McDermott Hiring for Senior Project Accountant Job at Dubai Full Time

CB&I® is the most experienced and the only worldwide builder and designer of industrial storage products and facilities. Headquartered in the Houston, Texas, CB&I has the global expertise and strategically located operations to provide engineering, procurement and construction solutions for our customers’ most complex energy projects.

The Sr. Project Manager is an individual contributor senior professional responsible for accurate reporting of financial information and timely invoicing pertaining to project(s). The role directly reports to Regional Finance or Accounting Management.

Key Tasks and Responsibilities:

• Responsible for Project Accounting and Reporting Activities
• Coordinate with the peers and Project Teams to ensure Project Accounting runs smoothly and efficiently
• Revenue Recognition in line with the company’s policy
• Project invoice approval and cost accruals
• Cost Reviews / Project Budget review
• Closing contract costs on monthly basis
• Preparation of Project working capital and Cash-flows
• Review project forecasts on a regular basis and ensure any outstanding matters are promptly resolved
• Forecasting of Revenue and GP and reporting on variances, if required
• MIS Reporting relating to Project Revenue and Cost
• Maintenance of project-related ledger accounts
• Disseminate month-end project reports to management and relevant business lines
• Maintain list of month-end deadlines
• Maintain project register
• Prepare month-end posting/ allocations and accruals
• Control project accounts payable and receivable tasks

Essential Qualifications and Education:

• Typically 10+ years since first degree and 5-10+ years in an Accounting role
• Bachelor’s (4 year) degree in accounting or equivalent
• Knowledge on taxation is preferred
• ERP accounting software experience (MS office, JD Edwards/SAP or Oracle Cloud experience a plus)
• Familiar with consolidation software a plus (Hyperion Financial Management and Hyperion Financial Planning)
• Collection and invoicing experience
• Experience in the Energy & Construction Industry a plus

Company Overview and Core Values:

McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions—from the wellhead to the storage tank—to transport and transform oil and gas into the products the world needs today.

At McDermott, we hold all employees accountable to follow our 5 core values.

• Integrity – we maintain a firm adherence to legal and ethical conduct
• One Team – we are one company, where everyone is equally important
• Go Beyond – we seek courageous and creative solutions
• Well-Being – we promote all forms of well-being
• Commitment – we are reliable and dependable in delivering quality solutions