What are the responsibilities and job description for the Technical Accountant position at Weatherford?
Position Summary
JOB DESCRIPTION
The Accountant with expertise in non-routine transactions plays a critical role in ensuring the integrity, accuracy, and compliance of the company’s most significant high‑impact financial events. This role serves as an internal subject matter expert for unusual or judgment‑intensive accounting matters—including M&A activities, asset transactions, restructuring events, foreign currency considerations, and other exceptional or ad‑hoc financial transactions. The ideal candidate combines strong technical accounting capabilities with the ability to partner across functions and provide clear, well‑supported guidance to leadership.
Key Responsibilities
Technical Accounting & Transaction Support
Weatherford is a leading global energy services company. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Across our operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.
When you join Weatherford, you instantly feel connected to something bigger – a community that is grounded by our core values and driven to create innovative solutions for our customers. We celebrate each other’s successes, grow together, and learn from each other constantly. Individually, we are impressive. Together, we are unstoppable. We are One Weatherford.
Weatherford is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
JOB DESCRIPTION
The Accountant with expertise in non-routine transactions plays a critical role in ensuring the integrity, accuracy, and compliance of the company’s most significant high‑impact financial events. This role serves as an internal subject matter expert for unusual or judgment‑intensive accounting matters—including M&A activities, asset transactions, restructuring events, foreign currency considerations, and other exceptional or ad‑hoc financial transactions. The ideal candidate combines strong technical accounting capabilities with the ability to partner across functions and provide clear, well‑supported guidance to leadership.
Key Responsibilities
Technical Accounting & Transaction Support
- Lead the accounting assessment, documentation, and execution for non‑routine transactions, including mergers, acquisitions, divestitures, joint ventures, restructuring initiatives, impairments, and complex asset movements
- Research and interpret applicable accounting standards (US GAAP / IFRS) to determine proper treatment for unusual or infrequent events
- Prepare clear and comprehensive technical accounting memorandums, position papers, and management briefings
- Evaluate financial implications of proposed transactions and collaborate on structuring recommendations
- Work closely with legal, tax, treasury, operations, FP&A, intercompany, and executive stakeholders to ensure alignment and readiness prior to transaction execution
- Support the integration of newly acquired operations into the accounting framework and assist in purchase price allocation (PPA) activities
- Coordinate with internal control teams to ensure proper documentation and risk mitigation for new processes arising from exceptional events
- Manage accounting for foreign currency activities, including translation, remeasurement, and analysis of exchange‑rate impacts
- Oversee and validate accounting for fair value adjustments, impairments, provisions, and other judgment‑based entries
- Ensure accurate and timely recording of all non‑routine transactions in accordance with accounting policies and reporting timelines
- Assist in preparing disclosures related to complex financial events for internal and external reporting
- Serve as the key contact for external auditors on complex or unusual accounting matters
- Provide supporting documentation, technical analysis, and clear explanations of accounting conclusions
- Ensure compliance with internal policies, accounting standards, and regulatory requirements
- Identify opportunities to streamline accounting processes related to non‑routine transactions
- Contribute to the development or enhancement of accounting policies, playbooks, and guidance for complex scenarios
- Support the implementation of system or workflow enhancements within the ERP related to exceptional or judgment‑based transaction
- CA / CPA (or equivalent professional qualification) required
- Minimum 8 years of post‑qualification experience, preferably in public accounting, corporate accounting, or a transaction‑focused environment
- Strong understanding of intercompany processes, eliminations, settlements, transfer pricing, and associated tax implications
- Demonstrated experience analyzing and executing complex or non‑routine accounting transactions
- Proven ability to write technical accounting papers and interact confidently with external auditors
- Advanced proficiency in Excel; hands‑on experience with ERP systems such as Oracle or JDE is strongly preferred
- Exceptional analytical and problem‑solving skills with a high degree of attention to detail
- Ability to thrive in a fast‑paced environment, navigate ambiguity, and meet tight deadlines without compromising accuracy
- Strong communication skills with the ability to translate technical accounting concepts for non‑technical stakeholders
Weatherford is a leading global energy services company. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Across our operating locations, including manufacturing, research and development, service, and training facilities, operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.
When you join Weatherford, you instantly feel connected to something bigger – a community that is grounded by our core values and driven to create innovative solutions for our customers. We celebrate each other’s successes, grow together, and learn from each other constantly. Individually, we are impressive. Together, we are unstoppable. We are One Weatherford.
Weatherford is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.