Accounting Specialist in Ploieşti

Overview Weatherford is the leading wellbore and production solutions company. Operating in more than 80 countries, the Company answers the challenges of the energy industry with its global talent network of approximately 20,000 team members and 600 locations, which include service, research and development, training, and manufacturing facilities. Visit for more information or connect on , , , , or .We’re looking to the future with a clear vision and a strong mission. Our goal is to address the headwinds facing the industry, revolutionize the oilfield with digital technology, integrated solutions, and world-class talent.We accept every challenge for the benefit of our Company, our industry, and the world. Our technology leadership delivers solutions that rise to every occasion, supply the best outcomes in each operation, and give power to all customers.Weatherford offers competitive compensation, a comprehensive benefits program and opportunities for on-going training and career development. VEVRAA Federal Contractor – Priority Referral Requested.Weatherford is an Equal Opportunity Employer Females/ Minorities/ Veterans/Disabled and gives consideration for employment to qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Responsibilities As an Accounting Specialist you will be responsible for applying knowledge and assist in the development and continued maintenance of the Company's financial reporting systems and internal reporting utilities and close process. Analyze and overcome obstacles to effectively deliver information and to promote the timely production and availability of financial data to management for decision making. Review and monitor financial transactions with the ability to understand impacts to management reports. Address questions from colleagues, management, and other internal customers. Understand the core businesses of the Company and related organizational structure. Review and monitor financial transactions. Coordinate financial report preparation and analysis for actual, budget and forecast data. Interacts with other departments and other business units to resolve issues. Challenges status quo and recommends process improvements to enhance productivity, timeliness, data integrity, and quality of work products. May resolve complex accounting issues through technical research and collaboration with the Technical Accounting group. This position will focus on assisting to strengthen our current internal reporting to ensure the department is positioned to manage increased demands in a dynamic growth - oriented environment.DUTIES & RESPONSIBILITIES:Performs database input as required in any finance role, Performs routine subsystem reporting for accounts receivables, account payables, inventory, fixed assets and payroll.Performs balance sheet account reconciliation.Responsible for support all tax requirements, ensure that all transactions are properly booked in the correct currency.Understanding of inventory processes, days on hand, evaluating obsolescence provision adequacy, and assessment of future business needs.Understanding of fixed assets processes under US GAAP and IFRS procedures, ensures that all financial transactions are recorded in compliance with WFT policies and procedures.Ensure adherence to corporate ethical policies and internal controls.Understands, reviews. Reconciliates, coordinates and reviews balance sheets. Qualifications Bachelor's Degree in accounting 5-8 years of experience in a similar roleComprehensive understanding of Hyperion and the monthly processes used to collect data.Knowledge and application of US GAAP Technical and analytical proficiencies.Logical reasoning, critical thinking, and problem-solving skills to troubleshoot issues.Well-developed interpersonal skills - ability to communicate professionally (oral/written).Customer service oriented. Organization and multi task skills.Strong work ethic - sense of urgency and ability to prioritize requests; ability to multi-task and to work efficiently under pressure to meet deadlines while producing timely and accurate deliverables.Ability to understand complex data and to work in a dynamic, fast-paced, demanding environment with time constraints.Hyperion - experience using HFM/Essbase as an Advanced End User including SmartView and FR Studio. MS Office Suite Proficiency (use of macros and advanced Excel formula functionality).Preferred:Knowledge of JD Edwards/SAP. CPA or other accounting certification.Energy Services experience.