Experience: 4 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Ahmadi, Al Ahmadi Governorate, Kuwait
In order to apply for this position, applicants MUST meet the following criteria. If your resume does not match these criteria, you will not be able to apply for this position.
General Ledger and Sub ledger expert, primarily Fixed Assets, with strong accounting background, knowledge of and other guiding principles and processes.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Record and maintain Property Plant & Equipment in accordance with GAAP and in compliance with Company policy.
- Maintain detail records of individual fixed asset purchases
- Transfer sub ledger activity (depreciation, sales, retirement and CIP) to the General Ledger with minimal supervision.
- Prepare monthly Capital Expenditure, PP&E Roll forward, Sales and Retirement reports for managers.
- Reconcile fixed asset sub ledger to the General Ledger.
- Complete monthly close procedure with minimal supervision and prepare journal entries on GL activity.
- Record monthly amortization cost of patent and trademark, Microsoft software charge and IT related charges.
- Reconcile monthly accounts by way of preparing balance sheet reconciliations for various legal entities. Prepare and assist with FLUX reports for quarterly audit purposes.
To perform this job successfully, an individual must be able to perform the essential duties and responsibilities satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION AND/OR EXPERIENCE
Bachelor's degree in accounting from four-year college/university, minimum of 3 years general ledger accounting experience, Oracle or other integrated accounting software experience preferred. Strong knowledge of MS office with advance MS Excel skills required.
Ability to read and comprehend detailed instructions, correspondence, and memos. Ability to compose routine correspondence with attention to grammar, spelling, and punctuation.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to apply common sense understanding to carry out detailed but written or oral instructions.
Core Laboratories is a leading provider of proprietary and patented Reservoir Description and Production Enhancement.
Located with over 70 offices in more than 50 countries in every major oil-producing province in the world. Core Laboratories remains dedicated to providing the technology our client’s need to enhance their production. We continue to develop and acquire technologies that complement our existing products and services, and we disseminate these technologies throughout our global network.
Our Clients are the world’s largest major, national and independent oil companies. Core Laboratories' reservoir optimization technologies are used to increase total recovery from existing fields. Our services enable our clients to optimize reservoir performance and maximize hydrocarbon recovery from their production fields.
Core Laboratories has taken extensive measures to ensure the services and data provided by all of our worldwide companies are of the highest quality and integrity. Our commitment to applying and developing new technologies to optimize reservoir performance is unsurpassed in the oilfield service industry. This commitment to technology and to our client’s bottom line makes Core Laboratories, The Reservoir Optimization Company™.
Our Culture has been defined by over 70 years of business built on the principles of integrity and ethical conduct in the support of our clients. Our continuing primary goal is “to produce a quality product on time at a competitive price” in a manner consistent with these principles. The integrity of our company and ability to provide quality products and services to our clients are the essence of our business.
These same ethical standards are what we expect from our employees. We could not accomplish the extraordinary results we have in our past and will in our future without talented and dedicated employees – such as we have now.
It is the talented and dedicated employees that have positioned Core Laboratories as the leading provider of reservoir- optimizing technologies. You can feel and see this in our culture. Core Laboratories strives to create an environment for our employees so they can advance in their careers enabling both the company and its employees to build value. Our inclusive culture thrives on team-work and mutual respect for our differences. There are opportunities for everyone to grow.