Financial Analyst

 

Description:

Come join us at SLB New Energy and be part of an innovative team to build the future.

We launched SLB New Energy in 2020 to apply our domain expertise in areas adjacent to our existing activities and leverage our global footprint and execution platform to realize new energy and transition opportunities at scale. Using partnership models and our experience in technology industrialization, we are expanding into energy verticals beyond oil and gas. The diverse New Energy portfolio includes ventures in carbon capture and sequestration, energy storage, geothermal power, geoenergy for heating and cooling, sustainable battery-grade lithium, and hydrogen as an energy carrier.

The geothermal Energy is an infinite source of energy that sits below our feet, ready to be tapped 24/7. Now, how do you get to it? With the right expert and experienced partner to guide you through the entire life cycle. Our GeothermEx leverages decades of experience in geothermal energy, from geological and geophysical components to power plant design, construction, and maintenance of geothermal projects, GeothermEx services translate industry knowledge to actionable advice to reduce risks and to harness this abundant natural resource

The Business Line Financial Analyst is responsible for accounting, reporting, and consolidating financial results for the Business Line/ Division. This person provides financial support to the Division/ Business Line Controller and Managers by assessing business trends, developing root causes of business issues, complying with Division's accounting practices and identifying opportunities for reduced costs and improved productivity/efficiency.

  • Monitor and report on the Division’s key performance indicators and objectives within the GeoUnit.
  • Support the Division GeoUnit Controller in managing the profitability and cash generation of the GeoUnit.
  • Identify at-risk receivables and follow up with Sales and the customer to ensure overall reduction in receivables and days to invoice ratio.
  • Assist in review of key tenders (risks and opportunities), contractual terms and evaluate impact on contribution margin associated with pricing in bids vs. optimization of people/resources (i.e., FA, Inventory, M&S...).
  • Assist in monitoring the working capital for the Division within the GeoUnit; by understanding Materials Management processes to assess and track efficiency metrics, and optimization of inventory level.
  • Highlight trends in cost inflation and identify opportunities to save and reduce discretionary spend to Supply Chain.
  • Apply Division specific accounting complexities such as cost and revenue recognition as well as Division FPs.
  • Analyze utilization ratios for tools and people with a view to highlighting inefficient locations or Business Lines and identifying opportunities to maximize the value of resources.
  • Assist in coordination of quarterly and annual financial forecasts and plans.
  • Complete monthly financial reviews and reports, monitor results versus objectives, highlight underlying reasons for variances, and suggest corrective actions.
  • Ensure compliance with Sarbanes-Oxley requirements as defined in the risk control matrix.
  • Support internal and external audits.
  • Minimum bachelor’s degree in Accounting / Finance. Master’s degree preferred.
  • Previous experience within the energy sector is an asset.
  • Previous experience with SAP is an asset
  • Excellent communication skills both verbal and written
  • Candidates must be able to work and reside in the US, without sponsorship

Organization Schlumberger
Industry Accounting / Finance / Audit Jobs
Occupational Category Financial Analyst
Job Location Houston,USA
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Intermediate
Experience 3 Years
Posted at 2023-01-20 2:50 pm
Expires on Expired