SENIOR ACCOUNTANT

Posted Yesterday
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Dubai, ARE
In-Office
Senior level
Energy
The Role
Lead accounting for Nabors' equity investments and consolidations, perform month‑end/year‑end close, prepare cash flow statements and consolidated footnotes for 10‑Q/10‑K, support budgeting, intercompany eliminations, audits, and special finance projects.
Summary Generated by Built In

The Senior Accountant will report to the Accounting Manager and also Controller and will be responsible for all facets of accounting for all Nabors’ equity investments, the applicable consolidation eliminations, system maintenance, cash flow statements, some financial reporting and special projects.

Responsibilities

DUTIES, RESPONSIBILITIES, ACCOUNTABILITIES AND AUTHORITIES

1. Accounting

  • Prepare and maintain accurate accounting records, journal entries, and general ledger transactions. 

  • Perform monthly account reconciliations and support month-end and year-end closing activities. 

  • Prepare financial reports, schedules, and supporting documentation for management and auditors. 

  • Ensure compliance with accounting standards, company policies, and internal controls. 

  • Assist with budgeting, cash flow monitoring, financial analysis, and other finance-related projects as required

2. Financial Reporting

  • Prepare the Condensed Consolidated Footnote to be included in the Form 10Q and Form 10K

  • Prepare the Cash Flow Statement to be included in the Form 10Q and Form 10K.

  • Various Footnotes and working with external auditors

3. Budgeting

  • Assist in the preparation and consolidation of annual budgets and periodic forecasts. 

  • Monitor actual expenditures against approved budgets and analyze variances. 

  • Prepare budget reports and financial projections for management review. 

  • Support cash flow forecasting and financial planning activities. 

  • Collaborate with department managers to develop, track, and maintain budgetary controls.

4. Intercompany Process

  • Ensure that intercompany transactions eliminate in consolidation monthly

 

5. Special Projects

  • Assist in various special projects on a regular basis.

  • Assist with quarterly and annual budgets including cash forecasts.

 

6. Other

  • Overtime will be necessary during monthly close, quarterly and annual reporting

  • Opportunities for advancement extend beyond NCS, such as subsidiary accounting departments including domestic and international assignments.

  • The employee is responsible for performing duties in accordance with the company’s policies, procedures, and quality objectives

  • The employee has the necessary authority to make decisions within their scope of work and escalate issues as needed and collaborate with relevant stakeholders to ensure operational effectiveness.

  • The employee is accountable for the quality, accuracy, and timeliness of their work, as well as for reporting any nonconformities or risks that may impact quality, legal compliances, safety, environment, or customer satisfaction.

  • Support and participate on achieving organizational QHSE objectives.

  • Other duties may be assigned

Qualifications

Minimum qualifications / SKILLS

Candidate Characteristics

1. Experience

  • 4+ years progressive accounting experience; public accounting experience a plus

  • Experience with equity accounting, foreign currency and Oracle ERP preferred

2. Education

  • Accounting Degree

  • Certified Public Accountant a plus


PREFERRED QUALIFICATIONS 

  • CPA or CMA certification (preferred or in progress)

  • Bachelor’s degree in accounting, Finance, or related field

  • 5+ years of progressive accounting experience

  • Strong knowledge of GAAP/IFRS and financial reporting

  • Proficiency in ERP/accounting systems (e.g., SAP, Oracle, NetSuite)

  • Advanced Excel skills and financial analysis capabilities

  • Experience with month-end/year-end close processes

  • Strong attention to detail, accuracy, and analytical thinking

  • Excellent communication and leadership skills

BEHAVIORAL COMPENTENCIES 

  • Strong Leadership skills

  • Must have a high tolerance for a fast-paced environment

  • Significant experience in a multi-entity, multi-national environment

  • Strong communication and organizational skills

  • Motivated, energetic, self-starter 

  • Intelligent, sound judgment, common sense

  • Ability to work well with people

 

TECHNICAL COMPENTENCIES

  • Strong PC and Excel skills are essential

  • Strong analytical skills and accounting technical knowledge

 

About UsNabors is a leading provider of advanced technology for the energy industry. With operations in about 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible hydrocarbon production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower carbon world.

Skills Required

  • 4+ years progressive accounting experience
  • Accounting degree (Bachelor's)
  • Experience preparing cash flow statements and consolidated footnotes for Form 10‑Q/10‑K
  • Experience with month‑end and year‑end close processes
  • Advanced Excel skills
  • Ability to perform intercompany eliminations and consolidate multi‑entity accounts
  • Experience with equity accounting
  • Experience with foreign currency accounting
  • Experience with Oracle ERP
  • Proficiency in ERP/accounting systems (e.g., SAP, Oracle, NetSuite)
  • Certified Public Accountant (CPA) or CMA (preferred or in progress)
  • Strong knowledge of GAAP/IFRS and financial reporting
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The Company
HQ: Houston, TX
5,493 Employees
Year Founded: 1952

What We Do

Nabors Industries is a leading provider of advanced technology for the energy industry. With operations in approximately 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower carbon world. Nabors owns and operates one of the world’s largest land-based drilling rig fleet and is a provider of offshore drilling rigs in the United States and multiple international markets. Nabors also provides directional drilling services, performance tools and innovative technologies for its own rig fleet and those of third parties. Utilizing its advanced drilling automation capabilities, Nabors’ highly skilled workforce continues to set new standards for operational excellence and transform our industry.

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