Internship – Accounting Assistant (Emirati Nationals Only): Dubai

Job Description

<strong><u>Job Description<br><br></u></strong>CLOSING DATE 19 MAY 2023.<br><br><strong>NOTE: </strong>Please <strong>ONLY</strong> apply if you have a relevant degree or are a final year student in <strong>Finance/Accounting </strong>and you are an <strong>Emirati National. <br><br></strong><strong><u>Job Summary.<br><br></u></strong>This intern position is within the WT Shared Service team and will support the Accounts Payable/Intercompany team with various day to day activities and month end close responsibilities. Under the supervision of our staff, the Accounting Intern can expect to participate in the preparation of journal entries and financial reports, analyze actual financial data, learn more about effective communication within the organization, and assist with other accounting activities. You should be a motivated team player who can maintain efficiency and accuracy when multitasking.<br><br><strong><u>Responsibilities<br></u></strong><ul><li>Review all invoices for appropriate documentation and approval prior to payment</li><li>Process 3 way P.O. matching invoices</li><li>Prioritize invoices according to cash discount potential and payment terms</li><li>Reconcile vendor statements, research and correct discrepancies</li><li>Handle vendor correspondence via email or phone</li><li>Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices</li><li>Review company credit card logs</li><li>Reconcile vendor statements</li><li>Perform other duties as required to support Accounting Department</li><li>Assist to compile and analyze financial information such as IC purchases, sales revenue, markup, and expenses.</li><li>Communicates and coordinates with NOV affiliate partners to record IC transactions, analyze IC balances, and propose clearings.</li><li>Assist in intercompany reconciliation, including Inter-Unit markup.</li><li>Assist in booking invoices and settlement.</li><li>Perform IC AR functions which includes collection of IC invoices.</li><li>Generates monthly intercompany billings (Intercompany chargebacks).</li><li>Assist in journal entries to the general ledger (accruals).</li><li>Updates the Open Items lists and ensures that IC balances are properly aged.</li><li>Assist with month-end, quarter-end tasks</li><li>Assists with fulfilling audit requests (internal audit/external audit/SOX)</li><li>Other duties and special projects as assigned<br></li></ul><strong><u>Behavioral Skills/Competencies<br></u></strong><ul><li>Good verbal and written communication skills</li><li>Good knowledge of excel</li><li>Strong desire to make positive changes and develop process improvements</li><li>Ability to deal with people at all levels</li><li>Attention to detail and deadline oriented </li><li>High level of integrity and work ethic</li><li>Ability to work under pressure</li><li>Excellent written and verbal skills; excellent listener<br></li></ul><strong><u>Experience/Education/Skill-set Required<br><br></u></strong><strong>Essential: <br><br></strong>Bachelor’s Degree in accounting (Must be a recent graduate)<br><br><strong><u>Desirable<br><br></u></strong>Professional Finance related qualification like master’s degree in finance, CA, CPA is preferred<br><br><strong>Training<br><br></strong>Accounting interns will receive on-the-job training to help them learn the specific processes and procedures of the company. This training will help interns learn the specific software and computer systems they will use while working for the company. They will also receive instruction on how to complete tasks and interact with other employees.<br><br><strong><u>About Us<br><br></u></strong>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.<br><br><strong>We Power the Industry that Powers the World<br><br></strong>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.<br><br><strong>Global Family<br><br></strong>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.<br><br><strong>Purposeful Innovation<br><br></strong>Through purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better.<br><br><strong>Service Above All<br><br></strong>This drives us to anticipate our customers’ needs and work with them to deliver the finest products and services on time and on budget.<br><br><strong>Organization<br><br></strong><strong>Corporate<br><br></strong>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.