What are the responsibilities and job description for the Financial Analyst position at Schlumberger?
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.
Responsibilities and Duties:
- 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.
Previous experience and competencies:
- Minimum bachelor’s degree in Accounting / Finance. Master’s degree preferred.
- 3 years’ experience in finance/ accounting required.
- 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
SLB is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran or military status, pregnancy (including pregnancy, childbirth and related medical conditions), marital status, or other characteristics protected by law. We are an “Equal Opportunity Employer". For more information regarding your rights, refer to the latest version of the "EEO is the Law" poster, the "EEO is the Law-Supplement" poster, and the "Pay Transparency Nondiscrimination Provision" located here: https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm
We will endeavor to make a reasonable accommodation / modification to the known physical or mental limitations of a qualified applicant with a disability to assist in the hiring process, unless the accommodation would impose an undue hardship on the operation of our business, in accordance with applicable federal, state, and local law. If you believe you require such assistance to complete this form or to participate in the interview process, please contact accommodationhotline@slb.com to request assistance. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to.
We are committed to a culture where everyone feels like they belong. To learn more about our diversity, equity, inclusion commitments, please visit our Diversity & Inclusion | SLB (slb.com) for more information.
SLB is a VEVRAA Federal Contractor- priority referral Protected Veterans requested.
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