Ap Accountant

6 days ago


Hofuf, Saudi Arabia National Oilwell Varco Full time

Ensure all Vendor Invoices are processed in timely manner for allocated ledgers as per NOV policy
- All Vendor Invoices are processed by checking the respective documents and following the policy of NOV
- Timeliness in processing invoices is critical as it is business demand
- Processing invoices accurately
- Do a root cause analysis of approval efficiency and work with relevant stakeholders to fix process breaks and ensure continuous process Improvements In all P2P In efficiencies
- Maintain production log and needs to ensure timely follow up with respective stake holders in case of dispute
- Creation of Payment files on time as per the process standardization
- Perform Payment approval review before It Is sent to Manager or controller for approval
- Work on Bank reconciliations during month end
- Perform Vendor reconciliation for all Category vendors and ensure the unreconciled items are cleared before month end
- Ensure that all AP activities are performed as per the agreed governance, guiding, and educating the wider teams on the correct ways of working and making Improvements If necessary
- Accurate maintenance of P2P Team records; produce regular reports on the demand input through the Team and presenting at Team meetings
- Spot checks on Quotes, price comparison and background checks on supplier as requested by Senior Management
- Strong awareness of Internal control and security concerns.
- Process documentation and reporting, as needed.
- Help support in developing the use of robotics, Al and Machine learning
- Support External Audits and SOX activities
- Open GRNI and Open PO review
- Aged AP balances to be closed on time
- Validate Trial balance of Trade Creditors
- GRNI Reconciliation and SL- GL Reconciliations

Every 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.

**Completion & Production Solutions**

Through NOV Completion & Production Solutions, we serve well intervention service providers and oil and gas producers, and we pursue opportunities around hydraulic fracture stimulation, wellbore intervention equipment, composite tubulars, pumps, floating production systems, and subsea production technologies. Our integrated approach delivers greater certainty, reliability, and peace of mind.



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