Finance Project Accountant - AMEC

About the role

EnerMech, a specialist service company delivering integrated solutions for complex energy projects, is hiring a Finance Project Accountant for its AMEC business unit in Abu Dhabi. The role sits in the Finance department and is responsible for the financial control of assigned projects, working closely with the Project Manager to protect and improve the project's gross profit forecast and working capital.

Key responsibilities

• Control project working capital (Accrued Income, Receivables, WIP, GRNI, Payables) and the As Mobilised forecast gross profit and cash curve
• Before mobilization: clarify contractual terms, budget splits between internal and external labour, equipment ownership, logistics and consumables, and set up the revenue and cost budget in Navision with the approved WBS
• Set up job codes in Navision, load the As Mobilised forecast into Mercury and BFT, and reconcile them with the approved budget baseline
• Track commitments, accruals, contingencies, provisions and management reserves; monitor customer purchase orders and implement cost control measures
• Take part in project reviews, explain variances to management and support the Business Line with profitability reporting and consolidation
• During monthly close: reverse accruals, check timesheets and contractor invoices, approve accruals, and record revenue in line with FRS 15 and contract milestones
• Prepare project KPIs, run GP reviews with Project and Operations Managers, assess change orders and support the Financial Controller with balance sheet reconciliation and audit coordination

Required profile

• Secondary education; higher qualifications preferred
• CA/CIMA equivalent
• Previous experience in a business partnering role in a medium-sized business
• Wider knowledge of the daily operations of an accounting team
• Experience as an experienced accountant with 3-5 years in a project environment and with long-term contracts
• Fluent communication and relationship management with Project Managers, Operations, Procurement and SSC team leads

Required skills

• Integrated ERP business management systems
• Microsoft Excel
• FRS 15 revenue recognition