Gross Margin Analysis Finance Jobs

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Finance Lead

Wood Houston, TX

Houston, TX

Today

Full time Manager Accounting Financial Analysis

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Job Description

Flexible hybrid working in Houston, a culture that supports Diversity and Inclusion through employee networks, and access to global industry experts who help shape the standards of the profession. Wood also offers a competitive salary with regular salary reviews, a flexible benefits package, and development plans tailored to individual needs.

This role supports Wood’s Onshore Projects business as a Finance Lead, reporting to the Senior Finance Manager, with ownership across month-end close, project accounting, forecasting, margin analysis, revenue recognition, and financial reporting, while leading a small team of accountants.

Responsibilities

Act as the primary finance focal point for the Onshore Projects division and lead a small team of accountants
Lead month-end close activities, including revenue and cost accruals, gross margin analysis, balance sheet reconciliations, and preparation and presentation of month-end financial packages
Review commercial agreements, agreed rates, and required approvals to ensure appropriate financial accounting
Support project kick-off meetings and monthly project review meetings with project accounting guidance
Partner with Project Controls to structure projects so contractual requirements are captured, including lump sum contracts, revenue recognition points, and billing milestones
Review project costs, record required accruals for missing costs, and maintain accurate project margins
Review variation orders and potential variation orders, confirming appropriate accounting based on status and probability of client award
Ensure revenue recognition and billing milestones are accounted for in line with project requirements
Maintain visibility of project costs, pass-through costs, unbilled amounts, and billing activity to support timely reporting and invoicing
Perform margin analysis, including cost rate vs. sell rate and mix and volume variance analysis
Prepare full-project forecasts through completion and compare projected results against the original “as sold” position
Run contingency analysis and ensure contingency releases or increases are reflected in project accounting
Prepare budgets and forecasts for assigned service lines
Lead engagement with internal and external auditors to complete relevant audits

Requirements

Bachelor’s degree in Accounting, Business, Economics, or a related field
Professional qualification in Accounting (CA) required; CPA or CMA designation is an asset
Minimum seven (7) years of experience with a proven track record in full-cycle accounting, ideally within an engineering consultancy or oil and gas project environment
Experience working with ERP systems, including Oracle and EPM/FCC
Strong numerical and analytical skills, with advanced proficiency in Microsoft Excel (pivot tables and VLOOKUPs)
Strong understanding of project accounting principles, revenue recognition, cost accounting, and financial reporting
Excellent time-management skills to meet month-end reporting deadlines
Strong written and verbal English communication skills, with the ability to produce high-quality monthly reports
Ability to organize and provide timely financial information to stakeholders and Project Managers
Proven ability to explain and influence the application of project accounting principles with non-finance personnel
Ability to work independently and collaboratively within a team environment

Technologies

Oracle
EPM/FCC
Microsoft Excel (VLOOKUPs, pivot tables)

What Wood Can Offer

Meaningful and interesting projects delivered to leaders of industry across the oil and gas, energy, and industrial sectors.

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