Job Description

:CLOSING DATE 12 JULY 2024NOV Africa is currently recruiting for a dynamic, problem solving and figure orientated individual to be responsible for general accounting activities within the accounting department for the NOV Group of companies reporting to the Africa Support Controller. This goal orientated, driven and innovative individual will navigate a multicultural and highly innovative environment while partnering with a number of internal customers within finance to ensure that the Accounting function operates at a level that exceeds expectations.The Africa GL Accountant is a centralized role managing specific centralized functions for various ledgers across Africa. The Africa GL Accountant is responsible for applying accepted accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure compliance with appropriate accounting control procedures, in line with NOV and local statutory requirements.The Africa GL Accountant will provide support as part of the Centralized Accounting Team in meeting the overall objectives of the finance function.DUTIES & RESPONSIBILITIES:GENERAL

• 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 xe2x96xaa Ensure the accounting records correctly reflect the results of business units' financial position
• Maintain Balance Sheet Reconciliations in line with corporate requirements xe2x96xaa 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.
• Organize and preparation of monthly, quarterly, yearly financials that meet the NOV reporting requirements in terms of quality of accounting, deadlines and documentation of controls.

QUALIFICATIONS & EXPERIENCE:

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

About Us: Every day, the oil and gas industry's best minds put more than 150 years of experience to work to help our customers achieve lasting success.We Power the Industry that Powers the World
Throughout every region in the world and across every area of drilling and production, our family of companies has provided the technical expertise, advanced equipment, and operational support necessary for success-now and in the future.Global Family
We are a global family of thousands of individuals, working as one team to create a lasting impact for ourselves, our customers, and the communities where we live and work.Purposeful Innovation
Through purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better.Service Above All
This drives us to anticipate our customers' needs and work with them to deliver the finest products and services on time and on budget.About the Team: CorporateOur family of companies is supported by our global Corporate teams, providing expert knowledge from functions including Human Resources, Information Technology, Compliance, Finance, QHSE, Marketing and Legal centers of expertise. We are structured to provide guidance and service above all to all our business operations.

NOV