Job Description

Overview / Responsibilities

Wood is currently looking for an Associate Accountant with oil and gas petrochemical industry experience to join the Aberdeen team.

Overview / Responsibilities

The Associate Accountant will ensure all aspects of contract finance; all accounting activities are undertaken in a timely and accurate manner for the contract covering invoicing, month end close, budget/forecasting, internal reporting of monthly financials and completion of profit & loss / balance sheet reconciliations.

Role:

To ensure accurate accounting, reconciliation and processing of key data to enable the business to monitor performance, drive improvement, collect cash and ensure governance across a collection of key client contracts

Key Responsibilities:

• Review and code Accounts Payable invoices across selection of contracts in line with Contract T&Cs.
• Review and analyse costs coded within the accounting system to each contract within remit to ensure charges are valid and accounted for in line with contract T&Cs. Make corrections as required.
• Review Goods Received Not Invoiced (GRNI) register, highlight and support close out with SCM/Contract.
• Undertake manhour reconciliations between systems to ensure all hours have been captured for invoicing and costing purposes
• Prepare labour and non-labour reconciliations to establish over/under-recoveries and enable any corrective actions to be taken in a timely manner
• Manage revenue generation process to ensure revenue is generated in line with contract T&Cs as well as company/accounting policies (including lump sum event processing)
• Review and progress correction of any revenue rejection items
• Maintain and update bill rate schedules in Oracle to ensure timely and accurate processing of costs through to invoice
• Provide support to Accountants for other month end processing/reporting as required
• Responsible for identifying and highlighting opportunities for continuous improvement within the contracts and sharing of best practice within the team and wider function

Skills / Qualifications

Knowledge & Experience:

• Relevant accounting experience
• Proficient user of Excel
• Competent at using ERP/ forecasting systems

Job-Specific Skills:

• Good understanding of contract commercials to appreciate rate build-ups and recovery of costs to ensure maximisation of cash position
• Strong verbal and written communication and interpersonal skills to build good working relationships within teams
• Highly organised and ability to prioritise tasks
• Must be able to meet deadlines without compromising accuracy
• Attention to detail is critical
• Must be able to work as part of a team

Company Overview

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people.

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

John Wood Group