At a Glance
- Tasks: Support the finance team with invoicing, expense processing, and month-end close.
- Company: Join Wood, a global leader in engineering and consultancy.
- Benefits: Gain valuable experience in the oil and gas industry with a supportive team.
- Other info: Diverse workplace with opportunities for growth and development.
- Why this job: Kickstart your career in finance while making an impact in a dynamic environment.
- Qualifications: Strong Excel skills and attention to detail; oil and gas experience preferred.
The predicted salary is between 30000 - 40000 £ per year.
Wood is currently looking for an Associate Accountant with oil and gas petrochemical industry experience to join the Aberdeen team on a 3 month fixed term basis.
OBJECTIVE: Provision of accounting support to contract finance team including invoicing, month end close, processing expenses and third party invoices and general support in a timely and accurate manner.
KEY ACCOUNTABILITIES:
- Focal point for Oracle expenses on the contract covering coding and approval.
- Review of supplier invoices in Azolve prior to approval (Training, Accommodation).
- Review and analysis of costs coded to contract within the accounting system to ensure charges are correct and adjust as applicable.
- Undertake labour hour reconciliations between systems to ensure all hours have been captured for invoicing and costing purposes.
- Running various revenue, cost and structure reports in Oracle accounting system.
- Carrying out pre-invoicing checks to ensure all costs are invoiced in a timely manner.
- Maintaining bill rate schedules within Oracle.
- Running processes and requests in Oracle to create monthly invoices.
- Collating back up for invoices e.g. third party invoices, expense forms, approval forms.
- Assistance with submitting invoices to client, updating accounts receivables register and tracking spending against client purchase orders.
- Assistance with ensuring finance contract reconciliations are prepared, reconciled to accounts, analysed and reviewed on a monthly basis to establish over/under-recoveries and enable any corrective actions to be taken in a timely manner.
- Responsible for maintaining contract delegation of authority matrix in line with any personnel changes on the contract.
- Liaising with departments as required to undertake role: Commercial, Human Resources, Time Writing Central and Contract Managers.
- Provide support with month end and forecasting processes as required.
- Execution of various ad hoc tasks as and when requested.
Qualifications
Minimum Qualifications: Preferably higher grades or HNC/HND.
Minimum Experience: Previous experience. Knowledge and experience of MS Office Packages, particularly Excel. Strong verbal and written communication and interpersonal skills to build good working relationships within teams. Highly organised and ability to prioritise tasks. Must be able to meet deadlines without compromising accuracy. Strong attention to detail.
Job-Specific Skills: Oil and gas experience preferred.
Associate Accountant employer: Wood
Wood is an exceptional employer that champions diversity and fosters a supportive work culture, making it an ideal place for aspiring legal professionals. With a strong commitment to professional development, employees benefit from competitive salaries, flexible benefits, and opportunities for growth in the dynamic energy sector. The hybrid work model in vibrant locations like Aberdeen or Reading further enhances work-life balance, allowing you to thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Accountant
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Wood.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Wood might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Associate Accountant
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Wood will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Wood. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Wood confidence in your short-term commitment to the role.
How to prepare for a job interview at Wood
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Wood.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Wood that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
