Parker Hannifin

Division Accounting Manager

Parker Hannifin$85K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting or Finance
  • 7-10 years experience in related financial discipline
  • 5 years of supervisory experience preferred

Responsibilities

  • Maintain general ledger adhering to GAAP and company policies
  • Oversee monthly, quarterly, and year-end close processes
  • Manage all external, internal, and SOX audits
  • Coordinate annual budget and monthly forecasts
  • Account for rebates and sales discount programs
  • Maintain property systems records including tax information
  • Provide account reconciliation and business analysis as required
  • Prepare monthly reports and analyses for division and corporate

Benefits

  • Inclusive and supportive work environment
  • Opportunity for career advancement
  • Empowered workforce fostering innovative ideas
  • Comprehensive training and development programs
  • Commitment to equal employment opportunities
Full Job Description
Position Summary

Position Summary:

This position involves managing various accounting functions related to supporting division leadership as well as the operational units. This position requires a high level of responsibility in maintaining accounting controls as they relate to various Parker systems and programs.

Works under the supervision of the Division Controller. Works closely with other members of the Finance Team, other Division departments/functions, and Corporate Finance. Has broad discretion as to details of job responsibilities and assignments of a varied and diverse nature.

Responsibilities

Financial Reporting and Close
  • Participate in monthly close processes; prepare and review journal entries, account reconciliations, and variance analyses in accordance with US GAAP.
  • Ensure timely and accurate divisional reporting and support external and internal audits.
  • Maintain policies and procedures aligned with Sarbanes-Oxley (SOX) requirements; ensure segregation of duties and robust internal controls.
Cost Accounting and Manufacturing Finance
  • 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.
Planning, Forecasting, and Decision Support
  • Supports the Annual Operating Plan (AOP) and monthly Sales and Operation Plans 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.
Systems, Data, and Process Excellence
  • Serve as a key user for Manman ERP and Hyperion and Power BI reporting tools
  • Champion process standardization, automation, and data integrity; lead system enhancements and user training.
Leadership and Collaboration
  • Recruit, mentor, and develop a high-performing cost 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.
Qualifications

Qualifications:
• Bachelor's Degree in Accounting or Finance
• 7-10 years experience in Parker related discipline
• 5 years supervisory experience preferred

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About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ

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