Patterson-UTI - Houston, TX
posted about 2 months ago
The Senior Accounting Manager will oversee a range of accounting activities to ensure compliance with generally accepted accounting principles (GAAP), corporate policies, and external audits. This role involves managing the Fixed Asset team, the Inventory team, the monthly closing of accounts, and the preparation of reports that support the financial statements. The successful candidate will set high performance standards for themselves and their team, demonstrating professionalism, leadership capabilities, and a solid operational and technical accounting background. They will work proactively to drive results in a fast-paced, team-oriented, and collaborative environment, showcasing a high level of integrity and a goal-oriented mindset. In this position, the Senior Accounting Manager will manage the monthly financial close process, ensuring that all costs incurred are accurately recorded. This includes reviewing journal entries, reconciling account balances, and preparing reports. The manager will participate in the ongoing development and establishment of accounting policies and procedures, as well as operational strategies, which may involve reviewing and implementing process and system changes. A continued focus on improving system efficiencies and business practices is essential, along with participation in strategic financial projects, including upgrades and implementation of ERP software. The role requires ensuring compliance with internal control policies in a Sarbanes-Oxley (SOX) environment and collaborating with external auditors to achieve successful audit results. The Senior Accounting Manager will interact with all levels of the organization, including budget owners and other stakeholders, to produce timely, efficient, and accurate month-end close reports and all internal management and financial reporting through the annual report. They will be responsible for the hierarchy and scalability in the chart of accounts, ensuring accuracy in the general ledger and financial statements, and will have ultimate authority over the classification and booking of all transactions. Additionally, the manager will analyze the effects of statutory accounting practices and study regulations and guidance to ensure the correct application of GAAP. They will make recommendations for changes as needed, ensuring that company policies and procedures are followed, and will establish proper techniques to discover and prevent fraud. The role also involves reviewing and posting detailed journal entries, assisting with the compilation of information for tax returns and audits, and preparing summary feedback on financial statement variances to budget. The Senior Accounting Manager will supervise a team of Managers and Senior Accountants, ensuring they are motivated and supported in meeting their job duties and responsibilities.