AddressPetrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.
We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.
The world is re-thinking its energy supply and energy security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.
This is an exciting time to join us on this journey.
We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.
Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?
JOB TITLE: PROJECT ACCOUNTANT
KEY RESPONSIBILITIES:
- Preparation of Client monthly reports including but not limited to value of works, forecast of spend, commitments annual budgets, business plans and contract incentive schemes.
- Monitor the on-going financial performance of each job by preparing monthly management accounts, forecasts and budgets and ensure all commercial and financial reporting deadlines are met.
- Support the Projects Team by providing ongoing and regular commercial analysis and information regarding expenditures, commitments, forecasts and the financial performance of the contract.
- Ensure that internal cost reporting for the contract meets with corporate accounting and Commercial department requirements and that ongoing analysis is being made to track recovery against costs and highlight and resolve any associated issues in a timely manner.
- Monitor and provide feedback relative to KPI performance and highlight areas where improvement is necessary to optimize financial return.
- Check accuracy of Third-Party Invoices against subcontract agreements and approve same as compliance checker where required.
- Identify where contract amendments may be required to cover contract changes and provide support in their drafting and submission.
- Ensure all activities across the projects including minor estimates or CTRs are undertaken in line with client approval process and Petrofac DOA prior to commencement.
- Collate/review invoices to ensure they presented to the Client correctly and in a timely manner such that they are paid on the due date.
- Monitor outstanding debtors and ensure that any commercial problems are addressed, and that cash collection is optimized.
- Identify ongoing opportunities for revenue growth and cost minimization such that contract margins are enhanced.
- Ensure Labor and 3rd party reconciliations are done on a monthly/quarterly basis.
- Perform all tasks and prepare all information in accordance with the company’s policies, processes and procedures.
ESSENTIAL QUALIFICATIONS AND SKILLS:
- Degree qualified (preferably in Quality Surveying/Finance/Accountancy or part qualified accountant).
- Advanced Microsoft Word and Excel.
- ERP knowledge.
- Ability to work to close deadlines.
- Work as part of a team.
- Proactive and self-starter.
- Experience with budgeting, re-forecasting, cost-reporting and monthly accounts.
- Ability to work under pressure.
- Oil and Gas experience.
- O&M Experience.
- E&C Experience.
