Senior Project Accountant
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Key skills for this role
About the Role
McDermott seeks a Senior Project Accountant to manage project billing, financial reporting, and cost analysis for energy/construction projects. Requires 5-7 years of experience in oil and gas or EPCI industry and a bachelor's degree in Finance/Accounting.
Key Skills for This Role
Responsibilities
- Work with project teams to understand billing requirements in the contract
- Prepare and review customer invoices for third party customers
- Prepare information needed to support intercompany project billing
- Confirm intercompany balances
- Prepare unbilled cost accruals
- Generate and review Executive Summary Reports for intercompany projects
- Run monthly system reports and review for issues
- Run Accounts Receivable Contract Status Report, Aging Report, and Unapplied Cash Report
- Coordinate with project manager and project controls for forecasts and project finance reports
- Work with project manager, procurement, and subcontracts coordinator to maintain healthy project cash flows
- Maintain internal financial control over the project
- Review and analysis of costs charged to the project
Requirements
- 5 7 years of experience, ideally in oil and gas, EPCI, or construction industry
- Bachelor’s degree in Finance and Accounting required
- Relevant certification (Chartered Accountant, ACCA, CPA, etc.)
- Experience with billing in the Energy & Construction industry
- Knowledge of ERP accounting software
Full Job Posting
Job Overview
- The Senior Project Accountant uses best practices and knowledge to improve the project accounting discipline within McDermott. They act as a resource for colleagues with less experience and solve complex problems.
Key Tasks and Responsibilities
- Work with project teams to understand billing requirements in the contract
- Prepare and review customer invoices for third party customers
- Prepare information needed to support intercompany project billing
- Confirm intercompany balances
- Prepare unbilled cost accruals
- Generate and review Executive Summary Reports for intercompany projects
- Run monthly system reports and review for issues
- Run Accounts Receivable Contract Status Report, Aging Report, and Unapplied Cash Report
- Coordinate with project manager and project controls for forecasts and project finance reports
- Work with project manager, procurement, and subcontracts coordinator to maintain healthy project cash flows
- Maintain internal financial control over the project
- Review and analysis of costs charged to the project
Essential Qualifications and Education
- 5 7 years of experience, ideally in oil and gas, EPCI, or construction industry
- Bachelor’s degree in Finance and Accounting required
- Relevant certification (Chartered Accountant, ACCA, CPA, etc.)
- Experience with billing in the Energy & Construction industry
- Knowledge of ERP accounting software
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