What are the responsibilities and job description for the Accounting Manager position at Parker Hannifin?
Position Summary
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.
The Commercial Flight Controls Division, headquartered in beautiful Ogden, Utah, is a global leader in aerospace flight controls.
We are the preferred supplier of flight control solutions for the commercial, regional, business jet and advanced air mobility marketplace by offering a premier customer experience with superior engineered products that exceed our customer and regulatory requirements.
We’ve broken ground with more-electric technology and electromechanical flight control systems. Looking ahead we’re further improving flight control actuation for traditional and advanced air mobility (AAM) aircraft with new technologies and manufacturing advancements.
Come join the Parker Aerospace Team!
Position Summary
The Accounting Manager for the Parker Aerospace Commercial Flight Controls Division provides financial leadership to plant and program operations, ensuring accurate and compliant financial reporting, strong internal controls, and actionable insights that improve performance. This role oversees the monthly close, cost accounting, inventory and manufacturing accounting, compliance, budgeting and forecasting, and team development. The Accounting Manager partners closely with Operations, Supply Chain, Program Management, Engineering, Quality, and Group Finance to drive margin, cash flow, and compliance objectives.
Financial Reporting and Close
Required
Come join the Parker Aerospace Team! We are proud to offer competitive benefits designed with health, wealth and well-being in mind.
Benefit & Retirement Plans
Parker Offers Competitive Benefit Programs, Including:
In accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
This position is subject to meeting U.S. export compliance and/or U.S Government contracting citizenship eligibility requirements.
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.
(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission
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.
The Commercial Flight Controls Division, headquartered in beautiful Ogden, Utah, is a global leader in aerospace flight controls.
We are the preferred supplier of flight control solutions for the commercial, regional, business jet and advanced air mobility marketplace by offering a premier customer experience with superior engineered products that exceed our customer and regulatory requirements.
We’ve broken ground with more-electric technology and electromechanical flight control systems. Looking ahead we’re further improving flight control actuation for traditional and advanced air mobility (AAM) aircraft with new technologies and manufacturing advancements.
Come join the Parker Aerospace Team!
Position Summary
The Accounting Manager for the Parker Aerospace Commercial Flight Controls Division provides financial leadership to plant and program operations, ensuring accurate and compliant financial reporting, strong internal controls, and actionable insights that improve performance. This role oversees the monthly close, cost accounting, inventory and manufacturing accounting, compliance, budgeting and forecasting, and team development. The Accounting Manager partners closely with Operations, Supply Chain, Program Management, Engineering, Quality, and Group Finance to drive margin, cash flow, and compliance objectives.
- Location: Aerospace Manufacturing Division — North Ogden, UT
- Reports to: Division Controller
- Direct Reports: Cost/Staff Accountants; AP/AR
- Work Arrangement: On-site with potential for a 9/80 alternative work schedule
- Travel: 0-10%
Financial Reporting and Close
- Lead monthly, quarterly, and annual close processes; prepare and review journal entries, account reconciliations, and variance analyses in accordance with US GAAP.
- Ensure timely and accurate divisional reporting to Corporate (P&L, balance sheet, cash flow, dashboards) and support external and internal audits.
- Maintain policies and procedures aligned with Sarbanes-Oxley (SOX) requirements; ensure segregation of duties and robust internal controls.
- BOM/routing integrity, overhead rate setting, burden allocations, and annual cost roll processes.
- Analyze manufacturing variances (labor efficiency, material usage, purchase price variance, overhead absorption) and partner with Operations to drive corrective actions.
- Manage inventory accounting including WIP, cycle counts, physical inventory, slow-moving/obsolete reserves, and inventory turns.
- Support make/buy decisions, should-cost analyses, and continuous improvement initiatives (Lean, Kaizen, Six Sigma) with quantifiable financial outcomes.
- Maintain documentation and controls for export compliance (ITAR/EAR) and aerospace quality standards (AS9100).
- Lead the Annual Operating Plan (AOP), Long-Range Plan (LRP), and quarterly forecasts using driver-based models and scenario analysis.
- Provide financial insights on program margins, backlog, cost-to-complete, and risk/opportunity tracking.
- Support capital investment proposals (CapEx) with ROI/NPV analyses and post-investment reviews.
- Drive working capital improvements (DSO, DPO, inventory turns) in partnership with Operations, Supply Chain, and division leadership team.
- Oversee AR risk reviews, credit and collections support, and AP payment cadence to optimize cash conversion cycle.
- Serve as a key user for ERP and reporting tools
- Champion process standardization, automation, and data integrity; lead system enhancements and user training.
- Recruit, mentor, and develop a high-performing accounting team; set clear goals and performance metrics.
- Facilitate cross-functional reviews; communicate financial results and drivers to leadership and plant teams.
- Model ethics, accountability, and continuous improvement aligned with Parker’s values.
Required
- Bachelor’s degree in Accounting
- 10 years of progressive accounting experience, including strong manufacturing cost accounting.
- 5 years of leadership experience of an accounting team
- Demonstrated proficiency with US GAAP, monthly close, account reconciliation, and financial statement analysis.
- Experience with Sarbanes-Oxley (SOX) 404 controls
- Experience in a complex manufacturing environment
- Hands-on inventory/WIP accounting and variance analysis
- Strong Excel skills and proficiency with ERP systems and financial consolidation/reporting tools.
- Proven leadership capability managing teams and influencing cross-functional stakeholders.
- Excellent analytical, communication, and organizational skills; ability to prioritize and meet deadlines.
- Master’s Degree
- Experience in an Aerospace environment
- Power BI or similar analytics tools.
- Lean/Six Sigma certification or demonstrated participation in CI initiatives.
Come join the Parker Aerospace Team! We are proud to offer competitive benefits designed with health, wealth and well-being in mind.
Benefit & Retirement Plans
Parker Offers Competitive Benefit Programs, Including:
- 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 13 Company-Paid Holidays.
In accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
This position is subject to meeting U.S. export compliance and/or U.S Government contracting citizenship eligibility requirements.
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.
(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission