Accounts Audit Coordinator

Requisition ID: 288364

• Relocation Authorized: National - Single
• Telework Type: Full-Time Office/Project
• Work Location: Jubail

Extraordinary teams building inspiring projects:

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.

Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver. Learn more about our extraordinary teams building inspiring projects in our Impact Report.

Project Overview:

Jubail is one of Bechtel’s most remarkable achievements—a city built from the sand up, requiring vast resources and logistical planning on an unprecedented scale. It the biggest civil engineering project in modern times—and it's getting bigger. Bechtel has managed the Jubail project, located in the Eastern Province of Saudi Arabia, since it began in the mid-1970s. Saudi Arabian Bechtel Company (SABCO) serves as the Management Services Contractor (MSC), or “owner’s representative” for our client, the Royal Commission (RC). We are the Engineering, Procurement, and Construction (EPC) managers, managing design submissions from local AE firms, and overseeing the actual construction work being performed by local contractors and sub-contractors in Jubail and Ras-Al-Khair Industrial Cities. In June 2021, Bechtel’s contract with the Royal Commission was renewed for another 5 years with work focusing on building new residential communities, iconic buildings/ bridges, major site preparation, commercial buildings, mosques, schools, hospitals, sports facilities, clinics, universities, utility services and infrastructure (electrical sub-stations, lift stations), roads and highways, port & pipeline expansions, and more.

Job Summary:

This is a seconded position to the Royal Commission (RC) in Juabil Industrial City. The candidate will be supervised on a day-to-day basis with the daily tasks being assigned by RC. The role will be dependent on RC’s requirement in future.The candidate’s timesheet and annual performance review will be performed by the assigned Bechtel supervisor.

Major Responsibilities:

• Review and verify financial claims of contractors and suppliers, as well as employees’ financial entitlements, ensuring compliance with approved policies and procedures.
• Reconcile advance payments according to the percentage of work completed.
• Deduct penalties and fines from contractors and suppliers in accordance with regulations.
• Verify the completeness of all supporting documents and certificates required by policies, regulations, instructions, and approved contracts.
• Collect revenues deducted from contractors and suppliers in line with the contracting system, coordinating with the Revenue Department.
• Prepare payment orders and accounting settlements.
• Record accounting entries based on accrual principles.
• Coordinate with the Bank Guarantees Unit regarding requests for release reduction, or confiscation of guarantees, according to contract status and completion rates.
• Monitor bank guarantees, ensuring authenticity, validity, and proper issuance.
• Confirm that no outstanding advances remain for contractors and suppliers after finalizing their work with the Royal Commission.
• Enter all financial transactions related to audit activities into the approved accounting systems in Royal Commission.
• Verify disbursement amounts and review payment reports.
• Monitor budget allocations, ensuring that expenditures do not exceed available limits.
• Audit invoice processing to detect discrepancies and ensure compliance with approved procedures.
• Perform any additional tasks related to the role as assigned or delegated by management.

Education and Experience Requirements:

• Associate/bachelor’s degree holder in Accounting/Finance.
• University Hire with less than 1 year of experience or 4-5 years of relevant work experience of Accounting/Finance experience.
• Strong understanding of accounting principles.
• Knowledge using accounting applications.
• Computer literate in MS Excel, MS Word
• Studying for an accounting certification

Required Knowledge and Skills:

• Computer literate in MS Excel, MS Word
• Studying for an accounting certification

Total Rewards/Benefits:

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

Diverse teams build the extraordinary:

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to [email protected]