Project Accountant II – Global Geosciences

Project Accountant II – Global Geosciences

Newcastle upon Tyne, UK ● South Shields, UK Req #422

Tuesday, August 27, 2024

Job Title: Project Accountant II – Global Geosciences

Job Summary:
Woocheen LLC is looking for a detail-oriented Project Accountant II to join its Global Geosciences’ accounting team. The Project Accountant will work closely with project managers to ensure clients are billed accurately and in a timely manner, all costs associated with projects are posted accurately and maintain the projects module within the accounting system.

The Project Accountant will play a significant role in developing accounting processes for Seas Geosciences, LLC, our newest start-up, and DME Systems Ltd, our latest acquisition. Other UK companies may be folded into the accountant’s area of responsibility over time. The offshore industry is fast-paced and ever-changing, demanding creativity, patience, strong financial analysis and organizational skills. The Project Accountant must be a self-starter, able to set goals and objectives with little direction in a fast-paced and changing environment.

Duties/Responsibilities:

1. Maintain the accounting system’s projects module, to include setting up new projects, establishing budgets and keeping track of active project codes.
2. Responsible for ensuring the operations team is posting time and materials to the accounting system timely and accurately.
3. Responsible for tracking PSA Contracts, ensuring our contractors are paid accurately and utilized efficiently.
4. Manage the accounts receivable process to include drafting invoices, obtaining project manager approval and sending to customers.
5. Maintain project WIP schedule.
6. Assist the business development team with bids and proposals by establishing project budgets.
7. Hold regularly scheduled project review meetings with Project Managers reviewing the project P&L, promoting project efficiency and managing potential project overruns.
8. Track and report the cash flow generation of the project.
9. Assist Finance Manager with month-end and year-end closing processes.
10. Assist in internal and external audits, providing necessary documentation and support.
11. Perform other accounting tasks as needed.

Education and Experience:

• REQUIRED: Bachelor’s degree or equivalent in Finance or Accounting.
• Five years of experience working in a similar role.
• Experience with foreign currency and international operations.
• Experience developing an hourly rate of in-house equipment used in projects and making sure it's properly costed on projects.
• Experience in marine construction or offshore geotechnical industry.

Required Skills/Abilities:

1. Advanced Microsoft Office skills.
2. Comprehensive knowledge of US/UK GAAP.
3. Familiarity with Dynamics 365 and related tools preferred.
4. Ability to work independently, multi-task and handle competing priorities.
5. Strong attention to detail and strong organizational skills.
6. Ability to meet stringent deadlines and provide reports on a timely basis.
7. Clear and effective written and verbal communication and strong interpersonal skills.
8. Special attention to those who are self-motivated with a sense of urgency, have a hands-on mentality, and approach work with a ‘no job is too small’ attitude.

Pay range is $50-60 GBP salary, based on experience level.

Working Conditions:
The physical and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:
While performing the duties of this job, the employee is required to walk, use hands to finger, handle objects, tools, or controls; reach with hands and arms; balance; stoop; bending or crouching; talk or hear. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
• Some lifting of files, opening cabinets
• Bending or standing as necessary
• Prolonged periods sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times.

Work Environment:
Ideally this position is based in the South Shields/Newcastle area of the UK. Depending upon the location of the successful candidate, the position may be an in-office, hybrid or remote role.

This description is not intended to be, nor should it be construed as an all-inclusive list of responsibilities, skills or working conditions associated with the position. It is intended to accurately reflect the activities and requirements of the position, but duties may be added, deleted, or modified, as necessary. This description does not constitute a written or implied contract of employment.