Senior Accountant

Newpark; Katy (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Newpark, based in Katy, TX, seeks a Senior Accountant to manage fixed assets, ASC 842 lease accounting, and tax compliance, ensuring accurate US GAAP reporting. The role supports cost accounting and process improvements across the accounting function.

The candidate will maintain the fixed asset subledger, run monthly reconciliations, and assist with close processes while collaborating with internal teams and external auditors.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3-5+ years of progressive accounting experience.
• Proficiency in FA and Lease accounting.
• Strong understanding of GAAP and financial reporting principles.
• Proficiency in Microsoft Excel and Oracle accounting systems.

Responsibilities

• Maintain fixed asset subledger including capitalization, disposals, transfers, and depreciation.
• Review CIP activity and support project closeouts.
• Perform monthly reconciliations of fixed asset balances to GL.
• Manage operating and finance leases under ASC 842, including data maintenance.
• Record lease entries and support lease disclosures and reporting.
• Support sales/use tax compliance and audits.
• Prepare monthly variance analyses and assist monthly/quarterly close.

Skills

Analytical ability

Communication skills

Multi-tasking

Education

Bachelor’s in Accounting/Finance

Tools

Excel

Oracle ERP

Job description

One of our 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. 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 Fluids Systems is a leading provider of innovative drilling fluids solutions, with a global presence in large-scale, long-term markets, and with the most talented people in the industry. Headquartered in Katy, Texas, we serve markets worldwide, with an established presence, demonstrating our commitment to being a strong and reliable partner for our customers, wherever they need us to be.

WHAT WE DO

Our drive is to help customers with a wide range of fluids solutions and expertise to meet their most demanding reservoir needs. This drive is the catalyst for innovation and ongoing development of next-generation products and services to help customers stay ahead of the curve.

WHAT WE VALUE

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

About the Role:

Job Title: Senior Accountant

Job Summary

Reporting to the Accounting Manager based in Katy, TX, the Senior Accountant will be responsible for managing and supporting key areas of the accounting function, including fixed asset accounting, lease accounting under ASC 842, sales and use tax compliance, and cost accounting activities.This position will ensure accurate financial reporting, maintain compliance with U.S. GAAP, and contribute to process improvement initiatives across the accounting organization.

Essential Job Functions:

Fixed Assets

• Maintain the fixed asset subledger, ensuring accurate capitalization, disposals, transfers, and depreciation.
• Review and record construction-in-progress (CIP) activity and support timely project closeouts.
• Perform monthly reconciliations of fixed asset balances to the general ledger.
• Support capital expenditure tracking, approvals, and reporting.

Lease Accounting (ASC 842)

• Manage the accounting and reporting for operating and finance leases, including data maintenance in lease accounting software.
• Record lease additions, modifications, terminations, and remeasurements.
• Prepare monthly lease journal entries and account reconciliations.
• Support quarterly and annual lease disclosures and related reporting requirements.
• Support the filing of sales and use tax returns, ensuring compliance with applicable state and local regulations and reconcile the balance with OneSource/filing.
• Coordinate with external tax advisors and internal departments to address tax questions or audits.

General Accounting

• Prepare and analyze monthly variance reports on income statements and balance sheets.
• Assist in monthly and quarterly close processes, preparing journal entries, reconciliations, and supporting schedules.
• Participate in special projects and process improvement initiatives as assigned.

Compliance & Controls:

• Ensure all activities comply with company accounting policies and U.S. GAAP.
• Ensure account reconciliations are completed timely and accurately.
• Maintain proper documentation and internal controls over consolidation and reporting processes.
• Assist with audit requests, providing supporting schedules and reconciliations.

Minimum Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3-5+ years of progressive accounting experience.
• Proficiency in FA and Lease accounting
• Strong understanding of GAAP and financial reporting principles.
• Proficiency in Microsoft Excel and Oracle accounting systems.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple priorities and meet tight deadlines.

Preferred Qualifications:

• 5+ years of accounting experience, ideally with a multinational company.
• Master’s degree in Accounting, Finance, or MBA.
• CPA certification or progress toward CPA is a plus.
• Public accounting or audit background is a plus.
• Experience with fixed asset accounting, cost accounting, or project-based accounting.
• Demonstrated ability to lead process improvements and mentor junior staff.

Newpark is an Equal Opportunity Employer, including Veterans and Disabled.

We’re committed to attracting and retaining the best people and fostering an environment of openness and trust—empowering each of us to contribute to our full potential in meeting our customers’ needs. We accomplish more when people from diverse backgrounds and with different talents and ideas work together in an environment where everyone can contribute and make full use of their talents.

This means that we comply with all local, state and federal employment laws and regulations in all countries in which we do business.