Cost Accountant

Location: 

Dammam, SA

Employment type:  Employee
Place of work:  Office
Offshore/Onshore:  Onshore

TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration – and we want you to be part of it. You’ll be joining a culture that values curiosity, expertise, and ideas as well as diversity, inclusion, and authenticity. Bring your unique energy to our team of more than 20,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.  

Job Purpose

Assist in the upkeep of cost accounting records, maintain the general ledger, and provide support for financial reporting and budgeting processes.

Job Description

  • Follow up on Missing IR/GR Weekly Report, particularly items due and related to cost centers.
  • Track and report on Assets Orders Status.
  • Collaborate with the senior cost accountant for Rollover and ZCFLIP processes.
  • Perform Weekly Cycle Count Check, including reporting and governance activities.
  • Generate Monthly Reports as per established schedules.
  • Track and maintain ARM Inventory and Aging.
  • Monitor Cost Center Consumption, both actual and projected.
  • Track and project PPV with support from the senior cost accountant.
  • Maintain and update GAFE Tracker.
  • Analyze Consumables, Expandables, and Production Supplies, comparing actuals and projections against the budget with support from the senior cost accountant.
  • Analyze E&O compared to Open Orders/PR.
  • Monitor Warehouse Activity using LL01, including aging and follow-up.
  • Coordinate and prepare month-end journal entries with a focus on timeliness and accuracy.
  • Assist in generating monthly performance reports and support flash updates related to REMS.
  • Aid in responding to internal and external audit requests and requirements upon request.
  • Support in controlling all master data (Create request, activate, amend, block, etc.) as well as any AFE/AFD requests.
  • Support the senior cost accountant/the finance lead in implementing processes to address non-compliance and handle ad-hoc tasks.

Assist others with ad-hoc reporting needs.

You are meant for this job if:

•            1-2 years of experience in manufacturing Industry (Oil & Gas segment would be an advantage).

•            Familiarity with International Financial Reporting Standards (IFRS).

•            Knowledge of ERP system (SAP) and reporting system (Hyperion) considered an advantage.

•            Good interpersonal, communication, and analytical skills.

•            Must be a self-starter, team player, motivated and capable of working on their own initiative.

Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or all other pluralities. We celebrate who you are and what you bring. Every voice matters and we encourage you to add to our culture.

TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.

Learn more about TechnipFMC and find other open positions by visiting our Career Page.

Follow us on LinkedIn for company updates.

Date posted:  Jun 25, 2024
Requisition number:  6704