Sr. Cost Analyst

NOV
Houston, TX
JOB DESCRIPTION

Primary Responsibilities

  • Partner with Plant leadership to assist in financial analysis and decision making in support of the financial health of the facility
  • Implementation and ongoing maintenance/support of Cost Configurator module in JDE for Tuboscope facilities
  • Assists in developing, implementing, managing and continually measuring processes ensuring the accuracy of job costing standards, including annual and ad-hoc cost roll exercises as required
  • Ensure integrity of Work Order processing from material issues, labor postings, and associated variances
  • Provide insight and guidance to profitability of various functions and products within the Plant in order to partner with Management and improve results
  • Review and monitor WIP and outside process clearing account and adjust as necessary
  • Annual Budget and rolling Forecast to include Hours, Headcount and Production expenses (Direct and Indirect)
  • Support production team with ad-hoc inquiries, requests and reporting
  • Work closely with Plant management to analyze daily, weekly and monthly work in process (WIP)
  • Reviews accuracy of Plant processes, including Purchased parts cost verification, Router development, Overhead cost verification, Labor rate verification
  • Produces and analyzes month end reports, including variance reporting and plant Overall Equipment Effectiveness (OEE) performance
  • Performs duties associated with SOX compliance, including WIP reconciliation, WIP subledger aging, Inventory reconciliation and Manufacturing Segregation of Duties
  • Prepare ad-hoc data analysis and reports for operations management as needed
  • All other duties as assigned
  • Review balance sheet and P&L accounts and provide detailed variance explanations and resolve potential errors

Technical Competencies

  • Strong Excel Skills
  • Strong skills and knowledge of accounting theory and application of financial principles
  • Experience with Hyperion & Smartview is beneficial
  • Strong experience with JDE or similar accounting system as it relates to job costing

Job Specific Competencies

  • Excellent communication and organization skills.
  • Must be detail oriented with strong analytical skills
  • Ability to analyze manufacturing process costing, identify variances and drive adjustments to standards
  • Skilled in identifying trends and drawing conclusions from large amounts of data
  • Pro-active operating style requiring high energy level and tolerance to tight deadlines
  • Ability to build and manage team

Education and Experience Requirements

  • Bachelor's degree (Accounting/Finance preferred)
  • Minimum of 5 years cost accounting experience or equivalent preferred.
Posted 2026-03-07

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