Nabors Looking for Senior Cost Accountant at Houston, Alaska, United States Full Time

Full Job Description

Company Overview

Nabors is a leading provider
of advanced technology for the energy industry. With operations in
about 20 countries, Nabors has established a global network of people,
technology and equipment to deploy solutions that deliver safe,
efficient and responsible hydrocarbon production. By leveraging its
core competencies, particularly in drilling, engineering, automation,
data science and manufacturing, Nabors aims to innovate the future of
energy and enable the transition to a lower carbon world.

Nabors is committed to providing equal employment opportunities to
all employees and applicants and prohibiting discrimination and
harassment of any type without regard to race, religion, age, color,
sex, national origin, disability status, genetics, protected veteran
status, sexual orientation, gender identity or expression, or any
other characteristic protected by federal, state or local laws. This
applies to all terms and conditions of employment including
recruiting, hiring, placement, promotion, termination, layoff, recall,
transfer, leaves of absence, compensation, and training. To learn more
about our Fair Employment practices, please refer to the Nabors Code
of Conduct.

JOB SUMMARY

The cost
accountant position is responsible for all aspects of Manufacturing
and Production costing analysis and inventory for the manufacturing
location in Magnolia. The cost accountant is responsible for comparing
estimated cost to actual cost and identifying and explaining variances
by customer, part number, and production jobs.

DUTIES
AND RESPONSIBILITIES

• Responsible for
  maintaining the company’s product costs while continually
  analyzing the cost of goods manufactured.
• Maintain and
  monitor cost estimates for materials and labor, as well as analyze
  production costs and recommend changes.
• Validate and
  strengthen current costing processes.
• Focus on collecting
  and analyzing data about the manufacturing costs and hours of the
  product. Review and process cost roll requests.
• Interacts
  with cross-functional teams including manufacturing operations.
• Performs detailed analysis of inventory costs to assist in the
  development of standard costs and understanding of inventory
  variances.
• Supports accounting team on the analysis of
  inventory Excess and Obsolete (E&O). assist with the analysis and
  update of individual inventory items’ E&O reserve requirements
  based on finance guidelines. Provide E&O explanations and analysis as
  needed.
• Responsible for monthly cost reporting and variance
  explanations. Complete monthly journal entries as assigned.
• Assist with yearly budgeting, physical inventory audits, and
  internal controls documentation and auditing.
• Recommending
  changes to the company’s processes and policies to reduce cost and
  maximize profit.

MINIMUM QUALIFICATIONS

• B.S. degree in Accounting from an accredited university
  required
• Minimum seven (7) years of general accounting
  experience, preferably in manufacturing
• Cost Accounting
  experience. (Required)
• Hands-on experience with ERP
  systems, preferably D365
• Able to work in a team setting.
  Good oral and written communication skills.
• Above average
  working knowledge of Microsoft Office applications, particularly
  advanced Excel skills
• Strong attention to detail and
  accuracy.

BEHAVIORAL COMPENTENCIES

Must be a self-motivated, proactive individual who can handle
working in an ever-changing environment. Because this position is a
process-heavy role, the selected candidate will be required to not
only complete the required tasks but constantly strive to reduce
inefficiencies and improve the overall processes.