Project Accountant

CB&I® is the world’s leading designer and builder of storage facilities, tanks and terminals. With more than 60,000 structures completed throughout our 135+ year history, we have the global expertise and strategically-located operations to provide customers world-class storage solutions for even the most complex energy infrastructure projects.

Overview

Project Accountant is a specialist professional, responsible for general accounting functions including preparing journal entries, maintaining balance sheet schedules and ledgers, and account and bank reconciliations in accordance with GAAP and company policy. Assists with monthly close, account analysis and supports the Accounting Lead in carrying out the responsibilities of the close process.

The role is an individual contributor position reporting to the Regional Accounting Lead and routinely interacts with the regional operations and in country finance teams.

Responsibilities

• Maintain Intercompany work agreements as required, including Intercompany invoicing
• Preparation of relevant monthly accrual Journals and loading into the accounting system.
• Prepare assigned journal entries (prepaid amortizations, cash postings, benefits, rent, leases, intercompany billing, etc.)
• Monthly GL reconciliation & closure - General Ledger reconciliations required every month before cutoff not limited to AR accounts (monthly reporting rhythm for AR metrics). Provide explanation for material variances
• Bank Account Reconciliations
• Review/post Intercompany A/P & A/R
• Balance intercompany accounts
• Liaise with local banks for funds transfer etc.
• Assist with Quarterly Schedules & reports
• Assist with Monthly Financials Statements
• Assist in Annual Business Planning process
• Assist with Ad-Hoc & Variance Analysis Reporting
• Adhere to deadlines established in the Financial Reporting Calendar and Corporate-specific deadlines.
• Help with other analytics or accounting/finance projects as directed by the management.

Qualifications

• Inter CA / Equivalent
• Bachelor’s Degree in Accounting or compensated experience in an established accounting function
• Minimum of 3 years of in-depth experience in general / project accounting
• ERP accounting software experience (MS office, JD Edwards/SAP or Oracle Cloud experience a plus)
• Possess strong computer & analytical skills; intermediate Excel.
• Presentation skills (intermediate PowerPoint user)

Skills and Behaviors

• Understanding of project accounting / Percentage Of Completion
• Ensure Inter Company Work Agreements are prepared and are in place
• Project Petty Cash verification
• Review all purchase and sales invoices
• Contract Costs Accruals (Materials/ Subcontracts/ etc.)
• Maintaining and reviewing open commitments.
• Forecasting of Revenue and Project Working Capital
• Cashflows calculations
• Coordination with Site / Consultants / Other Stakeholders
• Other ad hoc assignments as necessary by the line manager.
• Experience in the Energy & Construction Industry is preferred (not mandatory)
• Proactively identifies and solves the complex problems
• Strong analytical and problem-solving skills
• Mentally agile and ability to multi-task and manage tight deadlines
• Adaptability and agility to learn and contribute in varying and complex environments
• A mature business and technical acumen coupled with a drive to achieve results
• Exceptional communication and presentation skill, both written and verbal
• Ability to work and build credibility across the business
• Proactively embraces and promotes the company’s values and culture, including diversity & inclusion and a healthy and safe work environment.