At Subsea 7, we take pride in being recognised globally as a leader across the Energy Industry. For 5 decades our people have delivered over 1000 projects in all water depths across our energy hubs and we continue to do so, adapting and evolving in an ever-changing world. We are committed to creating a diverse workforce and we look to offer excellent career opportunities as well as providing wide range benefits.
Our success and sustainability are only made possible by continuing to develop our assets and technology through innovation and collaboration, and importantly through the development and diversity of our people who every day ‘Make Incredible things Happen’ at Subsea 7.
Subsea 7 are committed to creating a diverse workforce and we look to offer excellent career opportunities as you develop your skills and aspirations.
Along with a wide range of benefits and a flexible working environment, employees can further enhance their work-life balance through our Remote Working Policy.
We have an opening in the UKGIRM Finance Team for a Trainee Project Accountant located in Westhill, East Campus. The role of Trainee Project Accountant is a necessary stepping stone to becoming a Project Accountant, ideally suited to a candidate with an Accounting & Finance degree or similar higher qualification who wishes to study towards professional qualification in a supportive environment.
The role develops the Trainee in the necessary competencies and skills required to take on the full responsibility of a Project Accountant. By the end of the traineeship the Trainee will aspire to level of Project Accountant and augmented by their ongoing studies, have developed a set of transferrable skills suited to all areas of the wider Finance function within Subsea 7.
Main Duties & Responsibilities
- Take personal responsibility for self-development by working towards and demonstrating full knowledge and understanding of the various competencies set out in the Trainee competency matrix.
- Assisting the Senior Project Accountant in all aspects of cost control of assigned projects including forecasting and commitment tracking of man hours, procurement activities and vessel operations.
- Assist in providing project managers with advice and support in financially managing their projects
- Assist in the month end process by ensuring that SAP accurately reflects project costs and revenues to date, including any accruals or prepayments
- Assist the Senior Project Accountant in the preparation of monthly financial forecasts for their projects
- Assist the Senior Project Accountant in the preparation of a monthly financial sensitivity analysis for their projects
- Analyse variances from as-bid financials by building a detailed monthly analysis of variances from prior forecast
- Prepare month end project reports and review with assist the Senior Project Accountant and Project Manager
- Attend project / client meetings and provide relevant financial input and reports as required
- Prepare and issue all project invoices
- Assist the Senior Project Accountant prepare project cash flows in support of the Group's Treasury requirements for cash flow forecasting
- Develop effective interfaces with the Projects and contribute to improvement programs; make recommendations to improve/enhance existing processes
- Any other duties as required
Qualification & Education
- It is essential that candidates should be educated to higher level (degree or equivalent) in Finance or a business related subject
- It is desired that candidates are committed to continuing their studies towards professional accounting qualification
Skills
- It is essential that candidates are competent in the use of Excel
- It is essential that candidates can communicate effectively and articulately at all levels and can demonstrate good analytical skills and effective forward planning
Subsea 7 are committed to creating a diverse workforce and we look to offer excellent career opportunities as you develop your skills and aspirations. Along with a wide range of benefits and a flexible working environment, employees can further enhance their work-life balance through our Remote Working Policy.