Job Purpose                         

The 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.

JOB DESCRIPTION SCOPE

This job description’s purpose is to offer some details on the scope and depth of the role and its interaction with other roles with the organisation, through a focus on key criteria. It cannot capture the entire scope of the role. The document is generic in nature and offers consistency in role content from the early career level to more senior levels. The Company’s expectation is that the holder of the role understands and accepts that its expectations will be potentially greater from those in more senior roles than those at an early stage of their career. Responsibilities may well be greater, and their decisions will have greater impact on the function and organisations performance. The Company reserves the right to amend the content of the job description to better reflect the changing scope of the role with or without notice.

Roles & Responsibilities

 SAFETY, SECURITY & COMPLIANCE

Maintains the highest standards of corporate governance, ensuring that all activities are carried out ethically and in compliance with Company’s Security, Compliance & HSE policies, Management System, relevant laws, regulations, standards, and industry practices and complies with the Company’s Rules to Live By Places Quality, Health & Safety, Security, and protection of the Environment as core values while never intentionally placing employees, our processes, customers or the communities in which we live and work at risk. Seeks continual improvement in Health, Safety, Security & protection of the Environment, taking into account responsible care, process vulnerabilities, public, customer and employee inputs, knowledge and technology and best business practices to exceed customer expectations.

QUALITY

Responsible for being familiar with the Company's Quality policies and takes an active role in the compliance and improvement of Weatherford’s Management System  Maintains service quality as immediate priorities when working across all areas of the business and continually seeks areas for improvement.

OPERATIONS

Perform General Ledger reconciliation, and address field questions during close. Prepare daily, weekly, monthly and quarterly reports as needed. Fixed asset controls, depreciation, and analyzing variations of profit and loss income statements and prepare reports on findings. Reconcile and record accrual and / or adjustments for balance sheet accounts. Research reconciliation differences and multiple issues as they arise. Performs other general accounting responsibilities such as management reports, auditor inquiries, budgets and other special projects as may be delegated by Plant Controller Liaises with the field operations to find proper accounting treatment for transactions. Prepare AFE's and monitor routings, including updating AFE forecast quarterly. Prepare Product Costing Records and reconcile intercompany transactions, as well as facilitate mismatch reports.

COMMUNICATION

 Maintains effective communications with all key stakeholders both internal and where appropriate external. Facilitate the delivery of strategic advice and support to key business stakeholders.  Provide timely and appropriate information and support to relevant internal customers. Develop strong collaborative relationships with key stakeholders and cross functional teams.

FINANCIAL

 All employees have an accountability to the organisation to be financially responsible whether they are in charge of a function budget or simply their own expenses. Costs incurred should be within approved budget, processed within agreed time frames & following the relevant financial policy and procedure. Participate in business planning, performance, and operational reviews, and other business alignment and strategic activities to ascertain talent and development effectiveness and needs. Work with key business stakeholders to improve and refine business models to facilitate the planning and forecasting process.

PEOPLE & DEVELOPMENT

 Employees have a responsibility for developing their own careers within the Company including completing all necessary function, compliance & business standards training to enhance their knowledge, skills and experience. Employees should engage on a regular basis with their line manager to discuss their personal performance, objectives and opportunities to enhance their skills and experience to support their career potential

VISION & LEADERSHIP

Demonstrates leadership, ethical behaviour and adherence to Weatherford standards at all times. Collaborate with leadership to promote the financial vision and strategy of the company to meet strategic business objectives and profitability.

Experience & Education

 REQUIRED

Bachelor’s Degree in accounting, Finance, and or another business-related field  5-8 years of prior cost accounting experience Proficient in Microsoft Office Ability to work under pressure, independently and follow instructions.  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 Proven experience in adapting to change and flexibility.