Senior Cost Accountant

2 days ago


Dhahran, Saudi Arabia National Oilwell Varco Full time

**Essential Job Responsibilities**:

- Control, monitor, and report on inventory valuation, standard cost, and production variances
- Ensure integrity of Work Order processing from material issues, labor postings, variances and finished goods.
- Prepare journal entries and reports for month-end closing
- Balance all inventory accounts to general ledger at month end
- Prepare key financial reports to key manufacturing and operations personnel
- Support the preparation of financial performance analysis reports and statutory financial reporting.
- Execution of Annual and Ad-Hoc Cost Rolls in compliance with segment policies
- Collaborate with others to resolve issues, test, and implement new practices
- Research and resolve account balance and transactional discrepancies; suggest solutions to prevent future issues
- Provide audit support as it relates to inventory and cost accounting
- Track and report inventory counting progress and accuracy

**Qualification Requirements **_(Minimum Education and Experience) _**:

- Degree or College Diploma in Accounting, Finance, or Business Administration or related field preferred or commensurate experience.
- 3-5 years relevant work experience preferred.
- Excellent communication skills, both written and verbal.
- Must be able to multi-task and be detail oriented.

**Technical Requirements ( **_software or program knowledge needed _**)**
- Experience with JD Edwards One World is considered an asset.

**Competencies Required**:

- Organization Skills
- Time Management

Every day, the oil and gas industry’s best minds put more than 150 years of experience to work to help our customers achieve lasting success.

**We Power the Industry that Powers the World**
Throughout every region in the world and across every area of drilling and production, our family of companies has provided the technical expertise, advanced equipment, and operational support necessary for success—now and in the future.

**Global Family**
We are a global family of thousands of individuals, working as one team to create a lasting impact for ourselves, our customers, and the communities where we live and work.

**Purposeful Innovation**
Through purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better.

**Service Above All**
This drives us to anticipate our customers’ needs and work with them to deliver the finest products and services on time and on budget.

**Wellbore Technologies**

Within NOV Wellbore Technologies, we enhance drilling performance at the rig, both on land and offshore. We understand the complete process and anticipate what our customers need to be successful.


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