting and compliance deliverables, including month-end close, general ledger management, SOX compliance, and audit support. Beyond core accounting responsibilities, the Senior Cost Accountant will serve as a trusted business partner to the sites operations team and collaborate closely with the Corporate accounting group to ensure strong financial performance and compliance.

This position will require 100% on-site presence.

Senior Cost Accountant Responsibilities :

  • Month-end closing cycle :
  • Prepare, analyze and record timely journal entries with supporting documents.
  • Perform reconciliation on key balance sheet accounts to assess validity and accuracy
  • Review and analyze general ledger to ensure all financial transactions are in compliance with GAAP and Corporate accounting guidelines.
  • Prepare and submit supplemental schedules and reports in One Stream
  • Support the site engineering team with capital projects portfolio from PAR (project approval request) thru creation of fixed assets in the general ledger. Review and analyze the CIP (construction in progress) account on a monthly basis and close out capital projects on a timely manner.
  • Partner with the site Inventory and Materials Management team with the ongoing review and analysis of Excess and Obsolete inventory (E&O); make recommendations to optimize site's inventory goals.
  • Manage the site's quarterly / annual internal control and SOX compliance protocols for the site.
  • Maintain an effective internal control environment to ensure timely and accurate financial reporting and compliance with laws and regulations. Support all internal and external audit requirements for the site.
  • Partner with the FP&A team with the development of the Annual Operating Plan (AOP) and quarterly forecasts.
  • Assist the regional Cost Accounting team with the development of standard costing for the site.
  • Participate in the site's Kaizen initiative and Identify and implement process improvement initiatives to drive productivity and efficiency.
  • Identify potential risks and opportunities and communicate to the management team to make timely decisions to optimize risks and opportunities.
  • Support the controller with special project assignments.

Key Competencies :

  • Continuous improvement mindset
  • Regulatory Compliance
  • Collaborate in a matrix environment
  • Strategic Thinking
  • Accountable & Responsible
  • Business Partnership
  • Key Relationships :

  • External : vendors, auditors and other 3rd parties
  • Internal : purchasing, inventory control, project managers as needed, Inside Sales, R&D and engineering, auditor
  • Senior Cost Accountant Qualifications :

  • Bachelors degree in Business Administration or financial / accounting with +5 years of business experience.
  • CPA, CMA or MBA is preferred.
  • Must have a working knowledge of United States Generally Accepted Accounting Principles (US GAAP) and Sarbanes-Oxley requirements.
  • Experience in publicly traded multi-site environment
  • Excellent communication (written and oral) and personal interaction skills required.
  • Highest standards of accuracy and precision; highly organized. Articulate with excellent verbal and written communication skills
  • Ability to think creatively, highly driven and self-motivated
  • Preferred Qualifications :

  • Computer Skills - ERP System, Hyperion or OneStream, Oracle; advanced excel skill
  • The estimated salary range for this position is $100,000 to $120,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range. At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.

    Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.

    At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment.

    Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylem's transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation

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    Senior Cost Accountant • Lubbock, TX, US

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