Cost Accountant

Employer: Schlumberger
  • Accounting - Finance
  • Job type: full-time
    Job level: 1 - 5 years of experience
  • Ilfov
  • Updated at: 20.10.2021

    Schlumberger is looking for innovators to shape the future of energy. If you share our passion for discovery, we’ll give you the platform to turn it into real impact. If you want to discover what you can do next, then this is the place for you. Are you looking for a challenging career move in Finance? We invite you to learn more about the open positions that the Schlumberger Bucharest Financial Hub has to offer! We opened our Bucharest Financial Hub in 2012 and it is currently our biggest hub in the Romanian capital. Our Schlumberger Financial Hubs are centers of excellence that encourage curious and talented people to develop in a dynamic environment, helping them build successful careers in order to achieve their full potential. Does this sound like the ideal next step in your career? If so, then learn about the opportunities our Bucharest Financial Hub has to offer. Join the winning team at Schlumberger.

    Job Summary

    We are hiring talented Cost Accountants to join our team in Cotroceni offices, Bucharest. In this role you will be responsible for performing plant accounting functions including daily and weekly transactional processing, monthly and quarter end closing, period ending account reconciliations and internal controls.

    The Cost Accountants have a big impact on cost, sales and revenue. We work directly with Controllers at 180 plants. This gives a unique opportunity to work close with operation and aquire business understanding. We also work with exciting new technology.

    We offer a competitive salary and benefits as well as challenge and progression in your role. With a growing team and the opportunity to work flexible hours there has ever been a better time to join the Cameron, Schlumberger team!

    Key Responsibilities

    • Establishment of current standard cost estimates and support of the annual cost roll process;
    • Review of weekly batch settlement jobs, cost on order imbalances, labor/network confirmations and FI-CO reconciliation to identify and assist in correction of discrepancies or error messages;
    • Review of billing due list for items preventing release of invoices;
    • Review of aged work-in-process orders, unvouchered payables, in-transit inventory items and manual inventory accounts to identify and assist in clearing delayed or failed transactions;
    • Review of postings to inventory allowance accounts and subsequent adjustment to shrinkage, obsolescence, FIFO revaluation and fair market value reserves as appropriate;
    • Review of plant accounting reports for variances from standard cost involving purchased materials, in-bound freight, manufactured orders and cost center spending/absorption;
    • Completion of account reconciliations related to inventory, unvouchered and consigned payables;
    • Reviewing compliance with SOX controls & governance, monitoring application and adherence to Company policies;
    • Interaction directly with internal and external auditors during periods of review;
    • Posting of standard accruals and other monthly/quarterly closing adjustments as necessary;
    • Review of monthly assessment cycle processing to confirm proper & complete allocation of indirect labor, operational support and depreciation expenses.
    Key Requirements
    • Economic background (graduate of Academy of Economic Studies or similar);
    • 1 year+ experience with GL/Management Accounting;
    • Operations or plant accounting experience and cost accounting experience is preferred, but not a requirement;
    • SAP experience is preferred, preferably in the CO module;
    • 3+ years strong computer experience – MS Office;
    • Strong Excel skills;
    • Strong analytical skills, ability to work with large amounts of data and produce meaningful insights and information;
    • Strong communications skills, both oral and written in English. Spanish or Portuguese are a plus;
    • Self-motivated, results oriented.

    Feel free to apply here!