Weatherford

Cost Accountant

Job Locations AE-ABU DHABI
ID
2021-127417
Category
FINANCE & ACCOUNTING
Position Type
Regular Full-Time

Overview

Weatherford is the leading wellbore and production solutions company. Operating in more than 75 countries, the Company answers the challenges of the energy industry with its global talent network of approximately 17,000 team members and 380 operating locations, which include service, research and development, training, and manufacturing facilities. Visit weatherford.com for more information or connect on LinkedInFacebookTwitterInstagram, or YouTube.

 

We’re looking to the future with a clear vision and a strong mission.
 

Our goal is to address the headwinds facing the industry, revolutionize the oilfield with digital technology, integrated solutions, and world-class talent.

 

We accept every challenge for the benefit of our Company, our industry, and the world. Our technology leadership delivers solutions that rise to every occasion, supply the best outcomes in each operation, and give power to all customers.

 

Weatherford offers competitive compensation, a comprehensive benefits program and opportunities for on-going training and career development. VEVRAA Federal Contractor – Priority Referral Requested.

 

Weatherford is an Equal Opportunity Employer Females/ Minorities/ Veterans/Disabled and gives consideration for employment to qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Responsibilities

JOB SCOPE:

 

 

A key member of the accounting staff reporting directly to the Plant Controller. Major focus of responsibilities will be in the Manufacturing costing area, however there will be other accounting functions as well.

 

DUTIES & RESPONSIBILITIES: (not listed in any particular order)

  • Coordination of cost accounting and reporting activities
  • Setting Standard Costs of manufactured goods i.e. cost freezing
  • Assisting team in completing annual Cost roll
  • Ability to perform ad-hoc financial analysis as needed to support business
  • Establish annual labor and overhead rates
  • Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
  • Clarify and troubleshoot contact items with estimators as needed.
  • Analyze manufacturing costs and prepare regular reports including comparison of standard costs to actual production costs i.e. review of JCV, PPV and other KPI’s.
  • Attend review meetings with Plant supervisors/managers and local management.
  • Assist in audits and general ledger preparation for closing activities.
  • Performing month-end cost accounting close (including Work order closures).
  • Assist in Conducting physical inventories/assets and monitor the cycle count program and posting the results
  • Performing account reconciliations & balance sheet reviews.

Qualifications

SKILLS & KNOWLEDGE:

  • Bachelor in Accounting with CA/CPA/ICWA degree.
  • Two to three or more years prior cost accounting experience.
  • Proficient in Microsoft Office.
  • Proficient presentation preparation, communication and writing skills.
  • Ability to work under pressure.
  • Strong analytical, quantitative, and problem-solving skills.
  • Excellent organizational and interpersonal skills.
  • Ability to work and interact with personnel at all levels within the organization.
  • Ability to work independently and as part of a team
  • J.D. Edwards Xe OneWorld experience is preferred.
  • The physical ability to immediately respond to emergency situations. 

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