Precision Drilling

Analyst, Finance - Kuwait

Precision Drilling

Kuwait, Kuwait

Job Details

Type: Full Time

Post Date: 30+ days ago

Industry: Business And Finance

Job Description

Reporting to Operations Controller or Assistant Controller the Analyst, Finance role will be tasked with performing a variety of accounting duties in support of monthly reporting, month-end close, and processing of accounts receivable and cash.

Duties will include, but are not limited to the following:

  • Process month-end journal entries

  • Assist with the month-end closing process

  • Reconcile Inter- Company accounts at month-end and mid-month

  • Process Accounts payable invoices & assist in setting up wire transfers

  • Reconcile general ledger accounts monthly

  • Prepares bank reconciliations weekly and uploads checks daily

  • Processes Journal Entries to clear reconciling items

  • Prepares the monthly Cash forecast for three companies

  • Assists with the month-end binder and excel spreadsheet

  • Performs such other duties as the supervisor may deem necessary

  • Ensures all Journal entries are checked in and filed for all companies

  • Works with the auditors in providing supporting documents

Qualifications:

Accounting Degree

Experience/Competence:

* 1-3 years of working in an Accounting department in Kuwait

  • Demonstrated knowledge of technical terminology, interpretation and experience in procedures and principles employed in applicable areas.

  • SAP Experience preferred

Precision began in 1951 as a small onshore drilling company with one rig and quickly grew into a fleet by the end of the decade. In the 1960s and 70s, Precision expanded globally, with several years operating in Mexico, Australia, Timor, New Guinea, and Sumatra before focusing on Western Canada. This era was one of fleet modernization and technological advancements, including the development of the Deep Freeze-Hole drilling technique. After joining the Toronto Stock Exchange in 1988, Precision used its financial growth to engineer innovative new rig designs and expanded its services to include well servicing, completion, and more. In the 21st century, Precision committed to sustainable growth and game-changing technological advancements. By investing in safe, efficient rigs and a world-class team, we’re prepared to help usher in a new era of global energy production.

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