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Project Accounting Manager - U.S. Gulf Coast

Job in Houston, Harris County, Texas, 77246, USA
Listing for: WorleyParsons
Full Time position
Listed on 2026-09-12
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Accounts Receivable/ Collections
  • Accounting
    Financial Analyst, Financial Reporting, Accounts Receivable/ Collections
Salary/Wage Range or Industry Benchmark: 125000 - 165000 USD Yearly USD 125000.00 165000.00 YEAR
Job Description & How to Apply Below

Job Description - Project Accounting Manager - U.S. Gulf Coast (HOU
04F9)

Company :
Worley

Primary Location

USA-TX-Houston

Job

Finance

Schedule

Full-time

Employment Type

:
Employee

Job Posting

Sep 3, 2026

Unposting Date

Oct 4, 2026

Reporting Manager Title :
Director, Operational Finance

About us

Worley is a global company of energy, chemicals and resources experts headquartered in Australia. We partner with our customers to deliver projects and create value across the life of their assets. We specialize in consulting, engineering, procurement and construction across the project lifecycle, with services extending through to operations and decommissioning. Leveraging extensive experience and AI-enabled delivery, we support customers in navigating complexity as they meet today's needs and transition to more sustainable solutions.

Responsibilities

Managerial Duty
  • Supports the Location Management Reporting processes for the delivery of consistent, accurate and timely management information (financial and statistical) to enable efficient fact based decision making.
  • Prepares, analyses, and interprets location results; comparing budget/forecast to actual, including KPI’s, and key business drivers, also recognizing the complexity arising from the multiple financial demands.
  • Responsible for revenue and profit recognition in accordance with accounting policies.
  • Responsible for leading a finance team, recruiting, training, coaching and developing, while maintaining a work environment that attracts and retains top talent.
  • Interprets commercial terms and conditions, including FX, tax, credit, and system implications.
  • Directs the administration and accounting of zero balance accounts and required third party reporting.
  • Identifies leakages within Location projects and guides management towards improvement.
  • Actively manages overall location’s cash flow process, including engaging the business for resolutions of disputes and timely collection of outstanding accounts.
  • Undertakes ad hoc reporting and participates in special projects as required.
Reporting/Analysis
  • Ensure processes in place to enable accurate weekly revenue recognition.
  • Weekly review of margins, WIP, Debtor and cash flow.
  • Ensure intercompany payables or receivables reconciled with counterpart and ensure prompt payment and received.
  • Link between Accounts payable and project for coding of invoices, ensuring that missing/expected invoices are accrued for/accounted timely.
  • Create and validate forecast/Budget for chargeable hours, sell/cost rates, resulting margin and ensure target is reasonable.
  • Produces and analyzes trend and variance reports as needed.
  • Gathers project accruals and provision information as needed in line with IFRS.
  • Ensures for lump sum projects, that revenue recognition is as per IFRS with full support of calculations and assumptions used.
  • Owns the accuracy of financial data as reported in monthly MPRD’s through collaboration with Projects team.
  • Works closely with Project Controls and Finance Analysts to produce monthly reports and estimates.
  • Works closely with project operations, controls and billing coordinators to improve project administration processes and effectiveness.
Commercial Support
  • Identifies areas of potential project gross margin improvement; ensures accurate recovery of all costs as defined in the contract and ensures non-billable costs are minimized.
  • Interprets commercial terms and conditions, including Foreign Exchange, tax, credit, and system implications on bids and tenders to ensure accurate and timely costing and revenue recognition.
  • Works closely with Project Managers and Project Controls, and participates in monthly project reviews to challenge the financial and commercial health of projects.
  • Ensures project profitability is maximized for…
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