Financial Analyst
1 week ago
We are seeking a highly skilled Financial Analyst to join our team in the Middle East. As a key member of our accounting function, you will be responsible for general accounting activities within the accounting function for Middle East ledgers of NOV.
The ideal candidate will have a strong understanding of accounting theory and principles, with experience in General Accounting/IFRS/US GAAP and SOX Reporting in MNC/Shared Services. You will also possess advanced Microsoft Office knowledge, especially in Excel (Pivot tables) and ERP working knowledge (Sage).
Responsibilities:- Closing procedures: Carry out and handle month-end, quarter-end, and year-end closing procedures.
- Financial reporting: Prepare monthly, quarterly, yearly financials/reports that meet the NOV reporting requirements in terms of quality of accounting, deadlines, and documentation of controls.
- Journal entries: Process and post journal entries for routine transactions accurately with appropriate supporting information and ensure the accounting records correctly reflect the results of business units' financial position.
- Revenue and Cost of Goods Sold entries: Review accuracy and completeness of Revenue and Cost of Goods Sold entries monthly and process required accruals as necessary.
- CA Tool, CIP ageing, and Fixed Assets Capitalization: Monitor and update CA Tool, CIP ageing, and Fixed Assets Capitalization.
- General ledger accounts: Prepares supporting schedules for specific general ledger accounts. Analyze and reconcile specified balance sheet accounts monthly.
- Internal controls: Assist in the documentation, maintenance, and monitoring of Ledger processes and controls, including the identification and testing of relevant internal controls (SOX).
- P&L and Balance Sheet: Perform monthly review of P&L and Balance Sheet of assigned entities.
- Fluctuation Analysis: Quarterly balance sheet and P & L Fluctuation Analysis.
- Financial information and analysis: Provide Operations with all financial information and analysis to support management decisions and clearly communicate responses to requests.
- Maintaining reports: Maintain monthly, quarterly, annual, and ad-hoc reporting to Corporate Accounting, Corporate Tax, and external authorities where required.
- Compliance requirements: Assist with organizing and preparation of information/documentation for quarterly SOX Compliance requirement and any statutory/tax audits.
- Audits: Assist with internal and external audits to ensure efficient reviews of financial data and controls.
- Process automation: Identify opportunity for process automation.
- Finance and accounting tasks: Adding value to any other assigned tasks related finance and accounting, identify process improvements and help implement them to ensure a more efficient and effective processes.
Salary range is estimated to be between $80,000 and $120,000 per annum, depending on experience and qualifications.
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