McDermott International, Ltd

Project Accountant

LocationHouston, TX
Job Typefull_time

About This Job


Job Description


Job Overview:

The Project Accountant uses best practices and knowledge of internal or external issues to improve the accounting discipline within McDermott. They will act as integral team member within the Project accounting team that impacts a range of customers, operational, project, or service activities with the accounting team and other related teams and ensures that they work within the appropriate guidelines and policies.


Key Tasks and Responsibilities:

Support in the preparation and distribution of supporting invoice reports and summaries for all reimbursable project cost assisting in timely billings (billable & nonbillable)
Assist in analyzing hours spent on multiple projects, labor corrections, electronic timesheet reconciliation etc. to identify trends, patterns, and discrepancies.
Responsible for the assigned invoicing deliverables and follow up on outstanding receivables from Project Operations functions.
Monitor the proper identification & follow up on claims and back charges.
Prior AP and Invoicing experience a plus.
Interface effectively with management, business associates, peers, end users.
Co-ordinate with Project controls as needed
Prepare and process journal entries as needed.
Provide timely and effectively communicated responses to internal and external inquiries.
Run monthly system reports and review for issues.
Perform ad-hoc assignments on special request as needed.
Home office position. Some domestic business travel may be required.
If required may provide assistance to other Project Accountants with heavy workload if required


Essential Qualifications and Education:

4 Year Accounting Bachelor’s degree
2-5 years relevant accounting experience in a large company environment
Intermediate to Advanced Excel User (VLOOKUP, Pivot Tables, Sumifs etc.)
Strong attention to detail and ability to apply critical thinking for independent problem solving
Practical and flexible attitude with independent judgment
Must be detail-oriented, a team player, and able to effectively work to strict deadlines
Must be computer literate with working knowledge of finance and accounting system
Ability to work in a multi-office, multi-cultural, multi-regulatory project execution environment
Good verbal and written communication skills required
Good social skills and ability to handle conflict situations
Flexibility to Work from Home and Work from Houston Office.
Knowledge of ERP accounting software (JD Edwards or Oracle Cloud software a plus)


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.

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