Account Receivables Accountant at Schlumberger Limited

Schlumberger Limited is a leading global provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. With operations in over 120 countries, Schlumberger employs professionals from diverse backgrounds and expertise, including finance and accounting. One of the critical roles within the financial department is that of the Account Receivables Accountant.

Role and Responsibilities

An Account Receivables Accountant at Schlumberger is primarily responsible for managing the company’s incoming payments and ensuring that all financial transactions are recorded accurately. Below are the key responsibilities associated with this role:

1. Invoice Management:

   • Prepare, review, and issue invoices to clients in accordance with contractual terms.
   • Ensure invoices are accurate and sent in a timely manner.

2. Payment Processing:

   • Monitor and process incoming payments.
   • Reconcile accounts and identify discrepancies in payments.

3. Client Communication:

   • Maintain relationships with clients to facilitate payment processes.
   • Address client inquiries regarding billing and payments promptly.

4. Reporting:

   • Generate accounts receivable reports for management to track cash flow and outstanding debts.
   • Analyze aging reports to follow up on overdue accounts.

5. Compliance and Audit Support:

   • Ensure compliance with accounting standards and company policies.
   • Assist in internal and external audits by providing necessary documentation.

6. System Management:

   • Utilize accounting software and ERP systems to manage accounts receivable processes.
   • Ensure data integrity and accuracy within financial systems.

Skills and Qualifications

To succeed as an Account Receivables Accountant at Schlumberger, candidates typically need the following qualifications:

• Educational Background:

  • A bachelor’s degree in Accounting, Finance, or a related field is required.
  • Professional certifications such as CPA or CMA may be advantageous.

• Experience:

  • Previous experience in accounts receivable or financial accounting is preferred.
  • Familiarity with ERP systems (e.g., SAP, Oracle) and accounting software is essential.

• Key Skills:

  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Attention to detail and organizational abilities.

Career Development

Working at Schlumberger as an Account Receivables Accountant offers significant career development opportunities. Employees can take advantage of:

• Training Programs: Schlumberger invests in employee training, providing resources to enhance technical and soft skills.
• Global Opportunities: With operations worldwide, there are opportunities for relocation and exposure to diverse cultures and work environments.
• Career Advancement: High-performing accountants may move into senior accounting roles or transition into other areas such as financial analysis, project management, or internal auditing.

Company Culture

Schlumberger prides itself on its inclusive and dynamic work environment. The company fosters a culture of innovation, collaboration, and continuous improvement. Employees are encouraged to contribute ideas and work collaboratively across different functions and geographies.

FAQs

1. What does an Account Receivables Accountant do at Schlumberger?

   • An Account Receivables Accountant manages the company’s incoming payments, prepares invoices, reconciles accounts, and ensures compliance with accounting standards.

2. What qualifications are needed for this role?

   • A bachelor’s degree in Accounting or Finance is required, along with experience in accounts receivable. Professional certifications like CPA or CMA are advantageous.

3. What skills are essential for success in this position?

   • Key skills include analytical thinking, attention to detail, communication skills, and proficiency in accounting software and ERP systems.

4. What career growth opportunities exist for Account Receivables Accountants at Schlumberger?

   • Opportunities for advancement into senior accounting roles, financial analysis, and project management are available, along with international work experiences.

5. How does Schlumberger support employee development?

   • Schlumberger offers various training programs, mentorship opportunities, and resources to promote professional growth and skill enhancement.

Conclusion

Becoming an Account Receivables Accountant at Schlumberger Limited provides a promising career path in a globally recognized company. The role not only enhances accounting skills but also offers opportunities for personal and professional growth in a dynamic work environment. If you are looking to join a leading company in the oil and gas industry, consider applying for this vital position.

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Further Reading and Resources

• Schlumberger Careers
• Oil and Gas Accounting Guide
• Professional Certifications in Accounting

By understanding the requirements and responsibilities associated with the Account Receivables Accountant position at Schlumberger, prospective candidates can better prepare for a rewarding career in financial management within the oil and gas sector.