Subsea Project Accountant

The company, an internationally leading manufacturing company, are looking for an accountancy & finance professional to join the company as a Project Accountant. Based in Kuala Lumpur, the Project Accountant is a key part of the Project Finance team for the Subsea Project & Services business. The role provides financial reporting and analysis to the project execution team and other stakeholders including the Project Finance Manager. In the role you will be part of a global team of Project accountants and cost controllers and be responsible for budget management across a number of projects. The role will involve daily use of the SP&S Oracle ERP system, the successful candidate will quickly acquire the ability to analyse, understand and simply explain financial transactions to financial and non-financial stakeholders. The role will take on the budget responsibility and financial control of subsea projects, where, together with the project manager, you will be responsible for reporting the total estimated cost of the project to the product line leadership team. You will also be responsible for forecasting project spend profiles, reporting any variances in expected total project cost and driving business decisions to optimise the financial performance of the assigned projects. Responsibilities: • Project cost control for a portfolio of projects. Managing the impact of change orders and identifying and reporting changes in expected costs for a defined project scope. • Quarterly forecasting of spend profile across projects, reflecting project execution in line with the project and manufacturing plans. • Quarterly Project Cost Review (PCR) to validate total project cost to wider SPS management team. • Overall management of cost budgets within Oracle ERP. • Reporting of any quarterly volume variance through to SP&S QMI rhythms • Support the SPS cash collection effort by maintaining project focus on timely achievement of project cash milestones. • Analysing of full ledger and posting of journal entries to account the correct costs in projects Qualifications & skills required: • Strong Academic background and or university graduate with minimum 2:1 in a finance/economics related degree (or equivalent degree with demonstrable finance work experience) • Strong working knowledge of Microsoft Excel and willingness to learn quickly. • Strong work ethic • Strong interpersonal and leadership skills and an effective team player. • Effective written and oral communication skills • Ability to multi-task in a fast paced environment and attention to detail • Ability to influence others and lead small teams • Commitment to HSE, integrity and compliance priorities Desired Characteristics: • Communicate clearly and professionally with finance and non-finance professionals within the organisation. • Be responsive and resilient to support evolving business demands in a dynamic operating environment. • Opportunity to assume increasing responsibility within a fast-paced projects organisation. Other Requirements:- • Position : Subsea Project Accountant • Contract duration: 12 months (2 months probation period) • Salary (Monthly) : MYR 5,000.00 - 8,000.00 per month • Office based – Monday - Friday / 9AM – 6PM • Working Hours Per Day : 8 hours • Working Days Per Week: 5 days a week • Headcount: 1 (Increase Workloads) • Location : KL, BH Office • Does the candidate need to be currently in the role country?: Yes • Target Industry : No specific • Resume Keywords : Project Accountant & Cost Controller • Perferred Language: English • Tentative Start Date : February 2025