Cost Accountant

Weatherford

Abu Dhabi, UAE

Posted
Ref: SP965-1164

Job description / Role

Employment: Full Time

UAE nationals strongly preferred

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.

Requirements

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.

About the Company

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities.

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Accountant salaries in UAE

Average monthly compensation
AED 5,000

Breakdown available for industries, cities and years of experience