Principal Project Accounting Adm

Reposted Yesterday
Be an Early Applicant
Chennai, Tamil Nadu, IND
In-Office
Mid level
Energy
The Role
Manage project contracts, client records, timesheet billing, invoicing, unbilled hours and WIP aging. Post invoices, record payments, resolve billing discrepancies, prepare internal reports, and review timesheets to support payroll and project budget tracking.
Summary Generated by Built In

Job Overview:

The Principal Project Accounting Adm provides solutions to problems that may be atypical or infrequently occurring based on practice and existing precedents or procedures. The work of the Principal Project Accounting Adm directly impacts the quality of the team’s work. They can communicate technical Project Accounting information to the team and suggest improvements to existing processes.

Responsibilities

Key Tasks and Responsibilities:

  • Organize, track, and monitor Project Contracts  
  • Record new clients into the accounting system and ensure that submitted information is accurate and in compliance with vendor contracts
  • Track timesheet hourly billing and prepare monthly invoices
  • Track unbilled hours and project available budget
  • Review of aging work in progress weekly
  • Post invoices and record payments in the accounting system
  • Contact clients whose accounts are late on payments and resolve any billing discrepancies
  • File contracts in appropriate folders via the network
  • Prepare various reports for internal management
  • Review completed weekly timesheets for accuracy and assist as needed with the with the preparation of weekly payroll 
Qualifications

Essential Qualifications and Education:

  • 3-5 years of experience
  • Bachelor's degree nice to have
  • Billing and accounting experience a plus
  • Ability to work independently on assigned tasks and to accept direction on given assignments
  • Excellent communication (written and oral) and interpersonal skills
  • Committed to client services and a team-based approach
  • Dependable and flexible
  • Proficiency in Microsoft Office Suite with advanced Excel skills
  • Self-motivated and willing to work as a team in a fast-paced environment
  • Understanding of working environment of ERP systems 

#LI-PM1

About Us
Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.
For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

Skills Required

  • 3-5 years of experience
  • Bachelor's degree
  • Billing and accounting experience
  • Ability to work independently and accept direction
  • Excellent written and oral communication and interpersonal skills
  • Client-service orientation and team-based approach
  • Dependable and flexible
  • Proficiency in Microsoft Office Suite with advanced Excel skills
  • Self-motivated and able to work in a fast-paced team environment
  • Understanding of ERP system working environments
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The Company
HQ: Houston, TX
26,626 Employees

What We Do

McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

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