Cost Account Analyst

Schlumberger • Houston, TX

3d • Hybrid

About The Position

ChampionX (SLB) has an immediate need for a Cost Account Analyst located in Houston, TX. This is your opportunity to join a global technology company, driving energy innovation for a balanced planet. What's in it For You: The ability to make an impact and shape your career with a company that is passionate about growth The support of an organization that believes it is vital to include and engage diverse people, perspectives, and ideas to achieve our best Thrive in a company that values sustainability, drives a safety-focused culture and empowers its employees through continuous improvement The chance to Improve Lives in our community with regular outreach and volunteerism opportunities The chance to join a learning and problem-solving culture Comprehensive benefits package starting day 1 of employment- medical, dental, vision, matching 401k, company paid life and disability insurance, health savings account with company provided funds, paid vacation & personal time and so much more!

Requirements

• Bachelor's Degree in Finance, Engineering, Accounting or related field.
• 3-5 years of work experience
• Experience in a manufactory or factory environment
• Experience with financial analysis, forecasting and financial reporting
• Inventory and Cost management experience
• Strong analytical and problem-solving skills.
• Personal skills and team player.
• Quick learner of complex ERP system; Oracle experience a plus
• Immigration sponsorship not offered for this role

Nice To Haves

• Oracle experience a plus

Responsibilities

• Ensure accuracy of product costs including Bill of Materials (BOMs), routings, labor rates, etc.
• Analyze variances to standard cost; i.e.: purchase price, material usage, labor rate and usage and report findings to management team in various report formats
• Work with management to complete financial analysis for various manufacturing investment scenarios, including comparison between different machines, equipment, and processing
• Maintain the standard cost system to generate accurate product costs/inventory values and meaningful variance analysis. Understand the reason for the cost change and obtain authorization for cost changes
• Design and develop plant reporting, analyze manufacturing cost, examine financial and operational data and provide recommendations to Management
• Participate and lead review discussions with plant management in regularly scheduled meetings
• Put in place a system of controls to safeguard plant assets that reduce the chance of recording incorrect financial information
• Provide assistance in the development of budgets, manufacturing standards, and financial forecasts
• Review existing and develop new budgeting requirements for the manufacturing facilities
• Conduct profitability analysis, and review results with key plant staff
• Perform financial analysis and develop strategic and process initiatives with minimal supervision and guidance
• Provide Variable Cost productivity trackers with corresponding analysis.
• Participate in annual physical inventory.

Benefits

• Comprehensive benefits package starting day 1 of employment- medical, dental, vision, matching 401k, company paid life and disability insurance, health savings account with company provided funds, paid vacation & personal time and so much more!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees