Cost​/Value Stream Accountant

Join to apply for the Cost/Value Stream Accountant role at Parker Hannifin
.

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, the company has been enabling engineering breakthroughs that lead to a better tomorrow. At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.

As a member of our team, you are instrumental in fulfilling our mission: ‘Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.’ Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker’s goal of addressing the world’s most pressing engineering challenges.

At Parker, our team members belong, matter and make a difference.

Military Flight Controls Division Supporting aircraft worldwide, Parker Aerospace’s Military Flight Controls Division (MFCD) provides primary and secondary flight control systems that make flight possible. Tested, proven and trusted in commercial and military applications for decades, MFCD provides precise position‐control actuation solutions for military aircraft across the United States and with foreign partners. The division’s Jet Pipe® electrohydraulic servo valve (EHSV) technology is used across commercial and military aircraft around the world.

Headquartered in Irvine, California, the Military Flight Controls Division is the global leader in fly‑by‑wire flight control systems and electrohydraulic products and offers the world’s most advanced motor design capabilities for flight controls.

• Has Direct Reports ___X__ Does Not Have Direct Reports

• Works with all operational units, corporate/staff and select third parties in ensuring compliance with corporate policies and procedures while maintaining accounting controls.

• 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.
• Compile and analyze diverse and complex account information to provide management with accounting information necessary to make business decisions.
• Perform economic research and studies such as rates of return, depreciation, working capital, investments, and financial and expense comparisons by analyzing profit and loss statements and income statements.
• Recommend financial actions to management through analysis of accounting options.
• Summarize current financial status by collecting information, preparing balance sheet, profit and loss statement, and other management reports.
• Maintain accounting controls by auditing compliance with accounting policies and procedures; write and recommend policies and procedures.
• Reconcile financial discrepancies by collecting and analyzing account information.
• Maintain financial security by following accounting policies and internal controls.
• Answer accounting procedure questions by researching and interpreting complex accounting policies and regulations.
• Maintain customer confidence and protect operations by keeping financial information confidential.
• Apply continuous improvement techniques and methods to internal processes and systems.
• Lead or be…