Sr. Accountant

Dubai, United Arab Emirates

Job Description

Job Overview: CB&I® is the most experienced and the only worldwide builder and designer of industrial storage products and facilities. Headquartered in the Houston, Texas, CB&I has the global expertise and strategically located operations to provide engineering, procurement and construction solutions for our customers' most complex energy projects. The Sr. Accountant is responsible for providing accurate, proactive and timely invoicing, cash collection, reporting and forecast. This role is the custodian of cash collection (including billing and forecasting), chasing up for payment and monitoring, and maintenance of bank accounts of the regional business unit (with the help of corporate treasury). This role is also responsible for maintaining, forecasting and timely monitoring of financial assurance (Letter of Credit and Surety Bonds) of the business. This position is an individual contributor role. The role directly reports to the regional finance lead and routinely interacts with regional operations and business development teams.

Key Tasks and Responsibilities: · Prepare and Maintain Intercompany work agreements as required, including Intercompany invoicing · Assist in monthly and quarterly financial reporting preparation, business plan & financial forecast · Preparation of relevant monthly accrual journals and loading into the accounting system. · Prepare assigned journal entries (prepaid amortizations, cash postings, benefits, rent, leases, intercompany billing, etc.), including Topside entries as required and maintain adequate supporting documentation · Monthly GL reconciliation & closure - General Ledger reconciliations required every month before cutoff not limited to AR accounts (monthly reporting rhythm for AR metrics). Provide explanation for material variances · Supervise the Preparation and Filing of monthly or quarterly VAT return/WHT returns. · Liaise with local statutory auditor and tax advisors. · Liaise with various government agencies as required. · Liaise with local banks for funds transfer etc. · Filing duly approved SEC compliance filings. · Adhere to deadlines established in the Financial Reporting Calendar and Corporate-specific deadlines. · Help with other analytics or accounting/finance projects as directed by the management

Essential Qualifications and Education: · Bachelor's (4 year) degree in accounting or equivalent · Proficient in MS Excel, PowerPoint, and Acrobat writer · Minimum of 5 years of in-depth experience in general accounting and auditing. · Strong understanding of local & project accounting requirements and tax laws · ERP accounting software experience (MS office, JD Edwards/SAP or Oracle Cloud experience a plus) · Experience with consolidation software is a plus (Hyperion Financial Management and Hyperion Financial Planning) · Collection and invoicing experience Experience in the Energy & Construction Industry a plus

Company Overview and Core Values:

McDermott is a premier, fully-integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions--from the wellhead to the storage tank--to transport and transform oil and gas into the products the world needs today.

At McDermott, we hold all employees accountable to follow our 5 core values. Integrity - we maintain a firm adherence to legal and ethical conduct One Team - we are one company, where everyone is equally important Go Beyond - we seek courageous and creative solutions Well-Being - we promote all forms of well-being Commitment - we are reliable and dependable in delivering quality solutions

Schedule: Full-time

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Job Detail

  • Job Id
    JD1608918
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned