Senior Accountant

7 days ago

Qatar McDermott Full time

**Key Tasks and Responsibilities**:

- Monitor Project Cost & Revenues and prepare Monthly Project Financial POC.
- Prepare and Maintains Project Cash Flows forecast and analyze variances for actuals vs. forecast
- Ensures booking of revenue into MDR backlog conforms to MDR policies and procedures.
- Monitor billable and non-billable cost. Ensures proper and timely billings.
- Preparation of necessary Project Reports either on weekly or monthly or quarterly basis as deemed appropriate or required.
- Co-ordinate with the Tax Dept for the tax related issues.
- Co-ordinate with Project controls for WBS and issuance of Chart of Accounts.
- Liaison on all financial matters related to the Projects.
- To assist Project Controls in preparing the monthly and quarterly review packages or any other Project Reports as and when required.
- To keep track of changes in budgets, change orders, trends, commitments etc.
- Develop the Project Invoicing Procedure for the prime contract. Review all customer invoices for the project.
- Monitor the status of all financial instruments including all relevant information necessary for issue, maintenance and cancellation.
- Co-ordinate insurance coverage so that they are in place in accordance with the prime contract.
- Participate in the preparation of Project Risk & Opportunities.
- Assist in the preparation of all financial correspondence for the Project Director and/or Project Manager.
- Prepare the financial part of the Project Close-out Report.
- Provide timely true and fair view of project financials.
- Provide financial and administrative support.
- Provide support to the auditors to carry out Project Audit.

**Education Qualifications and Education**:

- Qualified CA / ICWA, preferably having experience from oil and gas / infrastructure industries.
- Good in communication and presentation skills.
- Go-getter/ Self starter

**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

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