The Accounting Supervisor - Intercompany is a centralized role managing specific shared service functions for various ledgers across the North America region. The Accounting Supervisor - Intercompany is responsible for leading a team to accomplish the timely and efficient closing process by 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 accounting requirements.
The Accounting Supervisor - Intercompany will provide support as part of the Shared Service Accounting Team and act as a point of scalation for his team as well as having significant impact on the team achieving goals and KPIs as well as meeting the overall objectives of the finance function and his team. This role is ideally suited to an individual who is looking for an opportunity to grow their career within a multinational organization. The candidate that will be considered for this position should be pro-active, willing to learn and eager to accept all the different challenges that they will be presented with. The candidate should be keen to identify and drive process improvement and open to automation opportunities to improve and standardize processes in the organization and shown leading and management skills alongside with proven experience.
Inter-company Accounting
§ Obtain IC invoices and supporting documents from IC partners.
§ Accrual of IC invoices not processed.
§ Reconcile IC balances with other IC partners.
§ Balance GL to IC AR and IC AP sub-system balances.
§ Monthly reconciliation of all IC AR and IC AP ledger accounts.
§ Process recharge invoices to other IC partners in the group.
General Ledger and Month End Reporting
§ 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.
§ Carry out monthly close procedures.
§ Preparation of financial information and supporting schedules according to monthly close schedule.
§ Provide Operations with all financial information and analysis to support management decisions.
§ Support any required ad-hoc requests and cost analysis.
§ Contribute to any specific function projects, process improvement and automation initiatives.
REPORTING & STATUTORY
§ 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.
§ Good understanding of accounting principles (US GAAP).
§ Assist with organizing and preparation of information as required for statutory and tax audits in respective countries.
§ Assist in documentation and monitoring of internal controls (SOX).
QUALITY ASSURANCE
§ Carrying out all duties in accordance with the quality assurance procedures / departmental works instructions.
QUALIFICATIONS & EXPERIENCE
QUALIFICATIONS: Bachelors or higher degree in Accounting or Finance.
Advantageous, but not essential: Public Accountant
EXPERIENCE: Leading and supervisory of a team and at least +5 years general accounting experience in commerce.
Advantageous: Knowledge of US GAAP and SOX reporting. Previous multinational company working experience. Automation and process improvement initiatives.
SKILLS AND COMPETENCIES:
- Leading and influence others
- Able to adapt in a fast peace environment
- Strong understanding of accounting theory
- Highly detail orientated and organized in work
- Strong analytical and problem-solving skills
- Disciplined, action orientated and practical
- Ability to meet assigned deadlines
- Good communication and interpersonal skills
- Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
- Proficiency with email and Microsoft applications
- ERP system experience
- Adaptability and flexibility, open to identifying and driving improvement and question the status quo
- Must be a team player
- Ability to work cooperatively and collaboratively with all levels of employees and management
- Fluent in English.
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.
Our 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.
