Principal Accountant

Job Description:

Job Overview:

The Principal Accountant is responsible for interpreting internal or external business issues and recommending best practices. They will be tasked with solving complex invoicing-related problems and will work independently with minimal guidance. The Principal Accountant may be responsible for leading Projects and is regarded as a specialist in the area of cash flows and invoicing. As such, they must have in-depth expertise in this area as well as broad knowledge of the accounting discipline within the finance function.

Base Salary Range: $120,862.93–$137,430.75 (The range provided is for base salary only. In addition, McDermott offers a competitive total rewards package.)

Key Tasks and Responsibilities:

- Monitor and lead the month-end close process for Cash/Invoice-related items, including communication with stakeholders, preparing status and dashboards, and reporting.

- Establish and monitor various Invoicing and cash flow reports for external and internal users.

- Lead analysis and establish a process for continuous monitoring.

- On an as-needed basis, lead the team to document existing processes and Standard Operating Procedures in Accounts.

- Maintain the balance sheet reconciliation policy, risk ranking, and quality; educate team members.

- Establish and monitor KPIs for the Billing function.

- Maintain evidence of controls performed and assist in the SOX testing and quarterly and year-end audit process by both internal and external auditors.

- Coordinate internal and external training of the Accounting Team on relevant topics.

Qualifications for Internal Candidates

Essential Qualifications and Education:

- Bachelor’s Degree in Accounting or Finance required, CPA preferred.

- Five-six (5-6) years of relevant experience.

- Intermediate to advanced excel skills preferred.

- Good communication skills.

- Enjoy working in a changing and flexible environment.

- Good problem-solving skills

About Us

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.