Cost Accountant

Parker Hannifin Corp

NEW BRITAIN, CT

JOB DETAILS
SALARY
$87,050–$145,250 Per Year
SKILLS
Accounting, Accounting Close, Analysis Skills, Budgeting, Candidate Sourcing, Communication Skills, Computer Skills, Cost Accounting, Energy Efficiency, Entrepreneurship, Finance, Financial Audit, Forecasting, Generally Accepted Accounting Principles (GAAP), Human Resources, Incentive Programs, Information Technology & Information Systems, Interpersonal Skills, Inventory Management, Manufacturing, Manufacturing Analysis, Medical Treatment, Microsoft Office, Microsoft Product Family, Reconciliation, Retirement Plan, Standards Development, Supply Chain, Sustainability, Team Player, Variance Analysis
LOCATION
NEW BRITAIN, CT
POSTED
30+ days ago

Cost Accountant

Group: Fluid Connector Grp N. America

Division: Fluid Controls (FCD)

Location: USA NEW BRITAIN CT FLUID CONTR

Job Family : Accounting/Auditing

Job Type : Regular

Posted : Apr 24, 2026

Job ID: 64755

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Job Description

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Month-end accounting duties including journal voucher completion, account reconciliation, variance analysis, reports/statement preparation.

Standard cost development, monthly variance application calculation.

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.

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 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 Range: $87050 to $145250 annually
  • Participation in Annual Incentive Program

Benefit & Retirement Plans

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-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.

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About the Company

P

Parker Hannifin Corp

Parker is the global leader in motion and control technologies, precisely engineering solutions for customers around the world.
Capabilities

Parker’s engineering expertise spans the core motion technologies – electromechanical, hydraulic and pneumatic – will a full complement of fluid control systems; software and electronic controls; filtration systems; and instrumentation and sealing technologies.

The motion and control industry supports nearly all finished goods on the market today. We’re committed to helping our customers achieve higher levels of productivity. You can’t see the engineering in our products, but every day you experience the results of our work, on virtually everything that moves.

Global Strengths

With operations in more than 46 countries around the world, Parker offers many career paths and opportunities for advancement. We offer a number of hands-on training programs that enables new hires to quickly get up to speed and begin contributing to Parker’s success immediately. In addition, employees are encouraged to actively participate in professional and industry- related organizations.

Company facts

With annual sales exceeding $10 billion, Parker is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision- engineered solutions for a wide variety of commercial , mobile, industrial and aerospace markets. Parker has increased its annual dividends paid to shareholders for 54 consecutive years, among the top five longest- running dividend-increase records in the S&P 500 index. For more information, visit the company’s website at http://www.parker.com , or its investor information site at http://www.phstock.com

COMPANY SIZE
10,000 employees or more
INDUSTRY
Manufacturing - Other
FOUNDED
1918
WEBSITE
https://www.parker.com