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Parker Hannifin · 2 days ago

Cost/Value Stream Accountant

Irvine, CA

Full-time

Onsite

Senior Level

$87K/yr - $145K/yr

6+ years exp

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. The Cost/Value Stream Accountant will apply accounting principles to analyze financial information, prepare reports, and ensure the accuracy and integrity of financial data, specializing in cost accounting and value stream reporting.

HardwareIndustrial ManufacturingManufacturing

No H1B

U.S. Citizen Only

Responsibilities

Perform Cost Accounting month-end close entries and reconciliations

Perform inventory reporting and analysis

Review and update product costs and ensure proper inventory valuation

Analyze cost of sales, cost trends, identify drivers for cost fluctuations

Review excess and obsolete inventory

Coordinate inventory cycle counting program, investigate variances, and ensure compliance with policies

Prepare monthly Value Stream financial reports, including P&Ls and related analysis

Perform various Value Stream targeted cost analyses

Support Value Stream Organizations and Business Teams

Compiles and analyzes diverse and complex account information to provide management with accounting information necessary to make business decisions

Performs economic research and studies subjects such as rates of return, depreciation, working capital, investments, and financial and expense comparisons by analysis of profit and loss statements and income statements

Recommends financial actions to management by analyzing accounting options

Summarizes current financial status by collecting information, preparing balance sheet, profit and loss statement, and other management reports

Maintains accounting controls by auditing compliance with accounting policies and procedures

Writes and recommends policies and procedures

Reconciles financial discrepancies by collecting and analyzing account information

Maintains financial security by following accounting policies and internal controls

Answers accounting procedure questions by researching and interpreting complex accounting policies and regulations

Maintains customer confidence and protects operations by keeping financial information confidential

Prepares diverse and complex financial reports by collecting, analyzing, and summarizing account information and trends

Recommends actions by analyzing and interpreting data and making comparative analyses

Applies continuous improvement techniques and methods to internal processes and systems

May lead or be assigned to a special project team

Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing professional networks, and/or participating in professional societies

Complies with federal and state legal requirements and professional standards

Studies existing and new legislation, enforces adherence to requirements; and advises management on needed actions

May provide leadership to others in accounting or within a business team

Acts as prime contact on high level projects

Establishes goals and objectives required to complete projects

Trains and mentors less experienced employees

Shares specialized knowledge with others

Represents company on high level projects

Contributes to team effort by accomplishing related results as needed

Qualification

Cost AccountingFinancial ReportingGenerally Accepted Accounting PrinciplesAutomated Accounting SystemsContinuous Improvement PrinciplesTeam CommunicationData AnalysisProblem Solving

Required

Bachelors degree (BS) in Accounting

Demonstrated ability to perform the essential functions of the job typically acquired through six or more years of related experience

Thorough knowledge of Generally Accepted Accounting Principles, laws, and regulations, including Cost Accounting Standards (CAS) and/or Federal Acquisition Regulations (FAR)

Ability to effectively assess and implement continuous improvement principles and techniques

Proficient with automated accounting systems, spreadsheet applications, and internet/intranet communications

Ability to read, analyze, and interpret complex financial reports

Ability to prepare detailed reports, graphs, presentations, and business correspondence

Ability to respond to questions from management and customers; respond to inquiries or complaints from customers, regulatory agencies, or members of the business community

Ability to effectively communicate and present information to team members, team leaders, and top management

Ability to define problems, collect data, establish facts, and draw valid conclusions

Ability to effectively demonstrate team member competencies and participate in goal-setting, performance feedback, and self-development activities

Benefits

Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.

401(k) Plan with company matching contributions at 100% of the first 5% of pay.

Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.

Career development and tuition reimbursement.

Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.

Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.

Paid Time Off and Company-Paid Holidays.