Senior Accountant

Role Overview

Senior Accountant at Wood PLC, based in the Khobar Office in Saudi Arabia.

Company Overview

Wood supports global clients with advanced facilities and predictable, safe and fast delivery of projects worldwide, striving for net zero across renewables and emerging energy sectors.

Role Purpose

Oversee accounts receivable, accounts payable, and revenue processes for project-based work, ensuring accurate month-end closing, compliance with internal controls, and effective coordination across finance and project teams.

Key Responsibilities

Accounts Receivable and Payable

• Review and validate AR and AP transactions processed by the Shared Services team.
• Monitor ageing, collections status, and supplier balances in an oversight role.

Revenue Management

• Handle revenue activities end-to-end, including revenue recognition calculations, month-end revenue entries, project-related reconciliations, and contract assets and liabilities tracking.

Month-End Close

• Prepare month-end closing journals, reconciliations, and supporting schedules.
• Ensure compliance with internal controls and accounting policies.

Stakeholder Coordination

• Coordinate with Shared Services, Project Controls, and Finance teams as required.

Qualifications & Experience

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

Additional Information

• Meaningful and interesting projects delivered to leaders of industry across renewables and emerging energy sectors.
• Commitment to Diversity and Inclusion across the business with employee networks committed to giving all employees a voice.
• Competitive salary with regular salary reviews to ensure 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 the profession.