Corporate Controller

3 weeks ago

Katy, United States Newpark Full time

WHY JOIN NEWPARK:

One of Newpark’s Core Values is Excellence. It means we are committed to delivering value through performance, innovation, and service quality, and that commitment starts with YOU Newpark is where you can challenge yourself in new and exciting ways and work in an environment that supports and values you. Here at Newpark, we are committed to finding, developing, retaining, and rewarding the best talent while providing an environment where our employees can grow professionally and personally.


WHO WE ARE:

Newpark Drilling Fluids is the world’s leading pure-play oil & gas and geothermal drilling fluids partner servicing a diverse, global, customer base. Newpark Drilling Fluids is headquartered in Katy Texas serving customers in North America, Europe, the Middle East, Africa, and Asia Pacific by combining the latest in digital technologies and field proven performance with a groundbreaking approach to fluid chemistry.


WHAT WE DO:

At Newpark, our drive is to help customers improve the efficiencies and sustainability of their operations while delivering reliable and environmentally responsible solutions. This drive is the catalyst for innovation and development of next-generation products and services across all our businesses.


WHAT WE VALUE:

We maintain an unwavering commitment to act following our Core Values of Integrity, Respect, Excellence, and Accountability, ensuring our customers receive the best products and services we can offer and that you experience a safe workplace where you can thrive:


Safety - Protecting each other like family while sustaining the environment in which we work.

Integrity - Acting honestly, ethically, and responsibly in all aspects of our business.

Respect - Dealing fairly and openly with employees, customers, suppliers, and the community.

Excellence - Delivering value through performance, innovation, and service quality.

Accountability - Using good judgment and taking responsibility for our actions.


ESSENTIAL FUNCTIONS:

The Corporate Controller reports to the VP - Finance and is responsible for the preparation and reporting of financial statements that conform to accounting principles and regulatory requirements. The individual will also supervise Corporate Accounting staff, provide technical accounting support, and oversee the global consolidation and reporting processes. Serves as the point of contact for audit coordination and assists with maintaining accounting and finance policies. Corporate Controller also coordinates accounting activities with Tax and Treasury functions and the liaison with IT on finance related projects. Detailed responsibilities include the following:


1. External reporting – Consolidated financial statements for private equity owner and for compliance with bank reporting requirements, which includes consolidating financial statements.

2. Technical accounting research and field support, evaluate & implement new accounting standards.

3. Stock option accounting, incentive program, impairment analysis, other complex accounting matters (including purchase accounting).

4. Global consolidation review and oversight, corporate accounting review and oversight, holding company accounting review and oversight.

5. External audit coordination.

6. Maintain and update accounting policies & procedures.

7. Maintain and update internal controls documentation (partner with internal audit).

8. Liaison with tax for provision process.

9. Liaison with treasury & tax for global cash management & planning activities.

10. Liaison with IT for support (Finance IT projects & BI IT projects).

11. Support business process improvement projects.

12. Support financial information for management and private equity owner reporting.

13. M&A support (purchase accounting, due diligence support).

14. Special projects as assigned.


EDUCATION & EXPERIENCE REQUIREMENTS:

  • Bachelor’s degree in Accounting or educational equivalent, with 10 years finance experience and 6 years management experience.
  • MBA Preferred.
  • Extensive knowledge of industry trends.
  • Extensive knowledge of GAAP procedures.
  • Thorough knowledge of accounting and financial reporting principles.
  • Hyperion and Oracle ERP systems knowledge and experience is preferred.
  • Strong PC skills, including Word and Excel.
  • Strong technical, analytical, and decision-making skills.
  • Self-motivated. Able to work independently.
  • Strong interpersonal and leadership skills.
  • Excellent verbal and written communication skills.
  • Able to interact with all levels of management.
  • Able to work in an office environment five (5) days per week.
  • Commitment to customer service and ability to work in team-oriented environment.
  • Good judgment - fair and objective.
  • Public accounting firm experience preferred.


This is an office-based role in our Katy, Texas location.


POSITION SUMMARY:

Manages specialized or general accounting managers. Assists Financial leadership and works under their general guidance to prepare and report financial statements; including the balance sheet, statement of profit and loss, statement of cash flows and statement of retained earnings; and ensures compliance to accounting principles and regulatory requirements. Experience managing other management level staff required.

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