Accounting Manager

Company Name:
Mitsubishi Heavy Industries Compressor International Corporation

Location:

Houston, TX, US, 77047

Job Title:

Accounting Manager I

Location:

Pearland, TX

Employee Type:
Full Time/Exempt

Reports To:

Treasurer

Manages:
Sr. Accountant, Accountant

The Accounting Manager is responsible for managing the Company's accounting operations, including financial close activities, consolidated financial reporting, cost accounting, inventory accounting, tax and audit coordination, cash management, and process improvement initiatives within a manufacturing environment. This position ensures accurate and timely financial reporting, compliance with U.S. GAAP and company policies, and the maintenance of effective internal controls.

Reporting to the Treasurer, the Accounting Manager leads accounting staff and collaborates with cross-functional teams to support manufacturing operations, financial reporting requirements, and organizational objectives. The role requires strong technical accounting expertise, SAP proficiency, manufacturing accounting experience, and demonstrated leadership skills.

• Foster an environment of teamwork, compliance and continual improvement.
• Adhere to the Company's objectives, i.e. Safety, Quality, Environmental and Information Security
• Ensure compliance with departments standard procedures.
• Work closely with the Treasurer, internal accounting staff , and offshore accounting support team in the following areas:

• Supervise and mentor internal accounting staff.
• Conduct performance reviews, provide coaching and training, and foster career growth and accountability.
• Manage the daily accounting operations and deliverables of the internal accounting team, ensuring accuracy, timeliness, and alignment with company procedures.
• Provide solution support to the cross-functional teams to resolve accounting transactional, system, or procedural issues efficiently.
• Perform other related duties and responsibilities as assigned or modified to meet business needs.

• Lead and manage all aspects of the monthly, quarterly, and annual financial close process, ensuring accuracy, completeness, and compliance with U.S. GAAP and company policies.
• Serve as the primary accounting lead for SAP month-end and year-end closing activities, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Inventory, Cost Accounting, and related subledger reconciliations.
• Maintain strong technical knowledge of SAP FICO, MM, and Asset Accounting (AA) modules, ensuring proper accounting treatment of business transactions and efficient financial close processes.
• Review and approve journal entries, account reconciliations, accruals, reserves, and financial schedules to support timely financial reporting.
• Oversee manufacturing cost accounting, including inventory valuation, standard costing, cost allocations, and cost of goods sold (COGS) reporting.
• Manage standard cost development and maintenance, including analysis and reporting of material, labor, manufacturing overhead, and production variances.
• Oversee inventory accounting and valuation, ensuring compliance with U.S. GAAP and company accounting policies.
• Manage inventory controls, physical inventory observations, inventory reconciliations, and investigation of inventory discrepancies.
• Ensure accurate accounting and allocation of manufacturing overhead costs and production-related expenses.
• Oversee fixed asset accounting, including capitalization, depreciation, asset disposals, physical asset verification, and capital project tracking.
• Prepare and review monthly, quarterly, and annual financial statements and supporting schedules in accordance with U.S. GAAP.

• Managing month-end and quarter-end close processes, consolidated reporting packages, related-party transactions, and maintaining corporate reporting deadlines in a manufacturing environment.

• Coordinate internal and external audits and ensure compliance with audit and reporting requirements.
• Manage local and federal tax compliance, including income tax, property tax, and…