Sr Accountant at CB&I - Australia

The Woodlands, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Feb, 26

Salary

0.0

Posted On

09 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Invoicing, Cash Collection, Financial Reporting, General Ledger Reconciliation, VAT Returns, Intercompany Invoicing, Cash Forecasting, Financial Assurance, ERP Software, Analytical Skills, Problem-Solving, Communication Skills, Negotiation Skills, Project Management, Team Collaboration

Industry

Oil and Gas

Description

Company Overview CB&I® is the world’s leading designer and builder of storage facilities, tanks and terminals. With more than 60,000 structures completed throughout our 135+ year history, we have the global expertise and strategically-located operations to provide customers world-class storage solutions for even the most complex energy infrastructure projects. Overview The Sr. Accountant is responsible for providing accurate, proactive and timely invoicing, cash collection, reporting and forecast. This role is the custodian of cash collection (including billing and forecasting), chasing up for payment and monitoring, and maintenance of bank accounts of the regional business unit (with the help of corporate treasury). This role is also responsible for maintaining, forecasting and timely monitoring of financial assurance (Letter of Credit and Surety Bonds) of the business. This position is an individual contributor role. The role directly reports to the regional finance lead and routinely interacts with regional operations and business development teams. Responsibilities Prepare invoice(s); Lumpsum and T&M as requested Set up Invoice excel templates for new contract awards Standard Lump Sum, Unit of Measure, Regularly communicating with customer to facilitate payment collection and resolve any discrepancies Prepare and Maintain Intercompany work agreements as required, including Intercompany invoicing Assist in monthly and quarterly financial reporting preparation, business plan & financial forecast Preparation of relevant monthly accrual journals and loading into the accounting system. Prepare assigned journal entries (prepaid amortizations, cash postings, benefits, rent, leases, intercompany billing, etc.), including Topside entries as required and maintain adequate supporting documentation Monthly GL reconciliation & closure - General Ledger reconciliations required every month before cutoff not limited to AR accounts (monthly reporting rhythm for AR metrics). Provide explanation for material variances Supervise the Preparation and Filing of monthly or quarterly VAT return/WHT returns. Liaise with local statutory auditor and tax advisors. Liaise with various government agencies as required. Liaise with local banks for funds transfer etc. Filing duly approved SEC compliance filings. Adhere to deadlines established in the Financial Reporting Calendar and Corporate-specific deadlines. Help with other analytics or accounting/finance projects as directed by the management Local Requirements Americas Operations Attributes Exposure to financial assurance products (Letter of Credit/Surety Bonds as performance guarantees) and collection and invoicing experience would be an added advantage This role is responsible for converting revenue into cash for the entire Americans Operations business segment of CB&I, which operates in USA and CSA (Central and South America) regions with significant annual sales ($300M to $500M) Client Invoicing Completing all ACH Forms for new customers, Providing W9 and IRS Explanations for Vendor Setup Communicating with Customer’s AP/Vendor team to ensure all criteria are met in order to receive payments for new contracts (electronic payments are encouraged) Setup Invoice excel templates for new contract awards Standard Lump Sum, Unit of Measure, Engineering Misc., Time & Material Engage with Project and Operations teams Setup customer information in JDE (ledger software) Prepare invoice(s); Lumpsum and T&M as requested by Project Mangers: Where required send invoice drafts for review and approval Follow-up with customers if they haven’t responded to invoice drafts Intercompany invoicing Bank account monitoring and maintenance Monitor bank accounts daily Accurately handle & record cash receipts Report to operations and finance team on daily/weekly basis of the collection status Maintain signatories of ~50 bank accounts across USA & CSA Collection and Record Keeping Contact customers (including state and local authorities) and project managers for payment status Track and monitor all collection emails that come through the invoicing inboxes Responsible for weekly check run / Lockbox Daily/weekly reporting of cash collection to area finance director Monitor retention account and co-ordinate with AR team to record entries when payments received Confirm any exchange rate and currency for recording invoices Record invoiced in AR subledger Cash forecasting Take ownership of the 17-week cash forecasting process Run the cash forecasting mechanism Financial Assurance Responsible for keeping track of actual and forecasted financial assurance for the company Liaise with corporate treasury and BD teams/Project Managers to provide new financial assurance and change the nature/value of existing financial assurance and also liaise with project managers to timely unwind financial assurance when due General Ledger reconciliations required every month before cutoff not limited to AR accounts (monthly reporting rhythm for AR metrics) Help with other analytics or accounting/finance projects as directed by the management Qualifications Bachelor's (4 year) degree in accounting or equivalent Proficient in MS Excel, PowerPoint, and Acrobat writer Minimum of 5 years of in-depth experience in general accounting and auditing. Strong understanding of local & project accounting requirements and tax laws ERP accounting software experience (MS office, JD Edwards/SAP or Oracle Cloud experience a plus) Experience with consolidation software is a plus (Hyperion Financial Management and Hyperion Financial Planning) Collection and invoicing experience Experience in the Energy & Construction Industry a plus Organizational Structure and Location Organizational Level: N5+ Reports to: Senior Manager of Accounting/Regional Director Permanent work location: Regional Operations Office May be temporarily assigned to Project SitesCommon Performance Metrics Timeliness and Accuracy of all external and intercompany invoicing and General Ledger Reconciliations per schedule requirements Consistently meet or exceed deliverables per schedule deadlines Accuracy of weekly cash forecast Effective team contributor based on feedback from peers and managers Skills and Behaviors Skills and Behaviors Business presence and polish Knowledge of CB&I products and markets Proactively identifies and solves the complex problems Strong analytical and problem-solving skills Mentally agile and ability to multi-task and manage tight deadlines Proven negotiating ability with high emotional intelligence and interpersonal skills Demonstrated business partnering skills with the ability to influence the organization Adaptability and agility to learn and contribute in varying and complex environments A mature business and technical acumen coupled with a drive to achieve results Exceptional communication and presentation skill, both written and verbal Ability to work and build credibility across the business, up to and including senior management level Proactively embraces and promotes the company's values and culture, including diversity & inclusion and a healthy and safe work environment

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Responsibilities

The Sr. Accountant is responsible for accurate invoicing, cash collection, and financial reporting. This role involves maintaining financial assurance and monitoring bank accounts for the regional business unit.