Job Description

Job Category: ACCOUNTING
:
The Senior 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.
Duties & Responsibilities:

• Must understand and comply with all safety rules and company policies of Weatherford.
• Provide day to day accounting support for the plant.
• Supporting annual standard cost roll process.
• Work with plant controller through the month-end close process.
• Make necessary adjusting journal entries.
• Run month-end closing system jobs and reports.
• Ensure accuracy of all system-generated transactions to the ledger.
• Review monthly reports.
• Reconcile (detail to ledger) significant accounts: inventory, accounts payable, AP suspense, fixed assets, and inventory reserve accounts.
• Work with production control on review of work order variances and cost updates.
• Verify the accuracy of all inventory costs and transactions including reviewing the cost of BOM's, routings, cost roll process, and X-Factors.
• Work with inventory management on review of inventory transactions and adjustments.
• Provide support for plant management by producing necessary custom reports from ERP system.
• Assist in resolving potential system issues such as conversions, training, and support.
• Assist Plant Controller in review and analysis of plant financial as well as ad-hoc reporting.
• Support process improvements to improve efficiency and accuracy of the plant accounting team and the overall performance of the plant.
• Maintain and monitor all aspects of the financial reporting and manufacturing cost system.
• Assist in the assurance that all policies, procedures, GAAP, SOX requirements and standards of work are followed and compliant to expectations.
• Assist plant controller in the review and implementation of internal controls when required.
• Support Inventory Cycle count process.
• Assist the cost/billing of the R&M process

Required:

• 5-8 years of prior cost accounting experience
• Experience / understanding of a Repair & Maintenance environment
• Proficient in Microsoft Office
• 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
• Advanced ability to evaluate alternative means of treating transactions.
• 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

Preferred:

• Advanced Excel user
• JD Edwards and Hyperion knowledge is preferred.

Understanding of Assets / Depreciation
Qualifications:

• Bachelor's Degree in accounting, Finance, and or another business-related field

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.

Skills Required