Finance Lead

Wood; Houston (TX); Hybrid; USD 140,000 - 180,000; Full time

Benefits offered by this job

Flexible working arrangements

Salary reviews

Flexible benefits

Professional development

Global connections

Job summary

Wood Canada Ltd. in Houston, TX is seeking a Finance Lead to head the Onshore Projects finance and accounting team, reporting to the Senior Finance Manager. You will lead a small accounting team and own month-end close and project financials.

You will partner with Project Controls, Project Managers, auditors and business leadership to ensure accurate financial information, proper revenue recognition, and strong internal controls across complex engineering and oil and gas projects.

Qualifications

• Bachelor’s degree in Accounting, Business, Economics, or related field.
• Professional qualification in Accounting (CA) required; CPA or CMA designation an asset
• Minimum of seven (7) years of experience with full-cycle accounting in engineering or oil/gas projects
• Experience with ERP systems, including Oracle and EPM/FCC
• Strong Excel skills with pivots and VLOOKUPs
• Solid understanding of project accounting, revenue recognition and financial reporting
• Excellent time-management and ability to meet month-end deadlines
• Strong written/verbal English communication

Responsibilities

• Serve as the primary Finance focal point for Onshore Projects and lead a small team of accountants
• Lead month-end close including revenue and cost accruals, margin analysis, reconciliations, and month-end packages
• Review commercial agreements, rates, and approvals to ensure proper accounting
• Provide project accounting support during kick-off and monthly reviews
• Collaborate with Project Controls to structure contracts for revenue recognition and milestones
• Review project costs and accrue missing costs to protect margins
• Assess variation orders and account for them based on status and likelihood of award
• Ensure revenue recognition and billing milestones align with project needs
• Maintain visibility of project costs, pass-through costs, unbilled amounts, and billing activities
• Perform margin analysis including cost vs sell rate and mix/volume variance
• Prepare full-project forecasts through completion and compare with as-sold position
• Perform contingency analyses and reflect releases or increases in accounting
• Prepare budgets and forecasts for assigned service lines
• Lead audits with internal/external teams

Skills

Financial analysis

Team leadership

Communication

Time management

English proficiency

Education

Bachelor's degree in Accounting, Business, Economics, or related field

CA/CPA/CMA designation

Tools

Oracle ERP

EPM/FCC

Job description

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

Wood is recruiting for a Finance Lead to join our Onshore Projects business in Houston, TX. Reporting to the Senior Finance Manager, this role will lead finance and accounting activities for the Onshore Projects division and manage a small team.

The Role

The Finance Lead will serve as the primary finance focal point for the Onshore Projects division, leading month-end close, project accounting, forecasting, margin analysis, revenue recognition, and financial reporting activities. The role will partner closely with Project Controls, Project Managers, business leadership, and auditors to ensure accurate financial information, appropriate project accounting, and effective financial controls.

Our Clients and Projects

Designing the future. Transforming the world.

Wood’s Projects business delivers engineering, procurement, construction, and project management solutions across complex energy and industrial projects. Our teams work collaboratively with clients and project stakeholders to deliver safe, efficient, and commercially successful projects while supporting the evolving energy landscape.

What we can offer

• Meaningful and interesting projects delivered to leaders of industry across the oil and gas, energy, and industrial sectors
• Flexible working arrangements that balance client, team and individual needs through our standard hybrid working model
• Commitment to Diversity and Inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the marke
• Flexible benefits package that can be adapted to suit your lifestyle
• Commitment to continued professional development through development plans tailored to individual needs and interests
• Global connections with leading industry experts around the world who are shaping the standards of our profession

In our recruitment and hiring process at Wood Canada Ltd., we want to emphasize that we do not employ artificial intelligence or automated systems to screen or select candidates. We are committed to ensuring fairness and inclusivity by relying on the expertise from a team of professional recruiters for the application reviews, interviews, and qualification assessments.

Key Responsibilities

• Serve as the primary Finance focal point supporting the Onshore Projects division and lead a small team of accountants
• Lead month-end close activities, including revenue and cost accruals, gross margin analysis, balance sheet reconciliations, and preparation and presentation of month-end financial packages
• Review commercial agreements, agreed rates, and required approvals to ensure appropriate financial accounting
• Provide project accounting support during project kick-off meetings and monthly project review meetings
• Work with Project Controls to ensure projects are appropriately structured to capture contractual requirements, including lump sum contracts, revenue recognition points and billing milestones
• Review project costs and record necessary accruals for missing costs to maintain accurate project margins
• Review variation orders and potential variation orders, confirming appropriate accounting based on their status and probability of client award
• Ensure revenue recognition and billing milestones are appropriately accounted for and aligned with project requirements
• Maintain visibility of project costs, pass-through costs, unbilled amounts, and billing activities to support timely financial reporting and invoicing
• Perform margin analysis, including cost rate versus sell rate and mix and volume variance analysis
• Prepare full-project forecasts through completion and compare projected results against the original “as sold” position
• Perform contingency analysis and ensure contingency releases or increases are appropriately reflected in project accounting
• Prepare budgets and forecasts for assigned service lines
• Lead engagement with internal and external auditors to successfully complete relevant audits

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.

Expected

• Bachelor’s degree in Accounting, Business, Economics, or a related field
• Professional qualification in Accounting (CA) required; CPA or CMA designation an asset
• Minimum of seven (7) years of experience with a proven track record in full-cycle accounting, ideally within an engineering consultancy or oil and gas project environment
• Experience working with ERP systems, including Oracle and EPM/FCC
• Strong numerical and analytical skills with advanced proficiency in Microsoft Excel, including pivot tables and VLOOKUPs
• Strong understanding of project accounting principles, revenue recognition, cost accounting, and financial reporting
• Excellent time-management skills with the ability to meet month-end reporting deadlines
• Strong written and verbal English communication skills, with the ability to produce high-quality monthly reports
• Ability to organize and provide timely financial information to stakeholders and Project Managers
• Proven ability to explain and influence the application of project accounting principles with non-finance personnel
• Ability to work independently and collaboratively with a variety of professionals in a team environment

Desirable

• Master’s degree
• Experience leading or supervising a small accounting team
• Experience supporting engineering, energy, or oil and gas projects