McDermott International, Ltd
Website:
mcdermott.com
Job details:
Job Description
Job Overview:
The Senior Accountant uses best practices and knowledge of internal or external issues to improve the accounting discipline within McDermott. They will act as a resource for colleagues with less experience and share their conceptual and practical expertise related to the accounting discipline. The Senior Accountant solves complex problems and uses discipline-specific knowledge to improve their products or services. The Senior Accountant impacts a range of customers, operational, project, or service activities with the accounting team and other related teams and ensures that they work within the appropriate guidelines and policies.
Responsibilities
Key Tasks and Responsibilities:
- Coordinate between commercial/bids team and corporate treasury for the following
- Review and approval of bank guarantee text format for bid submission
- Arrange for any bank support letters from corporate treasury or bank as per the requirement
- Coordinate with Bid and Project Team
- Liaise with corporate treasury/bank for the Bank Guarantee issuance
- Reach out to prospect relationship banks for identifying opportunities for new credit lines
- Ensure regular updates and information is being shared with existing Banks for annual renewal of facility
- Maintain healthy banking relations with existing and resolving any issues with respect to receipt, payment, Bank Guarantees
- Prepare list of outstanding Bank Guarantee details with project, entity and the facility used on a monthly basis.
- Prepare Bank Guarantee forecast quarterly in consultation with the project teams and ensure timely internal reviews and submission to stakeholders
- Review and sign off the petty cash reimbursement claims from petty cashier(s) in line with company policies and procedures
- Review and sign of the treasury receipt journal monthly as per the SOX control requirement
- Ensure SOX compliances relating to treasury activities are handled as per company policy
- Ensure effective cash flow management by funding the account periodically
- Any ad hoc requirement for the Treasury Function to be adhered
- Hands on experience in Treasury products and system
Qualifications
Essential Qualifications and Education:
- Qualified Chartered Accountant or equivalent qualification from internationally recognized institute
- Around 4-6 years of relevant post qualification experience
- Good understanding of banking functions
- Good communication skills
- Detailed experience in own discipline
- Ability to multi-task and manage tight reporting schedule
- May undertake projects and shares expertise
- Ability to work independently with minimum amount of supervision
- Ability to work with stakeholders of all levels as needed
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.
Click on Apply to know more.