Statutory Accounting Specialist

Statutory Accounting Specialist

Budapest, HUN ID: R-20024 Job Category: Finance & Accounting Job Type: Full time

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Flowserve is a global manufacturer of pumps, valves, seals, and aftermarket services, delivering comprehensive flow control solutions that support essential industries such as energy, clean water, and pharmaceuticals. If you're looking for a culture built on ingenuity, innovation, and excellence, Flowserve offers the opportunity to put your experience in motion. Whether you're an individual contributor or a people leader, you'll find meaningful opportunities for professional growth, competitive rewards, and a workplace grounded in our core values: People, Safety, Integrity, Ownership and Ingenuity. At Flowserve, we're inspired by what we can achieve together—creating extraordinary flow control solutions that strengthen today's world while building tomorrow.

We are looking for a Statutory Accounting Specialist to join our Business Services Center (BSC), where you'll play a key role in delivering high-quality financial reporting while collaborating with global teams across the organization.

In this role, you'll combine technical accounting expertise with cross-functional partnership, supporting statutory compliance across multiple legal entities while contributing to operational excellence initiatives in a dynamic multinational environment.

Your role:

• 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 various local accounting standards (e.g., UK GAAP, German GAAP (HGB), French GAAP).
• Review local accounting entries impacting 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 timely completion of statutory audit deliverables.
• Support ERP enhancements, automation initiatives, and process improvement projects.

Your profile:

• Bachelor's degree in Finance, Accounting, or a related field.
• 4–6 years of progressive accounting experience within a multinational company or Shared 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, HGB, or French GAAP).
• Experience working with ERP systems such as SAP or Oracle.
• Advanced Microsoft Excel skills and strong proficiency in the Microsoft Office suite.
• Excellent written and verbal communication skills in English.
• Communication level Italian or French language knowledge
• Strong analytical, organizational, and problem-solving skills.
• Ability to manage multiple priorities while meeting deadlines in a fast-paced international environment.
• Professional accounting qualification (ACA, ACCA, CPA, CMA, or equivalent) is an advantage.

What we offer you:

• Friendly multicultural environment and team events
• Life, accident and health insurance
• Cafeteria Package
• Career development and training opportunity
• There is an opportunity for home office

Join our dynamic team for an exciting opportunity to grow in a supportive, global environment. Apply now!

Job Family Group : Finance & Accounting Job Family : FA Accounting

Flowserve is a global leader in flow control solutions and aftermarket services. Our people are driven by a shared commitment to building a more sustainable future and making a meaningful impact around the world. With more than 16,000 employees across 50+ countries, we combine global scale with strong local expertise. Our teams bring ingenuity, creativity, and technical excellence to every challenge, delivering innovative products and services that help customers operate more efficiently and reliably. Serving over 10,000 customers worldwide, Flowserve supports industries that provide essential resources such as energy, clean water, pharmaceuticals, and more. Put your talents—and your career—in motion with Flowserve.