Senior Project Accountant - EPCI

Mc Dermott; Dubai; On-site; AED 178,560 - 290,160; Full time

Benefits offered by this job

International exposure

Professional development opportunities

Engagement in diverse projects

Job summary

McDermott in Dubai is looking for a Senior Project Accountant with 5-7 years of experience in project accounting, billing, and finance within the oil and energy sector. In this role, you will manage customer invoices, intercompany billing, and project financial reporting to ensure healthy cash flows and compliance.

The ideal candidate will be detail-focused, possess strong communication skills, and hold a Bachelor's degree in Finance and Accounting. Join an international energy project company renowned for its engineering and procurement excellence.

Qualifications

• 5-7 years of project accounting, finance, billing, or cost control experience.
• Experience in oil and gas, EPCI, construction, energy, or project-based industries preferred.
• Relevant professional certification such as Chartered Accountant, ACCA, CPA is an advantage.

Responsibilities

• Work closely with project teams to understand contract billing requirements.
• Prepare and review customer invoices for third-party clients.
• Confirm intercompany balances and review related project information.
• Prepare unbilled cost accruals and ensure costs are properly recognized.
• Run and analyze Accounts Receivable Contract Status Reports.

Skills

Project accounting

Customer billing

Intercompany billing

Accounts receivable

Unbilled cost accruals

Cost analysis

Cash-flow management

Financial controls

Contract billing review

ERP accounting software

Audit trail reporting

Accounts receivable aging

Unapplied cash reporting

Forecasting support

Client audit support

EPCI finance support

Construction project accounting

Corporate reporting

Ad-hoc financial analysis

Education

Bachelor's degree in Finance and Accounting

Tools

ERP accounting software

Job description

Senior Project Accountant - EPCI Job Snapshot

Role: Senior Project Accountant
Location: Dubai, UAE
Industry: Oil and Energy
Function: Accounting-Finance
Experience: 5-7 years
Job Type: Full-time

Job Details: Country: UAE City: Dubai Industry: Oil and Energy Function: Accounting-Finance Salary: 16000-26000 (estimated). Please confirm final offer with employer.

Overview

Senior Project Accountant in Dubai, UAE for the Oil and Energy sector is a finance and project accounting role focused on customer billing, intercompany reporting, project cash flow, cost analysis, financial controls, and contract-based invoicing. This opportunity is suited to an experienced accounting professional who understands EPCI, construction, or energy project environments and can support project teams with accurate reporting, healthy cash‑flow management, and disciplined financial governance.

Key Responsibilities

• Work closely with project teams to understand contract billing requirements, invoicing milestones, payment terms, and supporting documentation needs.
• Prepare and review customer invoices for third‑party clients in line with approved contract terms and project requirements.
• Prepare information required for intercompany project billing and ensure supporting records are accurate and complete.
• Confirm intercompany balances and review related project information for consistency across internal systems and reports.
• Prepare unbilled cost accruals and ensure costs are properly recognized, processed, and recorded.
• Generate and review executive summary reports for intercompany projects, checking alignment between financial and project information.
• Run monthly system audit trail reports and review business unit activity for accounting or classification issues.
• Run and analyze Accounts Receivable Contract Status Reports, Accounts Receivable Aging Reports, and Unapplied Cash Reports.
• Make necessary adjustments to ensure all project accounting activity is correctly recorded.
• Coordinate with project managers and project controls teams to complete forecasts and prepare project finance reports for local and corporate management.
• Work with project managers, procurement teams, and subcontract coordinators to analyze, maintain, and improve project cash flows.
• Maintain internal financial controls over assigned projects and support compliance with company accounting policies.
• Ensure client invoices are submitted on time and support client audit requirements when needed.
• Review and analyze project costs to identify issues, variances, or incorrect charges.
• Provide financial inputs for ad‑hoc reports requested by local management, corporate management, or project leadership.

Ideal Profile

• Bachelor's degree in Finance and Accounting.
• 5-7 years of project accounting, finance, billing, or cost control experience.
• Experience in oil and gas, EPCI, construction, energy, or project‑based industries is strongly preferred.
• Relevant professional certification such as Chartered Accountant, ACCA, CPA, or similar qualification is an advantage.
• Practical experience with billing in the energy and construction industry.
• Good knowledge of ERP accounting software and project finance reporting systems.
• Strong understanding of accounts receivable, customer invoicing, intercompany billing, accruals, cash‑flow tracking, and cost analysis.
• Able to work with project managers, procurement teams, project controls, subcontract teams, and corporate finance stakeholders.
• Detail‑focused with the ability to review financial data, identify gaps, and support accurate reporting.
• Strong communication skills with the ability to explain financial information clearly to project and management teams.
• Able to manage deadlines, handle multiple reporting tasks, and work within established finance policies and controls.

Skills Set

• Project accounting
• Customer billing
• Intercompany billing
• Accounts receivable
• Unbilled cost accruals
• Project finance reporting
• Cost analysis
• Cash‑flow management
• Financial controls
• Contract billing review
• ERP accounting software
• Audit trail reporting
• Accounts receivable aging
• Unapplied cash reporting
• Forecasting support
• Client audit support
• EPCI finance support
• Construction project accounting
• Corporate reporting
• Ad‑hoc financial analysis

Why Join Us

• Work in a project finance role connected to major energy, EPCI, offshore, onshore, and construction activities.
• Build strong exposure to contract billing, intercompany reporting, project cash flow, and financial control in a global project environment.
• Support project managers and corporate finance teams with reports that directly influence cost visibility and commercial decision‑making.
• Strengthen accounting expertise in a sector where accurate billing, timely reporting, and healthy cash flow are critical to project success.
• Join an international energy project company with long‑standing experience in complex engineering, procurement, construction, and installation work.

About the Company

McDermott International, Ltd is a global engineering, procurement, construction, and installation company serving the energy industry. With more than 100 years of experience, McDermott delivers offshore, subsea, onshore, and energy transition projects through integrated engineering capability, disciplined project controls, strong financial governance, and reliable international execution.