Lead Project Accountant

Requisition ID
2022-117085
Work Location
BN-
Department / Discipline
Finance Operations
Position Type
Fixed Term

Overview / Responsibilities

Wood is looking for an experienced Lead Project Accountant to join our team in Brunei.

 

The role carries profit and loss and working capital responsibility, and in certain cases, will also involve further balance sheet responsibilities for the applicable business. The other main aspects of the role include governance, financial control, internal and external reporting, financial forecasting and cash collection. The role will include responsibility for a team, and therefore team management and development will be essential elements. This role has responsibility for ensuring that all Group requirements are adhered to and that any financial risks are understood and mitigated as appropriate.

 

  • Full responsibility for all financial matters of contract including accurate and timely completion of monthly reporting, optimising financial performance
  • Report business / country financial performance to senior management including variance analysis, accounts receivables, DSO, accruals and unbilled analysis
  • Ownership for annual budget, forecasts and rolling forecasts in conjunction with senior
    management, including validation / challenge over backlog, inputs from BD and operations
  • Ensure forecasting accuracy and predictability through the rolling forecast v monthly actual result process
  • Ownership of monthly customer billing to ensure invoices are prepared in accordance with the commercial terms of the contract
  • Responsible for driving sustainable working capital improvements and/or maintaining performance working with operational management, project managers, supply chain and other relevant areas to optimise cash collection and minimise DSO and TTB, including customer relationships and reporting
  • Management of business / country / service line finance team including recruitment, staff development, performance management and the setting of objectives
  • Assisting during client audits and dispute management
  • Engagement with commercial teams on the pre award phase in terms of bids, rates, and relevant analysis and a key contact and team participant for such, including input to financial terms contained in contracts and bids where appropriate
  • Engagement with commercial teams on post contract award phase in terms of margin analysis looking for opportunities to drive improvements and commercial efficiencies, and attending key project reviews to ensure that reported financials are appropriate
  • Engagement with internal auditors to successfully complete relevant audits
  • Ensure that an effective control environment exists through compliance with all Group control frameworks, policies and procedures as relevant
  • Responsibility for relevant project accounting, including monthly reviews, analysis and project set up, accounting judgements and provisioning while working with relevant functions such as Commercial, Legal and Tax
  • Work with Operations and serve as a conduit between the business and Legal, Tax and Treasury, IT, Shared Services and Supply Chain
  • Any ad-hoc duties assigned by the superior from time to time

Skills / Qualifications

 

Priority will be given to local Brunei nationality or Permanent Resident of Brunei.

 

Qualifications

  • Qualified accountant or working towards a qualification

Knowledge, skills, and experience:        

  • Minimum of 8 years relevant accounting experience
  • Commercial experience with good understanding of cost models
  • Previous experience of managing and developing teams
  • Track record in people management
  • Good IT / Systems knowledge
  • Experience of business partnering                                                                

Personal Attributes                               

  • Ability to form and maintain strong working relationships
  • Strong people skills and ability to develop team
  • Deadline driven

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. www.woodplc.com

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.

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