McDermott Hiring! Full Time Accountant in Federal Territory - Ricebowl

Job Overview:

The Accountant applies their conceptual knowledge of accounting and with a moderate level of guidance and direction from colleagues and leadership, is responsible for solving a range of straightforward accounting problems. They will be responsible for analyzing possible solutions using standard procedures, as well as building knowledge of the company, processes, and customers. The accountant understands key business drivers and applies this knowledge to solve problems in straightforward situations through analysis of possible solutions using technical experience, judgment, and precedents.

Key Tasks and Responsibilities:

• Preparation and posting the monthly closing entries; viz. fuel reconciliation, drydock amortization, cost reclass entries etc.
• Preparation and posting of monthly accrual entries for marine function
• Verify and prepare the intercompany billing
• Ledger scrutiny for marine vessels and support equipment during month closing for ensuring the accuracy of numbers
• Preparation of marine budget and forecast files
• Preparation of annual standard for marine vessels and equipment
• Proper documentation for Capital expenditures & significant expenditures and getting timely approvals from management, budget control and close-out of the jobs once work is complete
• Verify and circulate weekly outstanding invoice list to SCM team
• Monthly preparation of consolidated marine P&L
• Monthly submission of hedge forecast in the designated portal
• Preparation and submission of documents for vendor payments
• Co-ordination with cash team and AP to process the vendor payments and get the remittance advice

Eseential Qualifications and Education:

• Bachelor’s Degree in Accounting or Finance preferred
• 3-4 years of relevant experience
• Strong technical, team, and communication skills
Ability to multi-task and manage tight reporting schedules

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