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Senior Project Financial Accountant


Location: London (UK)

Type: Permanent

Reference: 11431


Simpson Booth's client, a subsea engineering, construction and services company serving the offshore energy industry, seek a Senior Project Financial Accountant

The Senior Project Financial Accountant is based in Sutton is an exciting opportunity to take on a high visibility role and have sole accounting responsibility for a large long-term construction project. deally, the successful candidate will have experience of Project Accounting in the Oil & Gas, Construction or similar industries.

The individual will be comfortable working under their own initiative, but also be able to respond to tight deadlines and deliverables as and when requested by Management.

Specific Key Responsibilities & Activities

  • Accurate monthly SAP close out and Latest Thinking Forecast (LTF)
  • Project cash flow reporting
  • Project Balance Sheet management - focus on Aged Receivables, Accruals, Unearned and Unbilled accounts
  • Monthly & Quarterly variance analysis on project forecast and actuals
  • Reporting of monthly Backlog, % Completion, Allowances and Contingency
  • Maintenance, and improvement to where required, of Project Finance control environment
  • Ownership of all finance, tax and treasury issues arising from the Project
  • Ensure in-country compliance obligations with regards to WHT,PIT etc are met in a timely manner by working in collaboration with other Business Units/functions
  • Review of statutory entities under Global Project Centre management responsibility to ensure accurate reporting of Project data
  • Liaison with local accountants towards keeping a WHT certificate file including full reconciliation
  • Assist on other Tax matters including Tax filings
  • Other adhoc activities and deliverables as required


  • Operate within the Code of Conduct
  • Operate according to Subsea 7's Management Principles
  • Support standards and procedures for the Finance Function

Person Specification

  • At least CIMA, ACCA Qualified or equivalent
  • Good communication skills
  • Financial and/or Management Accounting experience
  • Strong excel and systems skills
  • Self-starter with a pro-active approach.

Due to the high levels of interest in our advertised vacancies and the number of applications we receive, Simpson Booth regrets that it may not be possible to respond to all submissions. If you have not heard from Simpson Booth regarding your application within 14 days please assume that, in this instance, you have been unsuccessful.