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Executive - Accounts & Finance

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NOV Inc.

12d ago

  • Job
    Full-time
    Mid Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Chennai
    Remote

AI generated summary

  • You must have a B.Com degree, 3+ years of relevant experience, flexibility, teamwork skills, and preferably experience in Engineering/Manufacturing/Oil & Gas.
  • You will manage general accounting tasks, handle AR/AP, ensure tax compliance, monitor KPIs, assist during audits, suggest process improvements, and prioritize your work independently.

Requirements

  • Must have at least a Bachelor of Commerce degree and preferably additional qualifications.
  • Must have a minimum of 3-year experience in industry in the relevant areas.
  • Must have a good attitude / flexibility and be able to support Manager / Supervisor in his / her area of work by giving suggestions and have the ability to “step in “, if required for short periods of time during absence of other teammates.
  • Must be able to work as a team and support other colleagues where required.
  • Experience in Engineering/Manufacturing/Oil & Gas is desired.

Responsibilities

  • General Accounting including JVs, Accounts Payable, Accounts Receivable, Vendor invoice booking, raising invoices, Vendor Payments, etc. and must have substantial knowledge and experience for the same to operate on own independently, without regular supervision. Must also be able to process non routine work as and when it arises.
  • Should have good communication skills in English and be able to communicate with Customers / Vendors, and explain AR / AP Reconciliation, if required, and also communicate suitably with management.
  • Must be able to work independently as per structure with no or minimum regular supervision but ensure that relevant data and decisions of importance be communicated to supervisor on a timely basis.
  • Must have general Tax knowledge relating to GST and Income Tax so as to meet the compliance requirements of the company and be able to arrive at conclusions and make corrections where required based on available data.
  • Must be able to understand existing processes and suggest improvements where required to bring in efficiency and then independently work or lead a team to implement the same.
  • Must be able to work remotely through ERPS systems.
  • Must monitor KPIs and put in efforts to meet the same keeping in mind the Policies and broad guidelines of the company.
  • Must be able to assist in statutory audit requirements.
  • Must be able to give feedback / discuss with management and review KPIs and give suggestions for improvement within the scope / area of operations as maybe required.
  • Must be able to plan his / her own work, setting priorities to meet deadlines. Would have a broad latitude of work relating to 2 Ledgers, with specific attention to one Ledger or as maybe determined by management from time to time.
  • Assisting in MIS as per requirements of company.

FAQs

What are the primary responsibilities of the Executive - Accounts & Finance position?

The primary responsibilities include general accounting tasks such as managing JVs, Accounts Payable, Accounts Receivable, vendor invoice booking, raising invoices, vendor payments, maintaining communication with customers and vendors, tax compliance, process improvement, KPI monitoring, and assisting in statutory audits.

What qualifications are required for this job?

A Bachelor of Commerce degree is required, and additional qualifications are preferred. The candidate must also have a minimum of 3 years of relevant experience in the industry.

Is prior industry experience important for this role?

Yes, experience in Engineering, Manufacturing, or Oil & Gas is desired for this role.

How important are communication skills for this position?

Good communication skills in English are essential, as the role involves communicating with customers, vendors, and management, particularly regarding AR/AP reconciliation.

Will I have to work independently in this role?

Yes, the candidate must be able to work independently with minimal supervision while ensuring timely communication of important information to supervisors.

What is the expected work environment for this position?

The position will involve working remotely through ERP systems and requires monitoring and improving financial processes and KPIs.

Are there opportunities for process improvement in this role?

Yes, the candidate must understand existing processes and suggest improvements to enhance efficiency and may also lead a team in implementing these improvements.

What type of support will be expected towards the Manager/Supervisor?

The candidate should be flexible and supportive towards the Manager or Supervisor, providing suggestions and stepping in temporarily during their absence if necessary.

What are the reporting requirements for this position?

The candidate must be able to provide feedback, discuss KPIs with management, and suggest improvements within their operational scope.

Can this position assist with statutory audit requirements?

Yes, the candidate will be expected to assist in statutory audit requirements as part of their responsibilities.

We power the industry that powers the world.

Energy
Industry
10,001+
Employees

Mission & Purpose

National Oilwell Varco (NOV) is one of the world’s leading equipment and service providers to the oil and gas industry. With over 150 years of industry experience, we’re the single source for all downhole tools, rig equipment, integrated systems and supply chain solutions. NOV offers very competitive benefits. We seek dedicated individuals who want to turn their professional ambitions into personal achievements. If you want to experience more challenges and rewards than you ever thought possible, think of NOV.