Accountant III at Wood PLC in Houston, Texas

Job Description:

JOB DESCRIPTION



This position is responsible for providing cost control support to the Drilling and Completions Team and ensuring that project costs are accurate, traceable, and are paid in a timely manner while Accounting, Audit, and SCM Departments to perform billing tracking, and receivable procedures. Prepares well cost reconciliations, pre-VOW information and investigates cost variances in prep execution reports (PER).



RESPONSIBILITIES

• Responsible for coding, tracking and vendor interfacing for the Drilling and Completions Department invoices (paper and electronic) to ensure approval for payment in a timely manner and when due
• Responsible for matching delivery tickets to invoices and reviewing for accuracy.
• Prepares end of well accounting reports for field estimate verification.
• Assists with material audit exceptions for Drilling projects.
• Performs total well cost reconciliations
• Investigates cost variances in preparation for the Execution report (PER)
• Prepares cost related information for VOW
• Prepares reports and forms as required
• Maintains database records related to well cost
• Administrates the distribution and approval process of all MOCs generated by the group
• Receives DSM/WSM paperwork. Files, codes and distributes this paperwork as appropriate.
• Participate as an integral part of the Contract Management Team (i.e.; Attend Service Quality Meetings for assigned Contracts).
• Responsible for weekly AFE updates
• Participates on Special Teams, as needed
• Assists with Department material reconciliation
• Develops, maintains and provides support for material purchase order system
• Coordinates daily benchmarking updates and posts accordingly
• Assists HES Coordinator with regulatory work
• Acts as a resource to other drilling organizations within the Company
• Assists with audit requests from Accounting
• Assists in resolving discrepancies between the field estimate and the actual project cost
  
  
  

• Bachelor's Degree in Accounting or Business Administration
• Minimum of 3 years' experience in Finance
• Knowledge of rig processes
• Demonstrated knowledge of electronic invoicing system
• Working knowledge of Oxy's accounting process
• Good communication and listening skills
• Ability to research and analyze cost control mechanisms
• Knowledgeable in Word, Excel, PowerPoint, and various software
• Good analytical skills
• Ability to work accurately under pressure
• Team player
• Ability to work at all levels within the organization, from management to DSM's Good working relationship with accounting personnel