Principal Accounting Administrator

Overview

Handles project accounting tasks, controls costs, invoices, reporting, and financial coordination.

Key Responsibilities

• invoice processing
• cost tracking
• cash forecast
• financial reporting
• audit interface
• payables management

Tasks

-Ensure that invoices are rendered to clients on a timely basis according to contract terms and that project costs are properly processed and recorded -Align and Coordinate with other departments on project-related financial matters and maintain this interface throughout the life of the project -Provide inputs to the receivable’s accountant for the weekly cash forecast -Manage accounts payables processing for the project -Assist the project accountant in the review and analysis of costs charged to the project -Responsible for client audit interface -Work with project procurement and subcontracts functions to report commitments amounts -Assist in the preparation of monthly and quarterly financial reports, including project cash flow and review with the project management team -In the absence of the project accountant, work directly with the project cost controls to prepare project cost reporting and review project profit estimates -Assist the project accountant in the preparation of percentage of completion calculations -Assist in updating the Cost and Commitment Tracking System -Assist the project accountant in the maintenance of internal financial control of the project

Requirements

• excel
• 4-5 years
• bachelor’s

What You Bring

-High proficiency in MS Excel -4-5 years of relevant experience -Bachelor’s degree in a related discipline is desirable as it aids in the comprehension of the job requirements

People Also Searched For

About McDermott

-Provides a comprehensive range of services including engineering, procurement, construction, and installation (EPCI) for both offshore and onshore projects. -Expertise encompasses the delivery of fixed, floating, and subsea production facilities, pipelines, and storage systems, from concept to commissioning. -Known for diverse product lines and innovative solutions across the oil and gas sector, including offshore and subsea production, onshore construction, engineering, and storage. -Developed the first steel template platform in the Gulf of Mexico in the 1940s, expanding its capabilities through strategic acquisitions and technological advancements.

Sector Specialisms