Junior Project Controller

UTEC, part of Acteon Geo Services, is one of the world's largest independent offshore and onshore survey providers. We provide a wide range of survey, positioning and data management services using the most advanced equipment and techniques. The data we generate provides our clients with the information they need to make critical, well informed, business decisions.

The Junior Project Controller is required to assist the Project Controller with the analysis of project costs and revenue while working closely with the operations and finance teams.

Location: Aberdeen (hybrid working)

Role Description

• Assist project controller with the preparation of customer invoices
• Liaise with project controller and the COE (Centre of Excellence) Accounts Receivable team to ensure invoices are submitted timely; reconciling and monitoring any variances; liaising with client rep on any discrepancies or additional backup required
• Assist with project costs reconciliations, forecasting project revenue, cost and cash flow, revenue recognition calculations, and any necessary supporting schedules for monthly general ledger close.
• Assist project controller with preparing project closeout reports at the end of the contracts and provide relevant feedback to the commercial team, regarding any variances that need to addressed for future work.
• Monitor, issue reports, and estimate project costs – includes updating budgets as costs are incurred; alerting Project Controller to cost overruns; reconciling actual costs to project budget
• Interface with finance COE (Center of Excellence) and supply chain, including coordination of all departmental services and support for relevant worksites to maximize cost performance and efficiency.
• Assist with the creation & maintenance of project resources/objects within the accounting system (Navision)
• Record and reconcile project activity in accounting system
• Assist with the calculation and estimation of project revenue on a monthly and on-going basis
• Ensure that all deliverables comply with regulatory guidance and professional standards.
• Provide assistance with external audit and any other examinations.
• General support across all accounting functions, as necessary

• Preferred 1-2 years project control or accounting experience
• Preferred Oil & Gas Industry experience
• Thorough understanding of Generally Accepted Accounting Principles (GAAP). Knowledge of Statutory accounting principles.
• Intermediate knowledge of major accounting software packages for both general ledger and statutory accounting.