What are the responsibilities and job description for the Cost Accountant position at Parker Hannifin?
Position Summary
Month-end accounting duties including journal voucher completion, account reconciliation, variance analysis, reports/statement preparation.
Standard cost development, monthly variance application calculation.
Responsibilities
Work closely with I/T Department for implementation of new system enhancements.
Direct interaction with supervisors/managers in annual budgeting/planning process.
Responsible for inventory control for plant(s) using work orders and repetitive shop floor controls. Take lead in coordinating annual physical
inventory. Reconciles book to physical differences
Develop and maintain written procedures/work-instructions for division cost accounting duties.
Maintains standard costs for all part numbers. Develops and enters standard costs for new or redesigned parts or Engineering Changes Notices
(ECNs).
Develops and maintains ongoing audits of standard costs, work centers, and routing codes. Reviews new routings to ensure correct structure to
be costed.
Performs monthly closing activities. Analyzes manufacturing variances. Produces financial schedules.
Works on special projects. Prepares audit schedules, corporate requests, margin review, etc.
Participates in quote review process.
Assists in preparation of departmental budgets and forecasting.
The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The
company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can
perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe
the general nature of the position.
Qualifications
Bachelor's degree with a concentration in Accounting.
2-5 years division accounting experience.
Strong analytical, communication, and interpersonal skills.
Strong personal computer skills with Microsoft Office products.
Knowledge of General Accepted Accounting Principles (GAAP)
Parker Hannifin
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we’ve enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.
With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway and transportation.
Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities and create a brighter future.
Our Purpose — Enabling Engineering Breakthroughs that Lead to a Better Tomorrow — comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged. This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond.
By combining deep expertise with an entrepreneurial spirit, we help customers succeed in markets that demand performance, reliability, and sustainability.
As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.
Competitive Compensation
Pay, Benefits, Work Schedule
Parker Offers Competitive Benefit Programs, Including
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
Drug Tests
Drug-Free Workplace
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.
Month-end accounting duties including journal voucher completion, account reconciliation, variance analysis, reports/statement preparation.
Standard cost development, monthly variance application calculation.
Responsibilities
Work closely with I/T Department for implementation of new system enhancements.
Direct interaction with supervisors/managers in annual budgeting/planning process.
Responsible for inventory control for plant(s) using work orders and repetitive shop floor controls. Take lead in coordinating annual physical
inventory. Reconciles book to physical differences
Develop and maintain written procedures/work-instructions for division cost accounting duties.
Maintains standard costs for all part numbers. Develops and enters standard costs for new or redesigned parts or Engineering Changes Notices
(ECNs).
Develops and maintains ongoing audits of standard costs, work centers, and routing codes. Reviews new routings to ensure correct structure to
be costed.
Performs monthly closing activities. Analyzes manufacturing variances. Produces financial schedules.
Works on special projects. Prepares audit schedules, corporate requests, margin review, etc.
Participates in quote review process.
Assists in preparation of departmental budgets and forecasting.
The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The
company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can
perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe
the general nature of the position.
Qualifications
Bachelor's degree with a concentration in Accounting.
2-5 years division accounting experience.
Strong analytical, communication, and interpersonal skills.
Strong personal computer skills with Microsoft Office products.
Knowledge of General Accepted Accounting Principles (GAAP)
Parker Hannifin
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we’ve enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.
With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway and transportation.
Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities and create a brighter future.
Our Purpose — Enabling Engineering Breakthroughs that Lead to a Better Tomorrow — comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged. This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond.
By combining deep expertise with an entrepreneurial spirit, we help customers succeed in markets that demand performance, reliability, and sustainability.
As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.
Competitive Compensation
Pay, Benefits, Work Schedule
- Pay Range: $87050 to $145250 annually
- Participation in Annual Incentive Program
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 Company-Paid Holidays.
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
Drug Tests
Drug-Free Workplace
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.
Salary : $87,050 - $145,250