Project Cost Controller

TechnipFMC; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading technology provider in the United Arab Emirates seeks a Project Controller to manage financial aspects of projects, conduct analysis, and ensure compliance with financial standards. The ideal candidate has solid accounting knowledge, extensive SAP and Excel skills, and 5 years of experience in project controlling. This role involves overseeing project revenue and margin, managing month-end closing, and providing variance analysis. Join a diverse environment that promotes equal opportunities and values every voice.

Qualifications

• 5 years experience in project controlling.
• Ability to interpret Financial Standards in business context.
• Experience with multinational firms.

Responsibilities

• Independently manage all financial aspects of projects.
• Perform project analysis and monitoring.
• Responsible for Project month end closing and reporting.
• Manage forecasting of revenue, margin and invoicing.
• Review and approve new contract inbounds.
• Create, maintain and close WBS structures in SAP.
• Provide detailed variance analysis on balance sheet movements.

Skills

Solid accounting knowledge

Strong SAP skills

Microsoft Excel skills

Analytical skills

Power BI

Education

Bachelor’s in finance or equivalent

Tools

SAP IM/WM

MS Office (Word, Excel, Sharepoint)

Job description

TechnipFMC is a leading technology provider to the traditional and new energies industry, delivering fully integrated projects, products, and services. We are organised in two business segments —Subsea and Surface — within our Surface business, this role looks after projects based in Middle East region.

• Independently manage all financial aspects of projects with Project Manager – organise monthly review sessions to control project EAC and identify any financial risks or opportunities.
• Perform project analysis and monitoring (includes understanding and keeping track of cost and ETC - analyse, work with stakeholders and explain variances)
• Responsible for Project month end closing and reporting (including Post accruals & unbilled revenues, run settlements, Perform reconciliations, Execute, Extract and Compile project reporting with explanation for variances, Report backlog, Sales and margin analysis, along with explaining Actual vs Forecast variances, etc)
• Manage forecasting of revenue, margin and invoicing for all projects monthly.
• Review and approve new contract inbounds to ensure accurate budgeted margin.
• Create, maintain and close WBS structures in SAP as required.
• Manage the revenue elimination on the project resulting from project execution mechanism.
• Maintain compliance to company financial standards and participate in external and internal / SOX audit testing.
• Provide detailed variance analysis on the balance sheet movements for the Project on all legal entities involved in the execution process.
• Assist the team and the Finance Manager on any ADHOC request during month, quarter and annual close.

You are meant for this job if:

• Solid accounting knowledge – particularly revenue & margin recognition over time, invoicing, cash flow and working capital.
• 5-year experience in project controlling
• Strong SAP and Microsoft Excel skills are essential.
• Team player with good analytical skills.
• Bachelor’s in finance or equivalent, plus experience with multinational firms.
• Ability to interpret Financial Standards in business context.
• Experience in SAP mandatory.

Skills

• SAP IM/WM
• MS Office (TCE Word, TCE Excel, Sharepoint) - SSE Eng.
• Power BI

Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes equal opportunities and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, gender expressions, disabilities, or all other pluralities. We celebrate who you are and what you bring. Every voice matter and we encourage you to add to our culture.

TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.