Senior Financial Analyst

Reposted One Month Ago
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Navi Mumbai, Thane, Maharashtra, IND
In-Office
Senior level
Hardware • Other • Energy
The Role
Lead financial analysis, costing, and revenue accounting for manufacturing operations. Prepare monthly performance reports, analyze variances vs forecast and plan, manage inventory reserves and job costing, support annual planning and forecasts, participate in ERP implementation, streamline reporting, and assist with audits, SOX schedules, and tax-related matters.
Summary Generated by Built In

Job Summary

Responsible for financial analysis, costing and revenue accounting while partnering with business to achieve financial goals

Financial Analysis

  • Partner with operations management to provide advice and technical assistance with operational processes.
  • Presentation of monthly performance results.
  • Review and analysis of monthly actual results vs. forecast vs. plan, investigating key drivers behind deviations
  • Perform revenue accounting based on NOV accounting policies and USGAAP
  • Analyze revenue trend and profitability by contracts and by business lines
  • Deliver timely and accurate management reports for management decision-making
  • Perform costing analysis and ensure accurate costing processes in Finished goods and Work in progress (job costing)
  • Perform routine cost rolls when required and manage the annual cost roll.
  • Perform Reserve calculation of Inventories through set of US guidelines (Work in Process, Finished Goods/Raw Materials).
  • Track and report KPIs on utilization, accuracy and timeliness of forecast, AR and unbill
  • Assist operations with preparation of the annual operating plan and monthly forecasts.
  • Assist in special assignments or any other requirements from time to time or as needed. 

Other Responsibilities

  • Participate in new ERP implementation and documenting the process flow and reports.
  • Streamline reporting and processes for efficiency
  • Partner with controllership and operations to resolve issues to achieve financial and business goal
  • Having reasonable knowledge of Direct and Indirect Tax in India
  • Assist in any other requirement relating to Audit and monthly and quarterly closing.
  • Assist in Quarterly SOX schedules

 Education and experience

  • A professional qualification such as CA/ACCA or Master’s degree in accounting or finance
  • Minimum 5 years of relevant experience (post CA) within a manufacturing environment, preferably in a multinational company
  • Immediate proficiency in Excel, with the ability to manage and analyze data from multiple sources
  • Working knowledge of USGAAP would be advantageous
  • Strong time management and problem-solving skills
  • Good business acumen, with the ability to understand key business drivers
  • Strong communication skills and ability to work in a fast-paced environment 
  • Prior experience with ERP systems is required
  • Strong working knowledge of Microsoft Office suite
  • Expect some business travelling within India
  • Fluency in English is essential
About UsEvery 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 TeamCorporate
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.

Skills Required

  • Professional qualification such as CA or ACCA or Masters degree in accounting or finance
  • Minimum 5 years of relevant experience (post CA) in a manufacturing environment
  • Immediate proficiency in Excel and ability to manage/analyze data from multiple sources
  • Prior experience with ERP systems (participation in ERP implementation mentioned)
  • Strong working knowledge of Microsoft Office suite
  • Working knowledge of US GAAP
  • Reasonable knowledge of Direct and Indirect Tax in India
  • Ability to perform costing analysis, inventory reserve calculations, and revenue accounting
  • Strong time management, problem-solving, business acumen and communication skills
  • Fluency in English
  • Willingness to undertake some business travel within India

NOV Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NOV and has not been reviewed or approved by NOV.

  • Healthcare Strength — Company materials describe comprehensive medical, dental, and vision coverage alongside life/disability insurance, a global EAP, wellness resources, and paid parental leave; the company also states it pays most U.S. health plan premiums, which bolsters perceived value.
  • Retirement Support — The 401(k) program features auto‑enrollment, immediate vesting, and ongoing employer contributions; historical filings and comments point to a generally well‑regarded match even as exact formulas can change.
  • Leave & Time Off Breadth — Paid parental leave and widely cited decent PTO at hire are complemented by options like experience‑based vacation credit and a flexible holiday, creating a rounded time‑off offering in many U.S. roles.

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The Company
HQ: Houston, TX
26,270 Employees

What We Do

NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.

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