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Analyst, Fixed Asset and Lease Accounting job in Houston at Weatherford

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Analyst, Fixed Asset and Lease Accounting at Weatherford

Analyst, Fixed Asset and Lease Accounting

Weatherford US-TX-HOUSTON Full-Time
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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.

We are focused on technology development, digital solutions, and defining our footprint in the new energy space. Our ability to provide integrated solutions across our segments will be critical to growth in our core operations and the energy transition.

Energy producers face unique challenges every day, so it is our job to create solutions that enhance safety, streamline operations, and sustain uptime to meet or exceed their targets. We operate across the global energy landscape employing some of the best diverse talent in the industry. At Weatherford, we understand the value each individual brings to the table. We celebrate diversity in all its forms and are immensely proud of our workforce. We invite you to join our passionate, talented, word-class team.

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 offers competitive compensation, a comprehensive benefits program and provides you a challenging and enriching career path, with a healthy balance of structure and flexibility to chart your own course. We are focused on providing a challenging and enriching career path with a healthy balance of structure and flexibility to chart your own course. We are an innovative, global company with wide-ranging opportunities that include career-enhancing talent rotations. Our structured career paths will ensure that you know what it takes to build your ideal career at Weatherford when you join our Company. We also offer a comprehensive benefits program, including health insurance coverage, income protection plans, a 401(k) savings plan, Company paid holidays, and paid time off for vacation.

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.



Weatherford is looking for a Financial Analyst to support the Global Fixed Asset, Inventory and Lease Accounting team in Houston, Texas.


    • Prepare and present monthly materials to Finance Management with clear and focused messaging both verbally and via presentations.
      • Highlight significant transactions for the period
      • Ability to explain complex issues in a clear and concise manner
      • Handle any follow up questions or requested additional analysis
    • Responsible for monthly analysis and ad hoc reviews of global PPE data including:
      • Asset Rollforward Preparation and Analysis
      • Monthly reviews of Fixed Assets Overall (Dep. Exp M/M, Balance Sheet Flux, Product Line Flux, CAPEX)
      • Monitor any Assets Held for Sale and/or unique transactions
      • Intercompany Markup Elimination Preparation and Analysis
      • Prepare and Review Asset Sales reports for cash flow reporting with SEC Reporting group
      • Review of Aged Construction in Progress and Unposted Entries in Fixed Asset clearing account
      • Work with Legal and Tax department on lending and statutory reporting requirements
    • Support in the accounting and analysis for Leases:
      • Administrator of VisualLease system
      • AFE Approval for all Leasehold Improvements
      • Lease Reconciliation and Rollforward Preparation, Analysis and Reporting
      • Preparation of monthly lease accounting journal entries
      • Tracking, monitoring, and following up on open Authorization to Lease (ATL) requests

    • Identify and recommend process improvements and simplification.



    • Bachelor’s Degree, preferably in Accounting or Finance
    • 5+ years Accounting Experience


    • Excel, Word, SharePoint
    • Self-Motivated
    • Diplomacy
    • Excellent communication skills
    • Knowledge of GAAP
    • Comfortable working with all levels of management
    • Ability to understand complex scenarios


    • PowerBI, Advanced Excel
    • JDE, Hyperion (HFM, Smartview, Essbase)
    • Familiarity with multi-currency, international environment
    • Familiarity with multiple ledger entities


Recommended Skills

  • Accounting
  • Communication
  • Construction
  • Diplomacy
  • Finance
  • Financial Management
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Job ID: WEA~2022-136300