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Sr. Manager, Working Capital

Company: NOV, Inc.
Location: Houston
Posted on: November 26, 2022

Job Description:

Job DescriptionPrimary Duties:

  • Define along with process leads and finance leaders potential working capital opportunities and execution plans and drive improved awareness and engagement through effective communication to internal stakeholders
  • Establish improvement targets and relevant metrics to monitor and measure working capital efficiency related to operational areas of focus
  • Establish accountability tools and measures to ensure sustained efforts and track progress
  • Work in the areas of inventory velocity, inventory accuracy, open purchase order commitments, cycle count programs, overstock, excess & surplus program (OES), scrap programs, global inventory view awareness and usage, inventory improvement plans, lead time management, build plan execution and systems based disciplined material management
  • Identify levers to drive best inventory practices during up and down cycles, and train the organization on the use of such practices
  • Partner with Finance, Supply Chain, and Sales on Accounts Payable and Accounts Receivable improvement opportunities
  • Partner with the Corporate Working Capital Team to determine priorities and help with identification, planning, and roll-out of relevant initiative
  • Perform other work related tasks as assigned.
  • Comply with all NOV Company and HSE policies and procedures. Qualifications:
    • Bachelor's degree in Operations Management, Supply Chain Management, Industrial/Systems Engineering or related field. Master's degree is a plus
    • Minimum of 10 years of related work experience
    • Certifications such as CPA, APICS CPIM/CSCP, Lean Six Sigma etc. desired
    • Experience with Business Systems (ERP) such as SAP, Oracle EBS, Oracle Cloud, etc.
    • Proficient with financial reporting systems, Microsoft Excel, and PowerPoint Additional Requirements:
      • Strong understanding of working capital drivers and impact on an organizations operational and financial performance
      • Self-starter with the ability to develop strategic initiatives and drive results
      • Strong interpersonal and leadership skills that is effective at all levels of the organization
      • Ability to influence the broad organization towards attainment of objectives
      • Effective at leveraging all available resources to solve problems, improve processes and meet objectives
      • Effective at driving and managing change, challenging the status quo, and championing new and innovative ideas
      • Strong verbal & written communication skills

Keywords: NOV, Inc., Houston , Sr. Manager, Working Capital, Executive , Houston, Texas

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