Sr. Project Accounting Analyst
3 weeks ago
Responsible for tracking progress on drilling equipment package projectsReview new project cost estimates for reasonablenessAnalyze cost incurred, as reported by intercompany partners, on a monthly basisAnalyze product cost and adjust cost budgets on a monthly basisCoordinate with general accounting/accounts payable to ensure proper processing of project related costsReconcile project costs to budgets and discuss differences with project management on a monthly basisPrepare revenue cut off testing as part of SOX complianceCoordinate with project management to gather required documentation for revenue recognitionPrepare standard journal entries associated with the monthly closing of the general ledgerReconcile project related work-in-process and BIX/CIX accounts monthly and resolve aged and reconciling itemsAnalyze balance sheet position of individual projects on a monthly basis to ensure milestone billing is accuratePerform month end close activities for POC/COC/Standard OrdersJOB DESCRIPTION
Responsibilities:
Responsible for tracking progress on drilling equipment package projectsReview new project cost estimates for reasonablenessAnalyze cost incurred, as reported by intercompany partners, on a monthly basisAnalyze product cost and adjust cost budgets on a monthly basisCoordinate with general accounting/accounts payable to ensure proper processing of project related costsReconcile project costs to budgets and discuss differences with project management on a monthly basisPrepare revenue cut off testing as part of SOX complianceCoordinate with project management to gather required documentation for revenue recognitionPrepare standard journal entries associated with the monthly closing of the general ledgerReconcile project related work-in-process and BIX/CIX accounts monthly and resolve aged and reconciling itemsAnalyze balance sheet position of individual projects on a monthly basis to ensure milestone billing is accuratePerform month end close activities for POC/COC/Standard OrdersQualifications:
A Bachelor's degree in Accounting or Finance is required plus a minimum of 2 years of relevant experience; Master's degree a plus.Strong communication and analytical skillsAnalytical and with excellent numerical abilityFluent written and spoken EnglishDesired:
CPA, CA, CMA or EquivalentExperience with Oracle EBS or equivalent ERP systemRevenue Accounting and/or Auditing experience2-4 years of relevant experienceKeen interest in and experience from the energy sector and working experience in a multi-national/global environment
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