Cost Accountant / Finance and Accounting

Job Summary

The Cost Accountant has responsibility for completing accounting transactions in accordance with accounting principles, collecting, compiling financial information, performing billing procedures, and preparing accurate and timely financial reports and accounting statements.

Roles and Responsibilities

·         Perform General Ledger reconciliation, and address field questions during close.

·         Prepare daily, weekly, monthly and quarterly reports as needed.

·         Fixed asset controls, depreciation, and analyzing variations of profit and loss income statements and prepare reports on findings.

·         Reconcile and record accrual and / or adjustments for balance sheet accounts.

·         Research reconciliation differences and multiple issues as they arise.

·         Performs other general accounting responsibilities such as management reports, auditor inquiries, budgets and other special projects as may be delegated by Plant Controller

·         Liaises with the field operations to find proper accounting treatment for transactions.

·         Prepare AFE's and monitor routings, including updating AFE forecast quarterly.

·         Prepare Product Costing

·         Records and reconcile intercompany transactions, as well as facilitate mismatch reports.

·         Maintains effective communications with all key stakeholders both internal and where appropriate external.

·         Facilitate the delivery of strategic advice and support to key business stakeholders.

·         Provide timely and appropriate information and support to relevant internal customers.

·         Develop strong collaborative relationships with key stakeholders and cross functional teams.

·         All employees have an accountability to the organization to be financially responsible whether they are in charge of a function budget or simply their own expenses.

·         Costs incurred should be within approved budget, processed within agreed time frames & following the relevant financial policy and procedure.

·         Participate in business planning, performance, and operational reviews, and other business alignment and strategic activities to ascertain talent and development effectiveness and needs.

·         Work with key business stakeholders to improve and refine business models to facilitate the planning and forecasting process.

Skills / Education

·         Bachelor’s Degree in accounting, Finance, and or another business-related field

·         3-5 years of prior cost accounting experience

·         Proficient in Microsoft Office

·         Ability to work under pressure, independently and follow instructions.

·         Strong analytical, quantitative, and problem-solving skills. Strong math aptitude and ability to work accurately with numbers.

·         Excellent organizational, written and interpersonal skills, attention to detail

·         Experience of working closely with operational and other non-financial personnel

·         Knowledge/experience of Sarbanes Oxley and other SEC requirements

·         Knowledge of industry related concepts and terminology

·         Proven experience in adapting to change and flexibility.

·         Advanced Excel user

·         JD Edwards and Hyperion knowledge is preferred.

·         This role may require domestic and potentially international travel of up to:  10%

About Us: 

Weatherford is a leading global energy services company. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Across our operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation. 

When you join Weatherford, you instantly feel connected to something bigger – a community that is grounded by our core values and driven to create innovative solutions for our customers. We celebrate each other’s successes, grow together, and learn from each other constantly. Individually, we are impressive. Together, we are unstoppable. We are One Weatherford. 

Weatherford is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

 #LI-KP1