Senior Accountant - Project Accounting

lxbfYeaa - Qatar - Doha

McDermott is a premier, fully integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the “One McDermott Way.” Operating in over 54 countries,


McDermott's locally focused and globally integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.


Senior Accountant - Project Accounting

Good knowledge in all aspects of general and project accounting (incl month close activities, account reconciliation, revenue recognition and client billings). Responsible for managing a small team of accountants (based out of our FSS Center in Chennai) and processes; adherence to company policies and procedures; and promoting a positive team environment.


Key Tasks & Responsibilities

  • Responsible for execution of Project Accounting activities assigned to the team, including:

i. cost booking/accrual and analysis,

ii. preparation of client billings,

iii. record intercompany entries,

iv. revenue recognition and

v. project reporting

  • Responsible for project month close activities and ensuring activities and project reporting deliverables are completed as per the calendar timelines and meet quality requirements
  • Manage a small team (1 to 2 team members) and be responsible for their functional and administrative deliverables
  • Support various internal and external communications relating to project accounting activities, responses to internal and external inquiries
  • Provide accurate and effective document preparation and records management relative to the project accounting function, in accordance with records retention policies and procedures
  • Any other duties as assigned by the Manager/Director – Project Accounting


Essential Qualifications & Education

  • 8+ years of work experience (semi qualified CA) or Chartered Accountant with 5+ years of work experience
  • Experience in working for a global organization preferably with marine contracting/engineering companies* in the oil & gas sector (handling all aspects – Engineering/ procurement /construction /installation /hook-up & commissioning, not just one aspect)
  • Should demonstrate process improvement mindset and experience in driving process improvements with strong attention to accuracy and detail, strong analytical and presentation skills and ability to communicate effectively (both verbal and written)
  • Demonstrate good people management skills and should have supervised small teams of (1 to 5 team members) being majorly responsible for their productivity and performance management
  • Experience with Oracle or similar ERP systems required and proficiency in Microsoft Office (Excel, Word, Outlook, Power Point etc.)
  • Good knowledge of Hyperion (HFM, Planning) and Smartview would be an advantage


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
Post date: Today
Publisher: LinkedIn
Post date: Today
Publisher: LinkedIn