Project Accountant - VR/29150

Status: Permanent
Location: Aberdeen
Rate: Available Upon Request

Project Accountant required for a global oil and gas service company based in the city centre. This role involves providing support to project teams ensuring client and internal analysis and reporting. This is a permanent role with hybrid working along with a competitive salary and benefits package.


Reporting to the Project Services Manager, your role will involve:

  • Preparing client monthly reports including but not limited to value of works, forecast of spend, commitments annual budgets; business plans and contract incentive schemes.
  • Monitoring 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.
  • Supporting the Projects Team by providing ongoing and regular commercial analysis and information regarding expenditures, commitments, forecasts and the financial performance of the contract.
  • Ensuring 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.
  • Monitoring and providing feedback relative to KPI performance and highlighting areas where improvement is necessary to optimise financial return.
  • Checking accuracy of third party invoices against subcontract agreements and approving same as compliance checker where required.
  • Identifying where contract amendments may be required to cover contract changes and providing support in their drafting and submission.
  • Ensuring all activities across the projects including minor estimates or CTRs are undertaken in line with client approval process and DOA prior to commencement.
  • Collating/reviewing invoices to ensure they presented to the client correctly and in a timely manner such that they are paid on the due date.
  • Monitoring outstanding debtors and ensure that any commercial problems are addressed, and that cash collection is optimised.
  • Identifying ongoing opportunities for revenue growth and cost minimisation such that contract margins are enhanced.
  • Ensuring labour and third party reconciliations are done on a monthly/quarterly basis.


TMM Recruitment INDFIN

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