Financial Analyst

2 months ago


Cape Town, Western Cape, South Africa NOV Inc Full time

Financial Analyst Job Description

**Job Summary**

NOV Inc is seeking a highly skilled Financial Analyst to join our team. The successful candidate will be responsible for managing general accounting activities within the accounting department for the NOV Group of companies.

**Key Responsibilities**

* Monthly reconciliation of all Accounts Receivable and Accounts Payable ledger accounts
* Balance GL to AR and AP sub-system balances
* Process all payments and receipts via the ERP system and reconcile statements
* Obtain IC invoices and supporting documents from IC partners
* Maintain Fixed Asset Register
* Ensure that the General Ledger and Fixed Asset/Lease sub-systems are aligned
* Apply technical knowledge to the capitalization and decapitalization of assets
* Ensure additions and disposals to fixed assets/leases are recorded accurately and in a timely manner in accordance with the entity's policy
* Quarterly lease expense reconciliations and submission to Corporate Head Office
* Ensure inventory sub-systems to GL balance on a monthly basis
* Prepare and process all relevant journals with appropriate supporting information
* Maintain Balance Sheet Reconciliations in line with corporate requirements
* Follow up on corrections and clearing of any required balance sheet reconciling items within appropriate timelines
* Analyze revenue and expenses so they are recorded appropriately on a monthly basis and report on variance
* Provide Operations with all financial information and analysis to support management decisions

**Requirements**

* Bachelors or higher degree in Accounting or Finance
* Professional Accountant (SA), AGA (SA) (desired)
* 2-3 years accounting experience
* SAIPA/SAICA Articles/formal accounting training, knowledge of IFRS
* Knowledge of US GAAP and SOX reporting (advantageous)

**About NOV Inc**

NOV Inc is a leading provider of innovative solutions for the oil and gas industry. We are committed to delivering high-quality products and services that meet the evolving needs of our customers.


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