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Cost Accountant

Employer
Weatherford
Location
Houston, Texas, United States
Closing date
Jun 14, 2024

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Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Overview

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.

We are focused on technology development, digital solutions, and defining our footprint in the new energy space. Our ability to provide integrated solutions across our segments will be critical to growth in our core operations and the energy transition.

Energy producers face unique challenges every day, so it is our job to create solutions that enhance safety, streamline operations, and sustain uptime to meet or exceed their targets. We operate across the global energy landscape employing some of the best diverse talent in the industry. At Weatherford, we understand the value each individual brings to the table. We celebrate diversity in all its forms and are immensely proud of our workforce. We invite you to join our passionate, talented, word-class team.

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 offers competitive compensation, a comprehensive benefits program and provides you a challenging and enriching career path, with a healthy balance of structure and flexibility to chart your own course.

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.

Responsibilities

Weatherford is seeking qualified applicants for the position of a Distribution Center Accountant for our Houston, Texas facility. This is a hand on, rewarding role where we produce high quality and efficient products and tools for the oil and gas industry. The Distribution center Accountant will be working within a supportive, inclusive team in a fast-paced, progressive environment. Weatherford provides training, excellent benefits, and fantastic career progression.

DUTIES & RESPONSIBILITIES:
  • Must understand and comply with all safety rules and company policies of Weatherford.
  • 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.
  • Accounts Payables subsystems update Inspyrus.
  • Reconcile and record accrual and / or adjustments for balance sheet accounts.
  • Research reconciliation differences and multiple issues as they arise.
  • Prepare Landed Cost Analysis and follow up on weekly basis.
  • Analysis, review and follow up on Transport and Mobilization line on Weekly and month end basis.
  • Assist DC Controller on additional projects as needed.
  • Performs other general accounting responsibilities such as management reports, budgets and other special projects as may be delegated by DC Controller.
  • Liaises with the field operations to ensure proper accounting treatment for transactions.
  • Prepare AFE's and monitor routings, including updating AFE forecast quarterly.
  • Records and reconcile intercompany transactions, as well as facilitate mismatch reports.
  • Perform various other duties assigned by supervisor within the physical constraints of the job.
  • Provide all necessary support on all internal and external audit requests, relating to DCW operations.
  • Finance Bi-monthly Inventory Cycle Counts.
  • Reviewing Vendors and liaise with TCS on all DCW payment related issues.
  • Provide necessary support to the Controller on month end close process.
  • Receive Not Voucher Analysis on Weekly Analysis
  • shipped in the system but have not been invoiced Analysis and Follow Up
  • Shipments and Receipts Analysis
  • Performs routine subsystem reporting for internal clients.
  • Perform monthly reconciliations of the Balance Sheet Accounts and perform monthly processes in JDE necessary to ensure timely and accurate reporting.


Qualifications

SKILLS & KNOWLEDGE:

  • Bachelor's degree in accounting, Finance, and or another business-related field.
  • 2 - 5 years of prior cost accounting experience.
  • Be proficient in Microsoft Office (Excel, Powerpoint, Word, Etc.)
  • Ability to work under pressure, independently and follow instructions.
  • Have good 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.
  • Ability to evaluate alternative means of treating transactions.
  • Applies principles of accounting to analyze financial information.
  • Advanced knowledge of accounting procedures consistently seeks for process improvements and automation.
  • Initiative and dedication to tasks, dependable with good attendance.
  • Ability to work and interact with personnel at all levels within the organization.
  • Proven experience in adapting to change and flexibility.
  • Knowledge of GAAP and Sarbanes Oxley requirements would be beneficial.
  • JD Edwards and Hyperion knowledge is an added advantage.

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