VP Of Finance

National Oilwell Varco Inc Houston , TX 77020

Posted 3 weeks ago


The successful candidate will provide leadership and coordination of global financial planning, reporting, and analysis functions through responsibilities outlined below.


  • Strategic partner to the Business Unit President and other leaders

  • Provides leadership on financial initiatives, business strategy, policies and practices. Utilize and develop various business reports and metrics to evaluate, interpret, and provide critical information in support of strategic and operating decisions.

  • In coordination with segment accounting shared services teams, the FP&A director has responsibility to ensure the financial statements/reports accurately and completely represent the business unit activities.

  • Responsible for leading a complex global financial consolidation and reporting process for the organization, across multiple geographic regions, countries and legal entities.

  • Manages project accounting responsibilities including over time revenue recognition, project forecasts, margins, contingencies and cash flow. Analyzes risks/opportunities and works closely with project managers for the successful execution.

  • Supports the risk assessment (bids) process with Sales, Operations, Finance, Legal, Tax and Compliance including review of margins, cash flow, risks and revenue recognition accounting.

  • Responsible for inventory reporting (valuation, verification, obsolescence) and works closely with Operations, Manufacturing and Accounting teams to better manage costs, product lines, margins, work in progress aged balances, reserves, cycle counts, materials in transit, warranty projects and other adjustments.

  • Participates in working capital initiatives through reporting and analysis, providing support for the business.

  • Evaluates capital expenditures including budgets and economic analysis to maximize ROI.

  • Technical advisor for complex accounting and financial reporting activities.

  • Participates in acquisition analysis and leads financial acquisition integration efforts.

  • Provides leadership for the IT systems strategy and execution. Manage financial information systems performance and capabilities with a total commitment to continual system improvement.

  • Actively automate and streamline processes, develop metrics and key performance indicators and assist in initiatives to roll out efficient policies and procedures.

  • Supports other NOV Corporate functions (Treasury, Legal, Real Estate, etc.) with business information.

  • Participate in other projects and programs, as directed, for their successful completion


  • Bachelors degree in finance, Accounting or Business with strong Accounting experience

  • Five (5) to Ten (10) years' experience in a mid to senior level finance or accounting position, and a CPA (preferred)


  • License/Certification Required


  • Ability to analyze financial data and prepare financial reports, statements and projections

  • Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects

  • Excellent communication; strong planning and organization skills

  • Highly developed analytical and problem solving skills

  • Strong skills and knowledge of financial principles

  • Strong interpersonal skills working collaboratively with finance, operations and NOV Corporate teams


  • Small and large project/program orientation

  • Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.

  • Knowledge of automated financial and accounting reporting systems.

  • Knowledge of federal and state financial regulations

  • Manufacturing accounting experience preferred

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VP Of Finance

National Oilwell Varco Inc