Senior Accountant

Wood is recruiting for a Senior Accountant to join its technically challenging. 

The Role

Wood currently has an exciting opportunity for a Project Accountant based in our Khobar Office in Saudi Arabia. 

Designing the future. Transforming the world.

At Wood, we play our part by supporting our global clients with advanced facilities and predictable, safe and fast delivery of projects worldwide as we strive for net zero.   

What we can offer

• Meaningful and interesting projects delivered to leaders of industry across renewables and emerging energy sectors
• Commitment to Diversity and Inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market. 
• Commitment to continued professional development through development plans tailored to individual needs and interests
• Global connections with leading industry experts around the world who are shaping the standards of our profession

Key Responsibilities:

• Reviewing and validating AR and AP transactions processed by the Shared Services team
• Monitoring ageing, collections status, and supplier balances (oversight role)
• Handling Revenue activities end-to-end, including:
  • Revenue recognition calculations
  • Month-end revenue entries
  • Project-related reconciliations
  • Contract assets/liabilities tracking
• Preparing month-end closing journals, reconciliations, and supporting schedules
• Ensuring compliance with internal controls and accounting policies
• Coordinating with Shared Services, Project Controls, and Finance teams as required

• Bachelor's degree in Finance or Accounting 
• Good understanding of AR, AP, and Revenue processes
• Good experience in Oracle ERP
• Minimum of 10 years of experience 
• Expert with management reporting and statuary reporting