Senior Project Accountant

Our client is currently recruiting for a Senior Project Accountant. Based in Aberdeen, the role is on a permanent basis and offers hybrid working.

RESPONSIBILITIES:

• Monitor the on-going financial performance of each job by preparing monthly project accounts, forecasts and budgets and ensure all commercial and financial reporting deadlines are met.
• Support the Projects Team by providing ongoing and regular commercial analysis and information regarding expenditures, commitments, and the financial performance of the contract.
• Ensure that internal cost reporting for the contract meets with corporate accounting and Commercial department requirements and that ongoing analysis is being made to track recovery against costs and highlight and resolve any associated issues in a timely manner.
• Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimise financial return.
• Liaise with the commercial administrators to review invoices to ensure they presented to the Client correctly and in a timely manner ensuring approval by project management is obtained.
• Monitor outstanding debtors and ensure that any commercial problems are addressed, and that cash collection is optimised.
• Identify ongoing opportunities for revenue growth and cost minimisation such that contract margins are enhanced.
• Ensure Labour and 3rd party reconciliations are done on a monthly/quarterly basis.
• Understand the commercial terms and administration requirements for the allocated contracts to assist in managing and mitigating risks associated with contract delivery.
• Proactively provide advice and support to the Project Teams regarding the commercial aspects of the contracts.
• Collate all relevant start-up information for jobs/phases and instigate contract set up as appropriate.
• Ensure all activities across the projects including minor estimates or CTRs are undertaken in line with client approval process and Petrofac DOA prior to commencement.
• Perform all tasks and prepare all information in accordance with the company’s policies, processes, and procedures.
• Establishment and maintenance of relationships with internal and external clients.
• Support Contract administration, including all rate reviews, contract reviews, amendments and incentive performance, etc. to ensure that all costs are fully recovered and are accounted.
• Provision of commercial support in the preparation of tenders and new business proposals

REQUIREMENTS:

• Degree qualified, Finance/Accounting degree preferred.
• Advanced Microsoft Word and Excel.
• Experience with Oracle or similar ERP system.
• Ability to work under pressure.
• Work as part of a team.
• Proactive and ability to take initiative.
• Excellent communication skills.
• Meticulous attention to detail.
• Experience with budgeting, forecasting and month end deliverables.
• Commercial Knowledge.
• Previous experience in a similar role.
• Oil and Gas experience.