Project Accountant

坯潤; Abu Dhabi; On-site; USD 60,000 - 90,000; Full time

Job summary

A leading organization in the Oil and Gas sector is seeking an experienced Project Accountant to handle financial reporting and team management. Candidates should have a solid background in project accounting with a willingness to work in a dynamic environment, contributing to exciting and meaningful energy projects.

Benefits

Competitive remuneration package

Medical Insurance

Group Life and Personal Accident Insurance

End of Service Gratuity

Employee Share Plan

Long Service Award

Commitment to professional development

Global connections

Energy Transition Academy

Qualifications

• 5 years of project accounting experience required.
• Strong ethical values and ability to maintain relationships.
• Preparation of invoices and compliance with financial frameworks.

Responsibilities

• Ensure accurate accounting entries and timely financial reporting.
• Manage compliance with financial management frameworks.
• Liaise with auditors and handle various ad-hoc financial tasks.

Skills

Project Accounting

Financial Reporting

Team Management

Commercial Knowledge

Excel Proficiency

Education

Recognized accounting qualification

CIMA / ACCA / CPA or equivalent

Job description

Remarkable people, trusted by clients to design and advance the world.

The Role

This is an exciting opportunity for an experienced Project Accountant with a proven track record in a similar role at a similar organization within the Oil and Gas industry.

Our Clients and Projects

Designing the future. Transforming the world.

Across EMEA, our teams are providing solutions and expertise to support our growing client base, focused on combining maintenance and operations with asset management, modifications and engineering services across the energy and materials markets.

We are focused on growth and our strategy is centered around building partnerships with our clients across the three regions: UK, Norway and the Middle East and Africa.

What we can offer

• Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business
• Competitive remuneration package: With regular reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance: The company provides Life Assurance cover
• End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years services of our employees at 5 - year service milestones
• Commitment to continued professional development: Development plans that are tailored to your individual needs and interests
• Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems - delivered by experts in their field

The key objectives for this role are:

To ensure all accounting entries within the individual's area of control (i.e. project, contract, service line) are recorded in an accurate and timely manner. This involves the provision of timely reporting of financial data internally to business stakeholders and externally to the client. Furthermore, financial reporting will extend to forecasts, budgets and a no surprises outlook, together with ad-hoc financial analysis. In some cases this also requires the management of a small team.

Skills And Qualifications

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world s most critical challenges.

Qualifications:

• Further education through College or University with a recognized accounting qualification
• Preferably working towards CIMA / ACCA / CPA or equivalent

Knowledge, skills and experience:

• 5 years project accounting experience
• Proficient user of Excel
• Good commercial knowledge

Personal attributes:

• Ability to form and maintain strong working relationships
• Strong ethical values and communicates with openness and honesty
• Ensure that all accounting entries are prepared accurately and in line with corporate deadlines
• Ensure invoices are prepared in a timely manner and in accordance with the commercial terms of the contract
• Ensure results are accurately reported and analysed
• Calculation of billing and cost rates, and analysis of margins to manage profitability
• Preparation of annual plan and quarterly reforecast in conjunction with Business Management and Finance team
• Responsibility for compliance with Financial management Framework within the individual s sphere of control
• Focus on cash collection, optimization of DSO and minimization of unbilled items together with ensuring these balance sheet areas are appropriately reconciled, analyzed and controlled
• Liaising with external, internal and client auditors
• Linkage with business manager and contracts administrator regarding any contractual aspects
• Execution of various ad hoc financial analysis and tasks as and when required

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