Statutory Accounting specialist
Flowserve · Budapest, Hungary · hybrid
Your Role and ImpactAs a Statutory Accounting Specialist, you will play a key role in delivering accurate, timely, and compliant financial reporting within Flowserve’s Business Services Center. You will apply your technical accounting expertise to support statutory compliance across multiple legal entities while partnering with global Finance teams and external auditors.
Your work will help ensure high-quality statutory reporting, strong internal controls, and continuous improvement across finance processes in a dynamic multinational environment.
Key Responsibilities- Support month-end and year-end close activities, ensuring accuracy, timeliness, and compliance with US GAAP, local GAAP, and corporate policies.
- Prepare and review annual statutory financial statements for multiple legal entities under applicable local accounting standards, including UK GAAP, German GAAP (HGB), and French GAAP.
- Review local accounting entries affecting statutory ledgers, including dividends, capital injections, impairments, and intercompany transactions.
- Support statutory reserves, disclosures, and local-to-US GAAP reconciliations during monthly and quarterly close activities.
- Ensure compliance with SOX requirements and the company’s global internal control framework.
- Coordinate year-end statutory audits and serve as the primary contact for external auditors.
- Respond to audit requests and ensure statutory audit deliverables are completed accurately and on time.
- Support ERP enhancements, automation initiatives, and process-improvement projects.
- Maintain accurate statutory accounting documentation, reconciliations, and audit support files.
- Collaborate with global Finance stakeholders to resolve statutory reporting and compliance matters.
Required Qualifications- Bachelor’s degree in Finance, Accounting, or a related field.
- 4–6 years of progressive accounting experience in a multinational company, Shared Services, or Business Services environment.
- Strong statutory accounting and financial-reporting experience.
- Solid knowledge of US GAAP and at least one local accounting standard, such as UK GAAP, German GAAP (HGB), or French GAAP.
- Experience working with ERP systems, such as SAP, Oracle, or comparable platforms.
- Advanced Microsoft Excel skills and strong proficiency in Microsoft Office applications.
- Excellent written and verbal communication skills in English.
- Communicational level of Italian or French, written and spoken.
- Strong analytical, organizational, and problem-solving skills.
- Ability to manage multiple priorities and meet deadlines in a fast-paced, international environment.
Preferred Qualifications- Professional accounting qualification, such as ACA, ACCA, CPA, CMA, or an equivalent certification.
What We Can Offer You- Friendly multicultural environment and team events.
- Life, accident, and health insurance.
- Cafeteria package.
- Career development and training opportunities.
- Opportunity for hybrid work.
Join our dynamic team for an exciting opportunity to grow in a supportive, global environment. Apply now!