Sr. Financial Analyst

Posted Yesterday
Houston, TX, USA
Hybrid
Senior level
Hardware • Other • Energy
The Role
Develops KPI reporting systems, prepares rolling forecasts and annual budgets, performs monthly variance and margin analysis, oversees percentage-of-completion revenue recognition, improves finance processes, supports audits, and maintains SOX-compliant internal controls. The role also partners with operations and management across multiple business lines and locations.
Summary Generated by Built In

About NOV and Rig Technologies

NOV is a leading provider of technology, equipment, and services to the global oil and gas industry that supports customers’ full-field drilling, completion, and production needs. Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations. We're continually pushing our own standards higher to deliver the safest, most efficient, and most reliable drilling solutions in the world. Join us as we continue to power the industry that powers the world.

NOV Rig Technologies makes and supports the world’s most advanced drilling solutions. To learn more about Rig Technologies products and services, please visit us at https://www.nov.com/about/our-company-structure/rig

PRIMARY RESPONSIBILITIES

  • Developing systems and processes to report KPIs to operations/management to help accomplish business strategies
  • Analysis and preparation of rolling forecasts and annual budgets dealing with multiple lines of business and locations.
  • Monthly financial analysis, including but not limited to, actual to forecast variance and trend variances inclusive of gross margin review of third-party and IC sales, as well as operating margin review including other costs of sales.
  • Coordination and oversight responsibility for accurate revenue recognition through POC.
  • Identifying and implementing process improvements in finance and operations organizations.
  • Assisting with both internal and external annual audits.
  • Ensure integrity of internal controls in compliance with SOX requirements and company policies and procedures.
  • Other duties and special projects as assigned.

EDUCATION AND EXPERIENCE QUALIFICATIONS

  • Bachelor's degree in Accounting, or related field
  • Minimum 5 years relevant experience preferred
  • Business Intelligence competency (Alteryx, Power BI, Tableau)
  • Advanced proficiency in Microsoft Excel, including formulas, pivot tables, and financial modeling techniques. Power Query, Alteryx, Power Bi, Sigma, Snowflake, SQL a plus. 
  • Strong interpersonal and communication skills
  • Working knowledge of US GAAP
  • Hyperion Financial Management and/or Oracle experience a plus
  • CMA, MBA, CPA a plus

COMPETITIVE BENEFITS: (visit usbenefits.nov.com for more information about our benefits offerings)

  • 401(k) Retirement Plan – NOV matches every dollar up to 5% of base pay and overtime for every dollar you invest.
  • Competitive medical plans that are effective your date of hire. Visit usbenefits.nov.com/cost-for-coverage for more information.
  • FREE MDLIVE virtual visits (when enrolled in an NOV medical plan).
  • FREE preventative medical and dental care for the entire family (when enrolled in an NOV medical/dental plan and seeing an in-network physician).
  • FREE Basic Life and AD&D insurance at 2 times your annual salary (for full-time employees).
  • All regular full-time employees start with 3 weeks of paid vacation per year (prorated based on start date). Pre-NOV relevant experience (years of service) may be considered for vacation accruals.
  • All regular full-time employees receive up to 11 paid holidays per year.

Skills Required

  • Bachelor's degree in Accounting or a related field
  • Minimum 5 years of relevant experience
  • Business Intelligence competency, including Alteryx, Power BI, or Tableau
  • Advanced Microsoft Excel proficiency, including formulas, pivot tables, and financial modeling
  • Strong interpersonal and communication skills
  • Working knowledge of US GAAP
  • Knowledge of Power Query, Alteryx, Power BI, Sigma, Snowflake, or SQL
  • Experience with Hyperion Financial Management or Oracle
  • CMA, MBA, or CPA
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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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