Job Description
For over 80 years, Oil States has been a highly respected technology and solutions pioneer manufacturing diverse products for offshore platforms, subsea pipelines, defense, and general industrial applications worldwide.
Oil States recognizes that our diverse workforce is our greatest asset.We offer a competitive compensation package, including paid time off as well as health insurance eligibility on the first day of employment.Paid time off includes vacation, holiday and sick time.Benefits include medical, dental, vision, 401k, life insurance, long and short term disability, and flexible spending accounts. When we contribute to the company's success, we all win.
Sounds pretty great, doesn't it?Come join our team!
The job details listed are for a Cost Accountant II.However, w e may also consider candidates for a Cost Accountant I depending on the experience and qualifications of the candidate and the needs of the business. POSITION SUMMARY: Apply the principles of cost accounting to track, classify, measure, record, analyze, and report the costs associated with the manufacturing of goods and performing services.Provide detailed cost information that management needs to optimize business resources, practices, and processes based on cost efficiency. Position works cross-functionally with the sales, inventory, production, purchasing, customer service, and corporate accounting. Will have the opportunity to work in standard, average, and project cost accounting systems.
ESSENTIAL DUTIES AND RESPONSIBILITIES: - Production work order control, inventory control, analysis of product costs, variance reporting, G/L and month end closing.
- Accounting lead to coordinate & conduct annual physical inventory, resolve major discrepancies, and reconcile monthly and year-end inventory balances.
- Initiate quarterly physical inventory adjustments for rubber, bar, and machined parts.
- Establish and maintain Average and Standard Costs to support inventory value.
- Review and analyze inventory transactions to ensure proper postings to inventory. Facilitate the inventory movement between inventory locations.
- Clear suspense accounts and reconcile perpetual inventory against general ledger
- Review and close old intercompany transfer orders and work orders
- Make estimates of new product or service costs.
- Issue and accurately complete costs forproducts shipped and services delivered. Review for missing material or laborcosts.
- Identify the orders where revenue should be recognized over time. Responsible for construction accounting on major projects. Work with project managers to establish budgets and margin estimates. Monitor and minimize any adjustments and determine the revenue to be recognized each month.
- Estimate all outstanding material and labor costs on existing product shipments.
- Review and close completed work orders. Research and report major variances.
- Plan, study and collect data to determine cost of business activity such as raw material purchases, inventory and labor.
- Analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effects on costs. Look for opportunities to lower cost and improve efficiency.
- Analyze actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.
- Provide management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Work with internal and external auditors in providing documentation and review of procedures and internal controls.
- Develop proficiency in the ERP system and become a key resource in responding to system related questions and offering effective solutions.
- Run and modify ad-hoc reports within current financial systems
- Review department costs and analyze trends and variances.
- Review excess and obsolete inventory. Work with management to determine reserves.
- Other duties as assigned.
QUALIFICATION REQUIREMENTS: - Bachelor's degree in Accounting or Business related field.
- At least two years of manufacturing and cost accounting experience, preferably in plant environment.
- Self-motivated, able to work independently, organized, and detail oriented.
- Effectively work cross functionally with leadership across the plant and other business units
- Knowledge of revenue recognition standards ASC 606.
- Strong computer skills in Microsoft Office Applications - Excel, Access and Word.
- Experience with working in a large ERP system like Oracle or SAP.Experience working with Glovia a plus.
- Excellent written and verbal skills to communicate cost and financial information across the business.
- Effectively manage multiple tasks at one time.Prioritize and meet all deadlines.
PHYSICAL REQUIREMENTS: - Use of a computer, phone and other office equipment, including copier/scanner, etc.
- Prolonged sitting.
- Occasional walking, reaching, standing and bending.
- Occasional lifting, carrying, pushing or pulling objects up to 10 pounds without assistance.
CITIZENSHIP REQUIREMENTS: By contractual requirements this position requires that all persons establish proof of US Citizenship.Dual Citizenship (US citizenship and citizenship of some other country) cannot be accepted.You will be required to provide original or certified copies of documents establishing your citizenship prior to consideration for this position.
Be part of what's next at Oil States! Over 80 years in business An Equal Opportunity Employer An E-Verify Employer Un empleador de E-Verify Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c) Oil States Industries
Job Tags
Holiday work, Temporary work, For contractors, Worldwide, Offshore, Flexible hours,