Financial Operations Specialist

4 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates NOV Full time
Key Responsibilities
  • Month-End and Year-End Closures: Execute and manage the closing processes for month-end, quarter-end, and year-end.
  • Financial Reporting: Prepare monthly, quarterly, and annual financial statements that comply with NOV's reporting standards, ensuring quality, timeliness, and thorough documentation of controls.
  • Journal Entries: Accurately process and record journal entries for routine transactions, ensuring that accounting records accurately reflect the financial status of business units.
  • Account Reconciliation: Develop supporting schedules for specific general ledger accounts and perform monthly analysis and reconciliation of designated balance sheet accounts.
  • Consolidation and Inter-Company Transactions: Manage consolidation processes and inter-company transactions, ensuring accurate reconciliations.
  • Documentation of Controls: Assist in the documentation and maintenance of ledger processes and controls, including the identification and testing of relevant SOX controls.
  • Financial Analysis: Conduct quarterly balance sheet and profit & loss fluctuation analysis.
  • Internal Control Monitoring: Support the documentation and monitoring of internal controls (SOX).
  • Financial Support: Provide operational teams with comprehensive financial information and analysis to facilitate management decisions, ensuring clear communication in response to requests.
  • Reporting Maintenance: Maintain regular monthly, quarterly, annual, and ad-hoc reporting for Corporate Accounting, Corporate Tax, and external authorities as necessary.
  • Audit Preparation: Assist in organizing and preparing documentation for statutory and tax audits.
  • Audit Support: Collaborate with internal and external auditors to ensure efficient reviews of financial data and controls.
  • Accounting Issues Resolution: Address accounting challenges and undertake ad hoc projects as needed.
  • Process Automation: Identify opportunities for process automation.
  • Revenue Calculation: Calculate POC revenue based on Tracker 2 and work orders.
  • Inventory Management: Oversee inventory management and analysis.
  • Value Addition: Contribute to any other assigned finance and accounting tasks.
Required Skills and Competencies
  • Strong grasp of accounting principles.
  • Detail-oriented and organized.
  • Excellent analytical and problem-solving abilities.
  • Disciplined and action-oriented.
  • Ability to meet deadlines.
  • Effective communication and interpersonal skills.
  • Capability to work independently with minimal supervision.
  • Adaptability and flexibility.
  • Team player with collaborative skills.
  • Fluency in English.
Education and Experience
  • Master's degree in accounting or finance.
  • At least 5 years of experience in a similar position.
  • Strong understanding of accounting standards (IFRS, US GAAP).
  • Basic knowledge of ERP systems.
  • Proficiency in Microsoft Office applications.
  • Advanced skills in MS Excel features and dashboards.
  • Thorough knowledge of inventory management.
  • Familiarity with Middle East VAT and tax regulations.


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