Company: Weatherford
Skills: Accounting
Experience: 8 + Years
Education: Bachelors/3-5 yr Degree
Location: Bengaluru, Karnataka, India


Overview

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, word-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.

Weatherford offers competitive compensation, a comprehensive benefits program and provides you a challenging and enriching career path, with a healthy balance of structure and flexibility to chart your own course.

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.

Responsibilities

JOB SCOPE:

The Accounting Supervisor is responsible to provide overall management support to several accounting teams: Support daily activities of accounting team and provide direction to employees according to policies and procedures (USGAAP) even statutory financial statements (IFRS).

DUTIES & RESPONSIBILITIES:
  • Know and understand Weatherford's Enterprise Excellence Program and the Quality Policy and comply with all requirements of the Quality Systems Manual, Operating and Technical Procedures and Workplace Instructions.
  • Supervise staff that may consist of a mix of professional, para-professional, and clerical accounting personnel.
  • Monitor and reconcile G/L Accounts.
  • Prepare accounts and reports for management.
  • Process accounts payable.
  • May prepare payroll for processing.
  • Develop, install, and maintain budgeting systems, which provide control of expenditures.
  • Advise management regarding matters, such as effective use of resources and methods for preventing capital being frozen. Work closely with others.
  • Prepare journal entries for closing and other.
  • Code and approve invoices.
  • Must understand and comply with all safety rules and company policies of Weatherford.
  • Work assignments carried out to the highest quality level.
  • Perform various other duties and activities as assigned by supervisor within the physical constraints of the job.
  • Ensures that all financial transactions are recorded in compliance with WFT policies and procedures.
  • Ensure adherence to corporate ethical policies and internal controls. Ensure that all transactions are properly booked in the correct currency.
  • Responsible for ensuring all GL and account payables transactions are properly supported and approved based on the financial procedures and requirements.
  • Performs balance sheet account reconciliation. Responsible for support all tax requirements. Responsible Statutory Financial Statements preparation.
  • Assist and supervise periodic audits internally and assist in external audits, until to obtain statutory financial statements with accuracy and fulfilling the law, procedures and policies both for companies currently active and for dormant.
  • Control and preparation of general ledger entries including prepaid, accruals, allocations, etc.
  • Responsible for monitoring and fulfillment of Tax matters, audits and deliverables even from other local entities.
  • Answer inquiries regarding financial assets, recommend policies, and advice and council line management.
  • Will sign as Public Accountant.


Qualifications

SKILLS & KNOWLEDGE:
  • Bachelor Degree in Accounting or equivalent experience.
  • Minimum of three years Cost Accounting experience.
  • Minimum of eight years experience in a financial role.
  • IFRS experience. Intermediate English.
  • JD Edwards and Hyperion knowledge are desirable.
  • Supervisory skills.
  • Proficient verbal and written communication skills.
  • Multi-tasking ability.
  • Ability to follow instructions.
  • Work closely with fellow employees.
  • Knowledge of Weatherford accounting procedures is beneficial.
  • Advanced computer skills is preferred.
  • The physical ability to immediately respond to emergency situations.