Senior Project Accountant (Upstream Oil & Gas Waste Management)

WTS Energy, headquartered in the Netherlands and established in 2000, is one of the leading Outsourcing & Workforce Management Companies to the Global Energy industry. WTS Supplies Manpower, Recruitment, Outsourcing Services in Africa, the Middle East, Europe and the Americas. WTS Energy works on all Energy projects, Oil & Gas and Renewables. We h…

Senior Project Accountant (Upstream Oil & Gas Waste Management)

Key Responsibilities

• Design and implement project accounting frameworks including chart of accounts, job codes, cost centers, and allocation methodologies aligned with IFRS and corporate policies.

• Develop and maintain project budgeting structures, standard costing templates, and approval workflows.

• Lead budgeting, forecasting, and variance analysis for CapEx and OpEx across project phases and activities.

• Monitor project cost-to-complete, identify cost overruns, and recommend corrective actions.

• Prepare rolling cashflow forecasts in collaboration with procurement and operations teams.

• Produce monthly and weekly project financial reports including P&L, WIP, cost variance analysis, committed vs incurred costs, and margin reporting.

• Develop financial dashboards and KPIs to support project performance tracking and decision-making.

• Ensure accurate revenue recognition in line with contract terms including T&M, lump sum, and unit rate agreements.

• Support invoicing processes including billing, change orders, claims, retentions, and contract adjustments.

• Reconcile client accounts and resolve billing discrepancies and disputes.

• Ensure timely and accurate cost capture from procurement, operations, and subcontractors.

• Validate subcontractor invoices, progress claims, and equipment hire costs against contractual agreements.

• Support procurement processes to ensure cost compliance, contract adherence, and payment milestone tracking.

• Ensure compliance with IFRS, Kenyan tax regulations, environmental levies, and industry-specific reporting requirements.

• Support statutory audits, tax filings, and regulatory submissions related to project activities.