NOV Africa Accounting / Finance Jobs in Cape Town
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NOV 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.
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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 ? Ensure the accounting records correctly reflect the results of business units’ financial position
- 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.
- 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
- Bachelors or higher degree in Accounting or Finance. (essential)
- Professional Accountant (SA), AGA (SA) (desired)
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Experience
- 2-3 years accounting experience (essential)
- SAIPA/SAICA Articles (Advantageous)
- Knowledge of IFRS (essential)
- Knowledge of US GAAP and SOX reporting. (Advantageous)
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