Project Accountant

Project Accountant

Permanent Staff

Aberdeen – Hybrid working of 3 days per week in the office and 2 days per week working from home

Oil & Gas sector

A Project Accountant is required to work on a permanent staff basis for a large Oil & Gas company based in Aberdeen.

The successful candidate will have the opportunity to work on a hybrid working set up of 3 days per week in the office and 2 days per week working from home.

KEY RESPONSIBILITIES:

• As the Project Accountant, you will be responsible for the preparation of Client monthly reports including but not limited to value of works, forecast of spend, commitments annual budgets, business plans and contract incentive schemes.
• Monitor the on-going financial performance of each job by preparing monthly management accounts, forecasts and budgets and ensure all commercial and financial reporting deadlines are met.
• As the Project Accountant, you will support the Projects Team by providing ongoing and regular commercial analysis and information regarding expenditures, commitments, forecasts 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 optimize financial return.
• As the Project Accountant, you will check accuracy of Third-Party Invoices against subcontract agreements and approve same as compliance checker where required.
• Identify where contract amendments may be required to cover contract changes and provide support in their drafting and submission.
• As the Project Accountant, you will ensure all activities across the projects including minor estimates or CTRs are undertaken in line with client approval process
• Collate/review invoices to ensure they presented to the Client correctly and in a timely manner such that they are paid on the due date.
• As the Project Accountant, you will monitor outstanding debtors and ensure that any commercial problems are addressed, and that cash collection is optimized.
• Identify ongoing opportunities for revenue growth and cost minimization such that contract margins are enhanced.
• Ensure Labor and 3rd party reconciliations are done on a monthly/quarterly basis.
• As the Project Accountant, you will perform all tasks and prepare all information in accordance with the company’s policies, processes and procedures.

ESSENTIAL QUALIFICATIONS AND SKILLS:

• Degree qualified (preferably in Quality Surveying/Finance/Accountancy or part qualified accountant).
• Advanced Microsoft Word and Excel.
• ERP knowledge.
• Ability to work to close deadlines.
• Work as part of a team.
• Proactive and self-starter.
• Experience with budgeting, re-forecasting, cost-reporting and monthly accounts.
• Ability to work under pressure.
• Oil and Gas experience.
• O&M Experience.
• E&C Experience.

Who we are

First Recruitment Group are committed to finding the right candidates for our clients, and the right companies for our candidates to work for. We’re passionate about putting people first, and take pride in being able to offer an all-round service for candidates and clients with our payroll solution, MyPay+ and workforce management solution, Operam.

As part of putting people first, we strive to be an equal opportunities employer and we are always looking to increase the diversity of our workforce, working closely with our clients to ensure everyone is included.