Project Analyst

1 week ago

Dhahran, Saudi Arabia NOV Inc. Full time

**Responsibilities**:

- Responsible for tracking progress, spending and profitability on land rig and rig equipment projects
- Review contracts for multiple elements of revenue recognition and billing milestones
- Review new project cost estimates for reasonableness
- Analyze cost incurred, product costing on a monthly basis
- Coordinate with general accounting, procurement and project management to ensure proper processing of project
- related costs
- Reconcile project costs to budgets. Analyze and report differences.
- Coordinate with project management to gather required documentation for revenue recognition
- Reconcile project related work-in-process and BIX/CIX accounts
- Analyze balance sheet position of individual projects on a monthly basis to ensure milestone billing is accurate
- Perform month end close activities for POC/COC/Standard Orders

**Qualification and Experience**
- 3+ years of professional Accounting experience
- Bachelor's Degree in Accounting/Finance (required)
- Prior Manufacturing industry experience (preferred)

**Skills / Capabilities**:

- Detail oriented
- Strong communication and interpersonal skills
- Advanced Microsoft Excel (required)/ Access (preferred)
- Understanding of SOX internal control compliance
- Prior Manufacturing industry experience (preferred)
- Revenue Accounting and/or Auditing experience (preferred)
- Oracle Experience (preferred)

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.

**Rig Technologies**

At NOV Rig Technologies, we are harnessing the strength of knowledge and innovation that is revolutionizing the future of energy. We build on what works, using our deep expertise to help minimize risk, increase uptime, and improve performance in drilling operations around the globe.

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