Project Accountant

4 weeks ago


Aberdeen, United Kingdom First Recruitment Group Full time

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Aberdeen – Hybrid working of 3 days per week in the office and 2 days per week working from home

Oil & Gas sector

A Project Accountant is required to work on a permanent staff basis for a large Oil & Gas company based in Aberdeen.

The successful candidate will have the opportunity to work on a hybrid working set up of 3 days per week in the office and 2 days per week working from home.

KEY RESPONSIBILITIES:

  • As the Project Accountant, you will be responsible for the 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.
  • As the Project Accountant, you will 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.
  • As the Project Accountant, you will 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.
  • As the Project Accountant, you will ensure all activities across the projects including minor estimates or CTRs are undertaken in line with client approval process
  • 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.
  • As the Project Accountant, you will 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.
  • As the Project Accountant, you will 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.

Who we are

First Recruitment Group are committed to finding the right candidates for our clients, and the right companies for our candidates to work for. We’re passionate about putting people first, and take pride in being able to offer an all-round service for candidates and clients with our payroll solution, MyPay+ and workforce management solution, Operam.

As part of putting people first, we strive to be an equal opportunities employer and we are always looking to increase the diversity of our workforce, working closely with our clients to ensure everyone is included.

Sector: Commercial, Admin & Office Support

"The First team are highly experienced and knowledgeable across the recruitment spectrum and operate in the manner you would expect of a professional outfit of their stature. Their attention to detail and approach is faultless and their commitment and drive has helped our business with unique, complex and difficult recruitment requirements.

"Sarah, our Account Manager, is an incisive thinker as well as hardworking, diligent and reliable and has an extremely helpful and flexible approach to her work. This reflects in her team and with their ability to communicate at all levels in an honest and trusted consultative manner and gives us great faith in their ability to identify candidates who can help us to drive forward and achieve our business goals.

"I have no hesitation in recommending First as a recruitment partner and feel they would be worthy of selection for any engineering or manufacturing business looking for an intelligent and innovative solution."

Nuvia

“There is nothing negative about the service that we’ve received from First. Without fail they have produced positive feedback. The fact that they have placed a diverse range of skills from PA's to Engineers, just goes to show that they have the core skills, intelligence, and initiative that make them great recruiters, and preferred partners.”

Multi-Sector Client

"It’s great to work with a recruitment agency we trust. The team at First Recruitment Group are friendly and straight talking and they continue to provide an excellent service. We’re proud to still be working with them after 20 years."

“We have required anumber of Quality Assurance/Quality Control candidates within the NuclearIndustry. Since early 2016 First Recruitment Group have provided a number ofQA/QC professionals in locations across the UK.

“We have been verypleased with both the quality of supply and the customer service demonstratedand will continue to use their professional services in the future.”

“I have worked with First Recruitment Group as my partner ofchoice across a number of large and challenging Oil & Gas projectsinternationally over recent years.

“First are a high performing business who are built oncredibility, honesty, expertise.

“As we push the frontiers of projects and move in to moreand more challenging and locations, First will continue to be my partner ofchoice to help us deliver our projects with confidence.”

TechnipFMC

"I have had the pleasure of working with First Recruitment Group over recent years and we have formed a great working relationship. Their understanding of our exacting requirements is outstanding.

"The First team are highly experienced and knowledgeable across the recruitment spectrum and operate in the manner you would expect of a professional outfit of their stature. Their attention to detail and approach is faultless and their commitment and drive has helped our business with unique, complex and difficult recruitment requirements.

"Sarah, our Account Manager, is an incisive thinker as well as hardworking, diligent and reliable and has an extremely helpful and flexible approach to her work. This reflects in her team and with their ability to communicate at all levels in an honest and trusted consultative manner and gives us great faith in their ability to identify candidates who can help us to drive forward and achieve our business goals.

"I have no hesitation in recommending First as a recruitment partner and feel they would be worthy of selection for any engineering or manufacturing business looking for an intelligent and innovative solution."

Nuvia

“There is nothing negative about the service that we’ve received from First. Without fail they have produced positive feedback. The fact that they have placed a diverse range of skills from PA's to Engineers, just goes to show that they have the core skills, intelligence, and initiative that make them great recruiters, and preferred partners.”

Multi-Sector Client

"It’s great to work with a recruitment agency we trust. The team at First Recruitment Group are friendly and straight talking and they continue to provide an excellent service. We’re proud to still be working with them after 20 years."

“We have required anumber of Quality Assurance/Quality Control candidates within the NuclearIndustry. Since early 2016 First Recruitment Group have provided a number ofQA/QC professionals in locations across the UK.

“We have been verypleased with both the quality of supply and the customer service demonstratedand will continue to use their professional services in the future.”

“I have worked with First Recruitment Group as my partner ofchoice across a number of large and challenging Oil & Gas projectsinternationally over recent years.

“First are a high performing business who are built oncredibility, honesty, expertise.

“As we push the frontiers of projects and move in to moreand more challenging and locations, First will continue to be my partner ofchoice to help us deliver our projects with confidence.”

TechnipFMC

"I have had the pleasure of working with First Recruitment Group over recent years and we have formed a great working relationship. Their understanding of our exacting requirements is outstanding.

"The First team are highly experienced and knowledgeable across the recruitment spectrum and operate in the manner you would expect of a professional outfit of their stature. Their attention to detail and approach is faultless and their commitment and drive has helped our business with unique, complex and difficult recruitment requirements.

"Sarah, our Account Manager, is an incisive thinker as well as hardworking, diligent and reliable and has an extremely helpful and flexible approach to her work. This reflects in her team and with their ability to communicate at all levels in an honest and trusted consultative manner and gives us great faith in their ability to identify candidates who can help us to drive forward and achieve our business goals.

"I have no hesitation in recommending First as a recruitment partner and feel they would be worthy of selection for any engineering or manufacturing business looking for an intelligent and innovative solution."

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