Finance Lead

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.