Flowserve Corporation Finance Business Partner in Chesapeake, Virginia
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!
The Finance Business Partner position works closely with the plant manager and the leadership team in driving key initiatives and helping the Company to achieve its goals and maximize returns on investments. The Finance Business Partner will use data as a strategic asset to provide decision support, accurate planning and forecasting, operational productivity, and efficiency analysis. One of the key functions is to be a Business Partner to the departments for the applicable sites. Furthermore, this position will ensure accuracy and completeness in the income statement, balance sheet, and cash flow statement planning and forecasting as well as timely variance analysis.
Responsibilities & Requirements:
Analyze financial results and identify and communicate deviations to plan and forecast. Make recommendations for potential solutions and improvements. Promote the active use of financial data to drive business success, and continuously identify and make visible all potential risks and opportunities.
Actively support and challenge/drive plant(s) manager / plant management team to grow enterprise value (growth > market, > margins, > ROIC, > FCF). Work alongside business partner to achieve outcomes
Provide trusted finance decision support, including regular and ad hoc analysis to key stakeholders. Deliver insight into trends, risks, and opportunities
Actively collaborate with accounting, shared service, treasury, and tax peers to ensure finance & accounting processes are executed and the function achieves its objectives. Seek out ambiguity and clarify. Identify areas lacking role clarity and provide solutions, escalate where required
Identify/highlight performance trends, high & low-performing products. Recommend and target actions and projects in collaboration with the management team to improve product volumes and profitability
Support local implementation of enterprise transfer pricing methodology, standard costing, and product line reporting
Support quarterly / 90-day forecast and monthly outlook processes:
Ensure forecast output is timely and thoroughly delivered
Identify and develop key actions in partnership with the management team required to achieve forecast (addressing gaps in performance)
Strike a pragmatic balance between risk and opportunity, ensuring an acceptable variance to forecast in actual
In collaboration with the management team, ensure actions are clearly identified, continuous improvement projects are executed and delivered to meet objectives. Provide regular updates on performance and actions to achieve objectives
Bachelor’s Degree in Business with an emphasis in Accounting or Finance.
3 - 5 years of finance experience in an industrial manufacturing environment preferably as a finance business partner
Preferred Experience / Skills:
US GAAP experience
Experience working for multi-national companies
Experience in operational finance
Strong analytical skills.
Strong computer skills in MS platforms
Good written and verbal communication skills.
Experience with integrated ERP and BPC is desirable.
Primary Posting Location: Chesapeake, Virginia US
Job Advertising Title: Finance Business Partner
Job Posting Category: Finance & Accounting
Employment Type: Full time
Country: United States
Auto req ID: 52661BR
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