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 world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

The Role: Support cost accounting function for the $3B Americas businesses.  Support regional cost accounting standards processes and implementation of these items through all units in the Americas.  Duties include but are not limited to the excess and obsolete inventory reporting and recording, support annual standard cost updates, coordinating physical inventories and fixed asset counts, drive continuous improvement activities for inventory/costing processes and assist in month-end close process.

Essential Duties/Principal Responsibilities:

• Monthly closing cycle:
• Prepare journal entries related to inventory valuation and cost accounting accounts
• Prepare various financial reporting deliverables

• Support manufacturing leaders (operations and finance) to ensure that business is aware of inventory and cost accounting matters and the potential impacts on the units’ financial results
• Support standardized costing function for all manufacturing locations to ensure accurate product costs and inventory balances
• Ensure accounts related balance sheet accounts are reconciled per requirements (timeliness, frequency, quality)
• Support effective execution of SOX controls (i.e. inventory, reserve accounts, etc.)
• Implement continuous improvement initiatives to drive significant improvements in cost accounting and business processes to
• Coordinate with internal & external audit for accounting and control items  

General Audit & SOX compliance:

• Maintain effective internal control environment to ensure timely and accurate financial reporting and compliance with laws and regulations.
• Supports internal and external audit requests

Additional Responsibilities:

• Assist in the development and implementation of new accounting policies and procedures as required.
• Submission of appropriate reports as required.
• Liaise with and support Finance, HR, IT and other functions within the region with SOX issues.
• To support colleagues in the Company, across Regional and departmental boundaries to ensure that the Company’s goals are achieved.             
• Provide cover where required during any period of absence.
• Comply fully with Xylem’s ethics and standard policies.
• Responsible for the achievement of annual PFP goals.
• Must work within established Company policies and procedures.
• High level financial responsibility for the Region
• High potential risk for damages or losses

Qualifications:

• Bachelor’s 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.
• Comprehensive knowledge of cost accounting items (i.e. bill of materials, costing systems and methodologies)
• 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
• Must have demonstrated the ability to engage business process owners in a direct yet professional manner, thoroughly evaluate business processes, and quickly identify potential control gaps, and implement solutions successfully.
• Ability to think creatively, highly driven and self-motivated
• Computer Skills (ERP System, Hyperion or OneStream, Oracle)

Travel requirement:

• 10%

#LI-JO2  

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.