Accountant III
Wood PLC

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
  
  

QUALIFICATIONS

• 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

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