Cost Accountant
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Key skills for this role
About the Role
Weatherford is seeking a Cost Accountant/Analyst to support the Plant Accounting team in Abu Dhabi. The role involves standard costing, variance analysis, inventory accounting, and period-close processes within a JD Edwards environment.
Key Skills for This Role
Responsibilities
- Support and maintain standard costs across BOMs and routings within JDE.
- Support the annual cost roll process by preparing and validating cost component data.
- Assist with month end cost accounting close activities, including work order closures and WIP reconciliation.
- Analyze manufacturing variances including Job Cost Variance (JCV) and Purchase Price Variance (PPV).
- Prepare variance schedules comparing standard costs to actual production costs.
- Assist with financial modeling and ad hoc analysis.
- Perform account reconciliations and assist with balance sheet reviews.
- Support physical inventory counts and fixed asset verification processes.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field
- 2 4 years of accounting experience, ideally in a manufacturing or industrial environment
- Good understanding of accounting principles and GAAP
- Solid Microsoft Excel skills, including pivot tables, VLOOKUP, and basic financial modelling
- CPA, CA, ICWA, or ACCA qualification preferred
Full Job Posting
Job Overview
- The Cost Accountant / Analyst supports the Plant Accounting team at ADM Abu Dhabi in day to day costing and financial reporting activities within a JD Edwards (JDE) environment. Reporting to the Plant Controller, this role supports standard costing, variance analysis, inventory accounting, and perio
Responsibilities
- Support and help maintain standard costs across BOMs and routings within JDE, taking ownership of assigned areas under the direction of the Plant Controller.
- Support the annual cost roll process by preparing and validating cost component data.
- Help review and update labor and overhead rate schedules in line with inputs from operations and HR.
- Assist with month end cost accounting close activities, including work order closures and WIP reconciliation in JDE.
- Support accurate cost allocation and posting of manufacturing transactions in the ERP system.
- Assist in analyzing manufacturing variances including Job Cost Variance (JCV) and Purchase Price Variance (PPV).
- Prepare variance schedules comparing standard costs to actual production costs, document findings, and present summary reports to the Plant Controller.
- Support preparation of variance and performance reports for plant management review.
- Assist with financial modeling and ad hoc analysis as directed.
- Assist in coordinating cost accounting and reporting activities to meet monthly, quarterly, and annual deadlines.
- Support compliance with GAAP and internal financial policies in all cost accounting activities.
- Perform account reconciliations and assist with balance sheet reviews and general ledger activities during period close.
Skills
- Good understanding of accounting principles and GAAP.
- Analytical mindset with strong attention to detail.
- Strong communication and teamwork skills.
- Ability to manage tasks and meet deadlines with guidance.
- Eagerness to learn and develop within a manufacturing finance environment.
- Solid Microsoft Excel skills, including pivot tables, VLOOKUP, and basic financial modelling.
- Exposure to JD Edwards (JDE EnterpriseOne) or another ERP system is an advantage.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field is required.
- CPA, CA, ICWA, or ACCA qualification is preferred.
- 2–4 years of accounting experience, ideally in a manufacturing or industrial environment. Some exposure to cost accounting, variance analysis, or inventory is preferred.
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