Senior Cost Accountant

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