Cost Accountant at Weatherford New Zealand

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

29 Sep, 26

Salary

0.0

Posted On

01 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Standard Costing, Variance Analysis, Inventory Accounting, Financial Reporting, JD Edwards, GAAP, Microsoft Excel, Financial Modeling, Account Reconciliation, WIP Reconciliation, BOM and Routings, Audit Readiness

Industry

Oil and Gas

Description

Job Overview The Cost Accountant / Analyst supports the Plant Accounting team at ADM Abu Dhabi in day-to-day costing and financial reporting activities within a JD Edwards (JDE) environment. Reporting to the Plant Controller, this role supports standard costing, variance analysis, inventory accounting, and period-close processes while building the technical and analytical skills needed for progression within the function. Responsibilities * Support and help maintain standard costs across BOMs and routings within JDE, taking ownership of assigned areas under the direction of the Plant Controller. * Support the annual cost roll process by preparing and validating cost component data. * Help review and update labor and overhead rate schedules in line with inputs from operations and HR. * Assist with month-end cost accounting close activities, including work order closures and WIP reconciliation in JDE. * Support accurate cost allocation and posting of manufacturing transactions in the ERP system. * Assist in analyzing manufacturing variances including Job Cost Variance (JCV) and Purchase Price Variance (PPV). * Prepare variance schedules comparing standard costs to actual production costs, document findings, and present summary reports to the Plant Controller. * Support preparation of variance and performance reports for plant management review. * Assist with financial modeling and ad hoc analysis as directed. * Assist in coordinating cost accounting and reporting activities to meet monthly, quarterly, and annual deadlines. * Support compliance with GAAP and internal financial policies in all cost accounting activities. * Perform account reconciliations and assist with balance sheet reviews and general ledger activities during period close. * Maintain accurate financial records and documentation to support audit readiness. * Serve as a focal point for internal and external audit requests, coordinating documentation and analysis as required. * Assist in coordinating physical inventory counts and fixed asset verification processes. * Support cycle count programs, ensuring timely posting and reconciliation within JDE. * Help investigate and resolve inventory discrepancies in coordination with operations and supply chain teams. * Liaise with production teams to support alignment on costing assumptions and inventory valuation. * Contribute ideas for improvement across costing, reporting, and inventory processes. * Support ERP system improvements related to costing and financial reporting. * Adhere to internal controls and support the strengthening of financial governance frameworks. * Build collaborative working relationships across operations, supply chain, and finance teams. Skills * Good understanding of accounting principles and GAAP. * Analytical mindset with strong attention to detail. * Strong communication and teamwork skills. * Ability to manage tasks and meet deadlines with guidance. * Eagerness to learn and develop within a manufacturing finance environment. * Solid Microsoft Excel skills, including pivot tables, VLOOKUP, and basic financial modelling. * Exposure to JD Edwards (JDE EnterpriseOne) or another ERP system is an advantage. Qualifications * Bachelor’s degree in Accounting, Finance, or a related field is required. * CPA, CA, ICWA, or ACCA qualification is preferred. * 2–4 years of accounting experience, ideally in a manufacturing or industrial environment. * Some exposure to cost accounting, variance analysis, or inventory is preferred. #LI-MD1 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. Energy producers face unique challenges every day, so it is our job to create solutions that enhance safety, streamline operations, and sustain uptime to meet or exceed their targets. We operate across the global energy landscape employing some of the best diverse talent in the industry. At Weatherford, we understand the value each individual brings to the table. We celebrate diversity in all its forms and are immensely proud of our workforce. We invite you to join our passionate, talented, world-class team. When you join Weatherford, you instantly feel connected to something bigger – a community that is grounded by our core values and driven to create innovative solutions for our customers. We celebrate each other’s successes, grow together, and learn from each other constantly. Individually, we are impressive. Together, we are unstoppable. We are One Weatherford. Join Us: Weatherford is producing energy for today and tomorrow- with global opportunities as unlimited as your sense of adventure. Join us to make an impact on our customers, the industry, and the world. Weatherford is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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Responsibilities

The Cost Accountant supports the plant accounting team with day-to-day costing, financial reporting, and period-close processes within a JD Edwards environment. Key duties include maintaining standard costs, analyzing manufacturing variances, and coordinating physical inventory counts.