Cost Allocation Accountant – SAP S/4HANA & M&O expert

Right Skills As; Stavanger; On-site; NOK 750,000 - 950,000; Full time

Job summary

Right Skills AS invites an experienced Cost Allocation Accountant to join the Financial Accounting & Integrated Reporting team in Stavanger. The role focuses on monthly allocation of Manhour and Overhead costs, maintenance of SAP allocation models, and related accounting and reconciliation activities, including preparation for Overhead Audit.

You will collaborate with stakeholders across Finance, manage cost centers and cost objects, ensure timely reporting, and contribute to process

Qualifications

• Bachelor’s or Master’s degree in accounting, finance, or a related field.
• Minimum five years of relevant accounting experience.
• Experience with SAP S/4HANA and relevant SAP modules.
• Strong understanding of accounting principles, reconciliations, accruals, and cost allocation.
• Fluency in Norwegian and English, both written and verbal.

Responsibilities

• Maintain and update allocation models for Manhour and Overhead (M&O) costs in SAP, including monthly allocation keys.
• Perform the monthly M&O allocation process.
• Record monthly charges and accruals related to M&O costs, ensuring timely and accurate financial reporting.
• Reconcile balance sheet accounts related to payroll, M&O costs, and prepayments.
• Prepare and issue recharge invoices to relevant internal and external stakeholders.
• Maintain master data related to M&O processes, including the creation and maintenance of cost centers and cost objects used for time registration and allocations.
• Analyze costs charged to the M&O allocation pool and assess compliance with applicable Joint Operating Agreements and NOG30 requirements.
• Prepare documentation for and participate in Overhead Audit.
• Perform financial analyses and support the execution and documentation of internal controls.
• Identify opportunities to improve, standardize, and digitalize accounting and allocation processes.
• Support other Corporate Accounting activities and ad hoc assignments as required.

Skills

Fluency in Norwegian and English

Strong analytical and problem-solving

Highly organized, accurate, detail‑or­

Education

Bachelor’s or Master’s degree in accounting, finance, or a related field

Tools

Microsoft Excel

Job description

Right Skills AS invites an experienced Cost Allocation Accountant to join the Financial Accounting & Integrated Reporting team in Stavanger. The role focuses on monthly allocation of Manhour and Overhead costs, maintenance of SAP allocation models, and related accounting and reconciliation activities, including preparation for Overhead Audit.

You will collaborate with stakeholders across Finance, manage cost centers and cost objects, ensure timely reporting, and contribute to process