About this role
Job Purpose
TechnipFMC is a leading technology provider to the traditional and new energies industry, delivering fully integrated projects, products, and services. We are organised in two business segments —Subsea and Surface — within our Surface business, this role looks after projects based in Middle East region.
Job Description
• Independently manage all financial aspects of projects with Project Manager – organise monthly review sessions to control project EAC and identify any financial risks or opportunities.
• Perform project analysis and monitoring (includes understanding and keeping track of cost and ETC - analyse, work with stakeholders and explain variances)
• Responsible for Project month end closing and reporting (including Post accruals & unbilled revenues, run settlements, Perform reconciliations, Execute, Extract and Compile project reporting with explanation for variances, Report backlog, Sales and margin analysis, along with explaining Actual vs Forecast variances, etc)
• Manage forecasting of revenue, margin and invoicing for all projects monthly.
• Review and approve new contract inbounds to ensure accurate budgeted margin.
• Create, maintain and close WBS structures in SAP as required.
• Manage the revenue elimination on the project resulting from project execution mechanism.
• Maintain compliance to company financial standards and participate in external and internal / SOX audit testing.
• Provide detailed variance analysis on the balance sheet movements for the Project on all legal entities involved in the execution process.
• Assist the team and the Finance Manager on any ADHOC request during month, quarter and annual close.
You are meant for this job if:
• Solid accounting knowledge – particularly revenue & margin recognition over time, invoicing, cash flow and working capital.
• 5-year experience in project controlling
• Strong SAP and Microsoft Excel skills are essential.
• Team player with good analytical skills.
• Bachelor’s in finance or equivalent, plus experience with multinational firms.
• Ability to interpret Financial Standards in business context.
• Experience in SAP mandatory.
Skills
Other facts
About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energies industry, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
To learn more about us and how we are enhancing the performance of the world’s energy industry, go to TechnipFMC.com.
What you'll do
- Independently manage all financial aspects of projects, including monthly reviews and financial risk identification. Responsible for project month-end closing, reporting, and maintaining compliance with financial standards.
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