Muhammad Rizwan

Sr. Cost Accountant / Sit Controller (Flowserve Crop.)

Role
Sr Cost Accountant Site Controller at Flowserve Corporation
Location
Houston, TX, US
LinkedIn followers
500 followers

About Muhammad Rizwan

Result-oriented Accounting Specialist with over 9 years of experience in accounting and finance. Working with different industries including Manufacturing, Financial Services, Chemical Processing, Pharmaceuticals, Denim and Steel Manufacturing, gave me a good blend of experience and honed my abilities to a great degree. I am a certified Chartered Management Accountant. Currently working as a Cost Analyst at Stoller USA and always looking for professional growth. During my up till professional tenure I have experienced different areas related to Financial Reporting, P&L Variance reasoning, Financial Analysis, Cost Analysis, MIS Reporting, Costing, Budgeting, Pricing, Treasury, ERP implementation & customization, Letter of Credits, Insurance, payroll and Taxation. Having much diversified experiences in different business areas coupled with my qualifications compel me and to leave no stone unturned to become a part and contribute towards the growth of any organization.

Experience

  1. Sr Cost Accountant Site Controller

    Flowserve Corporation

    Apr 2023 — Present · Pasadena, TX, US

    Focus on process and efficiency improvement, identifying and escalating issues and bottlenecks• Inventory accounting (inventory initiatives to reduce safety stock, no demand, and SOMI)• Cycle count reporting, inventory reconciliation, work with operations to ensure inventory job issues are completed• Work with project management to analyze and evaluate cost in ERP• Research, troubleshoot, and answer basic to complex questions• Support the cost accounting supervisor and finance business partners in the calculation of standards, rates and/or costing standards and analyze impacts in the product cost• Support the finance business partner organization on cost accounting issues• Explore and analyze root causes of any cost related business operations issues and propose policy or process changes to improve work moving forward• Participates and supports project review meetings to identify information to be used on revenue accounting records and calculations for both percentage-of-completion and point-in-time projects• Review lower of cost or market (lcm) on projects, review the excess and obsolete reserve, analyze, and comply with lcm, loss contracts policies • Ensure accruals are accounted for properly and timely• Provide actual information to be used as a base on costs and margins for percentage-of-completion and point-in-time project’s forecast• Month end reporting• Project accounting - monthly review margins and processing• Sales and margin analysis• Balance sheet reconciliations• Management and ownership of standard costing system

Education

  • DJ SINDH GOVT SCIENCE COLLEGE, KARACHI

    HSSC, Pre-Engineering

    2008 — 2009

  • Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)

    ACMA, Accounting and management

    2011 — 2018

  • Green House Grammar School

    SSC, Science

    2007

  • Karachi University

    Bachelor of Commerce (B.Com.), Business/Commerce, General

    2012 — 2013

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Muhammad Rizwan — Sr Cost Accountant Site Controller at Flowserve Corporation in Houston, TX, US | Unifers