Compensation Accountant

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Job Family: Accounting
Updated At: November 13, 2019

ORGANIZATION SUMMARY

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in more than 80 countries and has a network of approximately 700 locations, including manufacturing, service, research and development, and training facilities and employs approximately 26,500 people.

Weatherford delivers innovative technologies and services designed to meet the world’s current and future energy needs in a safe, ethical, and sustainable manner. Grounded by our core values and inspired by our world-class people, we are committed to being a trusted business partner to those we serve.

JOB DESCRIPTION

The Compensation Accountant is primarily responsible for administering the company stock plans. They will prepare and provide information to employees about vesting schedules and exercise process, prepare new hire and other stock grants, process employee transactions to exercise options, maintain and update stock databases, prepare reports and perform analysis. 

DUTIES & RESPONSIBILITIES

Preparation of reconciliations and disclosures for quarterly and annual filings

Compiles ad hoc financial schedules for in‐ house use and external reporting

Works closely with the Accounting, Legal and HR departments to assemble and analyze financial data

Responsible for keeping current with accounting, SEC and industry developments; analyzing the impact to the company

Interacts with US and international Payroll departments to apply the payroll tax treatment of equity vests

Assists in preparation of summaries and analysis for audit committee presentations

Regularly communicates with supervisor work progress, concerns and questions

Special projects, as assigned

QUALIFICATIONS

Required:

Bachelor’s Degree in Accounting

2+ years of experience in accounting and/or external reporting, with extensive knowledge of accounting and financial reporting

High degree of attention- to- detail and excellent analytical, organizational and project management skills; must have a desire to go above and beyond, to get things done and have fun in the process

Must be able to communicate with internal and external customers of all levels

Advanced Excel and spreadsheet skills; must be able to analyze and interpret large datasets

Must be fluent in English (both oral and written)

 

Preferred:

Certified Public Accountant (CPA) or CPA candidate

Certified Equity Professions (CEP) designation or CEP candidate

Strong understanding of Microsoft Office software; prior experience with a complex general ledger (typically found in mid- to large- sized organizations)

Second language such as Spanish, Portuguese or Russian

POSITION SPECIFIC DETAILS

Weatherford offers competitive compensation and benefits upon hire; including paid vacation to start, matching 401K program, comprehensive benefits program and opportunities for on-going training and career development. VEVRAA Federal Contractor – Priority Referral Requested

Weatherford is an Equal Opportunity Employer Females/ Minorities/ Veterans/Disabled and gives consideration for employment to qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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