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Project Accountant

  • Location: Aberdeen, AB11 5QF
  • Salary: Negotiable
  • Job Type:Permanent

Posted about 2 months ago

  • Sector: Oil, Gas and Petrochemical
  • Contact: Joanna Davies
  • Contact Email: joanna.davies@nrl.co.uk
  • Contact Phone: 01942 323277
  • Duration: Permanent Role
  • Start Date: 01 March 2024
  • Expiry Date: 31 March 2024
  • Job Ref: V-169032

On behalf of or client, NRL are looking for a Project Accountant for work in the Aberdeen area.

Duration: Permanent Role

Location: Aberdeen AB11 5QF

Hybrid: Yes, 2 days from home, 3 in the office.

Rate: Negotiable


ESSENTIAL QUALIFICATIONS AND SKILLS:

  • Oil and Gas experience.

  • O&M Experience.

  • E&C Experience.

  • 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.

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KEY RESPONSIBILITIES:

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Perform all tasks and prepare all information in accordance with the company’s policies, processes and procedures.


About NRL
The NRL Group connect global engineering companies with the right people to bring their projects to life. Supporting contracting companies with their energy transition plans and working with our clients to build a cleaner, greener future.

We welcome applications from every walk of life and are committed to driving diversity within the industries we support, as a certified Inclusive Recruiter and armed forces friendly employer. We’re committed to making online job searches safe, you can find out more by searching for JobsAware.