4 days left

McDermott Corporation
Apr 10, 2024
May 29, 2024
Work Mode
Work from office
Full Time
Organization Type
Academia, Corporate
Company Overview:

People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to 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 offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.

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.

Here, what you do matters.

Job Overview:

Good knowledge in all aspects of general accounting (incl month close activities, inter-company and account reconciliation). Responsible for managing a small team of R2R accountants (based out of our FSS Center in Chennai, servicing one or more of our global locations) and processes; adherence to company policies and procedures; and, promoting a positive team environment

Essential Qualifications and Education:
  • B.Com/M.Com/MBA Finance with 10+ years of work experience (semi qualified CA or CMA preferred) (or) Chartered Accountant with 2+ years of work experience
  • Experience in working for a global organisation preferably with engineering companies in the oil & gas secto
  • Experience with Oracle or similar ERP systems required
  • Experience in transition management preferred
  • Should have supervised teams of 5+ team members being majorly responsible for their productivity and performance management
  • Should demonstrate process improvement mindset and experience in driving process improvement
  • Good knowledge of Hyperion (HFM) and Smartview would be an advantage
  • Strong attention to accuracy and detail
  • Strong analytical skills and ability to communicate effectively (both verbal and written)
  • Strong presentation skills and proficient in Microsoft Office (Excel, Word, Outlook, Power Point etc.)
  • Demonstrate good people management skills


Key Tasks and Responsibilities:
  • Maintain internal financial control over an area of responsibility
  • Apply principles of accounting to analyze financial information and prepare financial reports
  • Compile and analyze financial information to prepare entries to accounts such as general ledger
  • Follow work procedures and expedite workflow
  • Examine work for exactness, neatness, and conformance to company accounting policies and procedures
  • Analyze records of present and past operations, trends, and costs
  • Develop and maintain a computer-based system following corporate accounting procedures
  • Ensure that all activities involving foreign currency are hedged according to company policy
  • Prepare weekly, monthly, quarterly, and annual reports as required
  • Align and coordinate with other departments and maintain a good working relationship to ensure overall efficiency
  • Responsible for execution of R2R activities assigned to the team, including US GAAP, HFM, account and balance sheet reconciliations, inter-company billing & settlement, recording monthly accruals/ amortizations and other cost journals, hedge accounting, supporting tax filings and tax reconciliations
  • Responsible for executing month/ quarter/ year end processes and ensuring books are closed on time
  • Ensure all month end activities are completed within agreed time and of the highest quality and ensure that team metrics/KPIs are met
  • Support various internal and external audits relating to R2R activities
  • Provide timely and effectively communicated responses to internal and external inquiries
  • Provide accurate and effective document preparation and records management relative to the R2R function, in accordance with records retention policies and procedures
  • Any other duties as assigned by the Principal Accountant (FSS) - R2R

The Accountant is responsible for applying existing knowledge and experience in the accounting discipline to support routine assignments. They will use best practices and knowledge of internal or external issues to improve products or services in the accounting discipline.