Senior Accountant

Wood is recruiting for a Senior Accountant to join its UAE Business Unit focusing on ensuring all accounting entries within the individual’s area of control (i.e. project, contract, service line) are recorded in an accurate and timely manner for a Major Onshore Brownfield Project in Dubai, UAE.

This role is a full-time office-based role in Dubai, UAE.

Remarkable people, trusted by clients to design and advance the world.

Wood is recruiting for a Senior Accountant to join its UAE Business Unit focusing on ensuring all accounting entries within the individual’s area of control (i.e. project, contract, service line) are recorded in an accurate and timely manner for a Major Onshore Brownfield Project in Dubai, UAE.

This role is a full-time office-based role in Dubai, UAE.

#Wood #UAE #Dubai #Engineering

The role

This is an exciting opportunity for an experienced Senior Accountant to join our UAE Business Unit.

Our Clients and Projects

Designing the future. Transforming the world.

Wood is an integral part of operations in Iraq, and we are continuing to grow our footprint across the country. With a 90-year heritage, 10 major contracts and over 850 employees, we have the skills, expertise and asset knowledge to support clients to deliver energy security and decarbonisation ambitions.

Wood excels in supporting our clients to deliver complex upstream and midstream oil and gas projects in Iraq delivering maintenance, modifications and engineering solutions. We are committed to decarbonising existing assets, producing cleaner energy and developing a sustainable national workforce, ensuring the long-term growth of the region.

What we can offer

• Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq
• Commitment to Diversity and Inclusion ; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests
• Global connections : join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment.
• Group Life and Personal Accident Insurance: The company provides Life Assurance cover
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5-year service milestones
  

Key Objectives

To ensure all accounting entries within the individual’s area of control (i.e. project, contract, service line) are recorded in an accurate and timely manner. This involves the provision of timely reporting of financial data internally to business stakeholders and externally to the client. Furthermore, financial reporting will extend to forecasts, budgets and a “no surprises” outlook, together with ad-hoc financial analysis & business partnering. This may require the management of a small team of accountants and this role is appropriate for larger, more significant projects, contracts or service lines.

Key Accountabilities and Responsibilities:

• Management of all accounting entries to ensure they are prepared accurately and in line with corporate deadlines.
• Management of invoices to ensure they are prepared in a timely manner and in accordance with the commercial terms of the contract.
• Ensure results are accurately reported and analyzed.
• Effective management of the accounting team
• Calculation of billing and cost rates, and analysis of margins to manage profitability.
• Preparation and management of annual plan and quarterly reforecast in conjunction with Business Management and Finance team.
• Responsibility for compliance with financial management Framework within the individual’s sphere of control
• Focus on cash collection, optimization of DSO and minimization of unbilled items together with ensuring these balance sheet areas are appropriately reconciled, analyzed and controlled.
• Liaising with external, internal and client auditors
• Linkage with business manager and contracts administrator regarding any contractual aspects
Execution of various ad hoc financial analysis and tasks as and when required.

Working Relationships:

Internal: Project / Contract / Service Line team, Finance team, Commercial, Supply Chain, Internal Auditors

External: External Auditors, client team

Level of Influence and Decision-Making Authority:

• Limited decision-making responsibilities around financials
• Some influence around members of the team

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

Expected:

• Further education through College or University with a recognized accounting qualification
Preferably Qualified CIMA / ACCA / CPA or equivalent

Knowledge, skills and experience:

• 3-4 years project accounting experience [Total experience: 5-7 year]
• Experience in budgeting & forecasting
• Big 4 Experience (Preferable)
• Proficient user of Excel & PPT (Power BI is a plus)
• Financial modeling
• People supervision and management skills
• Good commercial knowledge
Good systems experience (e.g. Oracle Cloud)

Personal attributes:

• Business Partnering: Ability to form and maintain strong working relationships.
• Shows willingness to make improvements and shares best practice.
• Good communication skills both verbal and written.
• Ability to discuss issues clearly and concisely at all levels within the organization.
• Ability to coach and mentor team members