Financial Analyst

The Financial Analyst is responsible for providing business insight and analytical support to the GeoMarket Operations Controller or Country Finance Manager to ensure that each significant business decision is given proper financial consideration.

Review results and profitability analysis relating to area of responsibility. Analyze and investigate trends and reports to GeoMarket Operations Controller.

Perform general ledger accounting. Validate accounting by outsourced organizations, including pre-paid, accruals and allocations.

Review cost allocation cycles and decide if changes are needed. Analyze results of allocation runs.

Analyze and control investments, including CAPEX and projects, by managing project structures, performing project planning and budget assignment, managing project settlement rules, and monitoring project revenue and cost execution and closure.

Request intercompany cost recharges as needed.

Review revenue recognized through the period and reconcile against sales orders. Review deferred revenue not recognized due to lack of recognition criteria, and follow up. Understand revenue determination and accounting in accordance with RDS for nonroutine contracts.

Review revenue, direct costs consumption and profitability reports for completeness, and report to GeoMarket.

Review Product Cost Product Revenue (PCPR) margin and variance explanations, and report final results and analysis to GeoMarket.

Finalize overall period-end results, investigate variances, negative trends or exposures, and report to GeoMarket.

Execute internal controls in accordance with set control framework.

Understand and comply with Sarbanes-Oxley requirements.

Review balance sheet reconciliations and oversee clearing of open items by outsourced organizations, and certify completeness of balance sheet notes.

Key Responsibilities

• Preparation of Financial Statements
• Prepare financial statements in accordance with Indian GAAP, US GAAP and Companies Act requirements.
• Liaise with auditors and coordinate the audit process to ensure timely completion.
• Results Review & Profitability Analysis
• Review financial results and conduct profitability analysis for assigned areas.
• Analyze and investigate financial trends; report findings to the Center Controller.
• General Ledger Accounting and review
• Perform general ledger accounting review activities.
• Validate accounting entries processed by outsourced organizations, including pre-paid expenses, accruals, and allocations.
• Cost Allocation Review
• Review cost allocation cycles and assess the need for changes.
• Analyze outcomes of allocation runs and recommend improvements.
• Investment & Project Control
• Analyze and control investments, including CAPEX and projects.
• Manage project structures, perform project planning and budget assignment.
• Oversee project settlement rules, monitor project revenue and cost execution, and ensure proper project closure.
• Intercompany Cost Recharges
• Request intercompany cost recharges as required.
• Period-End Closing
• Finalize overall period-end financial results.
• Investigate variances, negative trends, or exposures and report findings to the Center.
• Internal Controls Execution
• Execute internal controls in accordance with the established control framework.
• Compliance
• Understand and comply with Sarbanes-Oxley (SOX) requirements.
• Adhere to SLB's Code of Conduct and all applicable financial regulations.
• Balance Sheet Reconciliation
• Review balance sheet reconciliations and oversee the clearing of open items by outsourced organizations.
• Certify the completeness of balance sheet notes.

Required Qualifications & Skills

• Bachelor's degree or higher in Finance, Accounting, or a related field.
• Strong knowledge of Indian GAAP and Companies Act requirements.
• Familiarity with Sarbanes-Oxley (SOX) compliance frameworks.
• Proficiency in SAP or equivalent ERP systems.
• Strong analytical skills with high attention to detail.
• Ability to collaborate effectively with auditors, outsourced teams, and internal stakeholders.
• Excellent written and verbal communication skills.

SLB Core Values

• Integrity – Commitment to ethical conduct and compliance in all activities.
• Collaboration – Working together across teams and geographies to deliver results.
• Innovation – Continuous improvement and adoption of best practices.
• Performance – Delivering measurable impact with a focus on quality and efficiency.

SLB is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, national origin, age, disability, or other characteristics protected by law.