OrganisationPositionSenior Project Financial AccountantVacancy ref83171Based inDubaiBusiness areaSubsea & ConventionalWorking hours40 hours per weekContract typeStaffClosing date30/06/2024 At Subsea7, we take pride in being recognized globally as a leader across the Energy Industry. For 5 decades our people have delivered over 1,000 projects in all water depths across our energy hubs and we continue to do so, adapting and evolving in an ever-changing world.
Our success and sustainability are only made possible by continuing to develop our assets and technology through innovation and collaboration, and importantly through the development and diversity of our people who every day ‘Make Incredible things Happen’ At Subsea7.
OVERVIEW OF ROLE
Subsea7 is hiring a
Senior Project Financial Accountant. This is an exciting opportunity to take on a high visibility role and accounting responsibility for long-term construction Projects portfolio. Ideally, the successful candidate will have experience of Project Accounting in the Oil & Gas, Construction or similar industries.
The individual will be comfortable working under their own initiative, but also be able to respond to tight deadlines and deliverables as and when requested by Management.
All personnel are expected to contribute to creating a positive HSEQ culture within Subsea 7 and ensure familiarity with and adherence to local HSEQ codes and practices.
Specific Key Responsibilities & Activities
Accurate monthly SAP close out and Latest Thinking Forecast (LTF). Reporting of Project cash flow. Project Balance Sheet management – focus on Aged Receivables, Accruals, Unearned and Unbilled accounts. Support projects on Monthly & Quarterly variance analysis on project forecast, actuals, cashflow and balance sheet. Emphasis on understanding the numbers and underlying storytelling. Reporting of monthly Backlog, % Completion, Allowances and Contingency per Project. Maintenance - and improvement to where required - of Project Finance control environment. Ownership of all finance, tax and treasury issues arising from the Projects. Ensure in-country compliance obligations - with regards to WHT (Withholding Tax), PIT (Personal Income Tax) etc - are met in a timely manner by working in collaboration with other Business Units/functions. Review of statutory entities under Middle East management responsibility to ensure accurate reporting of Projects data. Liaison with local accountants towards keeping Projects WHT certificate files including full reconciliation. Assist on other Tax matters including Tax filings.
PERSON SPECIFICATION
At least CIMA, ACCA Qualified or equivalent. Good communication skills. Financial and/or Management Accounting experience. Strong excel and systems skills. Self-starter with a pro-active approach.
OUR OFFER
We are an Equal Opportunity Employer. We are committed in creating a diverse workforce and look to offer an exciting and excellent international career opportunities as you develop your skills and aspirations.
Along with a range of employment benefits, career development opportunities (mentoring and development programmes) and a flexible working environment, our employees can also further enhance their work-life balance through our Remote Working Policy and wellbeing through a Medical Private Plan and a Wellbeing support initiatives.
Join Us
All applicants that meet the job criteria will be contacted in the two weeks following the application submission date by our GPC recruitment team. Remaining applications will be integrated in our database and considered in future job opportunities.
#LI-NE1
