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Commercial Lead

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Aberdeen, Aberdeen City, United Kingdom Petrofac Full time
Petrofac Commercial Lead Job Description

Petrofac 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.

The Commercial Lead will play a key role in supporting delivery teams in project budgeting and risk management/mitigation associated with contract delivery.

Key Responsibilities:

  • Review and oversight of output and consistency of Client monthly reports across the project.
  • Monitor the on-going financial performance of the assigned project by preparing monthly management accounts, forecasts and budgets.
  • Provide 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.
  • Check accuracy of Third-Party Invoices against subcontract agreements and approve same as compliance checker where required.
  • Ensure that invoicing administrators supporting all contracts deliver consistent, timely and accurate transfer requests, cash calls and invoices.
  • Manage and deliver consistent, accurate and detailed reporting of all elements of P&L reporting including cost accruals, sale accruals, debt, contract recoveries, margin analysis, KPI Performance, budget performance, risks and opportunities.

Essential Qualifications and Skills:

  • Degree qualified (preferably in Finance/Accountancy/Business/Quantity Surveying or part qualified accountant).
  • Advanced Microsoft Word and Excel / ERP knowledge – Oracle preferred. Familiarity with SAP beneficial.
  • Ability to work to close deadlines / Work as part of a team.
  • Proactive and self-starter / Ability to work under pressure and to deadlines.
  • Experienced project accountant on a large international project.
  • Experience with budgeting, re-forecasting, cost-reporting, monthly accounts, and familiarity with withholding tax.
  • Knowledge and experience in interpretation of contractual documentation.

Petrofac is an equal opportunities employer and welcomes applications from all qualified candidates.