Inventory Accounting Analyst | Schlumberger

Job Details

Inventory Accounting Analyst

Cota, Cundinamarca, Colombia - Colombia

Inventory Accounting Analyst
Finance | Accounting
About Schlumberger 
Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 82,000 colleagues who represent over 170 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production and integrated pore-to-pipeline solutions for hydrocarbon recovery that optimize reservoir performance. Visit for more information.
About this role
The Inventory Accounting Analyst is responsible for supervises steps to ensure that inventory valuation and product cost transactions impacting financial reports are monitored, controlled and posted to the materials ledger and general ledger. The Inventory Accounting Analyst works closely with Operational Planning and Resource Management and other functions to understand product cost and inventory valuation trends, planning and optimization efforts.
These responsibilities are activities that correspond to the metro stops and key processes.
  • Settle Product Cost
  • Plan and Post Activity Costs
  • Valuate and Post Actual Costing
  • Maintain Product Costing Planning Structure
  • Maintain Standard Cost
  • Review and Report Inventory Valuation
Minimum Bachelor’s degree required.
Additional Responsibilities
  • Process new materials costing. Create additive cost estimates, mark and release cost
  • estimates, and execute and monitor costing runs.
  • Execute product costing period end close by monitoring all product costing and inventory
  • valuation batch jobs.
  • Perform results analysis related to product cost and product revenue.
  • Review product cost lines, relate with business key indicators and provide cost variance
  • analysis, highlighting opportunities or negative trends.
  • Prepare balance sheet reconciliations for relevant accounts and certify completeness.
  • Supervise outsourced transactional inventory accounting and perform complex transactions.
  • Maintain activity rates for the manufacturing process. Calculate and update future planned
  • activity rates and define the period during which the new rates will become effective.
  • Review cost center absorption by making sure all costs in overhead cost centers have been
  • allocated to production orders.
  • Process product costing and production order settlement, monthly material ledger close and
  • REM annual standard cost update.
  • Understand and comply with Sarbanes-Oxley requirements.
Schlumberger as an employer 
As a leading employer in our industry, Schlumberger is proud to offer a highly competitive package of base and incentive compensation as well as a comprehensive benefits program designed to support the health, wellness and financial security of our employees and their families. Schlumberger is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, national origin, age, disability, status as a protected veteran or other characteristics protected by law.  

Inventory Accounting Analyst
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