Key Tasks and Responsibilities:
- Monitor Project Cost & Revenues and prepare Monthly Project Financial POC.
- Prepare and Maintains Project Cash Flows forecast and analyze variances for actuals vs. forecast
- Ensures booking of revenue into MDR backlog conforms to MDR policies and procedures.
- Monitor billable and non-billable cost. Ensures proper and timely billings.
- Preparation of necessary Project Reports either on weekly or monthly or quarterly basis as deemed appropriate or required.
- Co-ordinate with the Tax Dept for the tax related issues.
- Co-ordinate with Project controls for WBS and issuance of Chart of Accounts.
- Liaison on all financial matters related to the Projects.
- To assist Project Controls in preparing the monthly and quarterly review packages or any other Project Reports as and when required.
- To keep track of changes in budgets, change orders, trends, commitments etc.
- Develop the Project Invoicing Procedure for the prime contract. Review all customer invoices for the project.
- Monitor the status of all financial instruments including all relevant information necessary for issue, maintenance and cancellation.
- Co-ordinate insurance coverage so that they are in place in accordance with the prime contract.
- Participate in the preparation of Project Risk & Opportunities.
- Assist in the preparation of all financial correspondence for the Project Director and/or Project Manager.
- Prepare the financial part of the Project Close-out Report.
- Provide timely true and fair view of project financials.
- Provide financial and administrative support.
- Provide support to the auditors to carry out Project Audit.
- Assist in training junior team members on various subjects.
Essential Qualifications and Education:
- Qualified CA / ICWA or CA (inter) / ICWA (inter) / MBA (Fin), preferably having experience from oil and gas / infrastructure industries.
- Good in communication and presentation skills
- Go-getter / Self-starter
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
Primary Location
: QA-DA-DohaOther Locations
: QatarJob
: Finance & AccountingEmployee Status
: Direct / RegularSchedule
: Full-timeTravel
: NoJob Posting
: Aug 29, 2022, 6:28:34 PM▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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