Operations Controller (Accounting) General Labor - Odessa, TX at Geebo

Operations Controller (Accounting)

Company Description Job Description Essential Responsibilities and Duties:
Responsible for the overall financial management and profitability of the Segment within a GeoMkt.
Responsible for monitoring the working capital within the Segment such as Asset efficiency measurement/tracking and optimization of inventory level.
Understand store processes to ensure optimal store' level by category of M&S.
Understanding of inventory processes, days on hand, evaluating obsolescence provision adequacy, and assessment of future business needs.
Ensures that all financial transactions are recorded in compliance with the SLB policies and procedures.
Ensure adherence to corporate ethical policies and internal controls.
Organize periodic audits internally and assist in external audits.
Practical application of Segment specific accounting complexities such as Costs/Revenue recognition (e.
g.
Performance based, gain share, multi-elements, Bill & Hold, IPM) as well as Segment's FPs (i.
e.
FP220, FP211/2, FP224etc.
) Understanding of Segment value proposition, price structure, and technology differentiators vs.
Competitors.
Ensure timely completion of Balance Sheet notes for segment specific accounts and assess exposures (including currency risk) Coordinate the preparation of all financial forecasts and ensure that the goals are challenging but realistic relative to overall market expectations and available resources.
Review and examine the financial impact of new and existing investment opportunities with a view to maximizing the Segment's return on investment (ROI).
Train line managers to interpret and comprehend financial statements and principles, and coach them regarding key business segment drivers.
Answer inquiries regarding financial assets, recommend policies, and advise and council line management.
Recruit, train and mentor accountants to ensure full compliance with the company's financial procedures.
Review and approve all material non-FTE Capital Acquisition Reviews (CAR's), and long-term lease commitments.
Complete/review monthly financial review/reporting, monitors results versus objectives, highlight underlying reason for variances and suggest corrective actions wherever required.
Understands, reviews and implements Sarbanes Oxley requirements as defined in the risk control matrix (i.
e.
revenue recognition monthly assessment, provisions for contingency, review of Segment ICQ, QCCetc.
) Previous Experience and Competencies:
Finance or Accounting Degree 5 years of experience in a financial role Big 4 or public accounting experience required Click here to apply.
.
Estimated Salary: $20 to $28 per hour based on qualifications.

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