UAE Careers Jobs

Accountant - Drilling Services Job


Valid Till: N/A

Dubai, United Arab Emirates

Company Description

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.

We are focused on technology development, digital solutions, and defining our footprint in the new energy space. Our ability to provide integrated solutions across our segments will be critical to growth in our core operations and the energy transition.

Job Description

  • Management visit presentation (as & when required) –DS-VP , CEO Visit
  • Ad hoc analyses/reports as required by management (drafted R&M loan matrix policy, manpower planning)
  • Analysis/ reports required by Ops Controller / GZBM
  • Annual budget preparation
  • External & internal audit points –submission of support for samples / close out of audit points
  • Month end closing entries –UR accruals, cost review, variance analysis, proper cost booking / coding, reclassifications, corrections
  • R&M forecast files preparation and submission to MENA districts
  • R&M cost forecast vs actuals analysis
  • KPI scorecard
  • Monitoring & calculating team’s monthly labor utilization
  • Timetrac /timesheet review & rectifications
  • Review of efficiency per tool type
  • Closed WO actual cost review vs standard
  • Intercompany billings –max 25th of each month, in coordination with supervisors & GBL PL asset manager
  • Borrowed labor calculation & recharges
  • Fixed assets -scrap assets routing requests, custom duty confirmation, as applicable
  • Resolution of ICP mismatches & disputes
  • Coordination of supplier payment & follow ups (overdue / payment issues)
  • OT review, preparation & submission to payroll team
  • AP accrual review and submission to AP team
  • LB rate calculation / re-calculation, update in JDE if required
  • JDE system set up – BU creation as needed

Qualifications & Experience:

  • Minimum of Bachelors’ degree in Accounting is essential.
  • Minimum of eight years related accounting experience.
  • Prior experience of working in a multinational organization is essential.
  • Ability to work under pressure and comply with strict deadlines.
  • Extensive knowledge of accounting and financial procedures is essential.
  • Strong experience in tax accounting is required.
  • Strong verbal and written communication skills.
  • Should be detail oriented and have the ability to produce high quality work products.
  • Prior experience of working with external auditors/advisors is required.
  • Excellent IT skills.
  • Should have experience of working with BTP Software.
  • The physical ability to immediately respond to emergency situations.

Preferred Requirements:

  • Oil and gas experience would be beneficial.
  • Experience with statutory reporting and income tax preparation and filling is preferred.