Senior Cost Accountant at Weatherford Switzerland

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

17 Aug, 26

Salary

0.0

Posted On

19 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Accounting, GAAP, Variance Analysis, Inventory Valuation, JD Edwards, Financial Modeling, Standard Costing, Microsoft Excel, Financial Reporting, WIP Reconciliation, Audit Readiness, Stakeholder Management

Industry

Oil and Gas

Description

Job Overview The Senior Cost Accountant is a key member of the Plant Accounting team, responsible for leading manufacturing costing activities within a JD Edwards (JDE) environment. The role ensures accuracy in cost accounting, inventory valuation, and financial reporting while supporting plant performance through detailed financial analysis and continuous improvement initiatives. This position partners closely with operations, supply chain, and finance teams to deliver actionable insights, drive cost efficiencies, and support strategic decision-making, ensuring compliance with GAAP and internal financial controls. Responsibilities * Own and maintain standard costing processes, including cost freezing and ensuring accuracy across BOMs and routings within JDE * Lead and execute the annual cost roll process, validating cost components and resolving discrepancies prior to cost freeze * Establish, review, and update labor and overhead rates in collaboration with operations and HR * Oversee and execute month-end cost accounting close activities, including work order closures and WIP reconciliation in JDE * Ensure accurate cost allocation and proper posting of manufacturing transactions within the ERP system * Analyze manufacturing variances, including Job Cost Variance (JCV), Purchase Price Variance (PPV), and other plant KPIs * Compare standard costs to actual production costs; investigate, explain, and document significant variances * Prepare and present detailed variance and performance reports to plant and senior management * Provide actionable recommendations to improve cost efficiency, margins, and operational performance * Perform advanced financial modeling and ad hoc analysis to support business and operational decisions * Coordinate cost accounting and reporting activities to meet monthly, quarterly, and annual deadlines * Ensure compliance with GAAP and internal financial policies across all cost accounting activities * Perform account reconciliations, balance sheet reviews, and support general ledger activities during period close * Maintain accurate financial records and ensure proper documentation for audit readiness * Act as a key point of contact for internal and external audits * Oversee and coordinate physical inventory counts and fixed asset verification processes * Manage and monitor cycle count programs, ensuring timely posting and reconciliation within JDE * Investigate and resolve inventory discrepancies in collaboration with operations and supply chain teams * Partner with estimators and production teams to ensure alignment on costing assumptions and inventory valuation * Identify and drive continuous improvement initiatives across costing, reporting, and inventory processes * Enhance ERP (JDE) utilization and support system improvements related to costing and financial reporting * Ensure adherence to internal controls and contribute to strengthening financial governance frameworks * Build strong cross-functional relationships with operations, supply chain, and finance teams * Provide guidance and informal mentorship to junior team members where applicable Skills * Strong knowledge of cost accounting and GAAP principles * Advanced analytical and problem-solving capabilities * Ability to interpret complex financial data and translate it into actionable business insights * Strong stakeholder management and communication skills * High attention to detail with strong organizational and prioritization abilities * Ability to manage multiple priorities in a deadline-driven environment * Advanced Microsoft Excel skills (pivot tables, lookups, financial modeling) * Continuous improvement mindset with a proactive, results-driven approach * Strong understanding of manufacturing operations and cost drivers Qualifications * Bachelor’s degree in Accounting, Finance, or a related field (required) * Professional qualification (required) CPA, CA, or ICWA certification * 5–8+ years of cost accounting experience in a manufacturing environment * Proven expertise in standard costing, variance analysis, inventory accounting, and period-close processes * Hands-on experience with JD Edwards (JDE EnterpriseOne) preferred: * Manufacturing Accounting, Cost Ledger, General Ledger, and Inventory modules * Oracle ERP experience considered equivalent * Advanced Microsoft Excel skills (pivot tables, VLOOKUP, financial modelling) #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.

How To Apply:

Incase you would like to apply to this job directly from the source, please click here

Responsibilities

Lead manufacturing costing activities, including standard cost maintenance and annual cost rolls within a JD Edwards environment. Analyze manufacturing variances and provide actionable insights to improve cost efficiency and operational performance.