Overview
General Ledger Accountant Jobs in Cape Town, South Africa at NOV Inc
Position: General Ledger Accountant )
CLOSING DATE 12 JULY 2024
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.
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 &
EXPERIENCE:
Bachelors or higher degree in Accounting or Finance. (essential)
Professional Accountant (SA), AGA (SA) (desired)
2-3 years accounting experience (essential)
SAIPA/SAICA Articles/formal accounting training, knowledge of IFRS (essential)
Knowledge of US GAAP and SOX reporting. (Advantageous)
Title: General Ledger Accountant
Company: NOV Inc
Location: Cape Town, South Africa
Category: Accounting (Financial Reporting, Accounting Manager, Financial Analyst, Senior Accountant), Finance & Banking (Financial Reporting, Accounting Manager, Financial Analyst)
