Assistant Accountant

About This Role

Since 1920, Helmerich and Payne has been the industry’s most trusted partner in drilling productivity and reliability. As the world changes, so does our approach. We are changing the landscape of drilling by using cutting-edge rig technologies and drilling solutions to build upon a century of success, all while continuing to deliver better outcomes for our customers.

At H&P, our people are our strength. We strive to continually lead with our Core Values that enable employees to develop on their H&P Journey. We believe that doing the right thing means creating a more diverse, equitable, and inclusive workplace that empowers our people to bring their authentic selves to work every day.

Some companies offer career paths. We offer a Journey of a Lifetime. Let's go far, together.

Hear directly from our employees, and leaders about their unique journeys at Helmerich and Payne.

At a Glance:

The Assistant Accountant is responsible for providing a wide range of accounting and administration support to the Finance & Administration Department and the Country/Operations Manager. The role is to support the UAE entities (which are currently non-operational, but the entities are kept alive where statutory requirements are also to be met) and MECK regional overhead structure.

Work Type: Permanent

Location: UAE

What you will do:

• Ensure that all work is carried out in accordance with the Group Management Systems Policies and Procedures and Anti Bribery Policy with special focus on Quality, Health, Safety and Environmental issues and where required as Action Party, close out actions in a timely manner.
• Familiarise with the Group Safety Policy and take all reasonable care to ensure the health and safety of yourself and people likely to be affected by your actions or omissions. Ensure compliance with all relevant Group Management Systems & Procedures related to Quality and to client procedure where applicable.
• Financial data preparation and maintenance of books of accounts as per our Accounting Policies, Procedures and Worldwide standards and Iraqi UAS.
• Cash flow forecasting in TM5 and management of cashflow.
• Bank payments, accounting and reconciliation.
• Handling petty cash, monthly cash and reconciliation.
• Accounts Payable, vendor invoice posting and reconciliation.
• Intercompany accounting and reconciliation.
• Maintaining tracker for capital expenditure and monthly reporting on cash flow.
• Maintaining tracker for official and residential leases, renewal upon expiry and periodical reporting.
• Preparation of files for the settlement of social security costs.
• Checking and forwarding for approval of the monthly local payroll sheets prepared by the HR Team.
• Preparation of Balance Sheet Reconciliations in Blackline.
• Accounts Receivable – Credit control.
• Maintaining records and periodical renewal of all the insurance policies.
• Preparation and payment of monthly VAT returns.
• Updating, reporting and reconciliation of IFRS 16 leases in Tagetik.
• Calculation of month end provisions for rig costs, employee end of service balances, employee off-time balances, travel etc.
• Ensure that all financial transactions are conducted in line with the country authorization matrix.
• Corporate income tax reporting and filing of return.
• Spearhead project actions to close dormant UAE entities including tax and admin matters in addition to Finance

What you need:

• Postgraduate in Financial Accounting
• Knowledge in the capacity of an Accountant capable of performing all the aspects of accounting and bookkeeping, reporting, treasury (cash & bank), cashflow forecasting, accounts payable & receivable, balance sheet reconciliations, direct & indirect taxation.
• Knowledge in indirect and taxation preferred.

What we offer:

At H&P, our commitment to our people is at the forefront, and that includes benefits that provide employees a sense of health and financial security. We know that life continues outside of employment and actively caring of our people is our priority.

H&P is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.

For more information on benefits and job opportunities, please visit Careers | Helmerich & Payne, Inc.

Thank you for your interest in joining our team!